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Strathmore 07747
40 Brookview Lane
$636,000
● House - Off Market

40 Brookview Lane

Aberdeen, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,113 Ft²
$600,906
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This charming and updated 4 bedroom colonial w/family room addition shines like a new diamond! Curb appeal is so nice, new front door accents the home beautifully. Updated custom white kitchen w/upgraded appliances & countertops,you won't want to leave the room! The family room opens from kitchen so the flow of living space is exceptionally good.Home also features updated baths, roof,central air, furnace, windows, paver patio, new white vinyl fencing, siding and flooring. Location is great for commuters, minutes to NYC bus on Rt 34. The Strathmore community is a wonderful development, great schools and close to everything. You will love this one.
Unit Size
2,113 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$284
Property Type
House
Property Taxes
$919
HOA Dues
-
Year Built
1961

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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 #22301350)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Jan 16, 2023 Listed by Coldwell Banker Realty $599,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 1
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,113
  • Building Area: 2,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,113
  • 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: 802700

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 01
  • Parcel: 01 00037-0000-00010
  • Block: 37
  • Lot: 10
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4056
  • Longitude: -74.2303

    Address

  • Full Address: 40 Brookview Ln
  • Address - House Number: 40
  • Address - Street Name: Brookview
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C026
  • 4-Digit Zip Code: 2337
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,136,023

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 655,105
  • High Value: 776,149
  • Low Value: 534,061

    Market Valuation

  • Market Total Value: $531,100
  • Market Land Value: $311,200
  • Market Improvement Value: $219,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $531,100
  • Assessed Land Value: $311,200
  • Assessed Improvements Value: $219,900

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 40449
  • Previous Sale Recording Date: Sep 10, 1997
  • Previous Sale Contract Date: Aug 26, 1997
  • Previous Sale Amount: $176,000
  • 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 Strathmore

Stats & Trends

Median Asking:

$672,000

Sale Price/ft²

$359

Above Asking

0.00%

Average Days on Market

58

Average Home Size

1828 ft²

Average Home Age

50.8 years

Currently For Sale

17 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 156 W Front Street, Keyport, NJ, 07735

$4,500 /mo

  • 3 Beds
  • 3 Baths
156 W Front Street #9, Keyport, NJ, 07735 Listing by David Sweeney
Unit for rent at 32 Idlewild Lane, Aberdeen, NJ, 07747

$4,000 /mo

  • 3 Beds
  • 2 Baths
32 Idlewild Lane, Aberdeen, NJ, 07747 Listing by Amanda Koehler

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Bruno, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22301350
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 40 Brookview Lane built and last sold?
The property at 40 Brookview Lane was built in 1961 and last sold on May 26, 2023 for $636,000.
How much is this home worth?
The estimated value of the home located at 40 Brookview Lane is $617,425.
What are some comparable homes to 40 Brookview Lane?
There are currently no comparable homes to 40 Brookview Lane.
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