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Monmouth
39 Mulberry Lane
$785,000
● House - Off Market

39 Mulberry Lane

Colts Neck, NJ 07722
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,282 Ft²
$862,014
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

GREAT COLONIAL IN DESIRABLE COLTS NECK WITH BRICK FRONT, LANDSCAPING, LARGE YARD WITH RAISED CONCRETE PATIO, 2 CAR GARAGE, LARGE BASEMENT & LOCATED ACROSS FROM PRESERVE LAND! 1ST FLOOR FEATURES 2 STORY FOYER WITH DOUBLE DOOR ENTRY & WINDING WOOD STAIRCASE, LARGE LIVING ROOM, FORMAL DINING ROOM, SPACIOUS FAMILY ROOM WITH WOODBURNING FIREPLACE, LARGE KITCHEN WITH WOOD CABINETS, STAINLESS STEEL APPLIANCES & BREAKFAST AREA WITH DOOR TO YARD, HALF BATHROOM, & LARGE LAUNDRY ROOM, 2ND FL OFFERS MASTER SUITE WITH WALK-IN CLOSET & LARGE MASTER BATHROOM, 3 ADDITIONAL BEDROOMS, REDON BATHROOM & LOFT AREA! PLUS HARDWOOD FLOORS, ALARM, ELECTRIC FENCE, FURNACE & A/C-2 YEARS OLD, HWH-3 YEARS OLD, IN GREAT LOCATION & MORE!
Unit Size
3,282 Ft²
Days on Market
73 days
Land Size
1.07 acres
Price per sqft
$251
Property Type
House
Property Taxes
$1,114
HOA Dues
-
Year Built
1978

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 10 months ago (MOMLS #22237306)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Dec 12, 2022 Listed by C21/ Mack Morris Iris Lurie $825,000
Listed by C21/ Mack Morris Iris Lurie

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,488
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 46,174
  • Total Building Area: 3,282
  • Building Area: 3,282
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001060
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809901

Zoning

  • Zoning: A-2

Geography

  • District: 10
  • Parcel: 10 00007- 20-00009
  • Block: 7.20
  • Lot: 9
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.3224
  • Longitude: -74.2013

    Address

  • Full Address: 39 Mulberry Ln
  • Address - House Number: 39
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R081
  • 4-Digit Zip Code: 1158
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431,676

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,183,448
  • High Value: 1,393,556
  • Low Value: 973,340

    Market Valuation

  • Market Total Value: $920,100
  • Market Land Value: $412,700
  • Market Improvement Value: $507,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,100
  • Assessed Land Value: $412,700
  • Assessed Improvements Value: $507,400

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 14451

    Financing

  • First Mortgage Financing Type: ADJ
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

2017 ft²

Average Home Age

45.1 years

Currently For Sale

1813 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 419 Nj-34, Colts Neck, NJ, 07722

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,033 ft²
419 Nj-34, Colts Neck, NJ, 07722 Listing by Nancy Loureiro

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Laurin LaLima, C21/ Mack Morris Iris Lurie
Last Updated: 10 months ago
Data Source: MOMMLS, MLS# 22237306
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 39 Mulberry Lane built and last sold?
The property at 39 Mulberry Lane was built in 1978 and last sold on Feb 28, 2023 for $785,000.
How much is this home worth?
The estimated value of the home located at 39 Mulberry Lane is $0.
What are some comparable homes to 39 Mulberry Lane?
There are currently no comparable homes to 39 Mulberry Lane.
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