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Ocean Acres 08050
212 Riptide Avenue
$395,000
● House - Off Market

212 Riptide Avenue

Manahawkin, NJ 08050
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,353 Ft²
$604,942
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautiful new four bedroom colonial. Open front porch. Two story foyer. 9 ft. ceilings on 1st floor.  Eat-in kitchen with breakfast bar, open to family room with gas fireplace. Butlers pantry to formal dining room or bar area to living room. Hardwood flooring on first floor. Oak staircase with wrought iron railings. Half bath has tile floor. Second floor features three generous sized bedrooms and a master bedroom with huge walk-in closet, and private bath with double sink vanity. Desirable second floor laundry room. Two car garage, rear deck and finished basement with half bath. Quality built by well established builder. Property taxes are for land only. To be Assessed.
Unit Size
2,353 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21808093)

Price History

Date / Event Date Event Price
Sep 19, 2018 Sold
Premium
Sold
Mar 3, 2018 Listed by Coldwell Banker Riviera Realty $399,900
Listed by Coldwell Banker Riviera Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,045
  • Garage Type: 2
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,385
  • Lot Size Depth Feet: 1,184
  • Lot Size Frontage Feet: 962
  • Total Building Area: 2,389
  • Building Area: 2,389
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,389
  • 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: 735004

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 31
  • Parcel: 31 00044- 29-00012
  • Block: 44.29
  • Lot: 12
  • Municipality: STAFFORD TWP
  • Latitude: 39.7253
  • Longitude: -74.2741

    Address

  • Full Address: 212 Riptide Ave
  • Address - House Number: 212
  • Address - Street Name: Riptide
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2541
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $867,920

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 655,339
  • High Value: 782,145
  • Low Value: 528,534

    Market Valuation

  • Market Total Value: $368,700
  • Market Land Value: $65,300
  • Market Improvement Value: $303,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,700
  • Assessed Land Value: $65,300
  • Assessed Improvements Value: $303,400

    Sales

  • Current Sale Contract Date: Sep 19, 2018
  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018093510
  • Previous Sale Recording Date: Mar 02, 2017
  • Previous Sale Contract Date: Feb 27, 2017
  • Previous Sale Amount: $65,000
  • 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 Acres

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1668 ft²

Average Home Age

28.8 years

Currently For Sale

82 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 356 Leeward Road, Manahawkin, NJ, 08050

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
356 Leeward Road, Manahawkin, NJ, 08050 Listing by Jamie Arcykiewicz
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: Victoria Szieber, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21808093
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 212 Riptide Avenue built and last sold?
The property at 212 Riptide Avenue was built in 2018 and last sold on Sep 19, 2018 for $395,000.
How much is this home worth?
The estimated value of the home located at 212 Riptide Avenue is $0.
What are some comparable homes to 212 Riptide Avenue?
There are currently no comparable homes to 212 Riptide Avenue.
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