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Beach Haven 08008
223 2nd Street
$855,000
● House - Off Market

223 2nd Street

Surf City, NJ 08008
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$851,251
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Golden Opportunity to live on LBI. This home offers 3 bedroom/4 if you wanted to remove the kitchen. 2 full baths roof top fiberglass deck. Home Also has natural gas central air and outside shower. This can be a knock down and build your dream home that will have a value upwards of 1,500,000 or a refurbish and have a great home for the weekends or a rental property . Great investment!!!!! Call today this will not last.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$583
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1950

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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: 2 years ago (MOMLS #22107043)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed by RE/MAX at Barnegat Bay $700,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 5
  • 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: 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: 8,143
  • Lot Size Depth Feet: 1,198
  • Lot Size Frontage Feet: 680
  • Total Building Area: 3,016
  • Building Area: 3,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Southern Regional School District
  • Census Tract: 738002

Zoning

  • Zoning: R-B

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 04
  • Parcel: 04 00155-0000-00021
  • Block: 155
  • Lot: 21
  • Municipality: BEACH HAVEN BORO
  • Latitude: 39.5645
  • Longitude: -74.2387

    Address

  • Full Address: 223 2nd St
  • Address - House Number: 223
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Beach Haven
  • Carrier Code: C002
  • 4-Digit Zip Code: 1851
  • Zip Code: 08008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $967,050

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,477,615
  • High Value: 1,766,392
  • Low Value: 1,188,837

    Market Valuation

  • Market Total Value: $859,600
  • Market Land Value: $565,500
  • Market Improvement Value: $294,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $859,600
  • Assessed Land Value: $565,500
  • Assessed Improvements Value: $294,100

    Sales

  • Current Sale Contract Date: Apr 06, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015035277
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 Beach Haven

Stats & Trends

Median Asking:

$2,097,500

Sale Price/ft²

$1,133

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2112 ft²

Average Home Age

59.1 years

Currently For Sale

31 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 1 E 29th Street, NJ, 08008

$3,400 /mo

  • 4 Beds
  • 2 Baths
1 E 29th Street, NJ, 08008 Listing by Laura Mondo

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# 22107043
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 223 2nd Street built and last sold?
The property at 223 2nd Street was built in 1950 and last sold on Apr 6, 2015 for $445,000.
How much is this home worth?
The estimated value of the home located at 223 2nd Street is $0.
What are some comparable homes to 223 2nd Street?
There are currently no comparable homes to 223 2nd Street.
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