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Matawan 07747
22 Lakeside Drive
$260,000
● House - Off Market

22 Lakeside Drive

Matawan, NJ 07747
bedrooms
3 Beds
bathrooms
1 Bath
$495,959
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Lovely home in a very desirable neighborhood - ''Green and White Village''. Roomy kitchen with center island and all appliances. Large living room with wood floor and fireplace. Dramatic family room has a vaulted ceiling and skylight. Formal dining room. 3 spacious bedrooms. Large fenced yard has a deck, patio and storage shed. Gas heat and Central A/C. Extra attic storage. Near Matawan train station to NYC/Newark and walk to NYC busses. Convenient to Garden St Pkwy, Routes 34, 35, & 36.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MOMLS #21313502)

Price History

Date / Event Date Event Price
Aug 30, 2013 Sold
Premium
Sold
Apr 21, 2013 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $254,900
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,516
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,397
  • Building Area: 1,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,397
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 26
  • Account Number: 16450
  • District: 31
  • Parcel: 31 00118-0000-00016
  • Block: 118
  • Lot: 16
  • Municipality: MATAWAN BORO
  • Latitude: 40.4107
  • Longitude: -74.2463

    Address

  • Full Address: 22 Lakeside Dr
  • Address - House Number: 22
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C029
  • 4-Digit Zip Code: 3015
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $924,820

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 525,753
  • High Value: 628,403
  • Low Value: 423,103

    Market Valuation

  • Market Total Value: $425,400
  • Market Land Value: $297,100
  • Market Improvement Value: $128,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,400
  • Assessed Land Value: $297,100
  • Assessed Improvements Value: $128,300

    Sales

  • Current Sale Contract Date: May 05, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020049917
  • Previous Sale Recording Date: Sep 05, 2013
  • Previous Sale Contract Date: Aug 30, 2013
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Matawan

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1839 ft²

Average Home Age

47.5 years

Currently For Sale

24 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 126 Main Street, Matawan, NJ, 07747

$3,300 /mo

  • 3 Beds
  • 2 Baths
126 Main Street #410, Matawan, NJ, 07747 Listing by Nikita Bhasin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allan Buim, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21313502
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 22 Lakeside Drive built and last sold?
The property at 22 Lakeside Drive was built in 1949 and last sold on May 5, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 22 Lakeside Drive is $257,449.
What are some comparable homes to 22 Lakeside Drive?
There are currently no comparable homes to 22 Lakeside Drive.
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