$1,401,000
●
House -
Off Market
240 MORRIS BOULEVARD
MANAHAWKIN, NJ 08050
4 Beds
3 Baths
2,280 Ft²
$7,993
Est. Monthly
1.96%
Cap Rate
About This Property
Stafford Twp. - Where Coastal Charm Meets Luxurious Living in this
Stunning 7-Year-Young Custom-Built Waterfront Home in Beach Haven
West * Impeccably Designed with State-of-the-Art Finishes
throughout, this Home Redefines Year-Round Waterfront Living and
Elevates Weekend Fun * Featuring 2,280 sq. ft. this Incredible Home
boasts 4 Generously Sized Bedrooms * 3 Beautifully Tiled Bathrooms
*
Unit Size
2,280 Ft²
Days on Market
130 days
Land Size
0.11 acres
Price per sqft
$607
Property Type
House
Property Taxes
$1,192
HOA Dues
-
Year Built
1965
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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 (Bright MLS #NJOC2033696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Price Decreased |
$1,385,000
↓ $35K
(2.5%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$1,420,000
↓ $55K
(3.7%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Van Dyk Group | $1,475,000 | |
| Listed by Van Dyk Group | |||
| | |||
|
Stafford Twp. - Where Coastal Charm Meets Luxurious Living in this Stunning 7-Year-Young Custom-Built Waterfront Home in Beach Haven West * Impeccably Designed with State-of-the-Art Finishes throughout, this Home Redefines Year-Round Waterfront Living and Elevates Weekend Fun * Featuring 2,280 sq. ft. this Incredible Home boasts 4 Generously Sized Bedrooms * 3 Beautifully Tiled Bathrooms *
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
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Price/ft²
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Sold On
Sold On
HOA + Taxes
About Beach Haven West
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Listed by: Marion A Romano
The Van Dyk Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJOC2033696
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
The Van Dyk Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJOC2033696
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