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Union Beach 07735
305 Harrison Avenue
$300,000
● House - Off Market

305 Harrison Avenue

Union Beach, NJ 07735
bedrooms
3 Beds
bathrooms
1 Bath
$354,405
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

BACK ON MARKET..BUYER COULD NOT OBTAIN MORTGAGE...owner will consider all offers!!Original owners called this their home for many years. Raised their family here! Lots of  potential in this three bedroom ranch w/ full basement. French drains in part of basement..  Basement is large enough to make home office..family room. Wood floors under carpet on first floor..Kitchen cabinets  refaced and larger counter top added..Lennox central air. .40 gallon hot water heater, Electrical system upgraded 2012 and room for more!.Gutter guards have been installed.. .Ride the Henry Hudson Trail close by.. School system goes from Kindergarten to 8th all in one school. Home sold as is due to original owners but A little updating is all you need to make this your new beginning! FLOOD INS APPROX $572 A YE
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1955

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 #22119044)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Jun 13, 2021 Listed by VRI Homes $314,900
Listed by VRI Homes

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • 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: 3
  • Basement Area: 864
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 934
  • Building Area: 934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 934
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Union Beach Borough School District
  • Census Tract: 801800

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: TAX MAP 17
  • Account Number: 995
  • District: 50
  • Parcel: 50 00120-0000-00018
  • Block: 120
  • Lot: 18
  • Municipality: UNION BEACH BORO
  • Latitude: 40.441
  • Longitude: -74.1815

    Address

  • Full Address: 305 Harrison Ave
  • Address - House Number: 305
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union Beach
  • Carrier Code: C019
  • 4-Digit Zip Code: 2741
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $701,492

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 384,518
  • High Value: 463,226
  • Low Value: 305,810

    Market Valuation

  • Market Total Value: $327,800
  • Market Land Value: $187,800
  • Market Improvement Value: $140,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,800
  • Assessed Land Value: $187,800
  • Assessed Improvements Value: $140,000

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021169151
  • Previous Sale Recording Date: Jan 24, 2019
  • Previous Sale Contract Date: Dec 18, 2018
  • 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 Union Beach

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1632 ft²

Average Home Age

72.7 years

Currently For Sale

35 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 37 Myrtle Avenue, Keyport, NJ, 07735

$3,000 /mo

  • 1 Bed
  • 1 Bath
37 Myrtle Avenue, Keyport, NJ, 07735 Listing by Lawrence Vecchio
Unit for rent at 195 7th Street, Keyport, NJ, 07735

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,104 ft²
195 7th Street, Keyport, NJ, 07735 Listing by Dina Wolfe

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan LoSapio, VRI Homes
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22119044
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 305 Harrison Avenue built and last sold?
The property at 305 Harrison Avenue was built in 1955 and last sold on Oct 28, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 305 Harrison Avenue is $318,049.
What are some comparable homes to 305 Harrison Avenue?
There are currently no comparable homes to 305 Harrison Avenue.
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