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Pine Lake Park 08757
1816 Commonwealth Boulevard
$169,000
● House - Off Market

1816 Commonwealth Boulevard

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,474 Ft²
$318,698
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

This Bilevel located in Pine Lake Park; Shows well and has great Curb appeal. Main level feature hardwood floors in kitchen. Dining room with slider to rear deck and 2 full bathrooms. Lower level has an L shaped family room or great for office with utility room and powder room. Oversized 2 car garage and situated on a nice lot.
Unit Size
1,474 Ft²
Days on Market
-
Land Size
-
Price per sqft
$126
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1997

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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 #21533594)

Price History

Date / Event Date Event Price
Apr 14, 2016 Sold
Premium
Sold
Aug 26, 2015 Listed by C21/ Value Plus Realty $185,000
Listed by C21/ Value Plus Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Parking Space Count: 2
  • 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: 1,474
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE LAKE PARK ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 14-16

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • Account Number: 1804
  • District: 19
  • Parcel: 19 00001- 226-00013
  • Block: 1.226
  • Lot: 13
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0045
  • Longitude: -74.2475

    Address

  • Full Address: 1816 Commonwealth Blvd
  • Address - House Number: 1816
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R002
  • 4-Digit Zip Code: 2121
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $485,750

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 451,918
  • High Value: 539,362
  • Low Value: 364,473

    Market Valuation

  • Market Total Value: $219,300
  • Market Land Value: $80,000
  • Market Improvement Value: $139,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,300
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $139,300

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017088355
  • Previous Sale Recording Date: Apr 19, 2016
  • Previous Sale Contract Date: Apr 11, 2016
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 71
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:

$560,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1302 ft²

Average Home Age

41 years

Currently For Sale

68 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 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: Robert Giovinazzo, C21/ Value Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21533594
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 1816 Commonwealth Boulevard built and last sold?
The property at 1816 Commonwealth Boulevard was built in 1997 and last sold on Jun 29, 2017 for $155,176.
How much is this home worth?
The estimated value of the home located at 1816 Commonwealth Boulevard is $203,325.
What are some comparable homes to 1816 Commonwealth Boulevard?
There are currently no comparable homes to 1816 Commonwealth Boulevard.
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