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Ocean Acres 08050
200 Navy Lane
$395,000
● House - Off Market

200 Navy Lane

Manahawkin, NJ 08050
bedrooms
4 Beds
bathrooms
2 Baths
$396,613
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Welcome to your new home!  Freshly renovated, open concept, modern 4BR 2 full bath home. New flooring through out. New kitchen with stainless steel appliances and granite counter tops. 2 new bathrooms.  Valted cieling living room with wood burning fireplace and attached family room with panaramic windows and slider to deck to in ground back yard pool. Master suite on 1st floor with walk in closet plus 2 additional closets, master bath and slider out to deck and pool. 2 Bedrooms upstairs with new full Jack and Jill bath in between and overlooking the living room. Bonus bedroom on first floor with seperate entrance as well as storage space. Large corner property with 2 driveways with room to expand yard. Endless potential. Close to RT 72 shopping, Garden State Parkway, Barnegat Bay and LBI!!
Unit Size
-
Days on Market
176 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1978

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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: 2 years ago (MOMLS #22117355)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
May 31, 2021 Listed by Rite Choice Realty $359,999
Listed by Rite Choice Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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: 0
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735004

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 31
  • Parcel: 31 00044- 84-00015
  • Block: 44.84
  • Lot: 15
  • Municipality: STAFFORD TWP
  • Latitude: 39.7399
  • Longitude: -74.2727

    Address

  • Full Address: 200 Navy Ln
  • Address - House Number: 200
  • Address - Street Name: Navy
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2031
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,064

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 466,948
  • High Value: 567,546
  • Low Value: 366,350

    Market Valuation

  • Market Total Value: $227,300
  • Market Land Value: $62,000
  • Market Improvement Value: $165,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,300
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $165,300

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021177518
  • Previous Sale Recording Date: May 28, 2003
  • Previous Sale Contract Date: Apr 24, 2003
  • Previous Sale Amount: $188,000
  • 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 Ocean Acres

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1536 ft²

Average Home Age

26.8 years

Currently For Sale

57 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 356 Leeward Road, Manahawkin, NJ, 08050

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
356 Leeward Road, Manahawkin, NJ, 08050 Listing by Jamie Arcykiewicz
Unit for rent at 399 Golfview Drive, Stafford, NJ, 08050

$3,600 /mo

  • 4 Beds
  • 4 Baths
  • 3,356 ft²
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Luis Cartaya, Rite Choice Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22117355
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 200 Navy Lane built and last sold?
The property at 200 Navy Lane was built in 1978 and last sold on Dec 2, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 200 Navy Lane is $0.
What are some comparable homes to 200 Navy Lane?
There are currently no comparable homes to 200 Navy Lane.
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