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Pine Lake Park 08757
1000 Commonwealth Boulevard
$503,000
● House - Off Market

1000 Commonwealth Boulevard

Manchester, NJ 08757
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,400 Ft²
$468,620
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Updated ranch on large lot with newer siding, double wide driveway and extra driveway on side. Fenced in yard. Brand new ashwood kitchen with all stainless appliances including range hood and double sink , tile backsplash, and pot filler over stove. Also high end water filtration system. Livingroom  has contemporary gas fireplace with pass through opening up to kitchen. Sliders off kitchen to large trex deck overlooking paver patio.  Master has ensuite bath and 2 closets. Full finished basment w extra high ceilings and half bath. Direct garage entry and shed also included
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$332
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1981

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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: 2 years ago (MOMLS #22206861)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Mar 11, 2022 Listed by ERA/ American Towne Realty $465,000
Listed by ERA/ American Towne Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 960
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,362
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6-8

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720204

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.02
  • Account Number: 17700
  • District: 19
  • Parcel: 19 00001- 218-00005
  • Block: 1.218
  • Lot: 5
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0016
  • Longitude: -74.2641

    Address

  • Full Address: 1000 Commonwealth Blvd
  • Address - House Number: 1000
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R002
  • 4-Digit Zip Code: 1828
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $501,919

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 445,810
  • High Value: 539,766
  • Low Value: 351,854

    Market Valuation

  • Market Total Value: $231,800
  • Market Land Value: $80,000
  • Market Improvement Value: $151,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,800
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $151,800

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66078
  • Previous Sale Recording Date: Jan 10, 2007
  • Previous Sale Contract Date: Dec 06, 2006
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 12
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 Pine Lake Park

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1312 ft²

Average Home Age

41 years

Currently For Sale

68 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 43 3rd St Street, Manchester, NJ, 08759

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,346 ft²
43 3rd St Street, Manchester, NJ, 08759 Listing by Israel Silber
Unit for rent at 195 Edgemere Court, Toms River, NJ, 08755

$3,450 /mo

  • 4 Beds
  • 3 Baths
  • 1,548 ft²
195 Edgemere Court, Toms River, NJ, 08755 Listing by Shanti Shankar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Stoll, ERA/ American Towne Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22206861
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 1000 Commonwealth Boulevard built and last sold?
The property at 1000 Commonwealth Boulevard was built in 1981 and last sold on May 16, 2022 for $503,000.
How much is this home worth?
The estimated value of the home located at 1000 Commonwealth Boulevard is $0.
What are some comparable homes to 1000 Commonwealth Boulevard?
There are currently no comparable homes to 1000 Commonwealth Boulevard.
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