$5,938 Closing Credit¹
#22501355, Tracy Portaro, Listing Office: RE/MAX First Realty
$440,000 List price
28 Oak Ln New Egypt, NJ 08533
$5,225
Closing credit¹
4 beds
2 full
1,300 sqft
0.3 acres
$338 / sqft
Multi-Family
Property details
About 28 Oak Ln
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.
Highlights
Home typeDuplex
HeatingZoned
StatusActive
CoolingZoned
Size1,300 sqft
BasementYes
Lot size0.3 Acres
Year built1964
ParkingOff Street, None
MLS #22503835
ViewTrees/Woods
Summary
- MLS Number: 22503835
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Keller Williams Realty Monmouth/Ocean
- Listing Agent: Joseph Spinella
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$440,000
28 Oak Ln
$5,225
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 01, 2024 | Home Sold | $371,000 |
| Oct 30, 2020 | Home Sold | $243,800 |
| May 31, 2005 | Home Sold | $250,500 |
| Apr 12, 2001 | Home Sold | $118,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $169,600 | $4,923 |
| 2022 | $169,600 | $4,630 |
| 2021 | $169,600 | $4,533 |
| 2020 | $169,600 | $4,428 |
| 2019 | $169,600 | $4,412 |
History based on county public records data.
Nearby schools
6
Dr. Gerald H. Woehr Elementary School
Public District 2-5
1.0 mi
•44 N Main St
4
Endeavour Elementary School
Public District PK-4
2.4 mi
•1 School House Rd
4
North Hanover Township Upper Elementary School
Public District 5-6
2.8 mi
•351 Monmouth Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,403. Residents of New Egypt, NJ typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
24%
<35k
48%
35k-100k
27%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Soccer
College Football
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Express/Express For Men
Where do the neighbors go to eat?
Arbys
Jimmy Johns
Sonic
What do the neighbors drive?
GMC
Kia
Ram
What do the neighbors listen to?
Adult Hits
New Country
Contemporary Christian
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 28 Oak Ln in New Egypt, NJ and zip code 08533. This 1,300 square foot home, which was built in 1964, sits on a 0.30 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $440,000.
New Egypt, NJ housing market in January 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 4 sold below. The inventory of homes for sale in New Egypt, NJ between December and January 2025 decreased by 7%. While the average time on the market in January 2025 was 24 days, the median list price was $575,520.
From Rocket Homes Real Estate and based on county public records data.