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Monmouth 07753 Neptune
505 Janet Road
$425,000
● House - Off Market

505 Janet Road

Neptune Township, NJ 07753
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$416,016
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Final & Best due Thursday 8/4 by noon. Wayside Manor quiet cul de sac neighborhood just 2 miles to the beach. Immaculate 4 Bdrm 2 full bath Bilevel set up for the perfect mother daughter living. Main level with LR, Kitchen , DR , 3 bedrooms , full bath, First level with Bdrm, All purpose room has 2nd refrigerator, sink, micrwave cabinet, and full bath. Wonderful Three Seasons room and covered deck. Huge fenced yard, Long time family home - no disclosure. Seller will provide TOT. Priced to sell. Don't wait.
Unit Size
1,692 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$236
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1961

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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 #22223976)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Jul 29, 2022 Listed by Nelson Realtors $400,000
Listed by Nelson Realtors

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • 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: 2
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,600
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807800

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 46.4
  • Account Number: 00067189
  • District: 35
  • Parcel: 35 02710-0000-00002
  • Block: 2710
  • Lot: 2
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2121
  • Longitude: -74.0623

    Address

  • Full Address: 505 Janet Rd
  • Address - House Number: 505
  • Address - Street Name: Janet
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C010
  • 4-Digit Zip Code: 3809
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $663,344

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 494,659
  • High Value: 594,110
  • Low Value: 395,207

    Market Valuation

  • Market Total Value: $367,300
  • Market Land Value: $179,300
  • Market Improvement Value: $188,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,300
  • Assessed Land Value: $179,300
  • Assessed Improvements Value: $188,000

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Oct 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 105605
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 Neptune

Stats & Trends

Median Asking:

$645,000

Sale Price/ft²

$415

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1612 ft²

Average Home Age

72.1 years

Currently For Sale

78 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 1902 Stratford Avenue, Neptune Township, NJ, 07753

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,316 ft²
1902 Stratford Avenue, Neptune Township, NJ, 07753 Listing by Olga Hannout

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cindy Nelson, Nelson Realtors
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22223976
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 505 Janet Road built and last sold?
The property at 505 Janet Road was built in 1961 and last sold on Sep 16, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 505 Janet Road is $0.
What are some comparable homes to 505 Janet Road?
There are currently no comparable homes to 505 Janet Road.
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