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Atlantic Highlands 07716 Atlantic Highlands
48 7th Avenue
$585,000
● House - Off Market

48 7th Avenue

Atlantic Highlands, NJ 07716
bedrooms
7 Beds
bathrooms
4 Baths, 2 Half Baths
$1,016,154
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

New Price!! Sitting majestically high on a hill in historic Atlantic Highlands is this turn of the century Grand Lady! Take a step back in time and you will feel the character of this beautiful Victorian. True to period, the spacious rooms have the original decorative moldings, built in cabinetry, stained glass, big kitchen & beautiful formal dining room this is the perfect home to invite the family to spend the holidays! As you come up the front stairs the stately Lions guarding the wraparound porch welcome all. Step thru the century old front door & into the parlor, the huge formal living room with fireplace is the perfect spot to enjoy music. Just steps to NYC fast ferry! Be in NYC in 45 min! Steps to town shops, movies, restaurants & galleries! Close to Sandy Hook beaches!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,071
HOA Dues
-
Year Built
1904

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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 #21530988)

Price History

Date / Event Date Event Price
May 18, 2016 Sold
Premium
Sold
Aug 8, 2015 Listed by Resources Real Estate $595,000
Listed by Resources Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,120
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,507
  • Total Building Area: 3,256
  • Building Area: 3,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Henry Hudson Regional School District
  • Census Tract: 800200

Zoning

  • Zoning: C125

Geography

  • Assessors Map Reference: TAX MAP 19
  • Account Number: 00908004
  • District: 05
  • Parcel: 05 00077-0000-00002
  • Block: 77
  • Lot: 2
  • Municipality: ATLANTIC HIGHLANDS BORO
  • Latitude: 40.4117
  • Longitude: -74.0344

    Address

  • Full Address: 48 7th Ave
  • Address - House Number: 48
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic Highlands
  • Carrier Code: C008
  • 4-Digit Zip Code: 1318
  • Zip Code: 07716

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,390,654

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,034,506
  • High Value: 1,231,910
  • Low Value: 837,101

    Market Valuation

  • Market Total Value: $814,200
  • Market Land Value: $379,400
  • Market Improvement Value: $434,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,200
  • Assessed Land Value: $379,400
  • Assessed Improvements Value: $434,800

    Sales

  • Current Sale Contract Date: Jul 14, 2000
  • Current Sale Recording Date: Jul 18, 2000
  • Current Sale Price:
    Premium
  • Current 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 Atlantic Highlands

Stats & Trends

Median Asking:

$710,000

Sale Price/ft²

$474

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1519 ft²

Average Home Age

47.9 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: Mary Lynn Hughes, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21530988
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 48 7th Avenue built and last sold?
The property at 48 7th Avenue was built in 1904 and last sold on Jul 14, 2000 for $365,000.
How much is this home worth?
The estimated value of the home located at 48 7th Avenue is $0.
What are some comparable homes to 48 7th Avenue?
There are currently no comparable homes to 48 7th Avenue.
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