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Ramtown 07731
32 Deborah Lane
$550,000
● House - Off Market

32 Deborah Lane

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,384 Ft²
$629,328
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

THIS IS THE HOME THAT YOU HAVE BEEN WAITING FOR. METICULOUSLY MAINTAINED FOUR BEDROOM BRICK FRONT CENTER HALL COLONIAL WITH FINISHED BASEMENT LOCATED IN HIGHLY ''SOUGHT AFTER'' FORREST RIDGE. THIS HOME IS DECORATED IN NEUTRAL TONES AND OFFERS A SPACIOUS LAYOUT. NEWLY UPDATED BATHS. AWESOME FINISHED BASEMENT WITH HALF BATH. UPDATED ROOF, FURNACE, CENTRAL AIR AND HOT WATER HEATER. TERRIFIC CURB APPEAL AND LOVELY FENCED IN YARD WITH PATIO. UNDERGROUND SPRINKLER SYSTEM. OVERSIZED DIRECT ENTRY TWO CAR GARAGE. HURRY, THIS HOME WILL NOT LAST LONG IN TODAY'S REAL ESTATE MARKET.
Unit Size
2,384 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$231
Property Type
House
Property Taxes
$872
HOA Dues
-
Year Built
1998

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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 #22115730)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
May 20, 2021 Listed by EXP Realty $549,900
Listed by EXP Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,300
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,384
  • Building Area: 2,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,384
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811501

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 1.08
  • Account Number: 31192200
  • District: 21
  • Parcel: 21 00001- 19-00022
  • Block: 1.19
  • Lot: 22
  • Municipality: HOWELL TWP
  • Latitude: 40.1145
  • Longitude: -74.1379

    Address

  • Full Address: 32 Deborah Ln
  • Address - House Number: 32
  • Address - Street Name: Deborah
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C016
  • 4-Digit Zip Code: 3504
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,087,701

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 786,093
  • High Value: 925,655
  • Low Value: 646,531

    Market Valuation

  • Market Total Value: $585,100
  • Market Land Value: $199,200
  • Market Improvement Value: $385,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,100
  • Assessed Land Value: $199,200
  • Assessed Improvements Value: $385,900

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021134110
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 Ramtown

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$354

Below Asking

0.01%

Average Days on Market

71

Average Home Size

1918 ft²

Average Home Age

38.7 years

Currently For Sale

29 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 41 Carrie Drive, Howell, NJ, 07731

$4,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
41 Carrie Drive, Howell, NJ, 07731 Listing by Sephie Medina

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey Dispenza, EXP Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22115730
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 32 Deborah Lane built and last sold?
The property at 32 Deborah Lane was built in 1998 and last sold on Aug 17, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 32 Deborah Lane is $0.
What are some comparable homes to 32 Deborah Lane?
There are currently no comparable homes to 32 Deborah Lane.
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