28 Oak Ln New Egypt, NJ 08533
Estimated payment $2,759/month
Highlights
- Wood Flooring
- Zoned Heating and Cooling
- Level Lot
- Landscaped with Trees
- Fenced
- 1-Story Property
About This Home
Newly renovated duplex in New Egypt, NJ, offering an excellent investment opportunity. Live in one unit while collecting rent from the other, or enjoy turnkey cash flow as a full-time investor. The property features a large front and back yard with ample parking, located just five miles from McGuire Air Force Base, making it highly attractive to military tenants.
Recent upgrades include a brand-new roof, updated bathtub in Unit A, a reverse osmosis water filtration system for Unit B, and a fully rebuilt crawl space with retaining walls, new water heaters, sump pumps, and plumbing.
Both units are rented. This is a solid investment opportunity ready to generate income immediately.
Listing Agent
Keller Williams Realty Monmouth/Ocean License #1754505 Listed on: 02/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,276
Year Built
- Built in 1964
Lot Details
- 0.3 Acre Lot
- Fenced
- Level Lot
- Landscaped with Trees
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,300 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Linoleum
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Off-Street Parking
Schools
- New Egypt Middle School
- New Egypt High School
Utilities
- Zoned Heating and Cooling
- Well
- Electric Water Heater
- Septic Tank
Community Details
- 2 Units
- Plumsted Ridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-00095-0000-00073
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,276 | $169,600 | $86,600 | $83,000 |
| 2024 | $4,923 | $169,600 | $86,600 | $83,000 |
| 2023 | $4,698 | $169,600 | $86,600 | $83,000 |
| 2022 | $4,698 | $169,600 | $86,600 | $83,000 |
| 2021 | $4,533 | $169,600 | $86,600 | $83,000 |
| 2020 | $4,428 | $169,600 | $86,600 | $83,000 |
| 2019 | $4,337 | $169,600 | $86,600 | $83,000 |
| 2018 | $4,413 | $169,600 | $86,600 | $83,000 |
| 2017 | $4,337 | $169,600 | $86,600 | $83,000 |
| 2016 | $4,274 | $169,600 | $86,600 | $83,000 |
| 2015 | $4,154 | $169,600 | $86,600 | $83,000 |
| 2014 | $4,057 | $169,600 | $86,600 | $83,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2025 05/08/25 | Pending | -- | -- | -- | |
| 02/11/2025 02/11/25 | For Sale | $440,000 | +20.5% | $338 / Sq Ft | |
| 09/08/2023 09/08/23 | Sold | $365,000 | +1.4% | -- | View Prior Sale |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- | |
| 06/28/2023 06/28/23 | For Sale | $360,000 | +47.7% | -- | |
| 10/09/2020 10/09/20 | Sold | $243,800 | -2.4% | $188 / Sq Ft | View Prior Sale |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- | |
| 07/20/2020 07/20/20 | For Sale | $249,900 | -- | $192 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $371,000 | Catic Title | |
| Bargain Sale Deed | $371,000 | Catic Title | |
| Warranty Deed | $243,800 | Counsellors Title Agency Inc | |
| Deed | $243,800 | Land Title | |
| Deed | $250,500 | -- | |
| Deed | $118,000 | -- | |
| Deed | $118,000 | -- | |
| Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $364,280 | New Conventional | |
| Previous Owner | $239,384 | New Conventional | |
| Previous Owner | $200,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $116,176 | FHA | |
| Previous Owner | $76,000 | No Value Available | |
| Closed | $25,000 | No Value Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22503835
APN: 24-00095-0000-00073
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