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Monmouth 07731
96 Newbury Road
$525,000
● House - Off Market

96 Newbury Road

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,666 Ft²
$3,219
Est. Monthly
8.14%
Cap Rate

About This Property

Welcome to the Candlewood section of Howell, one of Howells most requested neighborhoods. Featuring 4 bedrooms, 2 full bathrooms, hardwood floors, a newer spacious kitchen with granite counters, a high efficient furnace (95 AFUE), energy saving heat pump, newer hot water heater, newer roof, new gutters, and fireplace. New back deck to enjoy morning coffee or an evening beverage!  Plenty of room in the expansive & level backyard (1/3-acre 150x100) for a pool, tennis/pickleball court, garden or just to enjoy.  The quintessential perfect home for a new family, downsizers, or multi-generational living, with a bedroom and full bathroom on the 1st floor.  Opportunity is knocking.... will you answer?  Schedule your visit today! Room sizes are approximate and square footage from the tax records.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$315
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1965

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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 #22328922)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Oct 16, 2023 Listed by C21 Thomson & Co. $525,000
Listed by C21 Thomson & Co.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 600
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811401

Zoning

  • Zoning: R-3A

Geography

  • Assessors Map Reference: TAX MAP 4.09
  • Account Number: 017890
  • District: 21
  • Parcel: 21 00035- 30-00008
  • Block: 35.30
  • Lot: 8
  • Municipality: HOWELL TWP
  • Latitude: 40.1485
  • Longitude: -74.2093

    Address

  • Full Address: 96 Newbury Rd
  • Address - House Number: 96
  • Address - Street Name: Newbury
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: C003
  • 4-Digit Zip Code: 2151
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858,107

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 550,452
  • High Value: 657,975
  • Low Value: 442,929

    Market Valuation

  • Market Total Value: $461,100
  • Market Land Value: $257,200
  • Market Improvement Value: $203,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,100
  • Assessed Land Value: $257,200
  • Assessed Improvements Value: $203,900

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 458
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:

$739,900

Sale Price/ft²

$386

Above Asking

0.00%

Average Days on Market

70

Average Home Size

1967 ft²

Average Home Age

45.5 years

Currently For Sale

1825 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 43 Frederick Avenue, Howell, NJ, 07731

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
43 Frederick Avenue, Howell, NJ, 07731 Listing by Natalie Pantelo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Steven J Kozusko, C21 Thomson & Co.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22328922
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 96 Newbury Road built and last sold?
The property at 96 Newbury Road was built in 1965 and last sold on Dec 28, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 96 Newbury Road is $537,228.
What are some comparable homes to 96 Newbury Road?
There are currently no comparable homes to 96 Newbury Road.
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