Listed by: Frank Abate, [email protected], Keller Williams Prosperity Realty, (973) 696-0077, Listing Courtesy of NJMLS
$720,000
●
House -
Off Market
344 Pompton Avenue
Pompton Lakes, NJ 07442
3 Beds
3 Baths
$4,851
Est. Monthly
3.04%
Cap Rate
About This Property
Wow, what a place to come home to.The view of Pompton Lake is one
of the best offerred in town and offers scenic year round displays
with Sunrises, Sunsets and various aquatic activities and wildlife.
Current owner installed wonderful flooring upgrades in the first
floor. All rooms on 1st floor are impressive in size and offer
quality finishes. Main living space offers panaramic views of lake
and Mountain range with a nice open floorplan and Living room
fireplace visible to Kitchen and Dining areas. 3rd Bedroom is
optional Den area. 1st Floor features approx 2200 Fin Sq ft and
offers an open approx 1000 Sq Patio with Large stone pavers. Full
basement Approx 1600 sq ft has a Full bath, Laundry area , storage
rooms and an open area ready for great addtional finished space.
All interior Photos are from Jan 2022. Some exterior from various
times in past. Property occupied by tenant with Mo to Mo tenancy.
BE SURE NOT to approach to view. Must have confirmed appt to
visit property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,315
HOA Dues
-
Year Built
1950
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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 (NJMLS #23037136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | Price Decreased |
$720,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Mar 22, 2024 | Listed by Keller Williams Prosperity Realty | $739,900 | |
| Listed by Keller Williams Prosperity Realty | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pompton Lakes
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Listed by: Frank Abate
Keller Williams Prosperity Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23037136
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Keller Williams Prosperity Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23037136
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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