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Strathmore 07747
7 Ivory Place
$338,000
● House - Off Market

7 Ivory Place

Aberdeen, NJ 07747
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,569 Ft²
$621,376
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Spotless 4 bedroom Cape in the ''I'' section of Strathmore.  Situated on a cul-de-sac with fenced yard and paver-patio.  Spacious living room with hardwood floors opens to eat-in kitchen with sliders to private yard.  Other features include newer windows, newer hot water heater, garage and plenty of storage.
Unit Size
1,569 Ft²
Days on Market
-
Land Size
-
Price per sqft
$223
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
1961

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 #21515564)

Price History

Date / Event Date Event Price
Jul 23, 2015 Sold
Premium
Sold
Apr 25, 2015 Listed by Gloria Nilson & Co. Real Estate $349,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,704
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,569
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802800

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 8
  • District: 01
  • Parcel: 01 00057-0000-00018
  • Block: 57
  • Lot: 18
  • Municipality: ABERDEEN TWP
  • Latitude: 40.4013
  • Longitude: -74.2113

    Address

  • Full Address: 7 Ivory Pl
  • Address - House Number: 7
  • Address - Street Name: Ivory
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C015
  • 4-Digit Zip Code: 1516
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,029,287

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 597,605
  • High Value: 712,144
  • Low Value: 483,066

    Market Valuation

  • Market Total Value: $481,200
  • Market Land Value: $309,500
  • Market Improvement Value: $171,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,200
  • Assessed Land Value: $309,500
  • Assessed Improvements Value: $171,700

    Sales

  • Current Sale Contract Date: Jul 22, 2015
  • Current Sale Recording Date: Aug 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015070737
  • Previous Sale Recording Date: Jun 22, 2007
  • Previous Sale Contract Date: Jun 15, 2007
  • Previous Sale Amount: $377,000
  • 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 Strathmore

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$360

Above Asking

0.00%

Average Days on Market

57

Average Home Size

1824 ft²

Average Home Age

50.6 years

Currently For Sale

16 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 41 W Aspen Way, Aberdeen, NJ, 07747

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,788 ft²
41 W Aspen Way, Aberdeen, NJ, 07747 Listing by Caterina F Bassani
Unit for rent at 19 Mill Road, Matawan, NJ, 07747

$3,650 /mo

  • 3 Beds
  • 1 Bath
  • 2,208 ft²
19 Mill Road, Matawan, NJ, 07747 Listing by Donna Bruno

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rhonda L Beck-Edwards, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21515564
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 Ivory Place built and last sold?
The property at 7 Ivory Place was built in 1961 and last sold on Jul 22, 2015 for $338,000.
How much is this home worth?
The estimated value of the home located at 7 Ivory Place is $0.
What are some comparable homes to 7 Ivory Place?
There are currently no comparable homes to 7 Ivory Place.
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