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318 Hollow Rd, Skillman, NJ, 08558

$498,000

Home List Price

$5,914*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,526 SqFt
$326/SqFt
House
Schools Nearby

Location

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318 Hollow Rd, Skillman$498,000

Buyer Closing Credits

$5,914*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingPaved, Driveway, None
Year Built1910
CoolingMulti Unit(s)
BasementYes
WaterfrontStream
ViewTrees/Woods, Creek/Stream
MLS #22411137
Lot Size2.50 Acres
StatusActive

About 318 Hollow Rd

Experience the epitome of luxury living in the highly-desirable Montgomery Township! This historic gem awaits its grand transformation. Originally built in 1910, this 4-bedroom, 1.5-bathroom home has been meticulously gutted and is now available for your custom finishing. Situated on a sprawling 2.5-acre lot, this property offers endless possibilities. With a high ARV (after repair value), this is a rare opportunity to create your dream estate in a wooded wonderland. Take advantage of the virtual tour to envision the stunning potential of this magnificent property.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Stories: 3
  • Living Area: 1,526 SqFt

Listing Office:

  • Office Name: EXIT Realty East Coast Shirvanian
  • Listing Agent: Mary Hart

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Attic - Walk Up

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Stream
  • View: Trees/Woods, Creek/Stream
  • Exterior: Deck, Porch - Enclosed

Parking Information:

  • Attached Garage: No
  • Parking: Paved, Driveway, None

Virtual/3D Tour

  • 3D Tour: 318 Hollow Rd

3D Tour

Lot Features

Lot Information:

  • Lot: Wooded Back, Trees
  • Lot Size: 2.50 Acres

Utilities

Utilities Information:

  • Cooling: Multi Unit(s)

School Info

Assigned Schools Information:

  • Montgomery High School, Public District Grades 9-12
  • Montgomery Upper Middle School, Public District Grades 7-8
  • Montgomery Lower Middle School, Public District Grades 5-6
  • Village Elementary School, Public District Grades 3-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,000
  • Price Per SqFt: $326/SqFt

Tax Information:

  • Annual Amount: $10,974
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Skillman, NJ.

Med. Sold Price

$975K

Med. Price/SqFt

$327

Avg. Days On Market

9

# of Sold Homes

7

318 Hollow Rd vs Skillman

35 DAYS ON ROCKET

+26 Days

$498,000

-$477K Less

$326/SqFt

-$2 Less

KEY TAKEAWAY

This property is $477K less than the Median Sold Price and $2/SqFt less than other homes in Skillman, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22411137

Listing Office:

  • Office Name: EXIT Realty East Coast Shirvanian
  • Listing Agent: Mary Hart

IDX 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 © 2024 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: 5/29/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 18, 2004Home Sold
$391,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,974$351,300
2019$10,791$351,300
2018$10,792$351,300
2017$10,627$351,300

History based on county public records data.

Payment Calculator

$2,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,560

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4287805
7
/10
  • Village Elementary School

  • 100 Main Blvd

  • 2.08 miles

  • Public District Grades 3-4

Middle School

school-card-donut-4287806
6
/10
  • Montgomery Upper Middle School

  • 375 Burnt Hill Rd

  • 2.67 miles

  • Public District Grades 7-8

school-card-donut-4287807
6
/10
  • Montgomery Lower Middle School

  • 373 Burnt Hill Rd

  • 2.75 miles

  • Public District Grades 5-6

High School

school-card-donut-4287808
7
/10
  • Montgomery High School

  • 1016 Route 601

  • 1.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,000. Typical income of Skillman, NJ residents is between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 318 Hollow Rd

What is the listing price of this property?

The listing price of 318 Hollow Rd property is $498,000.

What type of property is this?

The property 318 Hollow Rd is a house located in Skillman, New Jersey, 08558.

Is this property for sale now?

Active Listing: 318 Hollow Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 318 Hollow Rd are:
Village Elementary School: GreatSchools Rating 7/10
Montgomery Upper Middle School: GreatSchools Rating 6/10
Montgomery Lower Middle School: GreatSchools Rating 6/10
Montgomery High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,974 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 18, 2004 for $391,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 318 Hollow Rd has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 318 Hollow Rd is 1,526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 Hollow Rd is 1910.

Rocket HomesNew JerseySomerset CountySkillman08558318 Hollow Rd

This home is located at 318 Hollow Rd in Skillman, NJ and zip code 08558. This 1,526 square foot home, which was built in 1910, sits on a 2.50 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $498,000.

While more than 6 listings in Skillman, NJ in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The number of homes for sale in Skillman, NJ increased by 36.4% between March 2024 and April 2024. In April 2024, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $975,000.

From Rocket Homes Real Estate and based on county public records data.

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