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Ocean Acres 08050
117 Marlin Road
$217,000
● House - Off Market

117 Marlin Road

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
2 Baths
$381,930
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

This is a Wonderful Charming Home in Extra Mint Condition in Ocean Acres. This home has 3 Bedrooms with 2 Full Bathrooms with a Living Room and Family Room or Large Dining Room. The Family Room is currently being used as a Dining Room. This room has a Cathedral Ceiling and a Sliding Glass Door with plenty light. The Master Bedroom is Large enough for a King Size Bedroom Set and has a Walk-In-Closet. The Living Room has plenty of Light and an Electric Fireplace. The Eat-In-Kitchen features ceramic tile flooring and the appliances . The Kitchen also has a pantry. Off the Kitchen is a full size Laundry Room with a Sink and the Washer and Dryer are also included. A sprinkler system to water the front yard. The Back Yard has a deck and a shed. This property is completely fenced in for you to en
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1995

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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 #21614206)

Price History

Date / Event Date Event Price
Jun 28, 2016 Sold
Premium
Sold
Apr 11, 2016 Listed by RE/MAX at Barnegat Bay $225,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9,236
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • 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 30
  • District: 31
  • Parcel: 31 00044- 137-00009
  • Block: 44.137
  • Lot: 9
  • Municipality: STAFFORD TWP
  • Latitude: 39.7363
  • Longitude: -74.2925

    Address

  • Full Address: 117 Marlin Rd
  • Address - House Number: 117
  • Address - Street Name: Marlin
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C016
  • 4-Digit Zip Code: 1739
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $482,805

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 420,595
  • High Value: 513,257
  • Low Value: 327,933

    Market Valuation

  • Market Total Value: $205,100
  • Market Land Value: $61,800
  • Market Improvement Value: $143,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,100
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $143,300

    Sales

  • Current Sale Contract Date: Jun 28, 2016
  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016064998
  • Previous Sale Recording Date: May 23, 2001
  • Previous Sale Contract Date: May 15, 2001
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 27

    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:

$559,900

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1606 ft²

Average Home Age

26.6 years

Currently For Sale

59 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Trudy Jeffries, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21614206
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 Marlin Road built and last sold?
The property at 117 Marlin Road was built in 1995 and last sold on Jun 28, 2016 for $217,000.
How much is this home worth?
The estimated value of the home located at 117 Marlin Road is $0.
What are some comparable homes to 117 Marlin Road?
There are currently no comparable homes to 117 Marlin Road.
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