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Tinton Falls 07724
241 Riveredge Road
$443,000
● House - Off Market

241 Riveredge Road

Tinton Falls, NJ 07724
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$947,212
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Home Sweet Home ~ Spacious, Updated, Kid-Friendly Neighborhood & Close to GSP. Nothing to do but unpack in this 4 bedroom, 3 full bath home w/ 2 car garage & home office! Amenities include: Kitchen w/granite counters & SS appliances, hardwood floors, crown molding, bay window, plantation shutters, recessed lighting, stone fireplace, built-ins & ceiling fans. Backyard offers beautiful gardens, 20 ft. x 40 ft. in-ground pool w/new sand filter, 2-tier deck &...ALL DAY SUNSHINE! Priced to Sell!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1958

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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 #21210536)

Price History

Date / Event Date Event Price
Jun 1, 2012 Sold
Premium
Sold
Mar 19, 2012 Listed by Childers Sotheby's Intl Realty $439,900
Listed by Childers Sotheby's Intl Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 600
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 24,480
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000562
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Monmouth Regional School District
  • Census Tract: 812600

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 49
  • Parcel: 49 00032- 02-00107
  • Block: 32.02
  • Lot: 107
  • Municipality: TINTON FALLS BORO
  • Latitude: 40.3311
  • Longitude: -74.092

    Address

  • Full Address: 241 Riveredge Rd
  • Address - House Number: 241
  • Address - Street Name: Riveredge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Tinton Falls
  • Carrier Code: C010
  • 4-Digit Zip Code: 2757
  • Zip Code: 07724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,049,839

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 874,228
  • High Value: 1,037,392
  • Low Value: 711,063

    Market Valuation

  • Market Total Value: $682,600
  • Market Land Value: $307,700
  • Market Improvement Value: $374,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $682,600
  • Assessed Land Value: $307,700
  • Assessed Improvements Value: $374,900

    Sales

  • Current Sale Contract Date: Jun 01, 2012
  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012080931
  • Previous Sale Recording Date: Oct 06, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $667,500
  • 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 Tinton Falls

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$361

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2039 ft²

Average Home Age

31.1 years

Currently For Sale

36 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 145 Chestnut Street, Red Bank, NJ, 07701

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
145 Chestnut Street #B, Red Bank, NJ, 07701 Listing by Timothy A Henry

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Aileen Starkey-Casalino, Childers Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21210536
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 241 Riveredge Road built and last sold?
The property at 241 Riveredge Road was built in 1958 and last sold on Jun 1, 2012 for $443,000.
How much is this home worth?
The estimated value of the home located at 241 Riveredge Road is $0.
What are some comparable homes to 241 Riveredge Road?
There are currently no comparable homes to 241 Riveredge Road.
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