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Highlands 07732 Highlands
39 Shore Drive
$560,000
● House - Off Market

39 Shore Drive

Highlands, NJ 07732
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,760 Ft²
$596,650
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Beautiful Shore Colonial with brand new Kitchen  Stainless Steel appliances, and quartz counter tops with 2 pantry's ,just waiting for its new owner to use.

Custom built in 2002 features include direct entry garage into kitchen ,open floor plan on first level with sliding glass doors to beautiful patio with pavers and fire pit .Second level features 4 bedrooms Master Bedroom with bath an guest hall bath. Freshly painted ,new carpets ,washer /dryer on second floor ,nothing to do but unpack and enjoy your new home and Historic Highlands. Perfect town for boater ,hikers, beach lovers, and easy commuting to NYC by Ferry. Minutes to Sandy Hook Beach, Hartshorne Woods, Farmers market ,and fine dining. Bus to NYC minutes away too.Being Sold in AS IS Condition.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
-
Price per sqft
$329
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
2002

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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 #22228561)

Price History

Date / Event Date Event Price
Mar 13, 2023 Sold
Premium
Sold
Sep 9, 2022 Listed by Heritage House Sotheby's International Realty $579,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 15.01

Neighborhood

  • School District Name: Highlands Borough School District
  • Census Tract: 800101

Geography

  • Account Number: 50000670
  • District: 19
  • Parcel: 19 00040-0000-00015- 02
  • Block: 40
  • Lot: 15.02
  • Municipality: HIGHLANDS BORO
  • Latitude: 40.4001
  • Longitude: -73.9868

    Address

  • Full Address: 39 Shore Dr
  • Address - House Number: 39
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Highlands
  • Carrier Code: C003
  • 4-Digit Zip Code: 1757
  • Zip Code: 07732

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $851,146

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 592,729
  • High Value: 712,657
  • Low Value: 472,801

    Market Valuation

  • Market Total Value: $424,300
  • Market Land Value: $220,000
  • Market Improvement Value: $204,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,300
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $204,300

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 18176
  • Previous Sale Recording Date: Sep 24, 2002
  • Previous Sale Contract Date: Jul 25, 2002
  • Previous Sale Amount: $225,000
  • 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 Highlands

Stats & Trends

Median Asking:

$644,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1079 ft²

Average Home Age

67.6 years

Currently For Sale

28 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 2 Via Ripa Way, Sea Bright, NJ, 07760

$4,200 /mo

  • 3 Beds
  • 2 Baths
2 Via Ripa Way #1, Sea Bright, NJ, 07760 Listing by Lisa Paster

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Helen Mary Maresca, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22228561
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 Shore Drive built and last sold?
The property at 39 Shore Drive was built in 2002 and last sold on Mar 13, 2023 for $560,000.
How much is this home worth?
The estimated value of the home located at 39 Shore Drive is $592,458.
What are some comparable homes to 39 Shore Drive?
There are currently no comparable homes to 39 Shore Drive.
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