$215,000
●
House -
Off Market
507 JOHNSON PL
MAGNOLIA, NJ 08049
3 Beds
1 Bath
912 Ft²
$234,009
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
BACK ON MARKET 5/27! Beautifully remodeled 3 bedroom, 1 bath ranch
style home with new roof, new windows, new AC, a great lot and a
huge basement. This home features a stunningly remodeled kitchen
with LED recessed lighting, new, soft close cabinets and
drawers, stainless steel appliances (expected delivery is 5/8),
granite counters, and a tile backsplash. A spacious living room has
big windows for natural light, new LED recessed lights, recently
refinished hardwood floors, and a coat closet by the front door.
The full bathroom is beautiful. It features a new vanity, toilet,
lighting, and tile floors. There is even a custom tile tub surround
and a linen closet. All three bedrooms feature ceiling fans,
refinished hardwood floors, new 6 panel doors, and fresh paint. The
high ceiling basement is huge and just waiting to be finished.
Laundry hookups and a gas, forced air heater are located here.
Perhaps you could put another bathroom and huge family or game room
down here. Finally there is the huge backyard which has plenty of
space to enjoy your new home!
Unit Size
912 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1955
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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: 4 years ago (Bright MLS #NJCD416738)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Listed by Keller Williams - Main Street | $235,750 | |
| Listed by Keller Williams - Main Street | |||
| | |||
|
BEST AND FINAL DUE BY 5pm on 5/24/23.
This beauty is BACK!!! This home was beautifully remodeled and boasts a gorgeous 3 bedroom, 1 bath ranch style home with a new roof, new windows, new AC, a great lot and a huge basement. Its also tucked into a perfect cul-de-sac for quiet and privacy. This home features a stunning remodeled kitchen with LED recessed lighting, soft close cabinets and drawers, stainless steel appliances, granite counters, and a tile backsplash. The spacious living room has big windows for natural light, new LED recessed lights and gorgeous, refinished hardwood floors. The full bathroom is beautiful. It features a new vanity, toilet, lighting, custom tile tub and tile floors. All three bedrooms feature ceiling fans, refinished hardwood floors, new 6 panel doors, and fresh paint. The high ceiling basement is huge and is partially finished with laundry. The rest of the huge available space is up to you to finish how you want! Lastly, you cannot miss the enormous fenced - in backyard which has plenty of space to enjoy your new home!
| |||
| Jan 14, 2023 | No longer available | - | |
| No longer available | |||
| Dec 28, 2022 | Price Decreased |
$230,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Magnolia
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Listed by: Timothy Belko
BHHS Fox & Roach-Washington-Gloucester
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD416738
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.
BHHS Fox & Roach-Washington-Gloucester
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCD416738
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017