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Middlesex 07747
7 Tara Drive
$455,000
● House - Off Market

7 Tara Drive

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,138 Ft²
$689,781
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

In today's market you have to act fast & this is one you need to see today! Owner has spared no expense to renovate a basic Bi-level into something magnificent! Open floor plan that many buyers want today has already been constructed w/ state of the art dream kitchen, hard wood floors, new lighting and fresh paint. Kitchen features Custom soft touch cabinets, Carrera marble counter tops,wet bar,6 burner Thermador range,& center island that seats 6. Perfect for entertaining & keeping an eye on small children. All windows, gutters & roof replaced in 2017. 3 nice sized bedrooms on 2nd floor w/ large guest bath & new master bath. Escape downstairs to a family room with fireplace, full bath, laundry room, direct entry garage, new sliders to back yard and a 4th bedroom for guests or in-laws.
Unit Size
2,138 Ft²
Days on Market
-
Land Size
-
Price per sqft
$210
Property Type
House
Property Taxes
$718
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21803922)

Price History

Date / Event Date Event Price
Apr 19, 2018 Sold
Premium
Sold
Feb 2, 2018 Listed by Gloria Nilson & Co. Real Estate $449,500
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,480
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TARA ESTATES
  • Land Acres: 0000000424
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Old Bridge Township School District
  • Census Tract: 007910

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 3.13
  • Account Number: 02873000
  • District: 15
  • Parcel: 15 03236- 25-00004
  • Block: 3236.25
  • Lot: 4
  • Municipality: OLD BRIDGE TWP
  • Latitude: 40.4189
  • Longitude: -74.2498

    Address

  • Full Address: 7 Tara Dr
  • Address - House Number: 7
  • Address - Street Name: Tara
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C004
  • 4-Digit Zip Code: 3522
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $940,706

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 651,675
  • High Value: 762,380
  • Low Value: 540,969

    Market Valuation

  • Market Total Value: $175,800
  • Market Land Value: $58,900
  • Market Improvement Value: $116,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,800
  • Assessed Land Value: $58,900
  • Assessed Improvements Value: $116,900

    Sales

  • Current Sale Contract Date: Apr 10, 2018
  • Current Sale Recording Date: May 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201800040727
  • Previous Sale Recording Date: Jul 18, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $398,501
  • 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 Middlesex

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$346

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1542 ft²

Average Home Age

12.9 years

Currently For Sale

2916 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 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Carissa Marshall, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21803922
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 Tara Drive built and last sold?
The property at 7 Tara Drive was built in 1980 and last sold on Apr 10, 2018 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Tara Drive is $0.
What are some comparable homes to 7 Tara Drive?
There are currently no comparable homes to 7 Tara Drive.
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