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North Middletown 07748 North Middletown
47 Pacific Avenue
$275,000
● House - Off Market

47 Pacific Avenue

North Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
2 Baths
$424,171
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Beautifully redone corner lot Cape with  so much to offer it's new owner(s) This home is completely move-in ready!  From moment you step up to the open front porch until you are on the spacious back deck, you will feel at home! This 4 bedroom comes with a full stainless steel appliance package, neutral flooring, open concept and gorgeous bathrooms, plus an upstairs laundry with washer and dryer in place! This gem is only moments from all NY transportation, GSP, Belford Fast Ferry, shopping, restaurants and all the Jersey Shore has to offer!! Put this on your must see list and be home for the Holidays!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1943

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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 #21938593)

Price History

Date / Event Date Event Price
Dec 20, 2019 Sold
Premium
Sold
Sep 19, 2019 Listed by Gloria Nilson & Co. Real Estate $289,999
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,564
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800601

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 3
  • Account Number: Mar 01, 2005
  • District: 32
  • Parcel: 32 00072-0000-00011
  • Block: 72
  • Lot: 11
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4406
  • Longitude: -74.1188

    Address

  • Full Address: 47 Pacific Ave
  • Address - House Number: 47
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: North Middletown
  • Carrier Code: C007
  • 4-Digit Zip Code: 5755
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $606,562
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 425,681
  • High Value: 509,976
  • Low Value: 341,385

    Market Valuation

  • Market Total Value: $349,000
  • Market Land Value: $166,900
  • Market Improvement Value: $182,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,000
  • Assessed Land Value: $166,900
  • Assessed Improvements Value: $182,100

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2020130819
  • Previous Sale Recording Date: Jan 07, 2020
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $283,000
  • 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 North Middletown

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$345

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1304 ft²

Average Home Age

46.9 years

Currently For Sale

9 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 35 Alberta Avenue, North Middletown, NJ, 07748

$5,000 /mo

  • 4 Beds
  • 2 Baths
35 Alberta Avenue, North Middletown, NJ, 07748 Listing by Edwin Oels
Unit for rent at 450 Beachway Avenue, Keansburg, NJ, 07734

$4,500 /mo

  • 3 Beds
  • 3 Baths
450 Beachway Avenue, Keansburg, NJ, 07734 Listing by Moataz Ghounem

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Carissa Marshall, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21938593
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 47 Pacific Avenue built and last sold?
The property at 47 Pacific Avenue was built in 1943 and last sold on Oct 15, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 47 Pacific Avenue is $292,899.
What are some comparable homes to 47 Pacific Avenue?
There are currently no comparable homes to 47 Pacific Avenue.
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