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Ocean 08759
2425 Steiner Road
$630,000
● House - Off Market

2425 Steiner Road

Manchester, NJ 08759
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,094 Ft²
$619,314
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to this beautifully redone Bi-level home. Pride of ownership is seen in every room.  Upper level  has hardwood floor throughout. Updated Kitchen, white cabinets, soft close, Quartz counters, slate GE Appliances. Recessed lighting throughout the home.  3 Bedrooms and full bath upstairs. 4th bedroom, office den and sunroom on the lower level.  Step out the patio door off the kitchen into a well manicured backyard oasis, great deck, upper and lower pergola, in ground salt water pool, 2 sheds. This move in ready home will not last.
Unit Size
2,094 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$286
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1975

Payment Calculator

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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: 3 years ago (MOMLS #22217040)

Price History

Date / Event Date Event Price
Aug 18, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by HomeSmart First Advantage $599,000
Listed by HomeSmart First Advantage

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,094
  • Building Area: 2,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,094
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R10A

Geography

  • Assessors Map Reference: TAX MAP 2.01
  • Account Number: 5234
  • District: 19
  • Parcel: 19 00060- 09-00018
  • Block: 60.09
  • Lot: 18
  • Municipality: MANCHESTER TWP
  • Latitude: 40.031
  • Longitude: -74.2587

    Address

  • Full Address: 2425 Steiner Rd
  • Address - House Number: 2425
  • Address - Street Name: Steiner
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manchester
  • Carrier Code: C021
  • 4-Digit Zip Code: 6138
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $731,837

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 557,087
  • High Value: 673,863
  • Low Value: 440,311

    Market Valuation

  • Market Total Value: $330,400
  • Market Land Value: $87,300
  • Market Improvement Value: $243,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,400
  • Assessed Land Value: $87,300
  • Assessed Improvements Value: $243,100

    Sales

  • Current Sale Contract Date: Aug 09, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 92201
  • Previous Sale Recording Date: Mar 07, 2007
  • Previous Sale Contract Date: Feb 15, 2007
  • Previous Sale Amount: $315,000
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1592 ft²

Average Home Age

32.4 years

Currently For Sale

3040 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 412 Birmingham Avenue, Manchester, NJ, 08759

$3,750 /mo

  • 3 Beds
  • 3 Baths
  • 1,786 ft²
412 Birmingham Avenue, Manchester, NJ, 08759 Listing by Blimi Meisels
Unit for rent at 2907 Greenspire Court, Toms River, NJ, 08755

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,022 ft²
2907 Greenspire Court #2907, Toms River, NJ, 08755 Listing by Jasmin Elalfy

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Avigail Silberman, HomeSmart First Advantage
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22217040
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 2425 Steiner Road built and last sold?
The property at 2425 Steiner Road was built in 1975 and last sold on Aug 9, 2022 for $630,000.
How much is this home worth?
The estimated value of the home located at 2425 Steiner Road is $610,590.
What are some comparable homes to 2425 Steiner Road?
There are currently no comparable homes to 2425 Steiner Road.
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