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Belford 07718 Belford
55 7th Street
$270,000
● House - Off Market

55 7th Street

Middletown, NJ 07718
bedrooms
2 Beds
bathrooms
2 Baths
$511,154
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

This immaculate, move in condition expanded ranch style home with walk out lower level & attached garage is one NOT to be missed! You'll love the floor plan & easy access to roadways, NY transportation, ferry service, shopping, schools, beaches & more! Check it out today! (Middletown Township/Belford Section & Zip Code)
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1958

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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 (MOMLS #21415619)

Price History

Date / Event Date Event Price
Dec 12, 2018 Sold
Premium
Sold
Oct 1, 2018 Listed by VRI Homes $314,900
Listed by VRI Homes
Well cared for ranch with walk-out basement that with a little thought could be a great theater room,play room, or maybe for teenager or in-laws.Downstairs bathroom has all piping ..just needs to be updated.Owner never had the need to use the basement space.Upstairs has wood floors..stainless steel appliances in kitchen..recessed lighting.. formal living area. dining area and family room that leads to double deck into spacious yard with new vinyl fencing.Attached garage wih loft area for storage!.Great area..close to ferry into NYC..shopping and the Jersey Shore
Jun 30, 2014 Sold
Premium
Sold
Apr 23, 2014 Listed by Coldwell Banker Realty $275,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 960
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800500

Zoning

  • Zoning: 5861

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: Apr 02, 2007
  • District: 32
  • Parcel: 32 00308-0000-00011
  • Block: 308
  • Lot: 11
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.42
  • Longitude: -74.0814

    Address

  • Full Address: 55 7th St
  • Address - House Number: 55
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Belford
  • Carrier Code: C003
  • 4-Digit Zip Code: 1706
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $757,594

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 517,746
  • High Value: 609,666
  • Low Value: 425,826

    Market Valuation

  • Market Total Value: $435,900
  • Market Land Value: $237,200
  • Market Improvement Value: $198,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,900
  • Assessed Land Value: $237,200
  • Assessed Improvements Value: $198,700

    Sales

  • Current Sale Contract Date: Dec 12, 2018
  • Current Sale Recording Date: Dec 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018121261
  • Previous Sale Recording Date: Jul 07, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 12
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 Belford

Stats & Trends

Median Asking:

$634,450

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2390 ft²

Average Home Age

50.7 years

Currently For Sale

3 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 124 Wilson Avenue, Port Monmouth, NJ, 07758

$3,200 /mo

  • 3 Beds
  • 1 Bath
124 Wilson Avenue, Port Monmouth, NJ, 07758 Listing by Erin Yetman
Unit for rent at 3 2nd Avenue, Port Monmouth, NJ, 07758

$3,300 /mo

  • 4 Beds
  • 2 Baths
3 2nd Avenue, Port Monmouth, NJ, 07758 Listing by Jessica Plath

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Justine Galdorise-Alfano, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21415619
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 55 7th Street built and last sold?
The property at 55 7th Street was built in 1958 and last sold on Dec 12, 2018 for $302,500.
How much is this home worth?
The estimated value of the home located at 55 7th Street is $318,049.
What are some comparable homes to 55 7th Street?
There are currently no comparable homes to 55 7th Street.
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