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Ocean Acres 08005
165 Edenton Drive
$535,000
● House - Off Market

165 Edenton Drive

Barnegat, NJ 08005
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$3,562
Est. Monthly
$262
HOA / Fees
2.26%
Cap Rate

About This Property

VENUE@LIGHTHOUSE STATION - Cape May model is STUNNING.  Turn the key to view this beautiful home.  Large eat in kitchen offers granite counter tops with drop in sinks, ceramic backsplash, SS appliances, family room with gas burning fireplace.  Modern open floor plan, large bedrooms, walkup attic gives plenty of storage.  Conveniently located to GSP, stores, and shopping.
Unit Size
1,800 Ft²
Days on Market
62 days
Land Size
0.15 acres
Price per sqft
$299
Property Type
House
Property Taxes
$653
HOA Dues
$262
Year Built
2022

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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: 2 years ago (MOMLS #22405929)

Price History

Date / Event Date Event Price
Sep 5, 2024 Sold
Premium
Sold
Jul 26, 2024 In contract -
In contract
Jul 5, 2024 Relisted $539,000
Relisted
May 23, 2024 In contract -
In contract
Mar 4, 2024 Listed by RE/MAX Achievers $539,000
Listed by RE/MAX Achievers

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 6,600
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734004

Zoning

  • Zoning: RLAC

Geography

  • Assessors Map Reference: TAX MAP 52
  • District: 01
  • Parcel: 01 00113- 06-00086
  • Block: 113.06
  • Lot: 86
  • Municipality: BARNEGAT TWP
  • Latitude: 39.751
  • Longitude: -74.2583

    Address

  • Full Address: 165 Edenton Dr
  • Address - House Number: 165
  • Address - Street Name: Edenton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R018
  • 4-Digit Zip Code: 2262
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $758,618

    Market Valuation

  • Market Total Value: $269,300
  • Market Land Value: $80,000
  • Market Improvement Value: $189,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,300
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $189,300

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66148
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:

$559,900

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1568 ft²

Average Home Age

26.6 years

Currently For Sale

57 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 770 Lighthouse Drive, Barnegat, NJ, 08005

$1,985 /mo

  • 2 Beds
  • 2 Baths
  • 1,185 ft²
770 Lighthouse Drive #J, Barnegat, NJ, 08005 Listing by Joy Bearden

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Gina Troncone, RE/MAX Achievers
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22405929
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 165 Edenton Drive built and last sold?
The property at 165 Edenton Drive was built in 2022 and last sold on May 27, 2022 for $488,365.
How much is this home worth?
The estimated value of the home located at 165 Edenton Drive is $0.
What are some comparable homes to 165 Edenton Drive?
There are currently no comparable homes to 165 Edenton Drive.
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