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Monmouth 07748
5 Truex Place
$356,000
● House - Off Market

5 Truex Place

Middletown, NJ 07748
bedrooms
3 Beds
bathrooms
2 Baths
$607,273
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Spacious Split Level home located on a large lot w/fenced in inground pool. Gleaming Hardwood Floors throughout, Brand New Kitchen w/center island for dining, granite counters, & tumbled marble backsplash. Walk up attic for plenty of storage or future master bedroom suite expansion. Large expanded family room offers plenty of layout options. Separate Den/Office room off of the spacious laundry room. Sliders off of Kitchen leads to large fenced yard with fenced in ground pool. Home is sold in As-Is condition.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1953

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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 #21643982)

Price History

Date / Event Date Event Price
Jul 13, 2017 Sold
Premium
Sold
Nov 22, 2016 Listed by Heritage House Sotheby's International Realty $379,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,480
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800800

Zoning

  • Zoning: R-22

Geography

  • Assessors Map Reference: TAX MAP 85
  • Account Number: 7-3-1.5
  • District: 32
  • Parcel: 32 00640-0000-00042
  • Block: 640
  • Lot: 42
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4059
  • Longitude: -74.0999

    Address

  • Full Address: 5 Truex Pl
  • Address - House Number: 5
  • Address - Street Name: Truex
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C024
  • 4-Digit Zip Code: 2324
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $815,470

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 594,608
  • High Value: 710,167
  • Low Value: 479,050

    Market Valuation

  • Market Total Value: $469,200
  • Market Land Value: $286,800
  • Market Improvement Value: $182,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,200
  • Assessed Land Value: $286,800
  • Assessed Improvements Value: $182,400

    Sales

  • Current Sale Contract Date: Jul 13, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017072901
  • Previous Sale Recording Date: Sep 20, 2002
  • Previous Sale Contract Date: Aug 06, 2002
  • Previous Sale Amount: $324,900
  • 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 Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1954 ft²

Average Home Age

45 years

Currently For Sale

2719 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 717 Harmony Road, North Middletown, NJ, 07748

$3,300 /mo

  • 2 Beds
  • 1 Bath
717 Harmony Road, North Middletown, NJ, 07748 Listing by Justin Eberle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Colleen Camillo, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21643982
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 5 Truex Place built and last sold?
The property at 5 Truex Place was built in 1953 and last sold on Jul 13, 2017 for $356,000.
How much is this home worth?
The estimated value of the home located at 5 Truex Place is $383,699.
What are some comparable homes to 5 Truex Place?
There are currently no comparable homes to 5 Truex Place.
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