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Monmouth 07731
443 Shady Lane
$380,000
● House - Off Market

443 Shady Lane

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,030 Ft²
$2,349
Est. Monthly
9.84%
Cap Rate

About This Property

Add your loving touch to this charming 3 bedroom, one bath Cape nestled on a nicely sized lot, featuring a fully fenced yard perfect for privacy and outdoor enjoyment. Includes multiple sheds for added storage, making it ideal for tools, equipment, or toys. A comfortable and practical home with plenty of outdoor space.
Unit Size
1,030 Ft²
Days on Market
58 days
Land Size
0.22 acres
Price per sqft
$369
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1954

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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 #22515966)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Premium
Sold
Jun 19, 2025 In contract -
In contract
May 30, 2025 Listed by Realty One Group Emerge $379,900
Listed by Realty One Group Emerge

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811304

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.34
  • Account Number: 038940
  • District: 21
  • Parcel: 21 00079-0000-00015
  • Block: 79
  • Lot: 15
  • Municipality: HOWELL TWP
  • Latitude: 40.1451
  • Longitude: -74.2314

    Address

  • Full Address: 443 Shady Ln
  • Address - House Number: 443
  • Address - Street Name: Shady
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Howell
  • Carrier Code: C010
  • 4-Digit Zip Code: 1918
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,605

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 410,861
  • High Value: 483,805
  • Low Value: 337,917

    Market Valuation

  • Market Total Value: $305,000
  • Market Land Value: $211,800
  • Market Improvement Value: $93,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,000
  • Assessed Land Value: $211,800
  • Assessed Improvements Value: $93,200

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 03, 2007
  • Current Sale Recording Date: Apr 19, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2007055034
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:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1839 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 12 Cindy Court, NJ, 07731

$4,000 /mo

  • 2 Beds
  • 2 Baths
12 Cindy Court, NJ, 07731 Listing by Christine Lundberg

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Bianchi, Realty One Group Emerge
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22515966
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 443 Shady Lane built and last sold?
The property at 443 Shady Lane was built in 1954 and last sold on Apr 3, 2007 for $374,000.
How much is this home worth?
The estimated value of the home located at 443 Shady Lane is $385,395.
What are some comparable homes to 443 Shady Lane?
There are currently no comparable homes to 443 Shady Lane.
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