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Pine Lake Park 08757
1924 4th Avenue
$262,000
● House - Off Market

1924 4th Avenue

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$381,448
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Pride of ownership is evident from the moment you pull up to this pristine Pine Lake Park Colonial. As you enter the foyer the gleaming Hardwood floors take you from the family Rm through the living & dining Rooms which opens to the newer granite kitchen and recently updated bath and laundry room. Upstairs you'll find 3 generous bedrooms and a newly renovated bath.  The park like yard is highlighted by the Family sized deck, overlooking the fire pit, and plenty of room for horseshoes and volleyball. All this and sitting on a nicely manicured lot, within walking distance to the neighborhood playground, a short bike ride to the lake complete with a splash pod, paddle boats, and in close proximity to everything this wonderful area has to offer. A Great Value!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1989

Payment Calculator

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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 #21949205)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Dec 28, 2019 Listed by Berkshire Hathaway HomeServices Fox & Roach $269,900
Listed by Berkshire Hathaway HomeServices Fox & Roach

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 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: 1,614
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 6

    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
  • District: 19
  • Parcel: 19 00001- 55-00014
  • Block: 1.55
  • Lot: 14
  • Municipality: MANCHESTER TWP
  • Latitude: 39.999
  • Longitude: -74.2437

    Address

  • Full Address: 1924 4th Ave
  • Address - House Number: 1924
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C059
  • 4-Digit Zip Code: 3607
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $521,633

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 461,424
  • High Value: 564,621
  • Low Value: 358,228

    Market Valuation

  • Market Total Value: $235,500
  • Market Land Value: $80,000
  • Market Improvement Value: $155,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,500
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020057903
  • Previous Sale Recording Date: Aug 19, 1999
  • Previous Sale Contract Date: Jul 29, 1999
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 12
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:

$572,450

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1551 ft²

Average Home Age

37.2 years

Currently For Sale

34 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 13 Swain Avenue, Toms River, NJ, 08755

$3,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
13 Swain Avenue, Toms River, NJ, 08755 Listing by Joel Schachner
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: James Hawkes, Berkshire Hathaway HomeServices Fox & Roach
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21949205
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 1924 4th Avenue built and last sold?
The property at 1924 4th Avenue was built in 1989 and last sold on May 29, 2020 for $262,000.
How much is this home worth?
The estimated value of the home located at 1924 4th Avenue is $272,599.
What are some comparable homes to 1924 4th Avenue?
There are currently no comparable homes to 1924 4th Avenue.
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