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Monmouth 08736
2403 Fairview Drive
$740,000
● House - Off Market

2403 Fairview Drive

Manasquan, NJ 08736
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$673,158
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

HIGHEST 7 BEST Due Mon., 6/19 5 pm.  This spacious home  boasts over 2,000 sq. ft, featuring 4 bedrms, 2 of which are conveniently situated on the lst fl.  Perfectly designed for entertaining, this home presents an inviting Living Rm, a Dining Rm. perfect for gatherings, an inviting spacious kitchen, and cozy den  Both lst and 2nd floors showcase glistening hardwood floors.  When its time to unwind, you can retreat to the privacy of your fenced-in yard, providing a tranquil space to relax after a day at the nearby beach.  The area is also renowned for its array of restaurants and shops, ensuring convenience and entertainment are always within reach.  A quiet street and across the street is a beautiful park with a ''Doggie Park'', tennis, etc.
Unit Size
2,016 Ft²
Days on Market
40 days
Land Size
0.23 acres
Price per sqft
$335
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1969

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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 #22316303)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
Jun 15, 2023 Listed by Diane Turton, Realtors-Sea Girt $675,000
Listed by Diane Turton, Realtors-Sea Girt

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,260
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,165
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808800

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 113
  • District: 52
  • Parcel: 52 00319-0000-00002
  • Block: 319
  • Lot: 2
  • Municipality: WALL TWP
  • Latitude: 40.1269
  • Longitude: -74.0656

    Address

  • Full Address: 2403 Fairview Dr
  • Address - House Number: 2403
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C013
  • 4-Digit Zip Code: 1617
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $857,488

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 757,068
  • High Value: 882,103
  • Low Value: 632,033

    Market Valuation

  • Market Total Value: $418,900
  • Market Land Value: $249,000
  • Market Improvement Value: $169,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,900
  • Assessed Land Value: $249,000
  • Assessed Improvements Value: $169,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 51663
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 Monmouth

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$384

Above Asking

0.56%

Average Days on Market

64

Average Home Size

1961 ft²

Average Home Age

45.2 years

Currently For Sale

3012 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 108 Glimmer Glass Circle, NJ, 08736

$6,500 /mo

  • 4 Beds
  • 3 Baths
108 Glimmer Glass Circle, NJ, 08736 Listing by Larry Schmidt

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia Mayer, Diane Turton, Realtors-Sea Girt
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22316303
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 2403 Fairview Drive built and last sold?
The property at 2403 Fairview Drive was built in 1969 and last sold on Jul 25, 2023 for $740,000.
How much is this home worth?
The estimated value of the home located at 2403 Fairview Drive is $688,354.
What are some comparable homes to 2403 Fairview Drive?
There are currently no comparable homes to 2403 Fairview Drive.
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