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Atlantic Highlands 07716 Atlantic Highlands
62 Upper Prospect Road
$495,000
● House - Off Market

62 Upper Prospect Road

Atlantic Highlands, NJ 07716
bedrooms
3 Beds
bathrooms
2 Baths
$940,339
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

High in the hills of trendy Atlantic Highlands you will find your private oasis. This expanded ranch is set on a wooded big lot backing up to the protected Nature Sanctuary of Lenape Woods! With 3 bedrooms & 2 baths this home is just the right size for first time buyers or downsizers. Is it snowing, cozy up to the woodburning fireplace in the large formal living room. Enjoy your private back yard views thru the sliding doors to the deck while enjoying your meals in the dining room. Thru the galley kitchen with lots of granite counters & custom cabinets & into the huge family room with Fireplace, built in book shelves, Beautiful mirrored bar & french doors to the front patio! Master bedroom with full bath & walkin closet. All this just 45 mins to NYC via Ferry! A really nice place to live!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$880
HOA Dues
-
Year Built
1962

Payment Calculator

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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: 2 years ago (MOMLS #21505166)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Feb 12, 2015 Listed by Resources Real Estate $525,000
Listed by Resources Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,227
  • Garage Type: 1
  • Garage Square Area: 619
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,323
  • Total Building Area: 1,667
  • Building Area: 1,667
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,667
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Henry Hudson Regional School District
  • Census Tract: 800200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 7
  • Account Number: 00213001
  • District: 05
  • Parcel: 05 00011-0000-00006
  • Block: 11
  • Lot: 6
  • Municipality: ATLANTIC HIGHLANDS BORO
  • Latitude: 40.4094
  • Longitude: -74.0193

    Address

  • Full Address: 62 Upper Prospect Rd
  • Address - House Number: 62
  • Address - Street Name: Upper Prospect
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Atlantic Highlands
  • Carrier Code: C004
  • 4-Digit Zip Code: 1733
  • Zip Code: 07716

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,056,569

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 821,628
  • High Value: 977,454
  • Low Value: 665,803

    Market Valuation

  • Market Total Value: $618,600
  • Market Land Value: $387,600
  • Market Improvement Value: $231,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,600
  • Assessed Land Value: $387,600
  • Assessed Improvements Value: $231,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2015
  • Current Sale Recording Date: Jun 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015049774
  • Previous Sale Recording Date: Apr 07, 2004
  • Previous Sale Contract Date: Mar 05, 2004
  • Previous Sale Amount: $540,000
  • 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 Atlantic Highlands

Stats & Trends

Median Asking:

$710,000

Sale Price/ft²

$474

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1519 ft²

Average Home Age

47.9 years

Currently For Sale

10 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 46 Barberie Avenue, Highlands, NJ, 07732

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
46 Barberie Avenue, Highlands, NJ, 07732 Listing by Corrin Marrazzo
Unit for rent at 1 Central Avenue, Atlantic Highlands, NJ, 07716

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,645 ft²
1 Central Avenue #20, Atlantic Highlands, NJ, 07716 Listing by Renee Astacio

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Lynn Hughes, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21505166
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 62 Upper Prospect Road built and last sold?
The property at 62 Upper Prospect Road was built in 1962 and last sold on May 20, 2015 for $495,000.
How much is this home worth?
The estimated value of the home located at 62 Upper Prospect Road is $0.
What are some comparable homes to 62 Upper Prospect Road?
There are currently no comparable homes to 62 Upper Prospect Road.
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