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Ocean 08741
17 Layton Avenue
$590,000
● House - Off Market

17 Layton Avenue

Pine Beach, NJ 08741
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,108 Ft²
$821,705
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Magnificent and sprawling custom 5 bedroom home offering more than 3,000 sq ft of living space on a over sized lot complete with an expansive second story deck, ground level covered patio and resort like pool area, all in a desired and sought after waterfront community. This impressive property must be seen to be appreciated and offers bright and open spaces, modern and stylish finishes and updates, a beautiful newer kitchen with upgraded cabinets, granite counter tops, high end stainless steel appliances, a center island and classic tile back splash. The main level features hardwood floors, large bedrooms including a master suite, stunning bathrooms and sliding door out to the back deck. The first level has a huge family room, bedroom options and a finished garage that will blow you away.
Unit Size
3,108 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1975

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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 #22004581)

Price History

Date / Event Date Event Price
Aug 13, 2020 Sold
Premium
Sold
Feb 3, 2020 Listed by RE/MAX at Barnegat Bay $599,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,580
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 3,108
  • Building Area: 3,108
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,108
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000312
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 155,156

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731101

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 06
  • Parcel: 06 00887-0000-00007
  • Block: 887
  • Lot: 7
  • Municipality: BERKELEY TWP
  • Latitude: 39.9357
  • Longitude: -74.1559

    Address

  • Full Address: 17 Layton Ave
  • Address - House Number: 17
  • Address - Street Name: Layton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1423
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,133,946

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 801,843
  • High Value: 970,215
  • Low Value: 633,471

    Market Valuation

  • Market Total Value: $498,000
  • Market Land Value: $133,500
  • Market Improvement Value: $364,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,000
  • Assessed Land Value: $133,500
  • Assessed Improvements Value: $364,500

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020090532
  • Previous Sale Recording Date: Dec 30, 2003
  • Previous Sale Contract Date: Dec 19, 2003
  • Previous Sale Amount: $220,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

28.8 years

Currently For Sale

4270 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

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MOMMLS

Listed by: Robert Kosinski, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22004581
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 17 Layton Avenue built and last sold?
The property at 17 Layton Avenue was built in 1975 and last sold on Aug 11, 2020 for $590,000.
How much is this home worth?
The estimated value of the home located at 17 Layton Avenue is $0.
What are some comparable homes to 17 Layton Avenue?
There are currently no comparable homes to 17 Layton Avenue.
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