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Ocean 08759
2050 Harry Wright Boulevard
$83,000
● Land - Off Market

2050 Harry Wright Boulevard

Whiting, NJ 08759
bedrooms
Studio
bathrooms
0 Bath
$144,490
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

This 1.01 acre lot in prestigious Roosevelt City has Pinelands Approval, well permit, septic approval, Ocean County Health Approval, County Soil Conservation Site Plan Approval, Zoning Approval, Complete Construction Drawings. The sale includes the Pinelands Development Credits necessary to make this property buildable.
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
-
Year Built
2019

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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 #21616147)

Price History

Date / Event Date Event Price
Jun 1, 2017 Sold
Premium
Sold
Apr 25, 2016 Listed by Pacesetter Realty $90,000
Listed by Pacesetter Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 2,160
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,048
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROOSEVELT CITY
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720001

Zoning

  • Zoning: PFAR

Geography

  • Assessors Map Reference: TAX MAP 2605
  • District: 19
  • Parcel: 19 00099- 222-00001
  • Block: 99.222
  • Lot: 1
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9127
  • Longitude: -74.3757

    Address

  • Full Address: 2050 Harry Wright Blvd
  • Address - House Number: 2050
  • Address - Street Name: Harry Wright
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C033
  • 4-Digit Zip Code: 3834
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $762,625

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 578,651
  • High Value: 690,618
  • Low Value: 466,685

    Market Valuation

  • Market Total Value: $344,300
  • Market Land Value: $85,000
  • Market Improvement Value: $259,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,300
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $259,300

    Sales

  • Current Sale Contract Date: Jun 01, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017059864
  • Previous Sale Recording Date: Aug 14, 2012
  • Previous Sale Contract Date: Aug 10, 2012
  • Previous Sale Amount: $25,000
  • 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

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29.2 years

Currently For Sale

4406 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

Rentals Near You

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MOMMLS

Listed by: Daniel Stevens, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21616147
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 2050 Harry Wright Boulevard built and last sold?
The property at 2050 Harry Wright Boulevard was built in 2019 and last sold on Jun 1, 2017 for $83,000.
How much is this home worth?
The estimated value of the home located at 2050 Harry Wright Boulevard is $0.
What are some comparable homes to 2050 Harry Wright Boulevard?
There are currently no comparable homes to 2050 Harry Wright Boulevard.
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