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Pine Lake Park 08757
1716 3rd Avenue
$437,000
● House - Off Market

1716 3rd Avenue

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$464,332
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

This ranch style home is located in the Pine Lake Park section of Manchester Twp. The home features hardwood floors, 3 bedrooms, 2 baths, formal dining room, garage, and full basement partially finished. The yard has matured landscaping which can be easily maintained. All this, plus a storage shed and large inground pool and patio for the whole family to enjoy! The house is located on a quiet street, walking distance to neighborhood parks. Call today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1974

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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 #22224053)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Jul 31, 2022 Listed by Keller Williams Shore Properties $440,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,277
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,277
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,277
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 15-17

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • Account Number: 499
  • District: 19
  • Parcel: 19 00001- 45-00014
  • Block: 1.45
  • Lot: 14
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9977
  • Longitude: -74.2475

    Address

  • Full Address: 1716 3rd Ave
  • Address - House Number: 1716
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C059
  • 4-Digit Zip Code: 3509
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $513,024

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 457,100
  • High Value: 555,686
  • Low Value: 358,515

    Market Valuation

  • Market Total Value: $242,900
  • Market Land Value: $80,000
  • Market Improvement Value: $162,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,900
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $162,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 121484
  • Previous Sale Recording Date: Nov 01, 1978
  • Previous Sale Contract Date: Nov 01, 1978
  • Previous Sale Amount: $41,000
  • 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 Pine Lake Park

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1331 ft²

Average Home Age

38.1 years

Currently For Sale

72 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 43 3rd St Street, Manchester, NJ, 08759

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,346 ft²
43 3rd St Street, Manchester, NJ, 08759 Listing by Israel Silber
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: Patric Dambroski, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22224053
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 1716 3rd Avenue built and last sold?
The property at 1716 3rd Avenue was built in 1974 and last sold on Nov 11, 2022 for $437,000.
How much is this home worth?
The estimated value of the home located at 1716 3rd Avenue is $0.
What are some comparable homes to 1716 3rd Avenue?
There are currently no comparable homes to 1716 3rd Avenue.
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