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Fair Haven 07704 Fair Haven
27 Park Lane
$2,200,000
● House - Off Market

27 Park Lane

Fair Haven, NJ 07704
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$2,299,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Home in the HEART of River Oaks! Walk to town and schools and just minutes from the ferry and beaches. This 5 bedroom and 4 1/2 bath home offers a fresh and modern feel to the neighborhood. From the natural white oak floors to the quartz waterfall island and unique fixtures, this home has it all. Open floor plan and 2 large family rooms, outdoor paver patio and fire pit make entertaining a breeze! Lower level with high ceilings has been beautifully finished with family room, wet bar, CUSTOM bunk room (sleeps 7), gym, playroom, and full bath. Office with custom built-ins, 2 laundry rooms, custom closets, full house generator, 2 car detached garage and more! Corner lot is beautifully set on meticulously landscaped grounds.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,230
HOA Dues
-
Year Built
2018

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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 #22320584)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Jul 27, 2023 Listed by Brenda McIntyre Realty $2,299,999
Listed by Brenda McIntyre Realty
Jan 15, 2020 Sold
Premium
Sold
Sep 25, 2019 No longer available -
No longer available
Sep 23, 2019 Listed by Gloria Nilson & Co. Real Estate $1,599,000
Listed by Gloria Nilson & Co. Real Estate
Fair Haven meet the Hamptons! Brand new construction offering 5 bedrooms and 4 and half baths bringing a fresh and modern feel to the neighborhood. From the natural white oak floors to the quartz waterfall island and unique fixtures this home offers everything you have been looking for. Open floor plan and 2 large family rooms, outdoor paver patio and fire pit make entertaining a breeze! Lower level has been beautifully finished with family room with wet bar, gym/office,bed and full bath. Full house generator, 2 car detached garage. 2 Laundry rooms, lower level gym/office room. Very close to town, schools, beaches and NYC ferry and train
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,567
  • Garage Type: 4
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,510
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 740
  • Total Building Area: 3,112
  • Building Area: 3,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAO OF RIVER OAKS SECTION 5
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: 287

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 14
  • Parcel: 14 00060-0000-00015
  • Block: 60
  • Lot: 15
  • Municipality: FAIR HAVEN BORO
  • Latitude: 40.3624
  • Longitude: -74.032

    Address

  • Full Address: 27 Park Ln
  • Address - House Number: 27
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Fair Haven
  • Carrier Code: C016
  • 4-Digit Zip Code: 3513
  • Zip Code: 07704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,595,998

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 2,173,923
  • High Value: 2,536,328
  • Low Value: 1,811,519

    Market Valuation

  • Market Total Value: $1,649,300
  • Market Land Value: $659,000
  • Market Improvement Value: $990,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,649,300
  • Assessed Land Value: $659,000
  • Assessed Improvements Value: $990,300

    Sales

  • Current Sale Contract Date: Dec 04, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85593
  • Previous Sale Recording Date: Jan 23, 2020
  • Previous Sale Contract Date: Jan 15, 2020
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$1,499,900

Sale Price/ft²

$741

Above Asking

0.00%

Average Days on Market

51

Average Home Size

1801 ft²

Average Home Age

23 years

Currently For Sale

4 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 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
Unit for rent at 153 Birch Avenue, Little Silver, NJ, 07739

$4,600 /mo

  • 3 Beds
  • 3 Baths
153 Birch Avenue, Little Silver, NJ, 07739 Listing by Vicky Sun

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Blair O'Connor, Brenda McIntyre Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22320584
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 27 Park Lane built and last sold?
The property at 27 Park Lane was built in 2018 and last sold on Dec 4, 2023 for $2,200,000.
How much is this home worth?
The estimated value of the home located at 27 Park Lane is $2,322,999.
What are some comparable homes to 27 Park Lane?
There are currently no comparable homes to 27 Park Lane.
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