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New Egypt 08533
7 Front Street
$199,900
● House - Off Market

7 Front Street

New Egypt, NJ 08533
bedrooms
2 Beds
bathrooms
1 Bath
square feet
780 Ft²
$1,162
Est. Monthly
13.72%
Cap Rate

About This Property

Can be a perfect rental property especially if you own a business in town and you need housing for your employees. Home has recently been remodeled to a clean and neat occupancy for you or your tenants. New white shaker kitchen and updated bathroom. Freshly painted throughout, basement and a short distance to downtown. Please note, the property does not have any off site or immediate in front of home parking. Municipal daytime only parking around the corner.
Unit Size
780 Ft²
Days on Market
104 days
Land Size
0.04 acres
Price per sqft
$256
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1880

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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: 9 months ago (MOMLS #22528471)

Price History

Date / Event Date Event Price
Dec 31, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Sep 17, 2025 Listed by C21/ Lawrence Realty $199,900
Listed by C21/ Lawrence Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 390
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,562
  • Lot Size Depth Feet: 710
  • Lot Size Frontage Feet: 220
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 780
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000036
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: C4

Geography

  • Assessors Map Reference: TAX MAP 10.2
  • District: 24
  • Parcel: 24 00018-0000-00011- 01
  • Block: 18
  • Lot: 11.01
  • Municipality: PLUMSTED TWP
  • Latitude: 40.0673
  • Longitude: -74.5307

    Address

  • Full Address: 7 Front St
  • Address - House Number: 7
  • Address - Street Name: Front
  • Address - Suffix Type: St
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: C001
  • 4-Digit Zip Code: 1606
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $191,962

    Market Valuation

  • Market Total Value: $69,300
  • Market Land Value: $51,300
  • Market Improvement Value: $18,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,300
  • Assessed Land Value: $51,300
  • Assessed Improvements Value: $18,000

    Sales

  • Current Sale Contract Date: Aug 25, 2005
  • Current Sale Recording Date: Dec 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2005216233
  • Previous Sale Recording Date: May 02, 2005
  • Previous Sale Contract Date: May 02, 2005
  • Previous Sale Amount: $126,000
  • 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 New Egypt

Stats & Trends

Median Asking:

$430,000

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

65

Average Home Size

1852 ft²

Average Home Age

42.6 years

Currently For Sale

20 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

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MOMMLS

Listed by: Pasquale Mennella, C21/ Lawrence Realty
Last Updated: 9 months ago
Data Source: MOMMLS, MLS# 22528471
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 7 Front Street built and last sold?
The property at 7 Front Street was built in 1880 and last sold on Aug 25, 2005 for $126,000.
How much is this home worth?
The estimated value of the home located at 7 Front Street is $0.
What are some comparable homes to 7 Front Street?
There are currently no comparable homes to 7 Front Street.
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