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Pine Lake Park 08757
1616 Broadway Boulevard
$275,000
● House - Off Market

1616 Broadway Boulevard

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,382 Ft²
$456,268
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

In-ground Pool and additional 24 x 24 detached garage/workshop/office with it's own driveway on a 125 x 100 Lot! Plenty of room for expansion in this 3 Bedroom 2 Bath Colonial with full basement. Vinyl fence, Home has double wide driveway with garage and home office (could be 4th bedroom). Hardwood floors, updated kitchen, laundry room. Dining room has sliders to the deck/pool. Basement has plenty of space to add extra bedrooms. Central air. Natural gas. So much more! See pictures! All dimensions approximate.
Unit Size
2,382 Ft²
Days on Market
-
Land Size
-
Price per sqft
$126
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1986

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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 #21823254)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Jun 11, 2018 Listed by C21/ Action Plus Realty $299,900
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 924
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,382
  • Building Area: 2,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,382
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE LAKE PARK ESTATES
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 14-17

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720204

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • Account Number: 739
  • District: 19
  • Parcel: 19 00001- 79-00013
  • Block: 1.79
  • Lot: 13
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9986
  • Longitude: -74.2499

    Address

  • Full Address: 1616 Broadway Blvd
  • Address - House Number: 1616
  • Address - Street Name: Broadway
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C059
  • 4-Digit Zip Code: 2801
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $606,246

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 573,362
  • High Value: 696,687
  • Low Value: 450,036

    Market Valuation

  • Market Total Value: $273,700
  • Market Land Value: $85,000
  • Market Improvement Value: $188,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,700
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $188,700

    Sales

  • Current Sale Contract Date: Dec 28, 2018
  • Current Sale Recording Date: Jan 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019008610
  • Previous Sale Recording Date: Nov 04, 2013
  • Previous Sale Contract Date: Oct 24, 2013
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: 12
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 Pine Lake Park

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1426 ft²

Average Home Age

38.6 years

Currently For Sale

33 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 17 Arden Drive, Manchester, NJ, 08759

$3,475 /mo

  • 3 Beds
  • 3 Baths
  • 1,842 ft²
17 Arden Drive, Manchester, NJ, 08759 Listing by Vince Lorde D Magbago
Unit for rent at 195 Edgemere Court, Toms River, NJ, 08755

$3,450 /mo

  • 4 Beds
  • 3 Baths
  • 1,548 ft²
195 Edgemere Court, Toms River, NJ, 08755 Listing by Shanti Shankar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Darren Mooney, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21823254
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 1616 Broadway Boulevard built and last sold?
The property at 1616 Broadway Boulevard was built in 1986 and last sold on Dec 28, 2018 for $275,000.
How much is this home worth?
The estimated value of the home located at 1616 Broadway Boulevard is $0.
What are some comparable homes to 1616 Broadway Boulevard?
There are currently no comparable homes to 1616 Broadway Boulevard.
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