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Toms River 08753
2 Fairway Drive
$226,000
● House - Off Market

2 Fairway Drive

Toms River, NJ 08753
bedrooms
3 Beds
bathrooms
2 Baths
$425,652
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Beautiful move in condition 3BR,2BA Cape in desirable Point O' Woods, sits on a large professionally landscaped corner lot with underground sprinklers, newer shed and a great deck for those summer barbeque's. Features include updated kitchen, hardwood floors,sitting area off master bedroom and a finished basement with a bath. Hurry this one won't last!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21408972)

Price History

Date / Event Date Event Price
Jun 3, 2014 Sold
Premium
Sold
Mar 13, 2014 Listed by Weichert Realtors-Toms River $229,000
Listed by Weichert Realtors-Toms River

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,130
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 830
  • Total Building Area: 877
  • Building Area: 877
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 877
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723600

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 80
  • District: 08
  • Parcel: 08 00687- 11-00001
  • Block: 687.11
  • Lot: 1
  • Municipality: DOVER TWP
  • Latitude: 39.9516
  • Longitude: -74.1785

    Address

  • Full Address: 2 Fairway Dr
  • Address - House Number: 2
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C005
  • 4-Digit Zip Code: 6843
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $489,852

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 419,485
  • High Value: 512,070
  • Low Value: 326,899

    Market Valuation

  • Market Total Value: $293,500
  • Market Land Value: $191,000
  • Market Improvement Value: $102,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,500
  • Assessed Land Value: $191,000
  • Assessed Improvements Value: $102,500

    Sales

  • Current Sale Contract Date: Jun 03, 2014
  • Current Sale Recording Date: Jun 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014050183
  • Previous Sale Recording Date: Feb 24, 2003
  • Previous Sale Contract Date: Dec 26, 2002
  • Previous Sale Amount: $169,900
  • 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 Toms River

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$303

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1858 ft²

Average Home Age

45 years

Currently For Sale

555 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 211 Henley Avenue, Pine Beach, NJ, 08741

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,000 ft²
211 Henley Avenue, Pine Beach, NJ, 08741 Listing by Kathleen Bloom-Anen
Unit for rent at 652 Berkeley Avenue, Beachwood, NJ, 08722

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,152 ft²
652 Berkeley Avenue, Beachwood, NJ, 08722 Listing by Gina Scodella

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sharon A Zanetti, Weichert Realtors-Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21408972
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 2 Fairway Drive built and last sold?
The property at 2 Fairway Drive was built in 1951 and last sold on Jun 3, 2014 for $226,000.
How much is this home worth?
The estimated value of the home located at 2 Fairway Drive is $0.
What are some comparable homes to 2 Fairway Drive?
There are currently no comparable homes to 2 Fairway Drive.
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