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Point Pleasant 08742 Point Pleasant
1817 Beach Boulevard
$396,000
● Land - Off Market

1817 Beach Boulevard

Point Pleasant, NJ 08742
bedrooms
Studio
bathrooms
0 Bath
$423,294
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Spectacular opportunity in the Bay Head Shores section of Point Pleasant to build a dream home or totally renovate one to your liking.  This approximately 1100 square foot ranch with garage on 65' x 100' lot is close to the Bay Head Shores Property Owners' Association where you can enjoy voluntary membership with clubhouse, recreational bay beach and captivating views. Home is being sold ''as is.'' Come live the good life at the Jersey Shore!
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$478
HOA Dues
-
Year Built
1957

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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 #22233457)

Price History

Date / Event Date Event Price
Dec 7, 2022 Sold
Premium
Sold
Oct 27, 2022 Listed by Coldwell Banker Riviera Realty $399,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 2
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Point Pleasant Borough School District
  • Census Tract: 711400

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 25
  • Parcel: 25 00280-0000-00015
  • Block: 280
  • Lot: 15
  • Municipality: POINT PLEASANT BORO
  • Latitude: 40.0673
  • Longitude: -74.0565

    Address

  • Full Address: 1817 Beach Blvd
  • Address - House Number: 1817
  • Address - Street Name: Beach
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Point Pleasant Boro
  • Carrier Code: C037
  • 4-Digit Zip Code: 5218
  • Zip Code: 08742

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $582,780

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 540,791
  • High Value: 645,432
  • Low Value: 436,150

    Market Valuation

  • Market Total Value: $272,200
  • Market Land Value: $192,500
  • Market Improvement Value: $79,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,200
  • Assessed Land Value: $192,500
  • Assessed Improvements Value: $79,700

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Dec 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 128742
  • Previous Sale Recording Date: Jan 07, 1988
  • Previous Sale Contract Date: Jan 07, 1988
  • Previous Sale Amount: $67,500
  • 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 Point Pleasant

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$507

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1862 ft²

Average Home Age

33.2 years

Currently For Sale

45 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: Joanne M Platz, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22233457
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 1817 Beach Boulevard built and last sold?
The property at 1817 Beach Boulevard was built in 1957 and last sold on Nov 23, 2022 for $396,000.
How much is this home worth?
The estimated value of the home located at 1817 Beach Boulevard is $402,990.
What are some comparable homes to 1817 Beach Boulevard?
There are currently no comparable homes to 1817 Beach Boulevard.
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