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Monmouth 07751
284 Spring Valley Road
$615,000
● House - Off Market

284 Spring Valley Road

Morganville, NJ 07751
bedrooms
5 Beds
bathrooms
5 Baths
$1,315,820
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Custom home located on 5.4 acres nestled in wooded setting with open floor plan on main level. 10ft. Ceilings on main level and 9ft on second level. Eat in kitchen with breakfast area, mahogany kitchen cabinets, granite floors and countertops. This home offers 5 bedrooms 5 full bathrooms, finished basement with kitchen and full bathroom. Sunroom off the family great for entertaining. In Ground pool is great for summertime fun. Don't miss out on this rare find.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,240
HOA Dues
-
Year Built
1996

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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 #21309647)

Price History

Date / Event Date Event Price
Dec 17, 2013 Sold
Premium
Sold
Mar 23, 2013 Listed by Coldwell Banker Realty $675,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,108
  • Garage Type: 10
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 237,838
  • Total Building Area: 3,965
  • Building Area: 3,965
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,965
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005460
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809503

Zoning

  • Zoning: LC

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 30
  • Parcel: 30 00146-0000-00046
  • Block: 146
  • Lot: 46
  • Municipality: MARLBORO TWP
  • Latitude: 40.3722
  • Longitude: -74.2787

    Address

  • Full Address: 284 Spring Valley Rd
  • Address - House Number: 284
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morganville
  • Carrier Code: R086
  • 4-Digit Zip Code: 4131
  • Zip Code: 07751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,484,610

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 1,034,645
  • High Value: 1,205,772
  • Low Value: 863,519

    Market Valuation

  • Market Total Value: $615,000
  • Market Land Value: $186,400
  • Market Improvement Value: $428,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $615,000
  • Assessed Land Value: $186,400
  • Assessed Improvements Value: $428,600

    Sales

  • Current Sale Contract Date: Dec 17, 2013
  • Current Sale Recording Date: Feb 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014014369
  • Previous Sale Recording Date: Sep 22, 1995
  • Previous Sale Contract Date: Sep 15, 1995
  • Previous Sale Amount: $53,617
  • 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 Monmouth

Stats & Trends

Median Asking:

$744,220

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.1 years

Currently For Sale

1813 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

Rentals Near You

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MOMMLS

Listed by: Steven Porzio, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21309647
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 284 Spring Valley Road built and last sold?
The property at 284 Spring Valley Road was built in 1996 and last sold on Dec 17, 2013 for $615,000.
How much is this home worth?
The estimated value of the home located at 284 Spring Valley Road is $681,750.
What are some comparable homes to 284 Spring Valley Road?
There are currently no comparable homes to 284 Spring Valley Road.
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