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Waretown 08758
20 Jolly Roger Way
$405,000
● House - Off Market

20 Jolly Roger Way

Waretown, NJ 08758
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,717 Ft²
$518,130
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Value in the land! Million dollar views! Second lagoon from Barnegat Bay & across from Barnegat Inlet. Home being sold strictly as is. The bulkhead was re-sheathed in 2012. The community has  a private beach, clubhouse, marina/ramp, playground etc.
Unit Size
1,717 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$232
Property Type
House
Property Taxes
$660
HOA Dues
$19
Year Built
1962

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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 #22037621)

Price History

Date / Event Date Event Price
Jan 11, 2021 Sold
Premium
Sold
Oct 19, 2020 No longer available -
No longer available
Oct 18, 2020 Listed by Long & Foster Real Estate Inc $399,000
Listed by Long & Foster Real Estate Inc
Sep 27, 2020 Relisted $499,000
Relisted
Sep 15, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 6,320
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,717
  • Building Area: 1,717
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,717
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 19
  • District: 21
  • Parcel: 21 00152-0000-00010
  • Block: 152
  • Lot: 10
  • Municipality: OCEAN TWP
  • Latitude: 39.795
  • Longitude: -74.1831

    Address

  • Full Address: 20 Jolly Roger Way
  • Address - House Number: 20
  • Address - Street Name: Jolly Roger
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R803
  • 4-Digit Zip Code: 2125
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $840,516

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 610,267
  • High Value: 742,331
  • Low Value: 478,203

    Market Valuation

  • Market Total Value: $386,800
  • Market Land Value: $244,200
  • Market Improvement Value: $142,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,800
  • Assessed Land Value: $244,200
  • Assessed Improvements Value: $142,600

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021009604
  • Previous Sale Recording Date: Jun 26, 1995
  • Previous Sale Contract Date: Jun 15, 1995
  • Previous Sale Amount: $162,500
  • 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 Waretown

Stats & Trends

Median Asking:

$504,500

Sale Price/ft²

$308

Below Asking

0.01%

Average Days on Market

73

Average Home Size

1941 ft²

Average Home Age

37.4 years

Currently For Sale

9 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 148 Bayshore Drive, Barnegat, NJ, 08005

$2,800 /mo

  • 3 Beds
  • 1 Bath
148 Bayshore Drive #B, Barnegat, NJ, 08005 Listing by Edward Ramiza

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dawn E Kologi, Long & Foster Real Estate Inc
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22037621
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 20 Jolly Roger Way built and last sold?
The property at 20 Jolly Roger Way was built in 1962 and last sold on Jan 14, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 20 Jolly Roger Way is $409,516.
What are some comparable homes to 20 Jolly Roger Way?
There are currently no comparable homes to 20 Jolly Roger Way.
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