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Freehold 07728
48 Broadway Avenue
$623,000
● House - Off Market

48 Broadway Avenue

Lakewood, NJ 07728
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$876,797
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Payment Calculator

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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 #21828497)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Jul 17, 2018 Listed by Imperial Real Estate Agency $599,000
Listed by Imperial Real Estate Agency

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 884
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Regional School District
  • Census Tract: 810700

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 16
  • Parcel: 16 00048-0000-00015
  • Block: 48
  • Lot: 15
  • Municipality: FREEHOLD BORO
  • Latitude: 40.2651
  • Longitude: -74.2689

    Address

  • Full Address: 48 Broadway
  • Address - House Number: 48
  • Address - Street Name: Broadway
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C041
  • 4-Digit Zip Code: 1878
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,745

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 428,356
  • High Value: 504,406
  • Low Value: 352,307

    Market Valuation

  • Market Total Value: $368,500
  • Market Land Value: $196,200
  • Market Improvement Value: $172,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,500
  • Assessed Land Value: $196,200
  • Assessed Improvements Value: $172,300

    Sales

  • Current Sale Contract Date: Apr 17, 2000
  • Current Sale Recording Date: Apr 25, 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 Freehold

Stats & Trends

Median Asking:

$499,945

Sale Price/ft²

$357

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1150 ft²

Average Home Age

81.5 years

Currently For Sale

27 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

Rentals Near You

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MOMMLS

Listed by: Asher Brodt, Imperial Real Estate Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21828497
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 Broadway built and last sold?
The property at 48 Broadway was built in 1930 and last sold on Apr 17, 2000 for $165,000.
How much is this home worth?
The estimated value of the home located at 48 Broadway is $0.
What are some comparable homes to 48 Broadway?
There are currently no comparable homes to 48 Broadway.
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