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Ocean 08005
117 7th Street
$270,000
● House - Off Market

117 7th Street

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,112 Ft²
$274,960
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Move right in to this adorable ranch on a corner piece of property in Pebble Beach. Open floor plan with a gas fireplace to keep you cozy on those chilly nights. Pride in ownership shines through with new HWH, furnace, A/C and 3 year old roof. New vinyl windows with a Bay window. Underground sprinkler system to keep the yard looking great. Fenced back yard for privacy.
Unit Size
1,112 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$211
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1966

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 #22107374)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Mar 12, 2021 Listed by Real Estate, LTD $235,000
Listed by Real Estate, LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 21
  • Parcel: 21 00270-0000-00009
  • Block: 270
  • Lot: 9
  • Municipality: OCEAN TWP
  • Latitude: 39.7703
  • Longitude: -74.204

    Address

  • Full Address: 117 7th St
  • Address - House Number: 117
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R004
  • 4-Digit Zip Code: 2721
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $323,342

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 343,191
  • High Value: 419,831
  • Low Value: 266,551

    Market Valuation

  • Market Total Value: $148,800
  • Market Land Value: $75,800
  • Market Improvement Value: $73,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,800
  • Assessed Land Value: $75,800
  • Assessed Improvements Value: $73,000

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021096705
  • Previous Sale Recording Date: Apr 12, 2007
  • Previous Sale Contract Date: Mar 23, 2007
  • Previous Sale Amount: $215,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4380 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 21 Pohatcong Avenue, Waretown, NJ, 08758

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
21 Pohatcong Avenue, Waretown, NJ, 08758 Listing by Mary Albanese
Unit for rent at 46 Tulsa Drive, Barnegat, NJ, 08005

$2,700 /mo

  • 2 Beds
  • 1 Bath
46 Tulsa Drive, Barnegat, NJ, 08005 Listing by Donna M Gidley

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Tina Pilot, Real Estate, LTD
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22107374
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 117 7th Street built and last sold?
The property at 117 7th Street was built in 1966 and last sold on May 19, 2021 for $270,000.
How much is this home worth?
The estimated value of the home located at 117 7th Street is $0.
What are some comparable homes to 117 7th Street?
There are currently no comparable homes to 117 7th Street.
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