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08758
150 Bonita Road
$850,000
● House - Off Market

150 Bonita Road

Waretown, NJ 08758
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,914 Ft²
$1,007,752
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

LOCATION, LOCATION, LOCATION, AT THE END OF THE STREET AND JUST ACROSS THE BAY FROM OLD BARNEY.  DOUBLE CREEK CHANNEL TO BARNEGAT INLETIS LESS THAN 30 MINUTES TO OCEAN. 138 FEET OF WHITE BEACH SAND PRIVATE BEACH FOR YOUR LITTLE ONES TO PLAY ALL DAY PLUS A PUBLIC PLAY PARK FOR THE KIDS  JUST ACROSS THE STREET.  THIS HOME HAS 110 FEET OF VINYL BULKHEAD,  PRIVATE BOAT SLIP AND A PANARAMIC BAY VIEW .   FIRST FLOOR OF THIS HOME HAS LARGE GREAT ROOM FOR LIVING ROOM, DINING ROOM AND KITCHEN, CATHERDAL CEILINGS WITH BEAMS, CEILING FANS, ALL APPLIANCES ARE INCLUDED.  BEDROOM AND PORCELINE TILE ALONG WITH A  FORTH BEDROOM OR DEN AS WELL.  SPIRAL STAIRES LEADING TO THE SECOND FLOOR THAT HAS ONE BEDROOM  HAS WALL TO WALL CARPETING WITH PATIO SLIDING DOOR TO DECK ON BAY SIDE AND CATHEDRAL CEILINGS AND
Unit Size
1,914 Ft²
Days on Market
227 days
Land Size
0.09 acres
Price per sqft
$522
Property Type
House
Property Taxes
$1,015
HOA Dues
-
Year Built
1940

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: 9 months ago (MOMLS #22229456)

Price History

Date / Event Date Event Price
May 2, 2023 Sold
Premium
Sold
Sep 16, 2022 Listed by Coldwell Banker Riviera Realty $999,999
Listed by Coldwell Banker Riviera Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,914
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: WD

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 21
  • Parcel: 21 00239-0000-00001
  • Block: 239
  • Lot: 1
  • Municipality: OCEAN TWP
  • Latitude: 39.7745
  • Longitude: -74.186

    Address

  • Full Address: 150 Bonita Rd
  • Address - House Number: 150
  • Address - Street Name: Bonita
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2834
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,238,610
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 866,987
  • High Value: 1,049,380
  • Low Value: 684,595

    Market Valuation

  • Market Total Value: $570,000
  • Market Land Value: $410,400
  • Market Improvement Value: $159,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,000
  • Assessed Land Value: $410,400
  • Assessed Improvements Value: $159,600

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38793
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:

$549,900

Sale Price/ft²

$283

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2079 ft²

Average Home Age

30.7 years

Currently For Sale

54 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 21 Pohatcong Avenue, Waretown, NJ, 08758

$2,900 /mo

  • 3 Beds
  • 2 Baths
21 Pohatcong Avenue, Waretown, NJ, 08758 Listing by Mary Albanese
Unit for rent at 27 Forest Park Drive, WARETOWN, NJ, 08758

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,925 ft²
27 Forest Park Drive, WARETOWN, NJ, 08758 Listing by Judy A Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Laura J Held, Coldwell Banker Riviera Realty
Last Updated: 9 months ago
Data Source: MOMMLS, MLS# 22229456
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 150 Bonita Road built and last sold?
The property at 150 Bonita Road was built in 1940 and last sold on Apr 21, 2023 for $850,000.
How much is this home worth?
The estimated value of the home located at 150 Bonita Road is $0.
What are some comparable homes to 150 Bonita Road?
There are currently no comparable homes to 150 Bonita Road.
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