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Toms River 08753
1077 Fairview Drive
$475,000
● House - Off Market

1077 Fairview Drive

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,192 Ft²
$3,074
Est. Monthly
8.14%
Cap Rate

About This Property

Fantastic Location! Close to everything! This colonial style home has so much potential and a spacious fenced backyard with inground pool an deck! The first floor features hardwood floors, a step up dining room, kitchen with granite countertops, and family room with fireplace. Upstairs you will find four good size bedrooms! Come take a look at all the potential this home offers, just waiting for a new homeowner!
Unit Size
2,192 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$226
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1969

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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 #22431381)

Price History

Date / Event Date Event Price
Feb 12, 2025 Sold
Premium
Sold
Dec 31, 2024 In contract -
In contract
Dec 3, 2024 Price Decreased $494,900
↓ $10K (2%)
Price Decreased
Nov 26, 2024 Relisted $504,900
Relisted
Nov 20, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 11,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,078
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722702

Zoning

  • Zoning: R120

Geography

  • Assessors Map Reference: TAX MAP 4904
  • District: 08
  • Parcel: 08 01501- 33-00002
  • Block: 1501.33
  • Lot: 2
  • Municipality: DOVER TWP
  • Latitude: 39.9787
  • Longitude: -74.1463

    Address

  • Full Address: 1077 Fairview Dr
  • Address - House Number: 1077
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C035
  • 4-Digit Zip Code: 7958
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $744,875

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 585,943
  • High Value: 712,402
  • Low Value: 459,485

    Market Valuation

  • Market Total Value: $446,300
  • Market Land Value: $96,000
  • Market Improvement Value: $350,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,300
  • Assessed Land Value: $96,000
  • Assessed Improvements Value: $350,300

    Sales

  • Current Sale Contract Date: Oct 23, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2018000228
  • Previous Sale Recording Date: Aug 14, 2006
  • Previous Sale Contract Date: Aug 03, 2006
  • Previous Sale Amount: $363,000
  • 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 Toms River

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1865 ft²

Average Home Age

45 years

Currently For Sale

540 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 960 Green Hill Boulevard, Toms River, NJ, 08753

$3,995 /mo

  • 4 Beds
  • 1 Bath
  • 1,692 ft²
960 Green Hill Boulevard, Toms River, NJ, 08753 Listing by Marc Cohen
Unit for rent at 239 Silver Bay Road, Toms River, NJ, 08753

$4,200 /mo

  • 5 Beds
  • 3 Baths
239 Silver Bay Road, Toms River, NJ, 08753 Listing by Lisa Giovine

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathleen Festino, C21/ Lawrence Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22431381
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 1077 Fairview Drive built and last sold?
The property at 1077 Fairview Drive was built in 1969 and last sold on Oct 23, 2017 for $190,000.
How much is this home worth?
The estimated value of the home located at 1077 Fairview Drive is $0.
What are some comparable homes to 1077 Fairview Drive?
There are currently no comparable homes to 1077 Fairview Drive.
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