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Monmouth 07731
384 Conover Street
$225,000
● House - Off Market

384 Conover Street

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
1 Bath
$465,326
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

A 3 BEDROOM RANCH READY FOR YOUR FINISHING TOUCHES ON A 1.90 ACRE LOT BEING SOLD IN AS IS CONDITION BUYER RESPONSIBLE FOR ALL INSPECTIONS AND CERTIFICATES
Unit Size
-
Days on Market
-
Land Size
1.90 acres
Price per sqft
-
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1960

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: 2 years ago (MOMLS #21405951)

Price History

Date / Event Date Event Price
Sep 20, 2014 Sold
Premium
Sold
Feb 18, 2014 Listed by NJ REO Managment & Realty $250,000
Listed by NJ REO Managment & Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 400
  • Garage Type: 4
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 82,764
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001900
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811200

Zoning

  • Zoning: ARE2

Geography

  • Assessors Map Reference: TAX MAP 7.09
  • Account Number: 052830
  • District: 21
  • Parcel: 21 00129-0000-00098
  • Block: 129
  • Lot: 98
  • Municipality: HOWELL TWP
  • Latitude: 40.1787
  • Longitude: -74.2401

    Address

  • Full Address: 384 Conover St
  • Address - House Number: 384
  • Address - Street Name: Conover
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Howell
  • Carrier Code: C012
  • 4-Digit Zip Code: 1248
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $579,454

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 448,472
  • High Value: 529,037
  • Low Value: 367,907

    Market Valuation

  • Market Total Value: $311,200
  • Market Land Value: $142,600
  • Market Improvement Value: $168,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,200
  • Assessed Land Value: $142,600
  • Assessed Improvements Value: $168,600

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Sep 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014076753
  • Previous Sale Recording Date: Feb 21, 2001
  • Previous Sale Contract Date: Feb 08, 2001
  • Previous Sale Amount: $159,434
  • 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

0.55%

Average Days on Market

63

Average Home Size

1948 ft²

Average Home Age

45.1 years

Currently For Sale

2949 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 3 Longbrook Lane, Freehold, NJ, 07728

$3,800 /mo

  • 3 Beds
  • 2 Baths
3 Longbrook Lane, Freehold, NJ, 07728 Listing by Kaddy Ha
Unit for rent at 44 Mariners Cove, Freehold, NJ, 07728

$3,500 /mo

  • 3 Beds
  • 2 Baths
44 Mariners Cove, Freehold, NJ, 07728 Listing by Darya Tinkov

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ralph Barone, NJ REO Managment & Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21405951
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 384 Conover Street built and last sold?
The property at 384 Conover Street was built in 1960 and last sold on Jun 30, 2014 for $225,000.
How much is this home worth?
The estimated value of the home located at 384 Conover Street is $252,500.
What are some comparable homes to 384 Conover Street?
There are currently no comparable homes to 384 Conover Street.
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