$600,000
●
House -
Off Market
5 MEADOWBROOK DRIVE
SHAMONG, NJ 08088
4 Beds
2 Baths,
1
Half Bath
2,601 Ft²
$2,947
Est. Monthly
About This Property
Welcome to the desirable neighborhood of Shadow Lake in Shamong! A
beautiful lake community tucked away and with plenty of character,
you'll feel a sense of peace and serenity when you drive through,
with private lake access minutes away. This 4-Bedroom 2.5-Bath
2600+ sq. ft. home has plenty to offer! From hardwood flooring to a
spacious layout, it just keeps going and going. The Kitchen is
substantial with a large eat-in and an abundance of cabinet space.
There is a fully finished basement and a 2-car garage and with
ample parking in the driveway as well as the street, your guests
won't struggle there. The lot is of great size, both front and
back, with plenty of privacy on all four sides. ***Professional
photos and more detail coming soon***
Unit Size
2,601 Ft²
Days on Market
59 days
Land Size
0.69 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984
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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 (Bright MLS #NJBL2084402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Price Decreased |
$600,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by EXP Realty, LLC | $630,000 | |
| Listed by EXP Realty, LLC | |||
| Apr 4, 2025 | Listed by Real Broker, LLC | $630,000 | |
| Listed by Real Broker, LLC | |||
| | |||
|
Welcome to the desirable neighborhood of Shadow Lake in Shamong! A beautiful lake community tucked away and with plenty of character, you'll feel a sense of peace and serenity when you drive through, with private lake access minutes away. This 4-Bedroom 2.5-Bath 2600+ sq. ft. home has plenty to offer! From hardwood flooring to a spacious layout, it just keeps going and going. The Kitchen is substantial with a large eat-in and an abundance of cabinet space. There is a fully finished basement and a 2-car garage and with ample parking in the driveway as well as the street, your guests won't struggle there. The lot is of great size, both front and back, with plenty of privacy on all four sides. ***Professional photos and more detail coming soon***
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Burlington
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Listed by: Amanda Beth Fredericks
EXP Realty, LLC
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2084402
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
EXP Realty, LLC
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJBL2084402
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