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Toms River 08755
218 Benjamin Street
$976,000
● House - Off Market

218 Benjamin Street

Toms River, NJ 08755
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$972,399
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Welcome to an impressive, remodeled & UPDATED home in sought-after Tallymawr Estates! This home exhibits high-end design & modern decor, starting with custom African Mahogany flooring & beautiful moldings throughout the entire first floor! The MAGNIFICENT state-of-the-art kitchen presents top-quality two-tone cabinetry, custom UPSCALE backsplash & granite counters, updated flooring & newer SS appliances! A new HVAC system (2019), upgraded electric panel, LED lighting & sprinkler systems attest to the excellent upkeep. The SPECTACULAR backyard has been designed with customized leveling & upgraded drainage system, a gorgeous new saltwater pool & massive custom stamped-concrete upgraded patio area (2015) & plenty of privacy!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$924
HOA Dues
$19
Year Built
2004

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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 #22134436)

Price History

Date / Event Date Event Price
Jan 20, 2022 Sold
Premium
Sold
Oct 21, 2021 Listed by Keller Williams Shore Properties $899,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 19
  • 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: 1,531
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,442
  • Total Building Area: 3,156
  • Building Area: 3,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722001

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 08
  • Parcel: 08 00013- 01-00036
  • Block: 13.01
  • Lot: 36
  • Municipality: DOVER TWP
  • Latitude: 40.0572
  • Longitude: -74.2533

    Address

  • Full Address: 218 Benjamin St
  • Address - House Number: 218
  • Address - Street Name: Benjamin
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R017
  • 4-Digit Zip Code: 1470
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,231,818

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 986,001
  • High Value: 1,192,541
  • Low Value: 779,461

    Market Valuation

  • Market Total Value: $738,500
  • Market Land Value: $220,000
  • Market Improvement Value: $518,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,500
  • Assessed Land Value: $220,000
  • Assessed Improvements Value: $518,500

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 9616
  • Previous Sale Recording Date: Jul 12, 2012
  • Previous Sale Contract Date: Jun 05, 2012
  • Previous Sale Amount: $392,625
  • 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 Toms River

Stats & Trends

Median Asking:

$519,450

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1822 ft²

Average Home Age

45.2 years

Currently For Sale

598 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

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MOMMLS

Listed by: Charles Walden, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22134436
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 218 Benjamin Street built and last sold?
The property at 218 Benjamin Street was built in 2004 and last sold on Jan 19, 2022 for $976,000.
How much is this home worth?
The estimated value of the home located at 218 Benjamin Street is $0.
What are some comparable homes to 218 Benjamin Street?
There are currently no comparable homes to 218 Benjamin Street.
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