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Monmouth 07731
57 Hedgewood Road
$510,000
● House - Off Market

57 Hedgewood Road

Howell, NJ 07731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,526 Ft²
$568,807
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Colonial in Oak Glen has one of the larger lots and it backs up to open land, the ultimate in privacy. Room for pool and more. Home is just waiting for the new buyer to place their personalization on it.Notable updates include new roof March '22 and water heater May '22 and paver patio.  Neat as a pin, the care is evident once you walk in. Welcome home!
Unit Size
1,526 Ft²
Days on Market
75 days
Land Size
0.31 acres
Price per sqft
$353
Property Type
House
Property Taxes
$696
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (MOMLS #22221507)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Keller Williams Realty Spring Lake $539,000
Listed by Keller Williams Realty Spring Lake

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 522
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,455
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4.01
  • Account Number: 02212109
  • District: 21
  • Parcel: 21 00035- 47-00109
  • Block: 35.47
  • Lot: 109
  • Municipality: HOWELL TWP
  • Latitude: 40.1529
  • Longitude: -74.2027

    Address

  • Full Address: 57 Hedgewood Rd
  • Address - House Number: 57
  • Address - Street Name: Hedgewood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: C002
  • 4-Digit Zip Code: 2204
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $895,699

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 572,424
  • High Value: 679,921
  • Low Value: 464,928

    Market Valuation

  • Market Total Value: $481,300
  • Market Land Value: $280,200
  • Market Improvement Value: $201,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,300
  • Assessed Land Value: $280,200
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 109755
  • Previous Sale Recording Date: Aug 11, 2011
  • Previous Sale Contract Date: Jun 17, 2011
  • Previous Sale Amount: $292,500
  • 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 Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1953 ft²

Average Home Age

45 years

Currently For Sale

2741 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

Rentals Near You

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MOMMLS

Listed by: Heather Garrett-Muly, Keller Williams Realty Spring Lake
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22221507
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 57 Hedgewood Road built and last sold?
The property at 57 Hedgewood Road was built in 1985 and last sold on Nov 4, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 57 Hedgewood Road is $0.
What are some comparable homes to 57 Hedgewood Road?
There are currently no comparable homes to 57 Hedgewood Road.
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