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Monmouth 07727
301 Fairfield Road
$365,000
● House - Off Market

301 Fairfield Road

Howell, NJ 07728
bedrooms
3 Beds
bathrooms
2 Baths
$632,921
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Desirable ranch home on one acre. Wood burning fireplace and wood floors throughout. Large eat-in kitchen.  Custom Euro multi-position windows. Basement has high ceilings ready to finish. Deck with an inground pool and fenced in back yard.  Over sized circular driveway. Home has above ground oil heat but there are gas lines in the street and can be easily converted to gas. Water lines are in the street also if you want to convert to city water. Come and make this home your own! Property has a Freehold mailing address but is in Howell, NJ and taxes are paid to Howell Township.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1975

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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 #21604785)

Price History

Date / Event Date Event Price
Sep 19, 2016 Sold
Premium
Sold
Feb 10, 2016 Listed by Veltri & Associates, Realtors $374,900
Listed by Veltri & Associates, Realtors

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,350
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811102

Zoning

  • Zoning: ARE2

Geography

  • Assessors Map Reference: TAX MAP 8.15
  • Account Number: 069302
  • District: 21
  • Parcel: 21 00178- 06-00001- 02
  • Block: 178.06
  • Lot: 1.02
  • Municipality: HOWELL TWP
  • Latitude: 40.2159
  • Longitude: -74.2181

    Address

  • Full Address: 301 Fairfield Rd
  • Address - House Number: 301
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R011
  • 4-Digit Zip Code: 7827
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $811,682

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 668,454
  • High Value: 797,178
  • Low Value: 539,731

    Market Valuation

  • Market Total Value: $443,300
  • Market Land Value: $160,500
  • Market Improvement Value: $282,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,300
  • Assessed Land Value: $160,500
  • Assessed Improvements Value: $282,800

    Sales

  • Current Sale Contract Date: Oct 29, 2004
  • Current Sale Recording Date: Nov 17, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 30, 1995
  • Previous Sale Contract Date: May 23, 1995
  • Previous Sale Amount: $184,000
  • 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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1993 ft²

Average Home Age

45.2 years

Currently For Sale

1809 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 982 Nj-33, Freehold, NJ, 07728

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,882 ft²
982 Nj-33, Freehold, NJ, 07728 Listing by Susan Berbrick

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lou Ann Mopsick, Veltri & Associates, Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21604785
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 301 Fairfield Road built and last sold?
The property at 301 Fairfield Road was built in 1975 and last sold on Oct 29, 2004 for $407,000.
How much is this home worth?
The estimated value of the home located at 301 Fairfield Road is $0.
What are some comparable homes to 301 Fairfield Road?
There are currently no comparable homes to 301 Fairfield Road.
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