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Lincroft 07738
43 Phalanx Road
$335,000
● House - Off Market

43 Phalanx Road

Middletown, NJ 07738
bedrooms
4 Beds
bathrooms
2 Baths
$554,360
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Great location in Lincroft! Plenty of potential in this 4 bedroom 2 full bath cape located on 150x198 treed lot. Hardwood floors private yard full walk out basement newer Weil McClain furnace & carpet newer Anderson windows & hot water heater. Extremely economical Mitishbushi Slim unit cools/heats entire home for a fraction of cost. Oversized 2 car garage with two new doors -Close to GSP stores & schools.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

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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: 3 years ago (MOMLS #21703583)

Price History

Date / Event Date Event Price
Apr 21, 2017 Sold
Premium
Sold
Jan 29, 2017 Listed by Resources Real Estate $340,000
Listed by Resources Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 777
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: R-30

Geography

  • Assessors Map Reference: TAX MAP 279
  • Account Number: 332
  • District: 32
  • Parcel: 32 01106-0000-00010
  • Block: 1106
  • Lot: 10
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3262
  • Longitude: -74.1238

    Address

  • Full Address: 43 Phalanx Rd
  • Address - House Number: 43
  • Address - Street Name: Phalanx
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C002
  • 4-Digit Zip Code: 1837
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $798,437

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 608,530
  • High Value: 723,819
  • Low Value: 493,240

    Market Valuation

  • Market Total Value: $459,400
  • Market Land Value: $260,900
  • Market Improvement Value: $198,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,400
  • Assessed Land Value: $260,900
  • Assessed Improvements Value: $198,500
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 Lincroft

Stats & Trends

Median Asking:

$999,999

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2921 ft²

Average Home Age

43.9 years

Currently For Sale

10 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: Helen A George, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21703583
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 43 Phalanx Road built and last sold?
The property at 43 Phalanx Road was built in 1947 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 43 Phalanx Road is $343,400.
What are some comparable homes to 43 Phalanx Road?
There are currently no comparable homes to 43 Phalanx Road.
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