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Ocean 08005
16 Bayside Drive
$233,900
● House - Off Market

16 Bayside Drive

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,782 Ft²
$351,259
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Sun Filled Colonial with spacious rooms. Renovated Kitchen with new appliances, tile backsplash and flooring. New Carpet and freshly painted. Cozy family room w/fireplace & slider to deck.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$488
HOA Dues
-
Year Built
1987

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: 3 years ago (MOMLS #21801495)

Price History

Date / Event Date Event Price
Apr 2, 2018 Sold
Premium
Sold
Jan 14, 2018 Listed by C21/ Gemini Realty LLC $228,900
Listed by C21/ Gemini Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 3
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 68
  • District: 01
  • Parcel: 01 00114- 02-00017
  • Block: 114.02
  • Lot: 17
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7519
  • Longitude: -74.2444

    Address

  • Full Address: 16 Bayside Ave
  • Address - House Number: 16
  • Address - Street Name: Bayside
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R003
  • 4-Digit Zip Code: 1444
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $614,669
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 286,408
  • High Value: 411,930
  • Low Value: 160,885

    Market Valuation

  • Market Total Value: $218,200
  • Market Land Value: $84,000
  • Market Improvement Value: $134,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,200
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $134,200

    Sales

  • Current Sale Contract Date: Mar 07, 2018
  • Current Sale Recording Date: Apr 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018033731
  • Previous Sale Recording Date: May 26, 2017
  • Previous Sale Contract Date: Apr 03, 2017
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4652 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 80 Bowline Street, Barnegat, NJ, 08005

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,908 ft²
80 Bowline Street, Barnegat, NJ, 08005 Listing by Karen Rucando
Unit for rent at 135 S Main Street, BARNEGAT, NJ, 08005

$3,240 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
135 S Main Street, BARNEGAT, NJ, 08005 Listing by Camille A Simms

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Wayne Damstra, C21/ Gemini Realty LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21801495
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 16 Bayside Drive built and last sold?
The property at 16 Bayside Drive was built in 1987 and last sold on Mar 7, 2018 for $233,900.
How much is this home worth?
The estimated value of the home located at 16 Bayside Drive is $0.
What are some comparable homes to 16 Bayside Drive?
There are currently no comparable homes to 16 Bayside Drive.
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