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West Belmar 07719 West Belmar
1021 5th Avenue
$390,500
● House - Off Market

1021 5th Avenue

Wall, NJ 07719
bedrooms
3 Beds
bathrooms
2 Baths
$651,282
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Charming Cape with open airy floor plan. Located in convenient West Belmar and less than a mile from Belmar beaches. This home could be a great summer getaway. Move in ready with recently updated kitchen and baths, hardwood floors and neutral decor. Convenient to shopping and transit. Call today to schedule your tour of this fine home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1958

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: 2 years ago (MOMLS #21618286)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
May 9, 2016 Listed by Gloria Nilson & Co. Real Estate $385,000
Listed by Gloria Nilson & Co. Real Estate
Aug 30, 2013 Sold
Premium
Sold
Apr 3, 2013 Listed by Weichert Realtors-Spring Lake $389,000
Listed by Weichert Realtors-Spring Lake

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808502

Zoning

  • Zoning: R7.5

Geography

  • Assessors Map Reference: TAX MAP 68
  • District: 52
  • Parcel: 52 00039-0000-00001
  • Block: 39
  • Lot: 1
  • Municipality: WALL TWP
  • Latitude: 40.1676
  • Longitude: -74.0363

    Address

  • Full Address: 1021 5th Ave
  • Address - House Number: 1021
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Wall Township
  • Carrier Code: C010
  • 4-Digit Zip Code: 3359
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $690,623

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 669,339
  • High Value: 795,700
  • Low Value: 542,977

    Market Valuation

  • Market Total Value: $330,600
  • Market Land Value: $190,000
  • Market Improvement Value: $140,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,600
  • Assessed Land Value: $190,000
  • Assessed Improvements Value: $140,600

    Sales

  • Current Sale Contract Date: Aug 30, 2013
  • Current Sale Recording Date: Sep 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013101520
  • Previous Sale Recording Date: Aug 13, 2008
  • Previous Sale Contract Date: Aug 01, 2008
  • Previous Sale Amount: $450,000
  • 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 West Belmar

Stats & Trends

Median Asking:

$697,450

Sale Price/ft²

$483

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1804 ft²

Average Home Age

99 years

Currently For Sale

3 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 208 15th Avenue, Belmar, NJ, 07719

$3,500 /mo

  • 2 Beds
  • 1 Bath
208 15th Avenue, Belmar, NJ, 07719 Listing by Jacob L Smith
Unit for rent at 113 12th Avenue, Belmar, NJ, 07719

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 2,153 ft²
113 12th Avenue #UNITA, Belmar, NJ, 07719 Listing by Carolyn Vallerini
Unit for rent at 202 Evergreen Avenue, Bradley Beach, NJ, 07720

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
202 Evergreen Avenue #REAR, Bradley Beach, NJ, 07720 Listing by Thomas J Coan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Daniel Walsh, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21618286
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 1021 5th Avenue built and last sold?
The property at 1021 5th Avenue was built in 1958 and last sold on Aug 30, 2013 for $353,000.
How much is this home worth?
The estimated value of the home located at 1021 5th Avenue is $388,850.
What are some comparable homes to 1021 5th Avenue?
There are currently no comparable homes to 1021 5th Avenue.
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