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Pine Lake Park 08757
2017 8th Avenue
$350,000
● House - Off Market

2017 8th Avenue

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$390,275
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

3 bedroom ranch with basement on manicured property. Updated kitchen with granite countertops. Hardwood floors in living room/ dining room. Half bathroom in the basement.

Above ground pool with large extended deck, Private, gated-in backyard. Under ground sprinkler system. New septic just put in recently.

Come check out yourself!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1976

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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 #22127493)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Aug 16, 2021 Listed by Keller Williams Realty Monmouth/Ocean $350,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,272
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,272
  • 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: 36-38

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720204

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • Account Number: 1325
  • District: 19
  • Parcel: 19 00001- 163-00035
  • Block: 1.163
  • Lot: 35
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0031
  • Longitude: -74.2426

    Address

  • Full Address: 2017 8th Ave
  • Address - House Number: 2017
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R004
  • 4-Digit Zip Code: 3039
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $550,872

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 430,368
  • High Value: 525,027
  • Low Value: 335,708

    Market Valuation

  • Market Total Value: $239,900
  • Market Land Value: $80,000
  • Market Improvement Value: $159,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,900
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $159,900

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021167537
  • Previous Sale Recording Date: Jan 14, 2003
  • Previous Sale Contract Date: Nov 08, 2002
  • Previous Sale Amount: $90,000
  • 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 Pine Lake Park

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$338

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1312 ft²

Average Home Age

41 years

Currently For Sale

68 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: Baila Jaskiel, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22127493
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 2017 8th Avenue built and last sold?
The property at 2017 8th Avenue was built in 1976 and last sold on Nov 12, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 2017 8th Avenue is $0.
What are some comparable homes to 2017 8th Avenue?
There are currently no comparable homes to 2017 8th Avenue.
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