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Pine Lake Park 08757
1125 Commonwealth Boulevard
$350,000
● House - Off Market

1125 Commonwealth Boulevard

Manchester, NJ 08757
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$798,255
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

WHAT A GORGEOUS CUSTOM BUILT 6 YEAR YOUNG COLOMIAL!! GRAND 2 STORY ENTRANCE FOYER, 9 FOOT CEILINGS ON 1ST FLOOR, FULL BASEMENT, 2 CAR ATTACHED GARAGE, HIGH EFFICIENCY GAS HEAT, CENTRAL AIR. CROWN MOLDING, 6 PANELED DOORS,RECESSED LIGHTS, GAS FIREPLACE IN THE FAMILY ROOM, CENTRAL VAC,NEWER KITCHEN WITH GRANITE COUNTERTOPS! CERAMIC UPGRADED FLOORING IN FOYER & KITCHEN! BEAUTIFUL BACKSPLASH! SPRINKLERS!! INGROUND POOL WITH DIVING BOARD, LED LIGHTING, FOUNTAINS SURROUNDED BY STAMPED CONCRETE PATIO.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$590
HOA Dues
-
Year Built
2006

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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 #21221474)

Price History

Date / Event Date Event Price
Oct 22, 2012 Sold
Premium
Sold
Jun 11, 2012 Listed by Weichert Realtors-Toms River $369,900
Listed by Weichert Realtors-Toms River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 1,210
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,568
  • Gross Building Area: 2,568
  • Building Area: 2,568
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,568
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: PINE LAKE PARK ESTATES
  • Land Acres: 0000000287
  • Standard Land Use Code: 9000
  • County Land Use Code: 15F
  • Legal Description 1: ADDITIONAL LOTS: 35-38/FACILITY NAME: DISABLED VETERAN

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.03
  • Account Number: 1848
  • District: 19
  • Parcel: 19 00001- 239-00034
  • Block: 1.239
  • Lot: 34
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0025
  • Longitude: -74.2612

    Address

  • Full Address: 1125 Commonwealth Blvd
  • Address - House Number: 1125
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R002
  • 4-Digit Zip Code: 1932
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,404

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 751,188
  • High Value: 947,210
  • Low Value: 555,166

    Market Valuation

  • Market Total Value: $374,900
  • Market Land Value: $85,000
  • Market Improvement Value: $289,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,900
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $289,900

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2012
  • Current Sale Recording Date: Nov 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2012113701
  • Previous Sale Recording Date: Apr 19, 2006
  • Previous Sale Contract Date: Apr 13, 2006
  • Previous Sale Amount: $422,900
  • Previous Sale Document Type: 12
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 Pine Lake Park

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1312 ft²

Average Home Age

41 years

Currently For Sale

68 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

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MOMMLS

Listed by: Pat A Jacobs, Weichert Realtors-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21221474
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 1125 Commonwealth Boulevard built and last sold?
The property at 1125 Commonwealth Boulevard was built in 2006 and last sold on Oct 19, 2012 for $350,000.
How much is this home worth?
The estimated value of the home located at 1125 Commonwealth Boulevard is $0.
What are some comparable homes to 1125 Commonwealth Boulevard?
There are currently no comparable homes to 1125 Commonwealth Boulevard.
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