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Monmouth 07753 Neptune
707 Fairview Avenue
$162,500
● House - Off Market

707 Fairview Avenue

Neptune Township, NJ 07753
bedrooms
3 Beds
bathrooms
2 Baths
$335,268
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Handyman Special! Bring your vision and your toolbelt! This sturdy brick ranch can easily be restored back to its original state with alittle TLC. Oversized lot offers easy access to Route 18 and the Garden State Parkway!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
1969

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: 3 years ago (MOMLS #21526268)

Price History

Date / Event Date Event Price
Nov 1, 2016 Sold
Premium
Sold
Jul 5, 2015 Listed by Chris Smith Realty $199,000
Listed by Chris Smith Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,428
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,080
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PF ASBURY PARK GARDENS
  • Land Acres: 0000000576
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 7-10,25-31

Neighborhood

  • School District Name: Neptune Township School District
  • Census Tract: 807900

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 46.4
  • Account Number: 00047489
  • District: 35
  • Parcel: 35 02809-0000-00002
  • Block: 2809
  • Lot: 2
  • Municipality: NEPTUNE TWP
  • Latitude: 40.2085
  • Longitude: -74.0671

    Address

  • Full Address: 707 Fairview Ave
  • Address - House Number: 707
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Neptune
  • Carrier Code: C010
  • 4-Digit Zip Code: 3549
  • Zip Code: 07753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $890,177

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 505,180
  • High Value: 608,888
  • Low Value: 401,472

    Market Valuation

  • Market Total Value: $492,900
  • Market Land Value: $230,600
  • Market Improvement Value: $262,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,900
  • Assessed Land Value: $230,600
  • Assessed Improvements Value: $262,300

    Sales

  • Current Sale Contract Date: Apr 20, 2006
  • Current Sale Recording Date: May 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 01, 2006
  • Previous Sale Contract Date: Apr 20, 2006
  • 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 Neptune

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$416

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1611 ft²

Average Home Age

70.3 years

Currently For Sale

75 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 302 Graham Avenue, Neptune Township, NJ, 07753

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,466 ft²
302 Graham Avenue, Neptune Township, NJ, 07753 Listing by Charles Croce
Unit for rent at 17 Forrest Court, Tinton Falls, NJ, 07753

$3,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,463 ft²
17 Forrest Court, Tinton Falls, NJ, 07753 Listing by Dana Yenesel

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathleen Cunningham, Chris Smith Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21526268
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 707 Fairview Avenue built and last sold?
The property at 707 Fairview Avenue was built in 1969 and last sold on Apr 20, 2006 for $300,000.
How much is this home worth?
The estimated value of the home located at 707 Fairview Avenue is $0.
What are some comparable homes to 707 Fairview Avenue?
There are currently no comparable homes to 707 Fairview Avenue.
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