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Beachwood 08722
1034 Berkeley Avenue
$200,000
● House - Off Market

1034 Berkeley Avenue

Beachwood, NJ 08722
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,628 Ft²
$429,154
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Spacious, clean, well-maintained 3 BR, 1/1 bath home ready for your growing family to enjoy! Brand new w/w carpet, freshly painted, vinyl windows and siding, central air & HW BB heat. Bonus rooms on 1st floor can be used as family room plus two bonus rooms. Walk out patio slider to large fenced-in, flat backyard. Close to Parkway, schools & stores.
Unit Size
1,628 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1972

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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 #21130743)

Price History

Date / Event Date Event Price
Jul 31, 2012 Sold
Premium
Sold
Aug 11, 2011 Listed by Weichert Realtors-Normandy Bch $199,900
Listed by Weichert Realtors-Normandy Bch

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L49-51

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 725002

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 05
  • Parcel: 05 00010- 16-00012
  • Block: 10.16
  • Lot: 12
  • Municipality: BEACHWOOD BORO
  • Latitude: 39.9219
  • Longitude: -74.1947

    Address

  • Full Address: 1034 Berkeley Ave
  • Address - House Number: 1034
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Beachwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 4502
  • Zip Code: 08722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $489,245

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 419,187
  • High Value: 510,831
  • Low Value: 327,543

    Market Valuation

  • Market Total Value: $184,900
  • Market Land Value: $72,300
  • Market Improvement Value: $112,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,900
  • Assessed Land Value: $72,300
  • Assessed Improvements Value: $112,600

    Sales

  • Current Sale Contract Date: Jul 31, 2012
  • Current Sale Recording Date: Aug 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012079916
  • Previous Sale Recording Date: Sep 19, 2001
  • Previous Sale Contract Date: Sep 10, 2001
  • Previous Sale Amount: $128,700
  • 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 Beachwood

Stats & Trends

Median Asking:

$477,500

Sale Price/ft²

$312

Above Asking

0.00%

Average Days on Market

63

Average Home Size

1703 ft²

Average Home Age

48.9 years

Currently For Sale

23 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 501 Cable Avenue, NJ, 08722

$3,200 /mo

  • 4 Beds
  • 2 Baths
501 Cable Avenue, NJ, 08722 Listing by Lorraine F Petersen
Unit for rent at 254 Admiral Avenue, Beachwood, NJ, 08722

$3,250 /mo

  • 3 Beds
  • 2 Baths
254 Admiral Avenue, Beachwood, NJ, 08722 Listing by Mayer Stroh

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Katherine Dygon, Weichert Realtors-Normandy Bch
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21130743
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 1034 Berkeley Avenue built and last sold?
The property at 1034 Berkeley Avenue was built in 1972 and last sold on Jul 31, 2012 for $200,000.
How much is this home worth?
The estimated value of the home located at 1034 Berkeley Avenue is $216,649.
What are some comparable homes to 1034 Berkeley Avenue?
There are currently no comparable homes to 1034 Berkeley Avenue.
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