$619,000
●
House -
For Sale
709 Park Avenue
Middletown, NJ 07748
3 Beds
1 Bath,
1
Half Bath
$3,836
Est. Monthly
About This Property
Welcome to this immaculate 3-bedroom, 1.5-bath ranch home that
seamlessly combines comfort, function, and style! Step inside to
find classic hwd floors flowing through the main level,
complemented by custom shades in the living room, primary bedroom,
and sunroom. The light-filled natural light sunroom offers the
perfect sanctuary for morning coffee or evening relaxation. The
kitchen and laundry areas come equipped with a brand-new
dishwasher, microwave, washer, and dryer-giving you peace of mind
from day one. The lower level features a spacious full finished
basement with convenient walk-out access directly to the garage,
offering endless possibilities for a home gym, rec space, or
extended living area. enjoy outdoor privacy in your fully fenced
yard, ideal for entertaining, pets or play
Unit Size
-
Days on Market
40 days
Land Size
0.44 acres
Price per sqft
-
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1954
Listed By
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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: 30 days ago (MOMLS #22630278)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by C21 Thomson & Co. | $619,000 | |
| Listed by C21 Thomson & Co. | |||
| Mar 10, 2023 | Sold | ||
| Sold | |||
| Jan 15, 2023 | Listed by Keller Williams Realty Ocean Living | $459,000 | |
| Listed by Keller Williams Realty Ocean Living | |||
| | |||
|
This lovely move-in ready 3 bedroom, 1.5 bath hi-ranch home sits on a corner property, surrounded by trees, on over .44 of an acre in the New Monmouth section of Middletown. All the windows have recently been upgraded to Anderson windows for efficiency. The home also features an updated roof, freshly painted rooms, a new Amish-built shed, a finished basement with 2 rooms, a utility/laundry room, and a garage with direct entry into the basement. There is also a stunning 4-season sunroom that exudes peace & tranquility. Plus, it has a private fenced-in backyard. Quiet area across from a farm and close to major transportation (ferry/train/bus), schools, restaurants & shopping.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Rooms: 8
Basement: Finished, Heated
Exterior Details
Architectural Style: Ranch
Year Built: 1954
Other Structures: Shed(s)
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Size Square Feet: 19166.4
Lot Size Dimensions: 156 x 125
Water Source: Public
Financial Details
Tax Assessed Value: $624,800
Tax Annual Amount: $9,548
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Monmouth
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Listed by: Erin Yetman, C21 Thomson & Co.
Last Updated: 30 days ago
Data Source: MOMMLS, MLS# 22630278
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.
Last Updated: 30 days ago
Data Source: MOMMLS, MLS# 22630278
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