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Tinton Falls 07753
25 Andrew Drive
$589,900
● House - Off Market

25 Andrew Drive

Tinton Falls, NJ 07753
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,984 Ft²
$586,220
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Opportunity Knocks! Spacious 4 bedroom 3 bath Bi Level on tranquil corner lot in the heart of Tinton Pines! Open floor plan features 2 story foyer, living & dining room combo with hardwood floors, sun drenched eat in kitchen w/ oak cabinetry, quartz counters, tile backsplash & dinette area w/ bay window, cozy family room w/ french doors leading out to yard, 4 generous sized bedrooms, 2 1/2 updated baths, first floor laundry & attached oversized 2 car garage! Master Bedroom boasts walk in closet & private full bath! Beautiful fenced in yard w/ large deck & storage shed! Well Maintained, neutral decor, gas heat, central air, vinyl windows and  maint. free vinyl exterior! Fabulous location, only minutes to the parkway, route 18, shopping & beaches! Do not delay, this one will not last!
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$297
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1986

Payment Calculator

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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 #22312798)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 23, 2023 Listed by Schecher Realty $589,900
Listed by Schecher Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • 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: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Monmouth Regional School District
  • Census Tract: 804801

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: TAX MAP 64
  • District: 49
  • Parcel: 49 00124- 45-00007
  • Block: 124.45
  • Lot: 7
  • Municipality: TINTON FALLS BORO
  • Latitude: 40.2478
  • Longitude: -74.0953

    Address

  • Full Address: 25 Andrew Dr
  • Address - House Number: 25
  • Address - Street Name: Andrew
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Tinton Falls
  • Carrier Code: C024
  • 4-Digit Zip Code: 7914
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $748,656

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 616,599
  • High Value: 733,547
  • Low Value: 499,652

    Market Valuation

  • Market Total Value: $490,600
  • Market Land Value: $236,400
  • Market Improvement Value: $254,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,600
  • Assessed Land Value: $236,400
  • Assessed Improvements Value: $254,200

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 68769
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:

$525,000

Sale Price/ft²

$361

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1856 ft²

Average Home Age

32.4 years

Currently For Sale

44 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 19 Pinto Drive, Tinton Falls, NJ, 07753

$3,650 /mo

  • 2 Beds
  • 2 Baths
19 Pinto Drive, Tinton Falls, NJ, 07753 Listing by Wendy Acevedo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michele Ashkenazi, Schecher Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22312798
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 25 Andrew Drive built and last sold?
The property at 25 Andrew Drive was built in 1986 and last sold on Sep 26, 2023 for $589,900.
How much is this home worth?
The estimated value of the home located at 25 Andrew Drive is $0.
What are some comparable homes to 25 Andrew Drive?
There are currently no comparable homes to 25 Andrew Drive.
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