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South Toms River 08757
109 Charles Avenue
$100,000
● House - Off Market

109 Charles Avenue

South Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
1 Bath
$224,162
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

PRICE REDUCTION. This single family home is located in a quiet area of South Toms River. Close to GSP and the beach. Would be great for a first time home buyer or a handyman. With a little TLC it can be the home of your dreams.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$291
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: 3 years ago (MOMLS #21630097)

Price History

Date / Event Date Event Price
Jan 6, 2017 Sold
Premium
Sold
Jul 29, 2016 Listed by Realty One Group Emerge $133,500
Listed by Realty One Group Emerge

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 724000

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 30
  • Parcel: 30 00017- 06-00005
  • Block: 17.06
  • Lot: 5
  • Municipality: SOUTH TOMS RIVER BORO
  • Latitude: 39.94
  • Longitude: -74.2064

    Address

  • Full Address: 109 Charles Ave
  • Address - House Number: 109
  • Address - Street Name: Charles
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C014
  • 4-Digit Zip Code: 5306
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $333,612
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 238,825
  • High Value: 288,527
  • Low Value: 189,123

    Market Valuation

  • Market Total Value: $108,000
  • Market Land Value: $45,100
  • Market Improvement Value: $62,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,000
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $62,900

    Sales

  • Current Sale Contract Date: Dec 30, 2016
  • Current Sale Recording Date: Sep 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017096989
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Dec 23, 2016
  • Previous Sale Amount: $100,000
  • 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 South Toms River

Stats & Trends

Median Asking:

$427,000

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

74

Average Home Size

1322 ft²

Average Home Age

37.8 years

Currently For Sale

9 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 652 Berkeley Avenue, Beachwood, NJ, 08722

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,152 ft²
652 Berkeley Avenue, Beachwood, NJ, 08722 Listing by Gina Scodella
Unit for rent at 415 Dover Road, Toms River, NJ, 08757

$3,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,792 ft²
415 Dover Road, Toms River, NJ, 08757 Listing by John Hazelet

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michelle Meade, Realty One Group Emerge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21630097
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 109 Charles Drive built and last sold?
The property at 109 Charles Drive was built in 1958 and last sold on Dec 30, 2016 for $120,000.
How much is this home worth?
The estimated value of the home located at 109 Charles Drive is $0.
What are some comparable homes to 109 Charles Drive?
There are currently no comparable homes to 109 Charles Drive.
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