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Closter 07624
540 High Street
Listed by: Ragini K. Dunn, [email protected], Keller Williams Village Square Realty, (201) 445-4300, Listing Courtesy of NJMLS
$551,000
● House - Off Market

540 High Street

Closter, NJ 07624
bedrooms
3 Beds
bathrooms
1 Bath
$3,444
Est. Monthly
6.02%
Cap Rate

About This Property

Welcome to this fully renovated 3 bed 1 bath .This ranch was gut renovated and architect designed it is move in ready.The 3rd bedroom/family room has high ceilings with wooden beams. It has a wood burning fire place, and sits on a huge property which is 73x139.So many possibilities.SOLD AS IS
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1939

Payment Calculator

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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 (NJMLS #23032429)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Dec 28, 2023 Listed by Keller Williams Village Square Realty $495,000
Listed by Keller Williams Village Square Realty
Nov 6, 2023 In contract -
In contract

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,019
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Closter Borough School District
  • Census Tract: 007002

Zoning

  • Zoning: DISTRICTN

Geography

  • Account Number: 008030
  • District: 07
  • Parcel: 07 01705-0000-00002
  • Block: 1705
  • Lot: 2
  • Municipality: CLOSTER BORO
  • Latitude: 40.9683
  • Longitude: -73.9576

    Address

  • Full Address: 540 High St
  • Address - House Number: 540
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Closter
  • Carrier Code: C011
  • 4-Digit Zip Code: 2626
  • Zip Code: 07624

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,800

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 591,526
  • High Value: 711,627
  • Low Value: 471,425

    Market Valuation

  • Market Total Value: $411,000
  • Market Land Value: $328,800
  • Market Improvement Value: $82,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,000
  • Assessed Land Value: $328,800
  • Assessed Improvements Value: $82,200

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 739
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 15, 2016
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Closter

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$556

Above Asking

0.00%

Average Days on Market

66

Average Home Size

384 ft²

Average Home Age

55.3 years

Currently For Sale

43 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 324 Brook, Harrington Park, NJ, 07640

$5,500 /mo

  • 3 Beds
  • 3 Baths
324 Brook, Harrington Park, NJ, 07640 Listing by Kunal Arora
Unit for rent at 12 John, Norwood, NJ, 07648

$4,650 /mo

  • 4 Beds
  • 2 Baths
12 John, Norwood, NJ, 07648 Listing by Youngmi Bailey

Rentals Near You

Click here to view more rentals in the neighborhood.
New Jersey Multiple Listing Service,Inc

Listed by: Ragini K. Dunn
Keller Williams Village Square Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 23032429
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. 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 540 High Street built and last sold?
The property at 540 High Street was built in 1939 and last sold on Dec 21, 2023 for $551,000.
How much is this home worth?
The estimated value of the home located at 540 High Street is $0.
What are some comparable homes to 540 High Street?
There are currently no comparable homes to 540 High Street.
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