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Toms River 08753
201 Marom Drive
$298,000
● House - Off Market

201 Marom Drive

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,082 Ft²
$451,682
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

WOW!!  A LOT of House!! Over 3000 sq. ft. of living space gives everyone plenty of room to spread out and enjoy this AWESOME Cape Cod! Featuring a double wide lot, complete with 2 decks, great for backyard parties! Well maintained grounds and fenced in property gives kids lots of safe space to play! With 2 great size rooms up stairs and full bath with nice size guest room or 3rd bedroom downstairs along with a great size master with plenty of closet space and full bath. Enjoy the huge sunken living room with fireplace that also connects to the nice size family room that is open to the kitchen. With a formal dining room, full basement ,garage and so close to the water,  it will be hard to beat this great 3000 sq ft home, especially for this Neighborhood!   Make this your DREAM HOME TODAY!
Unit Size
3,082 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1972

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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 #21927713)

Price History

Date / Event Date Event Price
Jan 17, 2020 Sold
Premium
Sold
Jul 3, 2019 Listed by Coldwell Banker Flanagan Realty $310,000
Listed by Coldwell Banker Flanagan Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,682
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,528
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 3,082
  • Building Area: 3,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 12

Neighborhood

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

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 84
  • District: 08
  • Parcel: 08 00705- 02-00011
  • Block: 705.02
  • Lot: 11
  • Municipality: DOVER TWP
  • Latitude: 39.9522
  • Longitude: -74.1634

    Address

  • Full Address: 201 Marom Dr
  • Address - House Number: 201
  • Address - Street Name: Marom
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C013
  • 4-Digit Zip Code: 6941
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $667,767

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 542,562
  • High Value: 650,709
  • Low Value: 434,415

    Market Valuation

  • Market Total Value: $400,100
  • Market Land Value: $109,000
  • Market Improvement Value: $291,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,100
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $291,100

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020008570
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:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1716 ft²

Average Home Age

45.9 years

Currently For Sale

365 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 659 Mccormick Drive, Toms River, NJ, 08753

$3,650 /mo

  • 4 Beds
  • 3 Baths
  • 2,175 ft²
659 Mccormick Drive, Toms River, NJ, 08753 Listing by David Tovi

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mark Scatigna, Coldwell Banker Flanagan Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21927713
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 201 Marom Drive built and last sold?
The property at 201 Marom Drive was built in 1972 and last sold on Jan 15, 2020 for $298,000.
How much is this home worth?
The estimated value of the home located at 201 Marom Drive is $0.
What are some comparable homes to 201 Marom Drive?
There are currently no comparable homes to 201 Marom Drive.
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