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Strathmore 07747
55 Innerhill Lane
$425,000
● House - Off Market

55 Innerhill Lane

Aberdeen, NJ 07747
bedrooms
3 Beds
bathrooms
2 Baths
$531,115
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Don't miss your opportunity to purchase this 3 Bedroom Strathmore Ranch, situated on an oversized Park-like corner property, and transform into your Dream Home! Home features 2 car attached garage, newer roof, a/c, hot water heater & renovated master bath.  Located close to NJ transit bus & train, schools, shopping, neighborhood playground, Houses of Worship, GSP and All major routes!
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$876
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: 3 years ago (MOMLS #22041777)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Nov 28, 2020 Listed by RE/MAX Imperial $409,000
Listed by RE/MAX Imperial

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,509
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,830
  • Total Building Area: 1,457
  • Building Area: 1,457
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,457
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802800

Zoning

  • Zoning: PC

Geography

  • Assessors Map Reference: TAX MAP 13
  • District: 01
  • Parcel: 01 00077-0000-00025
  • Block: 77
  • Lot: 25
  • Municipality: ABERDEEN TWP
  • Latitude: 40.395
  • Longitude: -74.2099

    Address

  • Full Address: 55 Innerhill Ln
  • Address - House Number: 55
  • Address - Street Name: Innerhill
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C015
  • 4-Digit Zip Code: 1716
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,067

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 582,477
  • High Value: 694,116
  • Low Value: 470,837

    Market Valuation

  • Market Total Value: $501,200
  • Market Land Value: $350,400
  • Market Improvement Value: $150,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,200
  • Assessed Land Value: $350,400
  • Assessed Improvements Value: $150,800

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2021028184
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 Strathmore

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$359

Above Asking

0.00%

Average Days on Market

59

Average Home Size

1918 ft²

Average Home Age

45.4 years

Currently For Sale

14 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 126 Main Street, Matawan, NJ, 07747

$3,300 /mo

  • 3 Beds
  • 2 Baths
126 Main Street #410, Matawan, NJ, 07747 Listing by Nikita Bhasin

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia R Naparstek, RE/MAX Imperial
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22041777
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 Innerhill Lane built and last sold?
The property at 55 Innerhill Lane was built in 1961 and last sold on Jan 28, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 55 Innerhill Lane is $413,090.
What are some comparable homes to 55 Innerhill Lane?
There are currently no comparable homes to 55 Innerhill Lane.
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