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Ocean Acres 08050
211 Torpedo Road
$465,000
● House - Off Market

211 Torpedo Road

Manahawkin, NJ 08050
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$477,693
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this fabulous colonial situated in the beautiful town of Manahawkin, near New Jersey's beautiful waterways and beaches. The original owner has maintained the home with love and care. You are greeted by a beautiful rocking chair porch, and enter into a spacious living and dining room. An eat in kitchen and large family room are perfect for a family to enjoy. With a little bit of updating, this house can be transformed to something special. The space, location and stunning corner property is something to ooh and ahh about!! Heading upstairs you'll find 4 generous bedrooms and two full bathrooms. A two car garage will give you space for all you storage needs. Grab this home and make it your own today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1997

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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 #22310646)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Apr 23, 2023 Listed by HomeSmart First Advantage $479,000
Listed by HomeSmart First Advantage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,376
  • Lot Size Depth Feet: 902
  • Lot Size Frontage Feet: 1,262
  • Total Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,109
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735001

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 31
  • Parcel: 31 00044- 198-00009
  • Block: 44.198
  • Lot: 9
  • Municipality: STAFFORD TWP
  • Latitude: 39.7472
  • Longitude: -74.2847

    Address

  • Full Address: 211 Torpedo Rd
  • Address - House Number: 211
  • Address - Street Name: Torpedo
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C007
  • 4-Digit Zip Code: 1340
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,328

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 505,578
  • High Value: 614,498
  • Low Value: 396,657

    Market Valuation

  • Market Total Value: $254,600
  • Market Land Value: $66,900
  • Market Improvement Value: $187,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,600
  • Assessed Land Value: $66,900
  • Assessed Improvements Value: $187,700

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52520
  • Previous Sale Recording Date: Jul 03, 1997
  • Previous Sale Contract Date: Jun 20, 1997
  • Previous Sale Amount: $136,980
  • 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 Acres

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1597 ft²

Average Home Age

25.1 years

Currently For Sale

61 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 399 Golfview Drive, Stafford, NJ, 08050

$3,600 /mo

  • 4 Beds
  • 4 Baths
  • 3,356 ft²
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Devora Munk, HomeSmart First Advantage
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22310646
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 211 Torpedo Road built and last sold?
The property at 211 Torpedo Road was built in 1997 and last sold on Jul 7, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 211 Torpedo Road is $483,790.
What are some comparable homes to 211 Torpedo Road?
There are currently no comparable homes to 211 Torpedo Road.
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