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Monmouth
6 Oregon Avenue
$450,000
● House - Off Market

6 Oregon Avenue

Hazlet, NJ 07730
bedrooms
4 Beds
bathrooms
3 Baths
$448,772
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

WONDERFUL OPPORTUNITY TO PURCHASE A FOUR BEDROOM HOME WITH A FULL BASEMENT IN HIGHLY ''SOUGHT AFTER'' RARITAN RIDGE.  SPACIOUS ROOMS THAT FLOW NICELY. ENCLOSED PORCH FLORIDA ROOM AND FINISHED BASEMENT. UPDATED KITCHEN AND BATHS. COMMUTERS DREAM LOCATION WITH NYC BUS TRANSPORTATION STEPS AWAY.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$902
HOA Dues
-
Year Built
1959

Payment Calculator

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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 #22319408)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jul 15, 2023 Listed by Coldwell Banker Realty $450,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,025
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,025
  • 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
  • Legal Description 1: ADDITIONAL LOTS: THE CAPE MODEL

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802100

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 019968
  • District: 18
  • Parcel: 18 00118-0000-00012
  • Block: 118
  • Lot: 12
  • Municipality: HAZLET TWP
  • Latitude: 40.4264
  • Longitude: -74.1624

    Address

  • Full Address: 6 Oregon Ave
  • Address - House Number: 6
  • Address - Street Name: Oregon
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C008
  • 4-Digit Zip Code: 2216
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,115,087

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 617,720
  • High Value: 727,390
  • Low Value: 508,051

    Market Valuation

  • Market Total Value: $521,800
  • Market Land Value: $267,400
  • Market Improvement Value: $254,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,800
  • Assessed Land Value: $267,400
  • Assessed Improvements Value: $254,400

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52153
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

1950 ft²

Average Home Age

45 years

Currently For Sale

2739 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 19 Gregory Street, Hazlet, NJ, 07730

$4,250 /mo

  • 4 Beds
  • 2 Baths
19 Gregory Street, Hazlet, NJ, 07730 Listing by DEBORAH F. RATCLIFF
Unit for rent at 118 Beachway Avenue, Keansburg Boro, 07734-1271

$3,995 /mo

  • 4 Beds
  • 2 Baths
118 Beachway Avenue, Keansburg Boro, 07734-1271 Listing by PATRICK CREAN

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey Dispenza, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22319408
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 6 Oregon Avenue built and last sold?
The property at 6 Oregon Avenue was built in 1959 and last sold on Jul 26, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 6 Oregon Avenue is $0.
What are some comparable homes to 6 Oregon Avenue?
There are currently no comparable homes to 6 Oregon Avenue.
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