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Carteret 07008
99 Markowitz Street
$475,000
● House - Off Market

99 Markowitz Street

Carteret, NJ 07008
bedrooms
4 Beds
bathrooms
2 Baths
$531,372
RealtyHop Estimate
18.11%
Since Oct 1, 2021
NY-New York
Primary Model

About This Property

Beautiful renovated Monroe Estates Split-level. Hardwood floors in the 2nd & 3rd level. Lower level has a wood-burning fireplace in the extended Family room. There is crown molding throughout most of the rooms. Chair-rails and picture molding in the living room and dining room. Beautiful main bath on third level. Kitchen with Maple cabinets and Granite counter-tops. Great floor-plan. New shed coming in the rear yard. Manicure lawn and young shrubbery show pride of ownership. 1st showing=7/7/2021 Best offer due by 3pm on 7/11/21
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1925

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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: 4 years ago (CJMLS #2200122R)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 2, 2021 Listed by COLDWELL BANKER REALTY $449,900
Listed by COLDWELL BANKER REALTY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,831
  • Building Area: 1,831
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,831
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MONROE ESTATES SEC 02
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Carteret Borough School District
  • Census Tract: 003801

Zoning

  • Zoning: R50

Geography

  • District: 01
  • Parcel: 01 04103-0000-00009
  • Block: 4103
  • Lot: 9
  • Municipality: CARTERET BORO
  • Latitude: 40.5792
  • Longitude: -74.2366

    Address

  • Full Address: 99 Markowitz St
  • Address - House Number: 99
  • Address - Street Name: Markowitz
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Carteret
  • Carrier Code: C009
  • 4-Digit Zip Code: 1634
  • Zip Code: 07008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $869,156

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 547,978
  • High Value: 646,052
  • Low Value: 449,904

    Market Valuation

  • Market Total Value: $287,800
  • Market Land Value: $138,500
  • Market Improvement Value: $149,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,800
  • Assessed Land Value: $138,500
  • Assessed Improvements Value: $149,300

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021122846
  • Previous Sale Recording Date: Sep 01, 2005
  • Previous Sale Contract Date: Aug 11, 2005
  • Previous Sale Amount: $370,000
  • 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 Carteret

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$358

Below Asking

0.01%

Average Days on Market

81

Average Home Size

987 ft²

Average Home Age

-

Currently For Sale

43 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 50 Chestnut Street, Avenel, NJ, 07001

$3,200 /mo

  • 3 Beds
  • 2 Baths
50 Chestnut Street, Avenel, NJ, 07001 Listing by OLATUBOSUN MODILE
Unit for rent at 36 2nd Avenue, Port Reading, NJ, 07064

$3,000 /mo

  • 4 Beds
  • 1 Bath
36 2nd Avenue #B, Port Reading, NJ, 07064 Listing by YOUSUF S. SYED

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: PATRICIA JOHNSON
COLDWELL BANKER REALTY
Last Updated: 4 years ago
Data Source: CJMLS , MLS# 2200122R

Frequently Asked Questions

When was property at 99 Markowitz Street built and last sold?
The property at 99 Markowitz Street was built in 1925 and last sold on Sep 21, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 99 Markowitz Street is $454,399.
What are some comparable homes to 99 Markowitz Street?
There are currently no comparable homes to 99 Markowitz Street.
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