$216,600
●
House -
Off Market
9 CEDAR STREET
NEW EGYPT, NJ 08533
2 Beds
1 Bath
720 Ft²
$222,714
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Cash, 203 K or Conventional loan only...Why rent when you could
OWN? This is the perfect opportunity at an unmatched price. This 2
bedroom, 1 bath ranch home sits on .22 acres in the heart of
Plumsted Township. Beautiful laminate floors throughout, crown
molding, and recessed lighting add to the charm of this home.
Updated kitchen boasts stainless steel appliances and a neutral
color scheme. Both bedrooms offer plenty of natural light! Spacious
fenced yard is perfect for pets or little ones to play! Enjoy
summer nights around the built-in fire pit. This home offers
central air, has been freshly painted, is hooked up the sewer line,
and public water. Conveniently located within minutes to New
Egypt's main street. Better than condo/apartment living, this is
the home for you!
Unit Size
720 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$304
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1940
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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 (Bright MLS #NJOC2016558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2023 | Sold | ||
| Sold | |||
| Feb 19, 2023 | Listed by Keller Williams Premier | $218,900 | |
| Listed by Keller Williams Premier | |||
| | |||
|
Cash, 203 K or Conventional loan only...Why rent when you could OWN? This is the perfect opportunity at an unmatched price. This 2 bedroom, 1 bath ranch home sits on .22 acres in the heart of Plumsted Township. Beautiful laminate floors throughout, crown molding, and recessed lighting add to the charm of this home. Updated kitchen boasts stainless steel appliances and a neutral color scheme. Both bedrooms offer plenty of natural light! Spacious fenced yard is perfect for pets or little ones to play! Enjoy summer nights around the built-in fire pit. This home offers central air, has been freshly painted, is hooked up the sewer line, and public water. Conveniently located within minutes to New Egypt’s main street. Better than condo/apartment living, this is the home for you!
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Sold On
Sold On
HOA + Taxes
About New Egypt
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Currently no similar homes aroundNearby Rentals
Listed by: Anna Marie Comforte
Keller Williams Premier
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJOC2016558
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Premier
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJOC2016558
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