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New Egypt 08533
64 Main Street
$271,276
● House - Off Market

64 Main Street

New Egypt, NJ 08533
bedrooms
3 Beds
bathrooms
0 Bath, 2 Half Baths
square feet
1,776 Ft²
$267,999
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

GREAT LOCATION ON MAIN STREET IN  AS AN OFFICE BUT CAN EASILY BE CONVERTED TO COLONIAL WITH ADDITION OF KITCHEN AND SHOWER OR TUB.THE PROPERTY WAS COMPLETELY RENOVATED DOWN TO THE STUDS IN 2008 WITH NEW WINDOWS,HVAC SYSTEM AND ELECTRICAL SYSTEM.CONNECTION TO PUBLIC SEWER WAS JUST COMPLETED THIS PAST FALL.  LARGE BACK YARD FOR NEW OWNER TO CREATE AN OUTDOOR PARADISE.ENJOY THE OLD WORLD CHARM OF THE DOWN TOWN AREA! NEW EGYPT IS ALSO HOME TO THE RENOWNED LAURITA WINERY, AREA FARMS,TOP RATED SCHOOL SYSTEM AND EASY ACCESS TO 195+ NJ TURNPIKE.CURRENT OWNERS HAVE STARTED THE PROCESS TO OBTAIN VARIANCE FOR RESIDENTIAL USE. MAKE THIS YOUR DREAM HOME TODAY!!!!
Unit Size
1,776 Ft²
Days on Market
157 days
Land Size
0.19 acres
Price per sqft
$151
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1900

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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: 6 months ago (MOMLS #22231221)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Oct 4, 2022 Listed by Del Virginia Realtors $269,000
Listed by Del Virginia Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,776
  • Gross Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000189
  • Standard Land Use Code: 2000
  • County Land Use Code: 4A

Neighborhood

  • School District Name: Plumsted Township School District
  • Census Tract: 718000

Zoning

  • Zoning: C4

Geography

  • Assessors Map Reference: TAX MAP 10.3
  • District: 24
  • Parcel: 24 00030-0000-00007
  • Block: 30
  • Lot: 7
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0675
  • Longitude: -74.5342

    Address

  • Full Address: 64 Main St
  • Address - House Number: 64
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: C001
  • 4-Digit Zip Code: 1413
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $522,700

    Market Valuation

  • Market Total Value: $188,700
  • Market Land Value: $74,300
  • Market Improvement Value: $114,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,700
  • Assessed Land Value: $74,300
  • Assessed Improvements Value: $114,400

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 82336
  • Previous Sale Recording Date: May 13, 2008
  • Previous Sale Contract Date: May 01, 2008
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 12
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 New Egypt

Stats & Trends

Median Asking:

$445,000

Sale Price/ft²

$287

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2043 ft²

Average Home Age

48.1 years

Currently For Sale

15 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 67 Jacobstown Road, Plumsted, NJ, 08533

$1,100 /mo

  • 1 Bed
  • 1 Bath
67 Jacobstown Road, Plumsted, NJ, 08533 Listing by Mark A Schneider

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Phyllis Ruggiero, Del Virginia Realtors
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 22231221
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 64 Main Street built and last sold?
The property at 64 Main Street was built in 1900 and last sold on Oct 25, 2023 for $271,276.
How much is this home worth?
The estimated value of the home located at 64 Main Street is $281,910.
What are some comparable homes to 64 Main Street?
There are currently no comparable homes to 64 Main Street.
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