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Ocean 08005
1 Freedom Hills Drive
$470,000
● House - Off Market

1 Freedom Hills Drive

Barnegat, NJ 08005
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,917 Ft²
$584,357
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Welcome to this Beautiful Home, built on a PREMIUM LOT by K-Hovanian is located at the desirable Manor at Freedom Hills.  This Stunning Colonial features a Dazzling front porch, Open Floor plan, Great Room with 18ft Ceilings and a gas fire place,  Eat in kitchen, 42 inch cabinets, granite  and  a center island and breakfast area, DR, LR, Office/Den/5th Bedroom, and a full bath on the 1st floor, 4 Bedrooms on the 2nd floor, includes a Master Suite, MB and walk in closet, fully finished basement with a roughed out bathroom.   Sliders lead out to a large  private wooded backyard.  short distance to Barnegat Bay and Long Beach Island.  Don't miss the opportunity to view this home..
Unit Size
2,917 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$154
Property Type
House
Property Taxes
$900
HOA Dues
-
Year Built
2011

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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: 3 years ago (MOMLS #22034421)

Price History

Date / Event Date Event Price
Jan 6, 2021 Sold
Premium
Sold
Sep 22, 2020 Listed by Porter Plus Realty $450,000
Listed by Porter Plus Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,530
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,911
  • Gross Building Area: 2,911
  • Building Area: 2,911
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,911
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: FACILITY NAME: DISABLE VET

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: TAX MAP 91
  • District: 01
  • Parcel: 01 00114- 59-00067
  • Block: 114.59
  • Lot: 67
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7326
  • Longitude: -74.2401

    Address

  • Full Address: 1 Freedom Hills Dr
  • Address - House Number: 1
  • Address - Street Name: Freedom Hills
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R008
  • 4-Digit Zip Code: 1827
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,066,024

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 692,715
  • High Value: 837,992
  • Low Value: 547,438

    Market Valuation

  • Market Total Value: $387,300
  • Market Land Value: $95,300
  • Market Improvement Value: $292,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,300
  • Assessed Land Value: $95,300
  • Assessed Improvements Value: $292,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021014674
  • Previous Sale Recording Date: Mar 11, 2011
  • Previous Sale Contract Date: Mar 09, 2011
  • Previous Sale Amount: $426,049
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.24%

Average Days on Market

73

Average Home Size

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3005 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

Rentals Near You

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MOMMLS

Listed by: Viviana Mejia, Porter Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22034421
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 1 Freedom Hills built and last sold?
The property at 1 Freedom Hills was built in 2011 and last sold on Dec 15, 2020 for $470,000.
How much is this home worth?
The estimated value of the home located at 1 Freedom Hills is $0.
What are some comparable homes to 1 Freedom Hills?
There are currently no comparable homes to 1 Freedom Hills.
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