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Monmouth 07718
638 Hopping Road
$405,000
● House - Off Market

638 Hopping Road

Belford, NJ 07718
bedrooms
4 Beds
bathrooms
2 Baths
$754,010
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Are you looking for just the right house in just the right neighborhood where you can either sit out on the front porch and/or hang out in the backyard no matter what the weather may be?  Don't let this chance slip away!  This home has the family feel you're looking for!  Colonial Style boasting 4 bedrooms, 2 full baths, detached garage, Full Walk UP Attic with so many possibilities no matter what you NEED OR WANT, Living Room/Family Room, Dining Room, Large Eat in Kitchen, Breakfast Area, Sliders to deck/backyard!  Great neighborhood & close distance to EVERYTHING!  Shopping, schools, parks, beaches, NYC transportation, roadways & More are within seconds/minutes away....  Start checking your list off now because this has what you want!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1954

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 #21529242)

Price History

Date / Event Date Event Price
Nov 4, 2015 Sold
Premium
Sold
Jul 27, 2015 Listed by RE/MAX First Class $425,000
Listed by RE/MAX First Class

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 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: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: T/A: 03/2004

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 55
  • Account Number: Apr 02, 2007
  • District: 32
  • Parcel: 32 00654-0000-00019
  • Block: 654
  • Lot: 19
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4104
  • Longitude: -74.0888

    Address

  • Full Address: 638 Hopping Rd
  • Address - House Number: 638
  • Address - Street Name: Hopping
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Belford
  • Carrier Code: C005
  • 4-Digit Zip Code: 1168
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $952,424

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 669,889
  • High Value: 796,803
  • Low Value: 542,974

    Market Valuation

  • Market Total Value: $548,000
  • Market Land Value: $276,000
  • Market Improvement Value: $272,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $548,000
  • Assessed Land Value: $276,000
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Contract Date: Nov 04, 2015
  • Current Sale Recording Date: Nov 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015105759
  • Previous Sale Recording Date: Nov 26, 1996
  • Previous Sale Contract Date: Nov 13, 1996
  • Previous Sale Amount: $110,000
  • 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 Monmouth

Stats & Trends

Median Asking:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.1 years

Currently For Sale

1813 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 156 Main Street, Port Monmouth, NJ, 07758

$4,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,474 ft²
156 Main Street, Port Monmouth, NJ, 07758 Listing by Amy Neff

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Justine Galdorise-Alfano, RE/MAX First Class
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21529242
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 638 Hopping Road built and last sold?
The property at 638 Hopping Road was built in 1954 and last sold on Nov 4, 2015 for $405,000.
How much is this home worth?
The estimated value of the home located at 638 Hopping Road is $429,250.
What are some comparable homes to 638 Hopping Road?
There are currently no comparable homes to 638 Hopping Road.
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