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Union Beach 07735
722 7th Street
$695,000
● House - Off Market

722 7th Street

Union Beach, NJ 07735
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,400 Ft²
$701,073
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Gorgeous describes this 4 bedroom 3-1/2 bath Colonial. Open floor plan with hardwood flooring and 9 foot ceilings on the first level. Two Trex decks, one off the family room and the other off the kitchen. Vaulted ceilings in Primary bedroom and bath. Kitchen offers stainless steel  LG appliances, Quartz countertops, under cabinet lighting and breakfast nook. Custom gas fireplace in living room with windsor molding. Tilt wash windows , large closets and very spacious attic .Home also offers tankless hot water heater.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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: 2 years ago (MOMLS #22220740)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Jul 2, 2022 Listed by RE/MAX Imperial $699,900
Listed by RE/MAX Imperial

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1009
  • County Land Use Code: 1
  • Legal Description 1: FACILITY NAME: TAX LIEN FORECLOSURE

Neighborhood

  • School District Name: Union Beach Borough School District
  • Census Tract: 801800

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: TAX MAP 7
  • Account Number: 518
  • District: 50
  • Parcel: 50 00053-0000-00006
  • Block: 53
  • Lot: 6
  • Municipality: UNION BEACH BORO
  • Latitude: 40.449
  • Longitude: -74.1765

    Address

  • Full Address: 722 7th St
  • Address - House Number: 722
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C010
  • 4-Digit Zip Code: 2563
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $331,486

    Market Valuation

  • Market Total Value: $154,900
  • Market Land Value: $154,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,900
  • Assessed Land Value: $154,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 60886
  • Previous Sale Recording Date: Jun 05, 1961
  • Previous Sale Contract Date: Jun 05, 1961
  • 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 Union Beach

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1460 ft²

Average Home Age

73.1 years

Currently For Sale

37 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

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MOMMLS

Listed by: Angela Dorsi, RE/MAX Imperial
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22220740
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 722 7th Street built and last sold?
The property at 722 7th Street was built in 1950 and last sold on Jun 6, 2023 for $695,000.
How much is this home worth?
The estimated value of the home located at 722 7th Street is $0.
What are some comparable homes to 722 7th Street?
There are currently no comparable homes to 722 7th Street.
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