For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Freehold 07728
59 Wayne
$245,100
● House - Off Market

59 Wayne

Freehold, NJ 07728
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$248,036
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Potential PLUS!!  Needs TLC- 6 room 3 bedroom colonial-close to downtown Freehold
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1925

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #22131365)

Price History

Date / Event Date Event Price
Aug 10, 2022 Sold
Premium
Sold
Sep 22, 2021 Listed by Raymond Brooks Realty, Inc. $239,900
Listed by Raymond Brooks Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • 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: 9
  • Basement Area: 432
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,840
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Freehold Regional School District
  • Census Tract: 810700

Zoning

  • Zoning: 129

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 16
  • Parcel: 16 00043-0000-00007
  • Block: 43
  • Lot: 7
  • Municipality: FREEHOLD BORO
  • Latitude: 40.2633
  • Longitude: -74.2725

    Address

  • Full Address: 59 Wayne Ave
  • Address - House Number: 59
  • Address - Street Name: Wayne
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C035
  • 4-Digit Zip Code: 1834
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561,996

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 333,853
  • High Value: 400,697
  • Low Value: 267,010

    Market Valuation

  • Market Total Value: $268,000
  • Market Land Value: $119,300
  • Market Improvement Value: $148,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,000
  • Assessed Land Value: $119,300
  • Assessed Improvements Value: $148,700

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 83240
  • Previous Sale Recording Date: May 02, 2002
  • Previous Sale Contract Date: Apr 29, 2002
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: 27
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 Freehold

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$357

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1173 ft²

Average Home Age

76.5 years

Currently For Sale

25 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 23 W Main Street, Freehold, NJ, 07728

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
23 W Main Street #2, Freehold, NJ, 07728 Listing by Dorene T Rampino
Unit for rent at 3 Whistler Drive, Freehold, NJ, 07728

$2,900 /mo

  • 2 Beds
  • 2 Baths
3 Whistler Drive #3, Freehold, NJ, 07728 Listing by Timothy J O'Rourke

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Raymond L Brooks, Raymond Brooks Realty, Inc.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22131365
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 59 Wayne Avenue built and last sold?
The property at 59 Wayne Avenue was built in 1925 and last sold on Feb 10, 2022 for $245,100.
How much is this home worth?
The estimated value of the home located at 59 Wayne Avenue is $242,299.
What are some comparable homes to 59 Wayne Avenue?
There are currently no comparable homes to 59 Wayne Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Monmouth Homes for Sale
Monmouth Houses for Sale
Monmouth Condos for Sale
Monmouth Co-Ops for Sale
Monmouth Townhouses for Sale
Monmouth Multifamily for Sale
Monmouth Land for Sale
Monmouth Commercial for Sale
Nearby Cities
New York Homes for Sale
Philadelphia Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Holiday City-Berkeley Homes for Sale
Ocean Acres Homes for Sale
Trenton Homes for Sale
Nearby Property Records
Monmouth County, NJ Property Records
Middlesex County, NJ Property Records
Ocean County, NJ Property Records
Mercer County, NJ Property Records
Union County, NJ Property Records
Somerset County, NJ Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Neighborhoods
Upper East Side Real Estate
Upper West Side Real Estate
Midtown East Real Estate
Flushing Real Estate
Harlem Real Estate
Chelsea Real Estate
Forest Hills Real Estate
Midtown Real Estate
Nearby Counties
Ocean Homes for Sale
Manhattan Homes for Sale
Philadelphia Homes for Sale
Queens Homes for Sale
Brooklyn Homes for Sale
Middlesex Homes for Sale
Camden Homes for Sale
Burlington Homes for Sale
Top Real Estate Agents
Top Agents in Monmouth
Top Agents in New York
Top Agents in Ocean
Top Agents in Manhattan
Top Agents in Philadelphia
Top Agents in Philadelphia
Top Agents in Queens
Top Agents in Brooklyn