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Monmouth 07748
768 Park Avenue
$340,000
● House - Off Market

768 Park Avenue

Middletown, NJ 07748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,210 Ft²
$805,788
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

LOOKING FOR ROOM TO ROME, MUST SEE THIS FOUR BEDROOM 2.5 BATH COLONIAL. GENEROUS SIZED ROOMS AND SOME WITH HARDWOOD. GRANITE COUNTERS AND GLASS TILE BACK SPLASH IN THE KITCHEN. MASTER BEDROOM WITH WALK IN CLOSET. NEWER MAIN BATH WITH SEPARATE SHOWER. LOCATED ON ONE OF MIDDLETOWNS PRETTIEST STREETS. PARK-LIKE PROPERTY 123X271 WITH IN-GROUND POOL. TWO CAR GARAGE TOO! MAKE THIS HOME YOUR OWN.
Unit Size
2,210 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$721
HOA Dues
-
Year Built
1968

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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 #21200616)

Price History

Date / Event Date Event Price
Aug 30, 2012 Sold
Premium
Sold
Jan 5, 2012 Listed by VRI Homes $374,428
Listed by VRI Homes

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 832
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,333
  • Lot Size Depth Feet: 2,710
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 2,210
  • Building Area: 2,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000765
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Middletown Township School District
  • Census Tract: 800800

Zoning

  • Zoning: R22

Geography

  • Assessors Map Reference: TAX MAP 87
  • Account Number: 8-4-2.5
  • District: 32
  • Parcel: 32 00640- 01-00056
  • Block: 640.01
  • Lot: 56
  • Municipality: MIDDLETOWN TWP
  • Latitude: 40.4059
  • Longitude: -74.0892

    Address

  • Full Address: 768 Park Ave
  • Address - House Number: 768
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belford
  • Carrier Code: C005
  • 4-Digit Zip Code: 1135
  • Zip Code: 07718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $980,232

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 699,837
  • High Value: 830,619
  • Low Value: 569,055

    Market Valuation

  • Market Total Value: $564,000
  • Market Land Value: $315,200
  • Market Improvement Value: $248,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,000
  • Assessed Land Value: $315,200
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Contract Date: Aug 29, 2012
  • Current Sale Recording Date: Sep 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012094070
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 Monmouth

Stats & Trends

Median Asking:

$740,990

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2021 ft²

Average Home Age

45.3 years

Currently For Sale

1830 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

Rentals Near You

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MOMMLS

Listed by: Sandra L Ferko, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21200616
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 768 Park Avenue built and last sold?
The property at 768 Park Avenue was built in 1968 and last sold on Aug 29, 2012 for $340,000.
How much is this home worth?
The estimated value of the home located at 768 Park Avenue is $0.
What are some comparable homes to 768 Park Avenue?
There are currently no comparable homes to 768 Park Avenue.
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