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Toms River 08753
131 Mount Lane
$501,500
● House - Off Market

131 Mount Lane

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
2 Baths
$2,529
Est. Monthly

About This Property

Don't miss this amazing chance to own a genuine mother-daughter home in the Silverton section of Toms River. The first floor is fully equipped with all the essentials, including a spacious family room. Currently, the living room serves as the dining room. The basement is almost entirely finished. Upstairs, you'll find an excellent in-law suite complete with a full kitchen, dining room, living room, bathroom, and laundry facilities. The expansive backyard features a newer above-ground pool and fenced yard. Conveniently located near the Jersey Shore, shopping centers, and major thoroughfares.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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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 #22410569)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
Jul 23, 2024 In contract -
In contract
Jul 11, 2024 Relisted $515,000
Relisted
May 25, 2024 In contract -
In contract
Apr 18, 2024 Listed by C21/ Action Plus Realty $539,900
Listed by C21/ Action Plus Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,090
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,310
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LE NICK & IDA SOMMA

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722401

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 08
  • Parcel: 08 00233- 12-00100
  • Block: 233.12
  • Lot: 100
  • Municipality: DOVER TWP
  • Latitude: 40.0142
  • Longitude: -74.141

    Address

  • Full Address: 131 Mount Ln
  • Address - House Number: 131
  • Address - Street Name: Mount
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C095
  • 4-Digit Zip Code: 1725
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $654,690

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 592,203
  • High Value: 706,792
  • Low Value: 477,614

    Market Valuation

  • Market Total Value: $392,500
  • Market Land Value: $108,000
  • Market Improvement Value: $284,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $392,500
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $284,500
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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1716 ft²

Average Home Age

46 years

Currently For Sale

367 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 239 Silver Bay Road, Toms River, NJ, 08753

$4,200 /mo

  • 5 Beds
  • 3 Baths
239 Silver Bay Road, Toms River, NJ, 08753 Listing by Lisa Giovine

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Felicia Finn, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22410569
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 131 Mt Lane built and last sold?
The property at 131 Mt Lane was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 131 Mt Lane is $520,150.
What are some comparable homes to 131 Mt Lane?
There are currently no comparable homes to 131 Mt Lane.
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