$32,000
●
Land -
Off Market
24 Jones Road
Barnegat, NJ 08005
Studio
0 Bath
$60,930
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Price Reduced! This is a secluded, buildable, Pinelands lot
available for those desiring privacy and nature. The lot conforms
to Pinelands zoning requirements for a detached single family home.
Permitted uses are detached Single Family Dwelling on minimum 2.5
acre lot, Agriculture and Forestry. The township requires an
additional 14 acres in the FOR Zone, Forest Area District. But asks
that the prospective purchaser secure Pinelands Commission Approval
first and then apply to the township. The indication is that they
will be reasonable after the Pinelands Approval has been obtained.
The purchaser will have to secure Pinelands, Township and usual
governmental approvals before construction. Attached as a Document
is a legal study and Pinelands Commission guidelines on house
construction. Natural Gas not available.
Come, See and Make An Offer!
Come, See and Make An Offer!
Unit Size
-
Days on Market
-
Land Size
6.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
-
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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 #21923192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2019 | Listed by Better Homes and Gardens Real Estate Murphy & Co. | $49,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co. | |||
| | |||
|
Price Reduced! This is a secluded, buildable, Pinelands lot available for those desiring privacy and nature. The lot conforms to Pinelands zoning requirements for a detached single family home. Permitted uses are detached Single Family Dwelling on minimum 2.5 acre lot, Agriculture and Forestry. The township requires an additional 14 acres in the FOR Zone, Forest Area District. But asks that the prospective purchaser secure Pinelands Commission Approval first and then apply to the township. The indication is that they will be reasonable after the Pinelands Approval has been obtained. The purchaser will have to secure Pinelands, Township and usual governmental approvals before construction. Attached as a Do,cument is a legal study and Pinelands Commission guidelines on construction of a single family dwelling. Come, See and Make An Offer!,Natural Gas Not Available
| |||
| Apr 27, 2019 | No longer available | - | |
| No longer available | |||
| Dec 22, 2018 | Relisted | $79,000 | |
| Relisted | |||
| Dec 21, 2018 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Daniel Stevens, Better Homes and Gardens Real Estate Murphy & Co
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21923192
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21923192
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