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Glen Rock 07452
48 Iris Cir
$807,000
● House - Off Market

48 Iris Cir

Glen Rock Boro, NJ 07452
bedrooms
3 Beds
bathrooms
3 Baths
$4,186
Est. Monthly
$360
HOA / Fees
4.07%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$360
Year Built
1988

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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 (GSMLS #3914605)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Premium
Sold
Aug 3, 2024 In contract -
In contract

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 1,138
  • Total Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000026
  • Standard Land Use Code: 1004
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: UNIT A : BLDG. 3

Neighborhood

  • School District Name: Glen Rock Borough School District
  • Census Tract: 022200

Zoning

  • Zoning: A-2

Geography

  • District: 22
  • Parcel: 22 00178-0000-00014-0000-C48WA
  • Block: 178
  • Lot: 14
  • Municipality: GLEN ROCK BORO
  • Latitude: 40.9507
  • Longitude: -74.1349

    Address

  • Full Address: 48 Iris Cir
  • Address - House Number: 48
  • Address - Street Name: Iris
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Glen Rock
  • Carrier Code: C058
  • 4-Digit Zip Code: 3431
  • Zip Code: 07452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,418,801

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 697,486
  • High Value: 827,108
  • Low Value: 567,865

    Market Valuation

  • Market Total Value: $460,500
  • Market Land Value: $215,000
  • Market Improvement Value: $245,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,500
  • Assessed Land Value: $215,000
  • Assessed Improvements Value: $245,500

    Sales

  • Current Sale Contract Date: Mar 16, 1998
  • Current Sale Recording Date: Mar 25, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 041654
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 Glen Rock

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$415

Above Asking

0.00%

Average Days on Market

54

Average Home Size

87 ft²

Average Home Age

-

Currently For Sale

46 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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GSMLS

Last Updated: 3 years ago
Data Source: GSMLS, MLS# 3914605
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. 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 Iris Circle West built and last sold?
The property at 48 Iris Circle West was built in 1988 and last sold on Mar 16, 1998 for $260,000.
How much is this home worth?
The estimated value of the home located at 48 Iris Circle West is $786,790.
What are some comparable homes to 48 Iris Circle West?
There are currently no comparable homes to 48 Iris Circle West.
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