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Monmouth 08736
2362 Apple Ridge Circle
$715,250
● House - Off Market

2362 Apple Ridge Circle

Manasquan, NJ 08736
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,425 Ft²
$1,083,249
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Don't Miss this Beautiful TURN KEY 4 Bedroom 2.5 Bathroom Central Hall Colonial with a 2 car garage & a Finished Basement located in the desirable 'Apple Ridge Estates'. This Home Boasts: a Formal Living room, a Formal Dining room, Hardwood Floors, Crown Molding, an Eat-in Kitchen with White Shaker Cabinets, New Granite Countertops, & Stainless Steel appliances. The Kitchen opens to a Family room with a Gas Fireplace & Sliders leading to the Spacious tree lined Private Backyard. The Master Suite has a vaulted ceiling, with 2 walk-in closets, & a Master bathroom with double sinks & soaking tub.  The Backyard is built for entertaining: with a deck, custom paver patio with retaining walls & a Heated inground pool. Newer: Hot water heater, Furnace, & Roof. Just minutes to local beaches.
Unit Size
2,425 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$301
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
1994

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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 #21906381)

Price History

Date / Event Date Event Price
Apr 30, 2019 Sold
Premium
Sold
Feb 15, 2019 Listed by KeyTide Realty Group $730,000
Listed by KeyTide Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,174
  • Garage Type: 10
  • Garage Square Area: 231
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 25,080
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,393
  • Building Area: 2,393
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,393
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000576
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: BAYBERRY

Neighborhood

  • School District Name: Wall Township School District
  • Census Tract: 808701

Zoning

  • Zoning: R-25

Geography

  • Assessors Map Reference: TAX MAP 112
  • District: 52
  • Parcel: 52 00811- 11-00024
  • Block: 811.11
  • Lot: 24
  • Municipality: WALL TWP
  • Latitude: 40.128
  • Longitude: -74.0748

    Address

  • Full Address: 2362 Apple Ridge Cir
  • Address - House Number: 2362
  • Address - Street Name: Apple Ridge
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Manasquan
  • Carrier Code: C013
  • 4-Digit Zip Code: 1124
  • Zip Code: 08736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,200,566

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,037,129
  • High Value: 1,232,405
  • Low Value: 841,853

    Market Valuation

  • Market Total Value: $586,500
  • Market Land Value: $244,700
  • Market Improvement Value: $341,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $586,500
  • Assessed Land Value: $244,700
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Contract Date: Apr 19, 2019
  • Current Sale Recording Date: May 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019039509
  • Previous Sale Recording Date: Jul 30, 1999
  • Previous Sale Contract Date: Jun 23, 1999
  • Previous Sale Amount: $387,500
  • 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 Monmouth

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$387

Above Asking

0.00%

Average Days on Market

70

Average Home Size

2006 ft²

Average Home Age

45.6 years

Currently For Sale

1843 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 16 Apple Drive, Spring Lake Heights, NJ, 07762

$5,250 /mo

  • 2 Beds
  • 2 Baths
16 Apple Drive, Spring Lake Heights, NJ, 07762 Listing by Joanne L. Reilly

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Thomas M Santoro Jr., KeyTide Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21906381
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 2362 Apple Ridge Circle built and last sold?
The property at 2362 Apple Ridge Circle was built in 1994 and last sold on Apr 19, 2019 for $715,250.
How much is this home worth?
The estimated value of the home located at 2362 Apple Ridge Circle is $749,116.
What are some comparable homes to 2362 Apple Ridge Circle?
There are currently no comparable homes to 2362 Apple Ridge Circle.
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