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Kinnelon 07405
23 Banta Road
Listed by: John Haydu, [email protected], Keller Williams Realty - NJ Metro Group, (973) 783-7400, Listing Courtesy of NJMLS
$765,000
● House - Off Market

23 Banta Road

Kinnelon Borough, NJ 07405
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$5,090
Est. Monthly
4.03%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,333
HOA Dues
-
Year Built
1981

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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 (NJMLS #24010214)

Price History

Date / Event Date Event Price
Jul 17, 2024 Sold
Premium
Sold
Apr 24, 2024 In contract -
In contract
Apr 8, 2024 Listed by Keller Williams Realty - NJ Metro Group $699,000
Listed by Keller Williams Realty - NJ Metro Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,946
  • Total Building Area: 2,494
  • Building Area: 2,494
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,494
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLESIDE ESTATE SECTION #4
  • Land Acres: 0000000940
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Kinnelon Borough School District
  • Census Tract: 040701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: TAX MAP 52
  • District: 15
  • Parcel: 15 45206-0000-00122
  • Block: 45206
  • Lot: 122
  • Municipality: KINNELON BORO
  • Latitude: 40.9998
  • Longitude: -74.3603

    Address

  • Full Address: 23 Banta Rd
  • Address - House Number: 23
  • Address - Street Name: Banta
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Kinnelon
  • Carrier Code: C008
  • 4-Digit Zip Code: 2514
  • Zip Code: 07405

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,643,474

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 783,208
  • High Value: 905,544
  • Low Value: 660,871

    Market Valuation

  • Market Total Value: $619,043
  • Market Land Value: $264,480
  • Market Improvement Value: $354,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,300
  • Assessed Land Value: $247,500
  • Assessed Improvements Value: $331,800

    Sales

  • Current Sale Contract Date: Aug 12, 1996
  • Current Sale Recording Date: Sep 03, 1996
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 072731
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 Kinnelon

Stats & Trends

Median Asking:

$1,024,950

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

73

Average Home Size

300 ft²

Average Home Age

57.8 years

Currently For Sale

23 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 17 Halina Ln, Butler Boro, 07405-1556

$4,200 /mo

  • 3 Beds
  • 2 Baths
17 Halina Ln, Butler Boro, 07405-1556 Listing by KUNHO LEE

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: John Haydu
Keller Williams Realty - NJ Metro Group
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24010214
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. 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 23 Banta Road built and last sold?
The property at 23 Banta Road was built in 1981 and last sold on Aug 12, 1996 for $0.
How much is this home worth?
The estimated value of the home located at 23 Banta Road is $0.
What are some comparable homes to 23 Banta Road?
There are currently no comparable homes to 23 Banta Road.
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