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Toms River 08755
11 Morningside Drive
$410,000
● House - Off Market

11 Morningside Drive

Toms River, NJ 08755
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$462,167
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

The curb appeal is so welcoming. You will want to unpack when you enter this spacious family home. WOW, so many upgrades in the last five years:

Kitchen appliances

Windows

Furnace

Water Heater

Roof

Vinyl l Siding One Year Old, The yard is beautiful, fenced with a 6 man hot tub.

Bonus Room for office or guest, Great Room with fireplace for family gatherings. So much more, come see for yourself.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$219
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1959

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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 #22111885)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
Apr 21, 2021 Listed by Crossroads Realty Inc-Berkeley $395,000
Listed by Crossroads Realty Inc-Berkeley

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 288
  • Garage Type: 7
  • Parking Space Count: 1
  • 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: 1,809
  • Building Area: 1,809
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,809
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723000

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 5901
  • District: 08
  • Parcel: 08 00510- 26-00011
  • Block: 510.26
  • Lot: 11
  • Municipality: DOVER TWP
  • Latitude: 39.9723
  • Longitude: -74.223

    Address

  • Full Address: 11 Morningside Dr
  • Address - House Number: 11
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C011
  • 4-Digit Zip Code: 5107
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,826

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 513,504
  • High Value: 623,505
  • Low Value: 403,503

    Market Valuation

  • Market Total Value: $354,000
  • Market Land Value: $103,000
  • Market Improvement Value: $251,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,000
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $251,000

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021098212
  • Previous Sale Recording Date: Aug 15, 2003
  • Previous Sale Contract Date: Aug 11, 2003
  • Previous Sale Amount: $249,900
  • 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:

$529,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1710 ft²

Average Home Age

45.4 years

Currently For Sale

361 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 179 Nottoway Lane, Toms River, NJ, 08755

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,512 ft²
179 Nottoway Lane, Toms River, NJ, 08755 Listing by Fraidy Kaluszyner
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: Deborah Summa, Crossroads Realty Inc-Berkeley
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22111885
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 11 Morningside Drive built and last sold?
The property at 11 Morningside Drive was built in 1959 and last sold on Jun 24, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 11 Morningside Drive is $0.
What are some comparable homes to 11 Morningside Drive?
There are currently no comparable homes to 11 Morningside Drive.
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