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Cliffwood Beach 07735
37 Wayside Drive
$440,000
● House - Off Market

37 Wayside Drive

Keyport, NJ 07735
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,768 Ft²
$470,085
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

This adorable 4 bedroom/3 bathroom home is laid out to give you that beach house feeling. With its two entrance ways, you can access the country-style kitchen with wood cabinets, granite countertops, modern appliances and dinette area. You can also enter through the living room/dining room area with hardwood floors leading you through to bedroom #1 or just go right up the stairs where you will see hardwood floors that continue in the hallway where you will find 3 spacious bedrooms and a full bathroom. The main bedroom has a large walk-in closet, ensuite bathroom with jacuzzi tub, double sinks making getting ready so much easier. There is also a walk-out basement giving you a direct entrance into the fenced in well-maintained yard! Beach, Train to NYC and plenty of shopping and restaurants.
Unit Size
1,768 Ft²
Days on Market
-
Land Size
-
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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 #22232024)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Oct 13, 2022 Listed by RE/MAX Central $449,900
Listed by RE/MAX Central

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 2
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 7,705
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802500

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 94
  • District: 01
  • Parcel: 01 00347-0000-00051
  • Block: 347
  • Lot: 51
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4464
  • Longitude: -74.2147

    Address

  • Full Address: 37 Wayside Dr
  • Address - House Number: 37
  • Address - Street Name: Wayside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C013
  • 4-Digit Zip Code: 5312
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $803,244

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 489,748
  • High Value: 587,932
  • Low Value: 391,564

    Market Valuation

  • Market Total Value: $370,500
  • Market Land Value: $166,500
  • Market Improvement Value: $204,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,500
  • Assessed Land Value: $166,500
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16935
  • Previous Sale Recording Date: Apr 25, 2002
  • Previous Sale Contract Date: Mar 28, 2002
  • Previous Sale Amount: $151,005
  • 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 Cliffwood Beach

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$378

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1159 ft²

Average Home Age

72.3 years

Currently For Sale

23 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 333 First Street, Keyport, NJ, 07735

$3,800 /mo

  • 3 Beds
  • 2 Baths
333 First Street #8, Keyport, NJ, 07735 Listing by Christopher Walsh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Giovanni Randazzo, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22232024
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 Wayside Drive built and last sold?
The property at 37 Wayside Drive was built in 1950 and last sold on Feb 21, 2023 for $440,000.
How much is this home worth?
The estimated value of the home located at 37 Wayside Drive is $463,314.
What are some comparable homes to 37 Wayside Drive?
There are currently no comparable homes to 37 Wayside Drive.
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