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Ocean 08759
23 Edgeworth Circle
$250,000
● House - Off Market

23 Edgeworth Circle

Manchester, NJ 08759
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,782 Ft²
$367,353
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

55+ Gated Community in the Exclusive Renaissance. 1782 sq.ft of living space with attached garage. Master bedroom features 2 walk in closets, master bath has stall shower.  Home has a private back yard.  Inviting sun room facing south for maximum sun exposure.  This is a must see house.
Unit Size
1,782 Ft²
Days on Market
80 days
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
$485
HOA Dues
$212
Year Built
2001

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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: 6 months ago (MOMLS #21913158)

Price History

Date / Event Date Event Price
Jun 20, 2019 Sold
Premium
Sold
Mar 30, 2019 Listed by Crossroads Realty Manchester $249,900
Listed by Crossroads Realty Manchester

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720206

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: TAX MAP 2.05
  • District: 19
  • Parcel: 19 00061- 10-00086
  • Block: 61.10
  • Lot: 86
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0387
  • Longitude: -74.2773

    Address

  • Full Address: 23 Edgeworth Cir
  • Address - House Number: 23
  • Address - Street Name: Edgeworth
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Manchester
  • Carrier Code: R002
  • 4-Digit Zip Code: 6074
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $545,555

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 442,209
  • High Value: 540,910
  • Low Value: 343,509

    Market Valuation

  • Market Total Value: $246,300
  • Market Land Value: $90,600
  • Market Improvement Value: $155,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,300
  • Assessed Land Value: $90,600
  • Assessed Improvements Value: $155,700

    Sales

  • Current Sale Contract Date: Jun 04, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019061807
  • Previous Sale Recording Date: Mar 11, 2003
  • Previous Sale Contract Date: Mar 04, 2003
  • Previous Sale Amount: $230,000
  • 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

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.1 years

Currently For Sale

4374 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 14 Primrose Lane, Jackson, NJ, 08527

$2,000 /mo

  • 1 Bed
  • 1 Bath
14 Primrose Lane #D, Jackson, NJ, 08527 Listing by Susan Grace McGowan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Eleanor Milewski, Crossroads Realty Manchester
Last Updated: 6 months ago
Data Source: MOMMLS, MLS# 21913158
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 23 Edgeworth Circle built and last sold?
The property at 23 Edgeworth Circle was built in 2001 and last sold on Jun 4, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 23 Edgeworth Circle is $264,892.
What are some comparable homes to 23 Edgeworth Circle?
There are currently no comparable homes to 23 Edgeworth Circle.
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