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Ocean Acres 08050
147 Seaspray Road
$260,000
● House - Off Market

147 Seaspray Road

Stafford, NJ 08050
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$506,183
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Beautiful, well-kept home in a lovely setting.  Features include new kitchen, crown moulding,custom wood trim, bamboo flooring and newer carpeting, utility room that can be used as a butler's pantry and laundry area, wood burning fireplace with insert and 5 bedrooms. Large family room has vaulted ceiling with skylights.  Bonus room can be used for a  home office where private side door entrance is located but office can be converted to garage space or another bedroom.  Home also features two zoned heat and tankless water heater.  Private backyard is awesome with flowering gardens in summer, hot tub and large deck.  Plenty of storage areas.  10 minute ride to beaches and major shopping.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1979

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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 #21504744)

Price History

Date / Event Date Event Price
Apr 15, 2015 Sold
Premium
Sold
Feb 10, 2015 Listed by Coldwell Banker Riviera Realty $280,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,462
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN OF LOTS OCEAN ACRES INC
  • Land Acres: 0000000207
  • 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 20
  • District: 31
  • Parcel: 31 00044- 201-00012
  • Block: 44.201
  • Lot: 12
  • Municipality: STAFFORD TWP
  • Latitude: 39.7448
  • Longitude: -74.2848

    Address

  • Full Address: 147 Seaspray Rd
  • Address - House Number: 147
  • Address - Street Name: Seaspray
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C007
  • 4-Digit Zip Code: 1346
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $573,670

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 521,954
  • High Value: 634,402
  • Low Value: 409,506

    Market Valuation

  • Market Total Value: $243,700
  • Market Land Value: $61,600
  • Market Improvement Value: $182,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,700
  • Assessed Land Value: $61,600
  • Assessed Improvements Value: $182,100

    Sales

  • Current Sale Contract Date: Feb 19, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015039027
  • Previous Sale Recording Date: Jul 05, 1996
  • Previous Sale Contract Date: Jun 28, 1996
  • Previous Sale Amount: $90,000
  • 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 Acres

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1600 ft²

Average Home Age

25.1 years

Currently For Sale

61 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

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MOMMLS

Listed by: Victoria McKillop, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21504744
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 147 Seaspray Road built and last sold?
The property at 147 Seaspray Road was built in 1979 and last sold on Feb 19, 2015 for $260,000.
How much is this home worth?
The estimated value of the home located at 147 Seaspray Road is $0.
What are some comparable homes to 147 Seaspray Road?
There are currently no comparable homes to 147 Seaspray Road.
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