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Highlands 07732 Highlands
58 2nd Street
$590,000
● House - Off Market

58 2nd Street

Highlands, NJ 07732
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,473 Ft²
$568,652
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Come fall in Love with the Highlands and this beautiful home built only 6 years ago. Located right in the heart of Highlands ,minutes to NYC Sea Streak Ferry ,Farmers Market and Restaurants. Features on this newer home include a 50x100 oversized lot with off street parking and garage.Three bedrooms,2 baths, C/A, open floor plan with kitchen and dining room leading out to deck and back yard. Enjoy your own private balcony from 2 bedrooms and enjoy the summer breezes.  This is the perfect house for entertaining ,with room for everyone.Tons of storage in attic and garage area for beach items,bikes and fishing gear.Enjoy Highlands Beaches,Sandy Hook,Hartshorne Woods with over 600 acres of  hiking and biking trails.

Fishing ,Boating and Marina's right here.

New Dog park too, fun for everyone.
Unit Size
1,473 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$373
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
2018

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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: 2 years ago (MOMLS #22221192)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by Heritage House Sotheby's International Realty $550,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,123
  • Garage Type: 17
  • Garage Square Area: 350
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Highlands Borough School District
  • Census Tract: 800101

Zoning

  • Zoning: R202

Geography

  • Account Number: 00011710
  • District: 19
  • Parcel: 19 00063-0000-00021
  • Block: 63
  • Lot: 21
  • Municipality: HIGHLANDS BORO
  • Latitude: 40.4023
  • Longitude: -73.9893

    Address

  • Full Address: 58 2nd St
  • Address - House Number: 58
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Highlands
  • Carrier Code: C003
  • 4-Digit Zip Code: 1641
  • Zip Code: 07732

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,091,465

    Appraisal Valuation

  • Standard Deviation: 0.1917
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 605,900
  • High Value: 722,098
  • Low Value: 489,703

    Market Valuation

  • Market Total Value: $544,100
  • Market Land Value: $122,400
  • Market Improvement Value: $421,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $544,100
  • Assessed Land Value: $122,400
  • Assessed Improvements Value: $421,700

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 86067
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 Highlands

Stats & Trends

Median Asking:

$644,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1079 ft²

Average Home Age

67.6 years

Currently For Sale

28 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 216 Ocean Avenue, Sea Bright, NJ, 07760

$3,500 /mo

  • 2 Beds
  • 2 Baths
216 Ocean Avenue, Sea Bright, NJ, 07760 Listing by Lucian J Siano
Unit for rent at 89 Washington Avenue, Highlands, NJ, 07732

$3,600 /mo

  • 2 Beds
  • 1 Bath
89 Washington Avenue, Highlands, NJ, 07732 Listing by Adrianna DeAndrea

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Helen Mary Maresca, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22221192
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 58 2nd Street built and last sold?
The property at 58 2nd Street was built in 2018 and last sold on Aug 15, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 58 2nd Street is $568,890.
What are some comparable homes to 58 2nd Street?
There are currently no comparable homes to 58 2nd Street.
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