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Lakehurst 08733
714 Cedar Street
$220,000
● House - Off Market

714 Cedar Street

Lakehurst, NJ 08733
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$284,849
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Ready to move into this great home in Lakehurst. This 3 bedroom 3 level duplex home offers a modern kitchen, updated baths, updated floors and carpets and a full basement. Major expenses have all been taken care of for the new owners, The furnace and central air are only 2 years old Hot water heater 5 years and the floors and carpets updated in the last two years. The backyard  is fantastic with a huge covered deck for outdoor entertaining, a wood shed and lots of yard to enjoy outdoor activities. There is a full basement partially finished with closets and a family room. There is also attic space that has plywood flooring. This great home boasts lots of storage space and parking for 4 cars. The deck and entries to the home are constructed from composite decking for low maintenance .
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$123
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1977

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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 #22033622)

Price History

Date / Event Date Event Price
Nov 18, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by Crossroads Realty Manchester $214,900
Listed by Crossroads Realty Manchester

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,588
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 375
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lakehurst Borough School District
  • Census Tract: 721000

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 14
  • Parcel: 14 00016-0000-00012
  • Block: 16
  • Lot: 12
  • Municipality: LAKEHURST BORO
  • Latitude: 40.013
  • Longitude: -74.3275

    Address

  • Full Address: 714 Cedar St
  • Address - House Number: 714
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Lakehurst
  • Carrier Code: C001
  • 4-Digit Zip Code: 2704
  • Zip Code: 08733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,878

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 325,780
  • High Value: 388,817
  • Low Value: 262,743

    Market Valuation

  • Market Total Value: $221,400
  • Market Land Value: $60,000
  • Market Improvement Value: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,400
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $161,400

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020146582
  • Previous Sale Recording Date: Feb 26, 1990
  • Previous Sale Contract Date: Feb 26, 1990
  • Previous Sale Amount: $85,500
  • 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 Lakehurst

Stats & Trends

Median Asking:

$372,000

Sale Price/ft²

$318

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1216 ft²

Average Home Age

68 years

Currently For Sale

7 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 110 Union Avenue, Lakehurst, NJ, 08733

$1,700 /mo

  • 2 Beds
  • 1 Bath
110 Union Avenue #B, Lakehurst, NJ, 08733 Listing by Shao Ma

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dawn M White, Crossroads Realty Manchester
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22033622
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 714 Cedar Street built and last sold?
The property at 714 Cedar Street was built in 1977 and last sold on Nov 9, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 714 Cedar Street is $232,207.
What are some comparable homes to 714 Cedar Street?
There are currently no comparable homes to 714 Cedar Street.
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