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Monmouth 07748
61 Truex Place
$633,000
● House - Off Market

61 Truex Place

Middletown, NJ 07748
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,736 Ft²
$584,161
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Privacy abounds this split Level home located in a Cul-de-sac location in Desirable Middletown. Hardwood floors in Living Room. Nice size Eat in Kitchen with stainless Appliances. Updated 2 full baths. Bedrooms feature hardwood floors and newer windows. Generous size family room with Gas fireplace. Nice size Laundry room with tons of Cabinets. Tankless water heater for unlimited hot water. Home also has new whole house Generator. New Kitchen sliders lead to your new Trex deck and your Impressive Backyard. Large Patio space great for entertaining. Enjoy the Summertime in your phenomenal pool with newer liner, coping, pool lines and filter and pump all from 2018. This backyard is your own Private Paradise.  Close to NYC transportation, schools,  the Jersey shore beaches and shopping.
Unit Size
1,736 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$325
Property Type
House
Property Taxes
$597
HOA Dues
-
Year Built
1955

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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 #22221407)

Price History

Date / Event Date Event Price
Aug 22, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Weichert Realtors-Middletown $565,000
Listed by Weichert Realtors-Middletown

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,300
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,736
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800800

Zoning

  • Zoning: R-22

Geography

  • Assessors Map Reference: TAX MAP 86
  • Account Number: 7-3-1.5
  • District: 32
  • Parcel: 32 00642-0000-00047
  • Block: 642
  • Lot: 47
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4081
  • Longitude: -74.0964

    Address

  • Full Address: 61 Truex Pl
  • Address - House Number: 61
  • Address - Street Name: Truex
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Middletown
  • Carrier Code: C024
  • 4-Digit Zip Code: 2333
  • Zip Code: 07748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $910,364

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 611,536
  • High Value: 725,817
  • Low Value: 497,256

    Market Valuation

  • Market Total Value: $523,800
  • Market Land Value: $290,900
  • Market Improvement Value: $232,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,800
  • Assessed Land Value: $290,900
  • Assessed Improvements Value: $232,900

    Sales

  • Current Sale Contract Date: Aug 18, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 101376
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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1995 ft²

Average Home Age

45.2 years

Currently For Sale

1817 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 149 11th Street, Belford, NJ, 07718

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,238 ft²
149 11th Street, Belford, NJ, 07718 Listing by Carly M York

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sheryl Dente, Weichert Realtors-Middletown
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22221407
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 61 Truex Place built and last sold?
The property at 61 Truex Place was built in 1955 and last sold on Aug 18, 2022 for $633,000.
How much is this home worth?
The estimated value of the home located at 61 Truex Place is $0.
What are some comparable homes to 61 Truex Place?
There are currently no comparable homes to 61 Truex Place.
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