$749,900
●
House -
In Contract
303 Florence Road
Middletown, NJ 07748
5 Beds
3 Baths
2,260 Ft²
$4,546
Est. Monthly
About This Property
Welcome to Middletown! This expanded ranch is filled with charm and
offers the space, location, and backyard you've been waiting for.
Situated on a quiet dead-end street and backing to Green Acres,
this home features 5 bedrooms and 3 full baths, with 4 bedrooms
conveniently located on the main level and a 5th bedroom upstairs.
Hardwood floors most of the 1st floor & under the carpet. Inviting
living room features a fireplace, outside, the large private yard
is made for entertaining with a gorgeous heated in-ground pool, new
pool liner, and Trex deck. Additional updates include a newer roof,
boiler, and water heater plus a whole house generator. Located
close to the high school and ideally situated for commuters with
easy access to the train, ferry, bus station, and Garden State
Parkway. A fantastic opportunity to enjoy space, privacy, and all
that desirable Middletown has to offer!
Unit Size
2,260 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$332
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1953
Listed By
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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: 16 days ago (MOMLS #22626543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$749,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Aug 24, 2026 | Listed by Weichert Realtors-Toms River | $759,900 | |
| Listed by Weichert Realtors-Toms River | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Recessed Lighting, Attic, Attic - Walk Up, Dec Molding
Flooring Type: Carpet, Wood
Door Features: Storm Door(s), Sliding Doors
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 2260
Architectural Style: Expanded Ranch
Year Built: 1953
Building Area Total: 2260
Patio and Porch Features: Porch - Open
Pool Features: Heated, In Ground
Pool is Private
Lot Features: Cul-De-Sac, Wooded, Back to Woods
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Lot Size Dimensions: 68 x 195
Water Source: Public
Financial Details
Tax Assessed Value: $707,100
Tax Annual Amount: $10,365
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Baseboard
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Monmouth
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Listed by: Lori Donnelly, Weichert Realtors-Toms River
Last Updated: 16 days ago
Data Source: MOMMLS, MLS# 22626543
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: 16 days ago
Data Source: MOMMLS, MLS# 22626543
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