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Monmouth 07728
9 Elmore Road
$385,000
● House - Off Market

9 Elmore Road

Freehold, NJ 07728
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,028 Ft²
$586,854
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

SPECTACULAR 4 BEDROOM, 2 BATH,  HOME SET ON PARK LIKE PROPERTY. HARDWOOD FLOORS, NEWER KITCHEN WITH GRANITE COUNTERTOPS & SLIDERS TO A BEAUTIFUL DECK OVERLOOKING THE BEAUTIFUL YARD COMPLETE WITH SALT WATER  INGROUND  POOL, NEW LINER, WATERFALL & SPA. 3 NICE SIZE BEDROOMS, NEWER BATHS. FIRST LEVEL HAS 2 ADDITIONAL ROOMS, 3/4 BATH WITH SLIDERS TO A NEW CONCRETE PATIO LEADING TO THE POOL & YARD.  2 CAR GARAGE, ALL NEW WINDOWS & DOORS IN 2005, NEW GARAGE DOOR & OPENERS, NEW FRONT STEPS & RAILINGS, NEW DRIVEWAY.
Unit Size
2,028 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$197
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1975

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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: 3 years ago (MOMLS #21914893)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
Apr 11, 2019 Listed by Keller Williams Realty West Monmouth $399,900
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 2
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 24,200
  • Lot Size Depth Feet: 2,420
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000556
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811102

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 7.05
  • Account Number: 061762
  • District: 21
  • Parcel: 21 00152-0000-00079- 02
  • Block: 152
  • Lot: 79.02
  • Municipality: HOWELL TWP
  • Latitude: 40.2077
  • Longitude: -74.2231

    Address

  • Full Address: 9 Elmore Rd
  • Address - House Number: 9
  • Address - Street Name: Elmore
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R002
  • 4-Digit Zip Code: 7844
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $864,964

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 608,124
  • High Value: 712,604
  • Low Value: 503,643

    Market Valuation

  • Market Total Value: $472,400
  • Market Land Value: $232,800
  • Market Improvement Value: $239,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,400
  • Assessed Land Value: $232,800
  • Assessed Improvements Value: $239,600

    Sales

  • Current Sale Contract Date: Jul 16, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019069213
  • Previous Sale Recording Date: Jan 08, 2004
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $295,000
  • 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:

$724,900

Sale Price/ft²

$384

Above Asking

0.55%

Average Days on Market

64

Average Home Size

1960 ft²

Average Home Age

45.2 years

Currently For Sale

3011 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 982 Nj-33, Freehold, NJ, 07728

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,882 ft²
982 Nj-33, Freehold, NJ, 07728 Listing by Susan Berbrick

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan Sepulveda, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21914893
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 9 Elmore Road built and last sold?
The property at 9 Elmore Road was built in 1975 and last sold on Jul 16, 2019 for $385,000.
How much is this home worth?
The estimated value of the home located at 9 Elmore Road is $424,637.
What are some comparable homes to 9 Elmore Road?
There are currently no comparable homes to 9 Elmore Road.
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