$950,000
●
House -
Off Market
3 Emerald Drive
Morganville, NJ 07751
7 Beds
3 Baths,
1
Half Bath
4,095 Ft²
$6,290
Est. Monthly
4.21%
Cap Rate
About This Property
UNPRECEDENTED OPPORTUNITY TO DEFEAT MORTGAGE RATES! TAKE ADVANTAGE
OF SELLERS COVERING BUYER'S MORTGAGE RATE BUYDOWN FOR THE FIRST TWO
YEARS! THIS UNIQUE OPTION PROVIDES LOWER RATE AND LOWER MONTHLY
PAYMENTS AT NO COST TO THE BUYERS! SELLERS PROVIDE THE SAVING!
Beautifully updated, 7 bedroom house with over 4000 sq ft between
two living floors and and 3.5 bathrooms in highly desirable
Morganville section of Marlboro, minutes away from major highways
for an easy commute. Unique floor plan allows for multigenerational
living setup with a large on-suite bedroom on the first floor.
Kitchen with wood cabinetry, SS appliances and granite countertop.
2 Woodburning fireplaces. Spacious Master suite with
renovated bathroom. Total of 6 bedrooms upstairs. Full size
basement. New pavers, fresh landscaping and multilevel deck in a
fully fenced-in backyard on almost an acre of a property.
Upgrades include Roof (2021), Hot Water heater(2022), new fence, multizone furnace, freshly finished hardwood floors and new carpet in bedrooms upstairs, newer washer and dryer, newer pool heater, new alarm system, new sprinkler system
Upgrades include Roof (2021), Hot Water heater(2022), new fence, multizone furnace, freshly finished hardwood floors and new carpet in bedrooms upstairs, newer washer and dryer, newer pool heater, new alarm system, new sprinkler system
Unit Size
4,095 Ft²
Days on Market
71 days
Land Size
0.81 acres
Price per sqft
$244
Property Type
House
Property Taxes
$1,384
HOA Dues
-
Year Built
1980
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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: 11 months ago (MOMLS #22527623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Realty One Group Central | $999,000 | |
| Listed by Realty One Group Central | |||
| Jul 4, 2025 | Price Decreased |
$999,000
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Jun 17, 2025 | Listed | $1,100,000 | |
| Listed | |||
| | |||
|
Rare opportunity to own a house with an indoor pool to use it year-round! Rain or snow, you will always have your own oasis! Beautifully updated, 7 bedroom home with over 4000 sq ft between two floors and 3.5 bathrooms in highly desirable Morganville section of Marlboro, minutes away from major highways for easy commute. Unique floor plan allows for multigenerational living setup with a large on-suite bedroom on the first floor. Kitchen with wood cabinetry, SS appliances and granite countertop. 2 Woodburning fireplaces. Spacious Master suite with renovated bathroom. Total of 6 bedrooms upstairs. Full size basement. New pavers, fresh landscaping and multilevel deck in a fully fenced-in backyard on almost an acre of a property. Upgrades include Roof (2021), Hot Water heater(2022), new fence, multizone furnace, freshly finished hardwood floors and new carpet in bedrooms upstairs, newer washer and dryer, newer pool heater, new alarm system, new sprinkler system
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Robertsville
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Listed by: Viktoria Adamov, Realty One Group Central
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22527623
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.
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22527623
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