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Toms River 08753
24 Channel Road
$170,000
● House - Off Market

24 Channel Road

Toms River, NJ 08753
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,516 Ft²
$351,082
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

SANDY DAMAGED HOME. Excellent location, only minutes to the open bay. Beautiful views of Tide Creek. 60 Feet on the water on one of the widest parts of the lagoon. With newest FEMA maps just released, this property falls in AE-7 zoning, NOT ''V.'' House being sold ''as-is'' and value is in the land. List price is almost $150,000 under land assessment and over $250,000 under total assessment. Do not walk property without representation, please.
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$119
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1960

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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 #21321799)

Price History

Date / Event Date Event Price
Nov 12, 2013 Sold
Premium
Sold
Jun 22, 2013 Listed by Diane Turton, Realtors-Brick $179,999
Listed by Diane Turton, Realtors-Brick

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREEN ISLAND
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722401

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 2402
  • District: 08
  • Parcel: 08 00235- 23-00013
  • Block: 235.23
  • Lot: 13
  • Municipality: DOVER TWP
  • Latitude: 40.0096
  • Longitude: -74.1124

    Address

  • Full Address: 24 Channel Rd
  • Address - House Number: 24
  • Address - Street Name: Channel
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C010
  • 4-Digit Zip Code: 2010
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,225,479

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 761,327
  • High Value: 932,197
  • Low Value: 590,457

    Market Valuation

  • Market Total Value: $736,200
  • Market Land Value: $245,000
  • Market Improvement Value: $491,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $736,200
  • Assessed Land Value: $245,000
  • Assessed Improvements Value: $491,200

    Sales

  • Current Sale Contract Date: Nov 12, 2013
  • Current Sale Recording Date: Nov 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013122508
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

1719 ft²

Average Home Age

45.9 years

Currently For Sale

343 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 40 Channel Road, Toms River, NJ, 08753

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,264 ft²
40 Channel Road, Toms River, NJ, 08753 Listing by Summit Tognetti
Unit for rent at 87 Captains Court, Brick, NJ, 08723

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
87 Captains Court, Brick, NJ, 08723 Listing by Gabriela Flanagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathryn Lachowicz, Diane Turton, Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21321799
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 24 Channel Road built and last sold?
The property at 24 Channel Road was built in 1960 and last sold on Nov 12, 2013 for $170,000.
How much is this home worth?
The estimated value of the home located at 24 Channel Road is $0.
What are some comparable homes to 24 Channel Road?
There are currently no comparable homes to 24 Channel Road.
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