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Matawan 07747
9 Ryers Lane
$385,000
● House - Off Market

9 Ryers Lane

Matawan, NJ 07747
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$703,493
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

Payment Calculator

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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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Expenses Per Year
Operating Profit Per Year
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 #21601250)

Price History

Date / Event Date Event Price
Feb 22, 2016 Sold
Premium
Sold
Jan 10, 2016 Listed by Coldwell Banker Realty $399,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,900
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,166
  • Building Area: 2,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,166
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000342
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 803000

Zoning

  • Zoning: SF10

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 18290
  • District: 31
  • Parcel: 31 00122-0000-00017
  • Block: 122
  • Lot: 17
  • Municipality: MATAWAN BORO
  • Latitude: 40.3931
  • Longitude: -74.2394

    Address

  • Full Address: 9 Ryers Ln
  • Address - House Number: 9
  • Address - Street Name: Ryers
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Matawan
  • Carrier Code: C024
  • 4-Digit Zip Code: 3416
  • Zip Code: 07747

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,148,959

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 640,175
  • High Value: 758,862
  • Low Value: 521,489

    Market Valuation

  • Market Total Value: $528,500
  • Market Land Value: $314,500
  • Market Improvement Value: $214,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,500
  • Assessed Land Value: $314,500
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Contract Date: Jan 10, 2002
  • Current Sale Recording Date: Mar 06, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 06, 2002
  • Previous Sale Contract Date: Dec 04, 2001
  • Previous Sale Amount: $246,000
  • 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 Matawan

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1535 ft²

Average Home Age

69.7 years

Currently For Sale

19 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 41 W Aspen Way, Aberdeen, NJ, 07747

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,788 ft²
41 W Aspen Way, Aberdeen, NJ, 07747 Listing by Caterina F Bassani
Unit for rent at 117 Lexington Circle, Matawan, NJ, 07747

$4,200 /mo

  • 3 Beds
  • 2 Baths
117 Lexington Circle, Matawan, NJ, 07747 Listing by MARIA CAPPILLO

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Charles Mauer, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21601250
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 Ryers Lane built and last sold?
The property at 9 Ryers Lane was built in 1969 and last sold on Jan 10, 2002 for $264,000.
How much is this home worth?
The estimated value of the home located at 9 Ryers Lane is $0.
What are some comparable homes to 9 Ryers Lane?
There are currently no comparable homes to 9 Ryers Lane.
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