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Ocean 08758
102 Barnegat Beach Drive
$195,000
● House - Off Market

102 Barnegat Beach Drive

Waretown, NJ 08758
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$311,709
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

REDUCED AND PRICED TO SELL!!! NOT A SHORT SALE....WE NEED A QUICK SALE! Spacious 4, Possibly 5 BR, 2.5 Bath home in Barnegat Beach area of Waretown w/one car garage.  ALL NEW IN 2008! Refinished Hardwood Floors, ROOF, Windows, Vinyl Siding, New Half Bath, Paver Patio, NEW KITCHEN with Granite Countertops, Stainless Steel Appl, and Ceramic Tile. 2 BR's downstairs, Full Laundry Room, HUGE SUNROOM with new sliding glass doors, AG Pool with deck and fenced yard and shed. Upstairs offers updated bath, 2 spacious BR's, a sitting room and a large Bonus Room over the Garage.  Tons of closets, Tons of Charm, and READY TO GO!!!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1950

Payment Calculator

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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 #21646363)

Price History

Date / Event Date Event Price
Jul 14, 2017 Sold
Premium
Sold
Dec 19, 2016 Listed by RE/MAX at Barnegat Bay $195,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,755
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 21
  • Parcel: 21 00238-0000-00008
  • Block: 238
  • Lot: 8
  • Municipality: OCEAN TWP
  • Latitude: 39.7777
  • Longitude: -74.1895

    Address

  • Full Address: 102 Barnegat Beach Dr
  • Address - House Number: 102
  • Address - Street Name: Barnegat Beach
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2827
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,037
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 390,439
  • High Value: 472,414
  • Low Value: 308,464

    Market Valuation

  • Market Total Value: $197,900
  • Market Land Value: $77,500
  • Market Improvement Value: $120,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,900
  • Assessed Land Value: $77,500
  • Assessed Improvements Value: $120,400

    Sales

  • Current Sale Contract Date: Jul 14, 2017
  • Current Sale Recording Date: Jul 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017073449
  • Previous Sale Recording Date: Oct 30, 2007
  • Previous Sale Contract Date: Oct 25, 2007
  • Previous Sale Amount: $190,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4297 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 102 Demmy Avenue, Waretown, NJ, 08758

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,460 ft²
102 Demmy Avenue, Waretown, NJ, 08758 Listing by Mary Albanese

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kim D'Addario, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21646363
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 102 Barnegat Beach Drive built and last sold?
The property at 102 Barnegat Beach Drive was built in 1950 and last sold on Jul 14, 2017 for $195,000.
How much is this home worth?
The estimated value of the home located at 102 Barnegat Beach Drive is $196,950.
What are some comparable homes to 102 Barnegat Beach Drive?
There are currently no comparable homes to 102 Barnegat Beach Drive.
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