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Hackettstown 07840
9 Herbert Ln
$500,000
● House - Off Market

9 Herbert Ln

Hackettstown Town, NJ 07840
bedrooms
4 Beds
bathrooms
2 Baths
$2,357
Est. Monthly
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

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 (GSMLS #3930360)

Price History

Date / Event Date Event Price
Dec 12, 2024 Sold
Premium
Sold
Nov 8, 2024 In contract -
In contract

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,075
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hackettstown Town School District
  • Census Tract: 031402

Zoning

  • Zoning: R125

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 08
  • Parcel: 08 00131-0000-00018
  • Block: 131
  • Lot: 18
  • Municipality: HACKETTSTOWN TOWN
  • Latitude: 40.8337
  • Longitude: -74.8285

    Address

  • Full Address: 9 Herbert Ln
  • Address - House Number: 9
  • Address - Street Name: Herbert
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Hackettstown
  • Carrier Code: C024
  • 4-Digit Zip Code: 2503
  • Zip Code: 07840

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $862,349

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 416,852
  • High Value: 505,789
  • Low Value: 327,915

    Market Valuation

  • Market Total Value: $264,200
  • Market Land Value: $114,100
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,200
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $150,100

    Sales

  • Current Sale Contract Date: Aug 05, 1994
  • Current Sale Recording Date: Aug 11, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 053134
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 Hackettstown

Stats & Trends

Median Asking:

$474,500

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

21

Average Home Size

1347 ft²

Average Home Age

50.1 years

Currently For Sale

25 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 Harmony Lane, Mansfield, NJ, 07840

$4,300 /mo

  • 4 Beds
  • 2 Baths
1 Harmony Lane, Mansfield, NJ, 07840 Listing by SUSAN MCCANN

Rentals Near You

Click here to view more rentals in the neighborhood.
GSMLS

Last Updated: 2 years ago
Data Source: GSMLS, MLS# 3930360
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. 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 Herbert Lane built and last sold?
The property at 9 Herbert Lane was built in 1961 and last sold on Aug 5, 1994 for $134,900.
How much is this home worth?
The estimated value of the home located at 9 Herbert Lane is $333,300.
What are some comparable homes to 9 Herbert Lane?
There are currently no comparable homes to 9 Herbert Lane.
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