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Monmouth
83 Hazlet Avenue
$440,000
● House - Off Market

83 Hazlet Avenue

Hazlet, NJ 07730
bedrooms
5 Beds
bathrooms
3 Baths
$757,156
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Huge Price Reduction!!Now is your chance to make an offer!!This property has it all!! Completely renovated Mother/Daughter in a great location. Home was redone in 2006 down to the studs!! Upstairs kitchen is updated with granite and stainless steel appliances. Two full baths upper level have been redone and there is HWD floors and recessed lighting through out. Downstairs kitchen also updated with redone full bath and two generous size bedrooms. Family room has been extended for spacious entertaining. All this plus a beautiful deck that over looks generous yard with a pool and gorgeous paver patio. Backyard is private and perfect for relaxing and entertaining. Your clients will not be disappointed!! This home is great for either an extended family or growing family!!
Unit Size
-
Days on Market
78 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$734
HOA Dues
-
Year Built
1973

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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 #21603059)

Price History

Date / Event Date Event Price
Oct 14, 2016 Sold
Premium
Sold
Jan 27, 2016 Listed by RE/MAX Imperial $449,000
Listed by RE/MAX Imperial

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 242
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 9,021
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,566
  • Building Area: 2,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,566
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: THE RAISED RANCHER

Neighborhood

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

Zoning

  • Zoning: R70

Geography

  • Assessors Map Reference: TAX MAP 66
  • Account Number: 049254
  • District: 18
  • Parcel: 18 00234-0000-00029
  • Block: 234
  • Lot: 29
  • Municipality: HAZLET TWP
  • Latitude: 40.4183
  • Longitude: -74.1858

    Address

  • Full Address: 83 Hazlet Ave
  • Address - House Number: 83
  • Address - Street Name: Hazlet
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hazlet
  • Carrier Code: C015
  • 4-Digit Zip Code: 1637
  • Zip Code: 07730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,175,350

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 756,406
  • High Value: 929,013
  • Low Value: 583,799

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $213,000
  • Market Improvement Value: $337,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $550,000
  • Assessed Land Value: $213,000
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Contract Date: Oct 05, 2016
  • Current Sale Recording Date: Oct 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016103457
  • Previous Sale Recording Date: Jun 29, 2006
  • Previous Sale Contract Date: Jun 09, 2006
  • Previous Sale Amount: $500,000
  • 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:

$739,999

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2017 ft²

Average Home Age

45.6 years

Currently For Sale

1757 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: Laura Piccinich, RE/MAX Imperial
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21603059
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 83 Hazlet Avenue built and last sold?
The property at 83 Hazlet Avenue was built in 1973 and last sold on Oct 5, 2016 for $440,000.
How much is this home worth?
The estimated value of the home located at 83 Hazlet Avenue is $453,490.
What are some comparable homes to 83 Hazlet Avenue?
There are currently no comparable homes to 83 Hazlet Avenue.
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