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Beach Haven West 08050
128 Morton Drive
$139,000
● House - Off Market

128 Morton Drive

Manahawkin, NJ 08050
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$260,885
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Lagoon front home in Beach Haven West - 50 ft on the water - Home was partially refurbished - short boat ride to Barnegat bay. Gas heat to the home - Timberline roof - Interior needs to be finished including heat/air system and kitchen. Fireplace floor and chimney installed. New electric service. Can refurbish or rebuild - your choice. Great location - close to highways and restaurants and island beaches. - Be ready for the spring and summer - GREAT VALUE
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1966

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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 #21708477)

Price History

Date / Event Date Event Price
Jun 21, 2017 Sold
Premium
Sold
Mar 3, 2017 Listed by Crossroads Realty Inc-Toms River W. $162,500
Listed by Crossroads Realty Inc-Toms River W.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 550
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 840
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000101
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735106

Zoning

  • Zoning: RR2A

Geography

  • Assessors Map Reference: TAX MAP 142
  • District: 31
  • Parcel: 31 00147- 65-00008
  • Block: 147.65
  • Lot: 8
  • Municipality: STAFFORD TWP
  • Latitude: 39.6733
  • Longitude: -74.2392

    Address

  • Full Address: 128 Morton Dr
  • Address - House Number: 128
  • Address - Street Name: Morton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C011
  • 4-Digit Zip Code: 4530
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $538,124

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 552,184
  • High Value: 675,562
  • Low Value: 428,806

    Market Valuation

  • Market Total Value: $228,600
  • Market Land Value: $159,400
  • Market Improvement Value: $69,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,600
  • Assessed Land Value: $159,400
  • Assessed Improvements Value: $69,200

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017064825
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 Beach Haven West

Stats & Trends

Median Asking:

$979,900

Sale Price/ft²

$649

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2446 ft²

Average Home Age

25.3 years

Currently For Sale

53 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 27 Gregg Drive, Manahawkin, NJ, 08050

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 744 ft²
27 Gregg Drive, Manahawkin, NJ, 08050 Listing by Annmarie Corsetto
Unit for rent at 63 Lawrence Drive, Manahawkin, NJ, 08050

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,463 ft²
63 Lawrence Drive, Manahawkin, NJ, 08050 Listing by Frank Restaino

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeanette Calao, Crossroads Realty Inc-Toms River W.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21708477
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 128 Morton Drive built and last sold?
The property at 128 Morton Drive was built in 1966 and last sold on Jun 21, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 128 Morton Drive is $0.
What are some comparable homes to 128 Morton Drive?
There are currently no comparable homes to 128 Morton Drive.
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