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Leonardo 07737 Leonardo
34 Highland Avenue
$365,000
● House - Off Market

34 Highland Avenue

Leonardo, NJ 07737
bedrooms
3 Beds
bathrooms
2 Baths
$532,490
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

COMPLETELY REMODELED, JUST UNPACK!!  Comparable to New Construction, this home features a BEAUTIFUL NEW KITCHEN INCLUDING ENERGY EFFICIENT STAINLESS LG APPLIANCE PACKAGE, & GRANITE COUNTERS!  Brand new 2nd level finished into a Master Suite retreat with en suite bath and walk in closets.  Features include brand new HVAC system, plumbing, electric throughout, Hardwood floors new throughout, R-19 rated spray foam insulation throughout entire home on exterior walls, new roof, lighting, all doors, trim and moldings.  Newly finished basement offers plenty of room for additional living space or rec room!  Brand newly built 2 car detached garage offers plenty of extra storage.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1908

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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 #21839150)

Price History

Date / Event Date Event Price
Dec 7, 2018 Sold
Premium
Sold
Oct 4, 2018 Listed by RE/MAX Paradigm Realty Group $350,000
Listed by RE/MAX Paradigm Realty Group
Sep 25, 2017 Sold
Premium
Sold
Aug 5, 2017 Listed by Striker Realty $89,900
Listed by Striker Realty
3 BR, 1 bath ranch with 2 car det garage, open front porch, deck and large attic. There's plenty of potential here so let your imagination flow and put your final touches.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 492
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,521
  • Building Area: 1,521
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,521
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800400

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 30
  • Account Number: Mar 01, 2006
  • District: 32
  • Parcel: 32 00391-0000-00003
  • Block: 391
  • Lot: 3
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4167
  • Longitude: -74.0562

    Address

  • Full Address: 34 Highland Ave
  • Address - House Number: 34
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Leonardo
  • Carrier Code: C004
  • 4-Digit Zip Code: 1658
  • Zip Code: 07737

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $862,222

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 596,622
  • High Value: 713,912
  • Low Value: 479,332

    Market Valuation

  • Market Total Value: $496,100
  • Market Land Value: $225,800
  • Market Improvement Value: $270,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,100
  • Assessed Land Value: $225,800
  • Assessed Improvements Value: $270,300

    Sales

  • Current Sale Contract Date: Dec 05, 2018
  • Current Sale Recording Date: Dec 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018122458
  • Previous Sale Recording Date: Oct 18, 2017
  • Previous Sale Contract Date: Sep 06, 2017
  • Previous Sale Amount: $131,500
  • 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 Leonardo

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$385

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1318 ft²

Average Home Age

88.7 years

Currently For Sale

8 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 1 Central Avenue, Atlantic Highlands, NJ, 07716

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,645 ft²
1 Central Avenue #20, Atlantic Highlands, NJ, 07716 Listing by Renee Astacio
Unit for rent at 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cynda B Kliewe, RE/MAX Paradigm Realty Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21839150
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 34 Highland Avenue built and last sold?
The property at 34 Highland Avenue was built in 1908 and last sold on Dec 5, 2018 for $365,000.
How much is this home worth?
The estimated value of the home located at 34 Highland Avenue is $353,500.
What are some comparable homes to 34 Highland Avenue?
There are currently no comparable homes to 34 Highland Avenue.
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