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Ocean Acres 08050
216 Steering Lane
$252,000
● House - Off Market

216 Steering Lane

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,100 Ft²
$351,332
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Great starter home for the 1st time buyer that is looking for a quick closing. Cute and quiet, located  in great section of Ocean Acres  this ranch offers 3 bedroom ,1.5 baths, 75x120 lot , concrete driveway  deck and outside shed.  Stunning curb appeal with a beautiful lawn that has underground sprinkler system.  Also  can be a great rental home so calling all investors!!!!!!  Close to Manahawkin schools , Long Beach Island and just 35 minutes from Atlantic City makes this a great shore home. Call today for a private showing!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$236
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1981

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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: 2 years ago (MOMLS #22023004)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jul 9, 2020 Listed by RE/MAX at Barnegat Bay - Manahawkin $259,900
Listed by RE/MAX at Barnegat Bay - Manahawkin
Great starter home for the 1st time buyer that is looking for a quick closing. Cute and quiet, located in great section of Ocean Acres this ranch offers 3 bedroom ,1.5 baths, 75x120 lot , concrete driveway deck and outside shed. Stunning curb appeal with a beautiful lawn that has underground sprinkler system. Also can be a great rental home so calling all investors!!!!!! Close to Manahawkin schools , Long Beach Island and just 35 minutes from Atlantic City makes this a great shore home. Call today for a private showing!

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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 32
  • District: 31
  • Parcel: 31 00044- 100-00006
  • Block: 44.100
  • Lot: 6
  • Municipality: STAFFORD TWP
  • Latitude: 39.7373
  • Longitude: -74.2801

    Address

  • Full Address: 216 Steering Ln
  • Address - House Number: 216
  • Address - Street Name: Steering
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2042
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $364,870

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 337,915
  • High Value: 414,046
  • Low Value: 261,785

    Market Valuation

  • Market Total Value: $155,000
  • Market Land Value: $61,600
  • Market Improvement Value: $93,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,000
  • Assessed Land Value: $61,600
  • Assessed Improvements Value: $93,400

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020109228
  • Previous Sale Recording Date: Dec 15, 2016
  • Previous Sale Contract Date: Dec 01, 2016
  • 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:

$542,200

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1709 ft²

Average Home Age

29.2 years

Currently For Sale

84 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 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser
Unit for rent at 104 Nautilus Drive, Manahawkin, NJ 08050

$3,000 /mo

  • 4 Beds
  • 1.5 Baths
104 Nautilus Drive, Manahawkin, NJ 08050 Listing by DITH PAUL

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Scott Kohli, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22023004
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 216 Steering Lane built and last sold?
The property at 216 Steering Lane was built in 1981 and last sold on Sep 18, 2020 for $252,000.
How much is this home worth?
The estimated value of the home located at 216 Steering Lane is $0.
What are some comparable homes to 216 Steering Lane?
There are currently no comparable homes to 216 Steering Lane.
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