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Monmouth
8 Brooklawn Drive
$547,900
● House - Off Market

8 Brooklawn Drive

Hazlet, NJ 07730
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,348 Ft²
$3,384
Est. Monthly
6.27%
Cap Rate

About This Property

Well cared for 3 bedroom home! Wood floors under carpet in Living Room; Dining Room and 3 bedrooms! Lower level has Family Room; Laundry Room with washer/dryer; and half bath! Gas water heater age 5 yrs. Two car garage! Private fenced yard with inground pool, gas BBQ and shed! Near Hazlet Train Station; Bus; Garden State Parkway; Ferry; Shopping; Restaurants; Beaches; Parks; Red Bank; PNC Bank Art Center; Bayshore Hospital
Unit Size
1,348 Ft²
Days on Market
28 days
Land Size
0.22 acres
Price per sqft
$392
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1961

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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: 5 months ago (CJMLS #2510334R)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Premium
Sold
Mar 13, 2025 Listed by VRI HOMES $529,000
Listed by VRI HOMES

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 40
  • 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: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 9,527
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hazlet Township School District
  • Census Tract: 802400

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 65
  • Account Number: 049999
  • District: 18
  • Parcel: 18 00238- 01-00010
  • Block: 238.01
  • Lot: 10
  • Municipality: HAZLET TWP
  • Latitude: 40.4158
  • Longitude: -74.1831

    Address

  • Full Address: 8 Brooklawn Dr
  • Address - House Number: 8
  • Address - Street Name: Brooklawn
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C015
  • 4-Digit Zip Code: 1609
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $942,844

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 524,040
  • High Value: 617,078
  • Low Value: 431,003

    Market Valuation

  • Market Total Value: $441,200
  • Market Land Value: $291,300
  • Market Improvement Value: $149,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,200
  • Assessed Land Value: $291,300
  • Assessed Improvements Value: $149,900
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:

$724,900

Sale Price/ft²

$383

Above Asking

0.55%

Average Days on Market

63

Average Home Size

1952 ft²

Average Home Age

44.9 years

Currently For Sale

2906 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 114 Luppatatong Avenue, Keyport, NJ, 07735

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,431 ft²
114 Luppatatong Avenue, Keyport, NJ, 07735 Listing by Charles Croce
Unit for rent at 163 2nd Street, Keyport, NJ, 07735

$3,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,408 ft²
163 2nd Street, Keyport, NJ, 07735 Listing by Robert Shaloo

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: HELEN M. GIANNONE
VRI HOMES
Last Updated: 5 months ago
Data Source: CJMLS , MLS# 2510334R

Frequently Asked Questions

When was property at 8 Brooklawn Drive built and last sold?
The property at 8 Brooklawn Drive was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Brooklawn Drive is $0.
What are some comparable homes to 8 Brooklawn Drive?
There are currently no comparable homes to 8 Brooklawn Drive.
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