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Ocean Acres 08050
109 Gaff Road
$209,625
● House - Off Market

109 Gaff Road

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$355,831
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

This charming 3 bedroom 2.5 bath Colonial is a real win for new owners.  Beautiful hardwood floors flow throughout this home.  Relax in the large living room in front of the cozy stone gas fireplace with blower.  Spacious kitchen features a beverage center, breakfast nook and quality stainless steel appliances.  The formal dining room also features hardwood flooring. The master bedroom features a walk in closet and private full bath with dual sinks.  Maintenance free trexx deck with vinyl rail, completely fenced yard. Sprinklers front and back, one car insulated garage round out the features of this home.  Book your private viewing today.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21514735)

Price History

Date / Event Date Event Price
Jun 20, 2016 Sold
Premium
Sold
Apr 20, 2015 Listed by RE/MAX at Barnegat Bay - Manahawkin $209,625
Listed by RE/MAX at Barnegat Bay - Manahawkin
This charming 3 bedroom 2.5 bath Colonial is a real win for new owners. Beautiful hardwood floors flow throughout this home. Relax in the large living room in front of the cozy stone gas fireplace with blower. Spacious kitchen features a beverage center, breakfast nook and quality stainless steel appliances. The formal dining room also features hardwood flooring. The master bedroom features a walk in closet and private full bath with dual sinks. Maintenance free trexx deck with vinyl rail, completely fenced yard. Sprinklers front and back, one car insulated garage round out the features of this home. Book your private viewing today.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 15,055
  • Lot Size Depth Feet: 1,198
  • Lot Size Frontage Feet: 1,257
  • Total Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735001

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 31
  • Parcel: 31 00044- 130-00015
  • Block: 44.130
  • Lot: 15
  • Municipality: STAFFORD TWP
  • Latitude: 39.7373
  • Longitude: -74.2981

    Address

  • Full Address: 109 Gaff Rd
  • Address - House Number: 109
  • Address - Street Name: Gaff
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C016
  • 4-Digit Zip Code: 5106
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $530,592

    Appraisal Valuation

  • Standard Deviation: 0.224
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 441,274
  • High Value: 540,129
  • Low Value: 342,419

    Market Valuation

  • Market Total Value: $225,400
  • Market Land Value: $64,200
  • Market Improvement Value: $161,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,400
  • Assessed Land Value: $64,200
  • Assessed Improvements Value: $161,200

    Sales

  • Current Sale Contract Date: Jun 16, 2016
  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016064214
  • Previous Sale Recording Date: Jun 19, 2007
  • Previous Sale Contract Date: Jun 15, 2007
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 Acres

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1602 ft²

Average Home Age

25.7 years

Currently For Sale

60 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 90 Atlantis Avenue, Manahawkin, NJ, 08050

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,221 ft²
90 Atlantis Avenue, Manahawkin, NJ, 08050 Listing by Mary Weidenhof
Unit for rent at 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Thomas J Smith, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21514735
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 Gaff Road built and last sold?
The property at 109 Gaff Road was built in 2000 and last sold on Jun 16, 2016 for $209,625.
How much is this home worth?
The estimated value of the home located at 109 Gaff Road is $0.
What are some comparable homes to 109 Gaff Road?
There are currently no comparable homes to 109 Gaff Road.
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