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Roosevelt 08555
42 Tamara Drive
$650,000
● House - Off Market

42 Tamara Drive

Roosevelt, NJ 08555
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,840 Ft²
$4,118
Est. Monthly
5.48%
Cap Rate

About This Property

This inviting recently renovated home offers 4 Bedrooms , 2 amazing Full Baths and in-ground pool on half acre private property  perfectly situated  near Millstone, NJ. The heart of the home boasts a large foyer,elegant  Living room, Dining room with a cozy fireplace. Totally remodeled Kitchen with granite counters Tumbled Marble Backsplash, plenty of cabinets with light inside and under, recessed lights, has Breakfast area with sliding door to yard. Gorgeous  primary Bedroom on ground level with Mahogany wooden floor. Full outstanding modern Bath.  Second level has high ceiling  with balcony, that could be great  Master Bedroom suite. Full modern Bathroom upstairs with yard view.
Unit Size
2,840 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$246
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1960

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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 #22425218)

Price History

Date / Event Date Event Price
Feb 10, 2025 Sold
Premium
Sold
Sep 16, 2024 In contract -
In contract
Aug 30, 2024 Listed by RE/MAX Central $699,000
Listed by RE/MAX Central

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,840
  • Building Area: 2,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Roosevelt Borough School District
  • Census Tract: 812502

Zoning

  • Zoning: SF40

Geography

  • Account Number: 00058508
  • District: 40
  • Parcel: 40 00003-0000-00042
  • Block: 3
  • Lot: 42
  • Municipality: ROOSEVELT BORO
  • Latitude: 40.2146
  • Longitude: -74.477

    Address

  • Full Address: 42 Tamara Dr
  • Address - House Number: 42
  • Address - Street Name: Tamara
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Roosevelt
  • Carrier Code: R777
  • 4-Digit Zip Code: 7015
  • Zip Code: 08555

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,118,340

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 759,261
  • High Value: 824,210
  • Low Value: 694,311

    Market Valuation

  • Market Total Value: $392,400
  • Market Land Value: $150,000
  • Market Improvement Value: $242,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,400
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $242,400
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 Roosevelt

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$304

Below Asking

0.02%

Average Days on Market

84

Average Home Size

1722 ft²

Average Home Age

72 years

Currently For Sale

3 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

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MOMMLS

Listed by: Beata Pruszkowski, RE/MAX Central
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22425218
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 42 Tamara Drive built and last sold?
The property at 42 Tamara Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Tamara Drive is $709,041.
What are some comparable homes to 42 Tamara Drive?
There are currently no comparable homes to 42 Tamara Drive.
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