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Ocean
1222 Laurel Boulevard
$225,000
● House - Off Market

1222 Laurel Boulevard

Lanoka Harbor, NJ 08734
bedrooms
3 Beds
bathrooms
2 Baths
$316,832
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Beautiful view of the Bay outside your back door. 3 Bedroom 2 Bath Ranch with 2 Car Garage
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$879
HOA Dues
-
Year Built
1968

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 #21737756)

Price History

Date / Event Date Event Price
Dec 27, 2017 Sold
Premium
Sold
Sep 28, 2017 Listed by Bob Grimm Agency $200,000
Listed by Bob Grimm Agency

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,038
  • Total Building Area: 1,739
  • Building Area: 1,739
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,739
  • 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
  • Legal Description 1: ADDITIONAL LOTS: 14

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 46
  • Account Number: 00054902
  • District: 13
  • Parcel: 13 00846-0000-00013
  • Block: 846
  • Lot: 13
  • Municipality: LACEY TWP
  • Latitude: 39.8596
  • Longitude: -74.1317

    Address

  • Full Address: 1222 Laurel Blvd
  • Address - House Number: 1222
  • Address - Street Name: Laurel
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2904
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $815,133

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 577,914
  • High Value: 708,052
  • Low Value: 447,775

    Market Valuation

  • Market Total Value: $421,000
  • Market Land Value: $313,500
  • Market Improvement Value: $107,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,000
  • Assessed Land Value: $313,500
  • Assessed Improvements Value: $107,500

    Sales

  • Current Sale Contract Date: Dec 26, 2017
  • Current Sale Recording Date: Feb 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018014184
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 229 Pine Drive, BAYVILLE, NJ, 08721

$2,850 /mo

  • 5 Beds
  • 1 Bath
229 Pine Drive, BAYVILLE, NJ, 08721 Listing by Cessna Statt
Unit for rent at 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Stephen M Lieberman, Bob Grimm Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21737756
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 1222 Laurel Boulevard built and last sold?
The property at 1222 Laurel Boulevard was built in 1968 and last sold on Dec 26, 2017 for $225,000.
How much is this home worth?
The estimated value of the home located at 1222 Laurel Boulevard is $0.
What are some comparable homes to 1222 Laurel Boulevard?
There are currently no comparable homes to 1222 Laurel Boulevard.
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