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Pine Beach 08741
204 Midland Avenue
$460,000
● House - Off Market

204 Midland Avenue

Pine Beach, NJ 08741
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,408 Ft²
$534,059
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Location Location!! Water views from almost every room in this lovingly maintained home. Come right in and relax front porch(heat and air)and enjoy the beautiful views of the Toms River and the gorgeous sunsets later in the day.There is crown molding and  gleaming wood floors  in the living room and dining room, along with a wood burning fireplace that also holds an electric insert that can be easily removed.Newly remodeled full bath.Newer roof with gutter guards for easy maintenance.Well water for outside sprinklers.New gas stove and vented  slim design hood in kitchen.Newer 400 series Anderson windows.Sliders to newer deck that can be covered by 18ft.retractable awning.Stamped concrete walk and driveway and Belgium block curbing lead to detached garage with electric. much more!
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$319
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1942

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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: 2 years ago (MOMLS #22110782)

Price History

Date / Event Date Event Price
May 14, 2021 Sold
Premium
Sold
Apr 11, 2021 Listed by RE/MAX New Beginnings Realty-Toms River $449,000
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 4
  • Exterior Walls Type: 7
  • 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: 1,184
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L3,5

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 730000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 23
  • Parcel: 23 00024-0000-00001
  • Block: 24
  • Lot: 1
  • Municipality: PINE BEACH BORO
  • Latitude: 39.9378
  • Longitude: -74.1653

    Address

  • Full Address: 204 Midland Ave
  • Address - House Number: 204
  • Address - Street Name: Midland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1244
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,685

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 469,138
  • High Value: 568,463
  • Low Value: 369,813

    Market Valuation

  • Market Total Value: $320,400
  • Market Land Value: $150,000
  • Market Improvement Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,400
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $170,400

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021093264
  • Previous Sale Recording Date: Jul 10, 1995
  • Previous Sale Contract Date: Jun 30, 1995
  • Previous Sale Amount: $105,000
  • 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 Beach

Stats & Trends

Median Asking:

$562,450

Sale Price/ft²

$346

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1977 ft²

Average Home Age

63.8 years

Currently For Sale

8 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 55 Terrace Avenue, Toms River, NJ, 08753

$2,099 /mo

  • 2 Beds
  • 1 Bath
  • 768 ft²
55 Terrace Avenue #18B, Toms River, NJ, 08753 Listing by Michael Sclafani

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Anna Eichen, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22110782
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 204 Midland Avenue built and last sold?
The property at 204 Midland Avenue was built in 1942 and last sold on May 10, 2021 for $460,000.
How much is this home worth?
The estimated value of the home located at 204 Midland Avenue is $0.
What are some comparable homes to 204 Midland Avenue?
There are currently no comparable homes to 204 Midland Avenue.
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