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Ocean 08005
18 Deer Run Drive N
$360,000
● House - Off Market

18 Deer Run Drive N

Barnegat, NJ 08005
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$396,504
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beachhouse Decor, 4 bedrooms, 2 baths, yard with pool and Tiki Bar! What else is there?? Don't miss this beautiful home in the Timbers section. Upper floor features formal LR/DR with tons of natural light, of course there is an updated kitchen with white cabinets, SS appliances and granite counter tops, 3 bedrooms and an updated bathroom with shiplap and tiled shower that you won't want to leave... Downstairs has a family room, large bedroom and another gorgeous full bath! Backyard has a deck, large grill with connected gas, pool with surrounding deck AND  a Tiki Bar! If you hurry, there may still be time for a Margarita and a swim!
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$511
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 #22128548)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by RE/MAX at Barnegat Bay $359,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,650
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FINAL MAP THE TIMBERS SECTION 6
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734002

Zoning

  • Zoning: RC75

Geography

  • Assessors Map Reference: TAX MAP 70
  • District: 01
  • Parcel: 01 00116- 30-00002
  • Block: 116.30
  • Lot: 2
  • Municipality: BARNEGAT TWP
  • Latitude: 39.763
  • Longitude: -74.2411

    Address

  • Full Address: 18 Deer Run Dr N
  • Address - House Number: 18
  • Street Segment Direction: N
  • Address - Street Name: Deer Run
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R011
  • 4-Digit Zip Code: 2022
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,458

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 424,743
  • High Value: 515,971
  • Low Value: 333,515

    Market Valuation

  • Market Total Value: $219,900
  • Market Land Value: $84,800
  • Market Improvement Value: $135,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,900
  • Assessed Land Value: $84,800
  • Assessed Improvements Value: $135,100

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021173324
  • Previous Sale Recording Date: May 19, 2003
  • Previous Sale Contract Date: Apr 02, 2003
  • Previous Sale Amount: $215,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3002 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 79 Lexington Boulevard, Barnegat, NJ, 08005

$2,750 /mo

  • 3 Beds
  • 1 Bath
79 Lexington Boulevard, Barnegat, NJ, 08005 Listing by Victor Alhalabi
Unit for rent at 399 Golfview Drive, Stafford, NJ, 08050

$3,000 /mo

  • 4 Beds
  • 4 Baths
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Hewitt, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22128548
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 18 Deer Run Drive North built and last sold?
The property at 18 Deer Run Drive North was built in 1986 and last sold on Nov 15, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 18 Deer Run Drive North is $373,395.
What are some comparable homes to 18 Deer Run Drive North?
There are currently no comparable homes to 18 Deer Run Drive North.
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