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Monmouth 07726
29 Maxwell Lane
$469,000
● House - Off Market

29 Maxwell Lane

Manalapan, NJ 07726
bedrooms
4 Beds
bathrooms
3 Baths
$743,958
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

WELCOME TO MONMOUTH HEIGHTS!A ''Rare Find'' in Monmouth Hts. Remodeled Expanded Jamestown Ranch.4/5 BDRMS, 3 Full Baths w private fenced backyard with separate and beautiful inground pool. Updated Eat in kitchen  with plenty of cabinets @ granite counter tops. Generous size living/dining and family rooms which is perfect for family gatherings, 5th bedroom/rec room. Excellent location for commuters, walk to the bus, school plus easy access to shopping and major highways. Membership to Monmouth Heights Swim club is a bonus.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$764
HOA Dues
$25
Year Built
1968

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: 2 years ago (MOMLS #21733046)

Price History

Date / Event Date Event Price
Nov 13, 2017 Sold
Premium
Sold
Aug 23, 2017 Listed by Coldwell Banker Realty $469,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 550
  • Parking Space Count: 5
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 18,270
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,338
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000419
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 28
  • Parcel: 28 01704-0000-00014
  • Block: 1704
  • Lot: 14
  • Municipality: MANALAPAN TWP
  • Latitude: 40.2976
  • Longitude: -74.2983

    Address

  • Full Address: 29 Maxwell Ln
  • Address - House Number: 29
  • Address - Street Name: Maxwell
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C007
  • 4-Digit Zip Code: 2933
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,040,666

    Appraisal Valuation

  • Standard Deviation: 0.1836
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 752,226
  • High Value: 890,349
  • Low Value: 614,103

    Market Valuation

  • Market Total Value: $625,400
  • Market Land Value: $265,300
  • Market Improvement Value: $360,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,400
  • Assessed Land Value: $265,300
  • Assessed Improvements Value: $360,100

    Sales

  • Current Sale Contract Date: Nov 06, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017116928
  • Previous Sale Recording Date: Apr 19, 1980
  • Previous Sale Contract Date: Apr 19, 1980
  • Previous Sale Amount: $83,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$740,990

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

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MOMMLS

Listed by: Steven Porzio, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21733046
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 29 Maxwell Lane built and last sold?
The property at 29 Maxwell Lane was built in 1968 and last sold on Nov 6, 2017 for $469,000.
How much is this home worth?
The estimated value of the home located at 29 Maxwell Lane is $473,690.
What are some comparable homes to 29 Maxwell Lane?
There are currently no comparable homes to 29 Maxwell Lane.
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