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Fair Haven 07704 Fair Haven
235 3rd Street
$820,000
● House - Off Market

235 3rd Street

Fair Haven, NJ 07704
bedrooms
3 Beds
bathrooms
2 Baths
$817,445
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Everyone loves Fair Haven! Here is your opportunity to live in one of New Jersey's favorite towns - where neighbors become friends & lifetime memories are made. In-town, move-in-ready home features 3 BRs, 2 full BAs, Living RM, Family RM w/fireplace, eat-in-Kitchen w/island & 1st FL laundry. Hardwood floors throughout. Full home generator. Private, manageable yard w/spacious deck ready for summertime fun!  In-town location is key w/easy access to schools, shops, parks, etc. If you're not familiar w/Fair Haven, spend time getting acquainted w/this upscale coastal town w/top-rated schools, easy access to fast ferries to NYC & mins to beach!
Unit Size
-
Days on Market
126 days
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$834
HOA Dues
-
Year Built
1903

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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: 2 years ago (MOMLS #22207859)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by Heritage House Sotheby's International Realty $799,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 468
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Fair Haven Borough School District
  • Census Tract: 803700

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 14
  • Parcel: 14 00028-0000-00002- 1
  • Block: 28
  • Lot: 2.1
  • Municipality: FAIR HAVEN BORO
  • Latitude: 40.3613
  • Longitude: -74.0347

    Address

  • Full Address: 235 3rd St
  • Address - House Number: 235
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Fair Haven
  • Carrier Code: C018
  • 4-Digit Zip Code: 3351
  • Zip Code: 07704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,097,865

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 931,703
  • High Value: 1,116,868
  • Low Value: 746,539

    Market Valuation

  • Market Total Value: $712,244
  • Market Land Value: $409,170
  • Market Improvement Value: $303,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $697,500
  • Assessed Land Value: $400,700
  • Assessed Improvements Value: $296,800

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 114365
  • Previous Sale Recording Date: Sep 01, 2022
  • Previous Sale Contract Date: Jul 22, 2022
  • Previous Sale Amount: $820,000
  • 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 Fair Haven

Stats & Trends

Median Asking:

$1,499,000

Sale Price/ft²

$731

Above Asking

0.00%

Average Days on Market

56

Average Home Size

1445 ft²

Average Home Age

26.2 years

Currently For Sale

7 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 20 Washington Street, Rumson, NJ, 07760

$4,500 /mo

  • 2 Beds
  • 2 Baths
20 Washington Street #B, Rumson, NJ, 07760 Listing by Philip Rotchford
Unit for rent at 29 Brown Place, Red Bank, NJ, 07701

$4,200 /mo

  • 3 Beds
  • 2 Baths
29 Brown Place, Red Bank, NJ, 07701 Listing by Jeffrey Cruz

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Bernadette G Barnett, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22207859
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 235 3rd Street built and last sold?
The property at 235 3rd Street was built in 1903 and last sold on Jul 25, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 235 3rd Street is $0.
What are some comparable homes to 235 3rd Street?
There are currently no comparable homes to 235 3rd Street.
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