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Toms River 08755
217 Edgemere Drive
$880,000
● House - Off Market

217 Edgemere Drive

Toms River, NJ 08755
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,934 Ft²
$5,150
Est. Monthly
4.73%
Cap Rate

About This Property

Discover the charm of this expanded ranch in the prestigious and desirable North Dover section of Toms River, completely upgraded and renovated in 2006 & beyond.  This must see home captures dignified living within its spacious domain, accentuated by an expansive outdoor oasis. The front is immediately appealing with its fine landscaping, large covered porch and ample parking. Stepping inside, you will find a large living room and family room. Off these rooms is a sizable kitchen with wooden cabinets, ample counter space, and dining area. In addition, there are 3 bedrooms, 2 baths, a finished basement, and an in-law Suite with Kitchen, Living Room, Bedroom, and Bath. The outside will wow you - gorgeous inground pool, hot tub, gazebo, fire pit, and large grass area complete the backyard!
Unit Size
2,934 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$300
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1969

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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 #22422204)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Aug 30, 2024 In contract -
In contract
Aug 21, 2024 Relisted $880,000
Relisted
Aug 8, 2024 No longer available -
No longer available
Aug 2, 2024 Listed by EXIT Realty Jersey Shore $969,000
Listed by EXIT Realty Jersey Shore

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,560
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,790
  • Lot Size Depth Feet: 2,900
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 2,824
  • Building Area: 2,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,824
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001005
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722004

Zoning

  • Zoning: RUR

Geography

  • Assessors Map Reference: TAX MAP 2801
  • District: 08
  • Parcel: 08 00298- 02-00006
  • Block: 298.02
  • Lot: 6
  • Municipality: DOVER TWP
  • Latitude: 40.0205
  • Longitude: -74.2355

    Address

  • Full Address: 217 Edgemere Dr
  • Address - House Number: 217
  • Address - Street Name: Edgemere
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R020
  • 4-Digit Zip Code: 1161
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $958,433

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 777,659
  • High Value: 941,332
  • Low Value: 613,985

    Market Valuation

  • Market Total Value: $574,600
  • Market Land Value: $200,400
  • Market Improvement Value: $374,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,600
  • Assessed Land Value: $200,400
  • Assessed Improvements Value: $374,200

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 11, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2005084675
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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1708 ft²

Average Home Age

45.9 years

Currently For Sale

360 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: Kathleen Biegner, EXIT Realty Jersey Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22422204
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 217 Edgemere Drive built and last sold?
The property at 217 Edgemere Drive was built in 1969 and last sold on Apr 29, 2005 for $390,000.
How much is this home worth?
The estimated value of the home located at 217 Edgemere Drive is $891,303.
What are some comparable homes to 217 Edgemere Drive?
There are currently no comparable homes to 217 Edgemere Drive.
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