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Monmouth 07726
8 Templar Road
$670,000
● House - Off Market

8 Templar Road

Manalapan, NJ 07726
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,721 Ft²
$1,007,243
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Absolutely gorgeous large 4 bedroom 2.5 bath colonial in the heart of Manalapan.  Beautiful entry foyer with shadowbox moulding and crystal chandelier leads to gourmet kitchen completely updated with cherry wood cabinets,granite countertops, center island, SS appliances along with a built-in breakfast nook. Large family room with fireplace. Large formal living and dining room with cherry wood floors. All bathrooms have been renovated including master bath with claw tub and rain shower. Basement is fully finished (approx 1600sf).  Stunning country club backyard oasis with salt water inground pool, separate hot tub and fire pit all backing up to woods for complete privacy.  Perfect for entertaining. Top rated schools and close to shopping and houses of worship.  Must see to believe.
Unit Size
2,721 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$244
Property Type
House
Property Taxes
$916
HOA Dues
-
Year Built
1994

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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: 2 years ago (MOMLS #21828609)

Price History

Date / Event Date Event Price
Oct 11, 2018 Sold
Premium
Sold
Jul 19, 2018 Listed by Weichert Realtors-Manalapan $665,000
Listed by Weichert Realtors-Manalapan

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,374
  • Garage Type: 10
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,075
  • Lot Size Depth Feet: 2,010
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,642
  • Building Area: 2,642
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,642
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: SF20

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 28
  • Parcel: 28 00308-0000-00001
  • Block: 308
  • Lot: 1
  • Municipality: MANALAPAN TWP
  • Latitude: 40.3416
  • Longitude: -74.3306

    Address

  • Full Address: 8 Templar Rd
  • Address - House Number: 8
  • Address - Street Name: Templar
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manalapan
  • Carrier Code: C014
  • 4-Digit Zip Code: 1726
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,387,443

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 923,544
  • High Value: 1,094,133
  • Low Value: 752,955

    Market Valuation

  • Market Total Value: $833,800
  • Market Land Value: $295,800
  • Market Improvement Value: $538,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $833,800
  • Assessed Land Value: $295,800
  • Assessed Improvements Value: $538,000

    Sales

  • Current Sale Contract Date: Sep 27, 2018
  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018105409
  • Previous Sale Recording Date: Oct 07, 1993
  • Previous Sale Contract Date: Sep 28, 1993
  • Previous Sale Amount: $240,200
  • 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 Monmouth

Stats & Trends

Median Asking:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.2 years

Currently For Sale

1810 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 1 Audrey Street, Old Bridge, NJ, 08857

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,404 ft²
1 Audrey Street, Old Bridge, NJ, 08857 Listing by SUREKHA RAGHURAM

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christine Winters, Weichert Realtors-Manalapan
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21828609
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 Templar Road built and last sold?
The property at 8 Templar Road was built in 1994 and last sold on Sep 27, 2018 for $670,000.
How much is this home worth?
The estimated value of the home located at 8 Templar Road is $692,435.
What are some comparable homes to 8 Templar Road?
There are currently no comparable homes to 8 Templar Road.
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