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Pine Lake Park 08757
2109 4th Avenue
$690,500
● House - Off Market

2109 4th Avenue

Manchester, NJ 08757
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,325 Ft²
$3,860
Est. Monthly
13.50%
Cap Rate

About This Property

AUCTION CANCELED! ACCEPTED OFFER. This center hall colonel offers newer AC, Furnace, and Roof. It has a two-story foyer, spacious living & dining room, plus an eat in kitchen with large family room off the kitchen. The finished basement has a bedroom and family room area plus additional space for storage. The backyard features a large deck with a pool. You will not want to miss an opportunity to make this your forever home!
Unit Size
2,325 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$277
Property Type
House
Property Taxes
$693
HOA Dues
-
Year Built
2002

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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 #22422604)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Nov 8, 2024 In contract -
In contract
Aug 6, 2024 Listed by Haines Realty $645,000
Listed by Haines Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 933
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,325
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 3

    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: 40-42

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • District: 19
  • Parcel: 19 00001- 84-00039
  • Block: 1.84
  • Lot: 39
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0001
  • Longitude: -74.24

    Address

  • Full Address: 2109 4th Ave
  • Address - House Number: 2109
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C059
  • 4-Digit Zip Code: 3601
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $790,312

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 692,663
  • High Value: 826,690
  • Low Value: 558,635

    Market Valuation

  • Market Total Value: $356,800
  • Market Land Value: $80,000
  • Market Improvement Value: $276,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,800
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $276,800

    Sales

  • Current Sale Contract Date: Mar 20, 2002
  • Current Sale Recording Date: May 03, 2002
  • Current Sale Price:
    Premium
  • Current 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:

$572,450

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1556 ft²

Average Home Age

36.7 years

Currently For Sale

33 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 250 Bent Hook Road, Toms River, NJ, 08755

$4,650 /mo

  • 4 Beds
  • 3 Baths
  • 3,013 ft²
250 Bent Hook Road, Toms River, NJ, 08755 Listing by Shoshana Fromovitz

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Esthermarie Gallicchio, Haines Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22422604
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 2109 4th Avenue built and last sold?
The property at 2109 4th Avenue was built in 2002 and last sold on Mar 20, 2002 for $225,000.
How much is this home worth?
The estimated value of the home located at 2109 4th Avenue is $651,450.
What are some comparable homes to 2109 4th Avenue?
There are currently no comparable homes to 2109 4th Avenue.
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