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Ocean 08092
159 Mill Street
$207,000
● House - Off Market

159 Mill Street

West Creek, NJ 08092
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$249,440
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Look no further! Lovely, 3 bedroom ranch located in West Creek on almost a half an acre. This home boasts a two and a half car garage with a workshop, for all of your projects! Above the garage is a one bedroom, one bathroom apartment. In close proximity to beaches, shops and casinos.
Unit Size
-
Days on Market
63 days
Land Size
0.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 7 months ago (MOMLS #22016527)

Price History

Date / Event Date Event Price
Jul 28, 2020 Sold
Premium
Sold
May 26, 2020 Listed by Crossroads Realty Inc-WH $179,900
Listed by Crossroads Realty Inc-WH

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • 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: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,255
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Eagleswood Township School District
  • Census Tract: 736002

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 7_1
  • District: 09
  • Parcel: 09 00022-0000-00009
  • Block: 22
  • Lot: 9
  • Municipality: EAGLESWOOD TWP
  • Latitude: 39.6402
  • Longitude: -74.3098

    Address

  • Full Address: 159 Mill St
  • Address - House Number: 159
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: NJ
  • City Name: West Creek
  • Carrier Code: R001
  • 4-Digit Zip Code: 9728
  • Zip Code: 08092

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $503,593

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 347,824
  • High Value: 426,142
  • Low Value: 269,506

    Market Valuation

  • Market Total Value: $188,400
  • Market Land Value: $92,200
  • Market Improvement Value: $96,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,400
  • Assessed Land Value: $92,200
  • Assessed Improvements Value: $96,200

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020090272
  • Previous Sale Recording Date: Jun 24, 2008
  • Previous Sale Contract Date: May 20, 2008
  • Previous Sale Amount: $80,000
  • 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

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3041 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 105 Golf View Drive, LITTLE EGG HARBOR TWP, NJ, 08087

$3,100 /mo

  • 2 Beds
  • 2 Baths
  • 2,249 ft²
105 Golf View Drive, LITTLE EGG HARBOR TWP, NJ, 08087 Listing by Jason C Price

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Crystle Skinner, Crossroads Realty Inc-WH
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 22016527
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 159 Mill Street built and last sold?
The property at 159 Mill Street was built in 1965 and last sold on Jul 17, 2020 for $207,000.
How much is this home worth?
The estimated value of the home located at 159 Mill Street is $181,699.
What are some comparable homes to 159 Mill Street?
There are currently no comparable homes to 159 Mill Street.
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