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Monmouth 07726
8 Brookview Lane
$310,000
● House - Off Market

8 Brookview Lane

Manalapan, NJ 07726
bedrooms
3 Beds
bathrooms
2 Baths
$489,522
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Beautiful 3 bedroom home offering spacious rooms, beautiful eat-in kitchen with full appliance package, 2 full baths, fenced yard with above ground pool(2017, storage shed, full basement and Manalapan school systems! All this and only moments from all means of transportation, shopping and much more!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1991

Payment Calculator

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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 #21741261)

Price History

Date / Event Date Event Price
Apr 20, 2018 Sold
Premium
Sold
Oct 27, 2017 Listed by Gloria Nilson & Co. Real Estate $319,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,460
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810001

Zoning

  • Zoning: SF0

Geography

  • Assessors Map Reference: TAX MAP 10.1
  • District: 28
  • Parcel: 28 02906-0000-00013- 01
  • Block: 2906
  • Lot: 13.01
  • Municipality: MANALAPAN TWP
  • Latitude: 40.3199
  • Longitude: -74.3578

    Address

  • Full Address: 8 Brookview Ln
  • Address - House Number: 8
  • Address - Street Name: Brookview
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C019
  • 4-Digit Zip Code: 3886
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $670,688

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 533,590
  • High Value: 637,306
  • Low Value: 429,874

    Market Valuation

  • Market Total Value: $403,300
  • Market Land Value: $187,900
  • Market Improvement Value: $215,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,300
  • Assessed Land Value: $187,900
  • Assessed Improvements Value: $215,400

    Sales

  • Current Sale Contract Date: Apr 17, 2018
  • Current Sale Recording Date: May 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018045990
  • Previous Sale Recording Date: Dec 20, 2007
  • Previous Sale Contract Date: Dec 04, 2007
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

63

Average Home Size

1949 ft²

Average Home Age

45.1 years

Currently For Sale

2738 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 276 Longwood Drive, Manalapan, NJ, 07726

$3,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,314 ft²
276 Longwood Drive, Manalapan, NJ, 07726 Listing by Svetlana Kim
Unit for rent at 21 English Club Drive, Manalapan, NJ, 07726

$3,250 /mo

  • 3 Beds
  • 1 Bath
21 English Club Drive, Manalapan, NJ, 07726 Listing by Aleksandr Pritsker

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna L Markowitz, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21741261
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 8 Brookview Lane built and last sold?
The property at 8 Brookview Lane was built in 1991 and last sold on Apr 17, 2018 for $310,000.
How much is this home worth?
The estimated value of the home located at 8 Brookview Lane is $0.
What are some comparable homes to 8 Brookview Lane?
There are currently no comparable homes to 8 Brookview Lane.
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