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Ocean 08005
115 Gunning River Road
$133,000
● House - Off Market

115 Gunning River Road

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$292,412
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Colonial, home is ready for your finishing touches! Open floor plan, 3 large bedrooms, 2.5 baths, near schools and shopping.
Unit Size
-
Days on Market
70 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1987

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: 12 months ago (MOMLS #21744501)

Price History

Date / Event Date Event Price
Feb 6, 2018 Sold
Premium
Sold
Nov 27, 2017 Listed by Blue Diamond Realty , LLC $186,900
Listed by Blue Diamond Realty , LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 81
  • District: 01
  • Parcel: 01 00114- 07-00032
  • Block: 114.07
  • Lot: 32
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7486
  • Longitude: -74.2404

    Address

  • Full Address: 115 Gunning River Rd
  • Address - House Number: 115
  • Address - Street Name: Gunning River
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R012
  • 4-Digit Zip Code: 1410
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $577,203

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 377,000
  • High Value: 461,190
  • Low Value: 292,810

    Market Valuation

  • Market Total Value: $204,900
  • Market Land Value: $79,600
  • Market Improvement Value: $125,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,900
  • Assessed Land Value: $79,600
  • Assessed Improvements Value: $125,300

    Sales

  • Current Sale Contract Date: Dec 15, 2017
  • Current Sale Recording Date: Feb 08, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018013361
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Contract Date: Sep 11, 2016
  • Previous Sale Document Type: 64

    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

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 399 Golfview Drive, Stafford, NJ, 08050

$3,000 /mo

  • 4 Beds
  • 4 Baths
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey Crisalli, Blue Diamond Realty , LLC
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 21744501
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 115 Gunning River Road built and last sold?
The property at 115 Gunning River Road was built in 1987 and last sold on Dec 15, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 115 Gunning River Road is $188,769.
What are some comparable homes to 115 Gunning River Road?
There are currently no comparable homes to 115 Gunning River Road.
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