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Ocean Acres 08050
165 Neptune Drive
$320,000
● House - Off Market

165 Neptune Drive

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$394,020
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Stafford Twp - Ocean Acres  This 3 Bedroom 2 Bath split floor plan ranch with a Full Basement is ready for a quick sale!  The original owner has taken exceptional care of this home. The home offers a nice open floor plan, bamboo flooring, recessed lighting, double hung windows, a full basement with approx. 1500 sq ft.  All of this is located on an oversized/deep lot.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$205
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1994

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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: 3 years ago (MOMLS #22038879)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 29, 2020 Listed by RE/MAX New Beginnings Realty $299,900
Listed by RE/MAX New Beginnings Realty
Stafford Twp - Ocean Acres This 3 Bedroom 2 Bath split floor plan ranch with a Full Basement is ready for a quick sale! The original owner has taken exceptional care of this home. The home offers a nice open floor plan, bamboo flooring, recessed lighting, double hung windows, a full basement with approx. 1500 sq ft. All of this is located on an oversized/deep lot.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,464
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,510
  • Lot Size Depth Feet: 1,697
  • Lot Size Frontage Feet: 737
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735001

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 29
  • District: 31
  • Parcel: 31 00044- 132-00005
  • Block: 44.132
  • Lot: 5
  • Municipality: STAFFORD TWP
  • Latitude: 39.7404
  • Longitude: -74.2964

    Address

  • Full Address: 165 Neptune Dr
  • Address - House Number: 165
  • Address - Street Name: Neptune
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C007
  • 4-Digit Zip Code: 1748
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $576,259

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 460,267
  • High Value: 559,426
  • Low Value: 361,108

    Market Valuation

  • Market Total Value: $244,800
  • Market Land Value: $65,900
  • Market Improvement Value: $178,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,800
  • Assessed Land Value: $65,900
  • Assessed Improvements Value: $178,900

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020156174
  • Previous Sale Recording Date: Dec 23, 1998
  • Previous Sale Contract Date: Dec 15, 1998
  • Previous Sale Amount: $126,000
  • 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 Acres

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1602 ft²

Average Home Age

25.7 years

Currently For Sale

60 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 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patrick Meehan, RE/MAX New Beginnings Realty-Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22038879
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 Neptune Drive built and last sold?
The property at 165 Neptune Drive was built in 1994 and last sold on Dec 11, 2020 for $320,000.
How much is this home worth?
The estimated value of the home located at 165 Neptune Drive is $0.
What are some comparable homes to 165 Neptune Drive?
There are currently no comparable homes to 165 Neptune Drive.
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