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Monmouth
37 Hemlock Street
$270,000
● House - Off Market

37 Hemlock Street

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$418,713
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Spacious home situated on a corner lot and just waiting for its finishing touches.  Home includes a large living room/dining room combo to go along with 2 separate den style rooms.  Upstairs has 4 large bedrooms.  This home is truly a diamond in the rough and even has a nice fenced in yard that will be great for entertaining once its cared for.  Close to highways and shopping and great for commuters
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$714
HOA Dues
-
Year Built
1963

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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 #21805700)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Feb 15, 2018 Listed by Striker Realty $275,000
Listed by Striker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 276
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,998
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,895
  • Building Area: 2,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,895
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: THE LAWRENCE MODEL

Neighborhood

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

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 49
  • Account Number: 011908
  • District: 18
  • Parcel: 18 00071-0000-00013
  • Block: 71
  • Lot: 13
  • Municipality: HAZLET TWP
  • Latitude: 40.4362
  • Longitude: -74.1692

    Address

  • Full Address: 37 Hemlock St
  • Address - House Number: 37
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C005
  • 4-Digit Zip Code: 2183
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,160,177

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 755,882
  • High Value: 896,802
  • Low Value: 614,961

    Market Valuation

  • Market Total Value: $542,900
  • Market Land Value: $265,500
  • Market Improvement Value: $277,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $542,900
  • Assessed Land Value: $265,500
  • Assessed Improvements Value: $277,400

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018114617
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Contract Date: May 07, 2018
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 68
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:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.4 years

Currently For Sale

1811 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 450 Beachway Avenue, Keansburg, NJ, 07734

$4,600 /mo

  • 3 Beds
  • 3 Baths
450 Beachway Avenue, Keansburg, NJ, 07734 Listing by Moataz Ghounem

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ellen Silver, Striker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21805700
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 37 Hemlock Street built and last sold?
The property at 37 Hemlock Street was built in 1963 and last sold on Nov 16, 2018 for $562,500.
How much is this home worth?
The estimated value of the home located at 37 Hemlock Street is $277,750.
What are some comparable homes to 37 Hemlock Street?
There are currently no comparable homes to 37 Hemlock Street.
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