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Monmouth
345 Middle Road
$455,000
● House - Off Market

345 Middle Road

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
2 Baths
$472,689
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Move right in and just un-pack!!! This beautiful corner lot 4 bedroom 2 bath Cape Cod offers numerous updates, including an open and airy floor plan, new kitchen and full stainless steel appliance package, new doors, light fixtures, beautifully redone baths, original hw floors have been refinished, fantastic moldings, partially finished basement with new flooring and windows in basement are also being replaced(on back order), newer a/c, furnace and hwh, and so much more!! This home must be seen to be appreciated!! 345 Middle Rd also has a carport which could easily become a garage, screened in outdoor area, or whatever the new owner would like! Location is key!! You will be moments from Hazlet train station, pool club and park, bus station, Hwy 36 and 35, GSP and the Jersey shore!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1959

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: 3 years ago (MOMLS #22127596)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Berkshire Hathaway HomeServices Fox & Roach - Red Bank $419,999
Listed by Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 864
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,486
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,649
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: THE CAPE MODEL

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802100

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 020297
  • District: 18
  • Parcel: 18 00119-0000-00017
  • Block: 119
  • Lot: 17
  • Municipality: HAZLET TWP
  • Latitude: 40.4257
  • Longitude: -74.1617

    Address

  • Full Address: 345 Middle Rd
  • Address - House Number: 345
  • Address - Street Name: Middle
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C008
  • 4-Digit Zip Code: 2339
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $881,299

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 513,332
  • High Value: 609,559
  • Low Value: 417,105

    Market Valuation

  • Market Total Value: $412,400
  • Market Land Value: $238,200
  • Market Improvement Value: $174,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,400
  • Assessed Land Value: $238,200
  • Assessed Improvements Value: $174,200

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021148319
  • Previous Sale Recording Date: Jun 17, 2021
  • Previous Sale Contract Date: May 24, 2021
  • Previous Sale Amount: $255,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1949 ft²

Average Home Age

45.1 years

Currently For Sale

2738 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 19 Gregory Street, Hazlet, NJ, 07730

$4,250 /mo

  • 4 Beds
  • 2 Baths
19 Gregory Street, Hazlet, NJ, 07730 Listing by DEBORAH F. RATCLIFF
Unit for rent at 118 Beachway Avenue, Keansburg Boro, 07734-1271

$3,995 /mo

  • 4 Beds
  • 2 Baths
118 Beachway Avenue, Keansburg Boro, 07734-1271 Listing by PATRICK CREAN

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna L Markowitz, Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22127596
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 345 Middle Road built and last sold?
The property at 345 Middle Road was built in 1959 and last sold on Sep 30, 2021 for $455,000.
How much is this home worth?
The estimated value of the home located at 345 Middle Road is $0.
What are some comparable homes to 345 Middle Road?
There are currently no comparable homes to 345 Middle Road.
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