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Lincroft 07738
7 Roger Avenue
$540,000
● House - Off Market

7 Roger Avenue

Middletown, NJ 07738
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,296 Ft²
$1,037,113
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Living well in Lincroft! Fantastic 4 BR, 2.5 BA colonial has been updated throughout: new kitchen, updated baths, meticulously maintained interior, finished basement, finished garage & enclosed porch. Newer HVAC, windows, siding, roof & doors. Situated on level, corner lot, walking distance to town. Family room & kitchen flow together, French door to new paver patio & fenced yard. L-shaped living/dining rm. w/hardwood floors & fireplace. Lincroft elementary, minutes to GS Pkwy, parks & beaches.
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$243
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
1961

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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: 3 years ago (MOMLS #21414172)

Price History

Date / Event Date Event Price
Jul 30, 2014 Sold
Premium
Sold
Apr 21, 2014 Listed by Berkshire Hathaway HomeServices New Jersey Properties $559,000
Listed by Berkshire Hathaway HomeServices New Jersey Properties

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 3
  • Basement Area: 825
  • Garage Type: 10
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,550
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,570
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 801500

Zoning

  • Zoning: 8648

Geography

  • Assessors Map Reference: TAX MAP 280
  • Account Number: 00469
  • District: 32
  • Parcel: 32 01112-0000-00004
  • Block: 1112
  • Lot: 4
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.3267
  • Longitude: -74.115

    Address

  • Full Address: 7 Roger Ave
  • Address - House Number: 7
  • Address - Street Name: Roger
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lincroft
  • Carrier Code: C005
  • 4-Digit Zip Code: 1715
  • Zip Code: 07738

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,380,493

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 902,890
  • High Value: 1,071,974
  • Low Value: 733,806

    Market Valuation

  • Market Total Value: $794,300
  • Market Land Value: $443,500
  • Market Improvement Value: $350,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,300
  • Assessed Land Value: $443,500
  • Assessed Improvements Value: $350,800

    Sales

  • Current Sale Contract Date: Jul 28, 2014
  • Current Sale Recording Date: Jul 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 2015059837
  • Previous Sale Recording Date: Aug 04, 2014
  • Previous Sale Contract Date: Jul 28, 2014
  • 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 Lincroft

Stats & Trends

Median Asking:

$999,999

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

69

Average Home Size

2921 ft²

Average Home Age

43.9 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

Rentals Near You

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MOMMLS

Listed by: Richard F Martel, Berkshire Hathaway HomeServices New Jersey Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21414172
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 Roger Avenue built and last sold?
The property at 7 Roger Avenue was built in 1961 and last sold on Jul 28, 2014 for $540,000.
How much is this home worth?
The estimated value of the home located at 7 Roger Avenue is $582,148.
What are some comparable homes to 7 Roger Avenue?
There are currently no comparable homes to 7 Roger Avenue.
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