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Atlantic Highlands 07716 Atlantic Highlands
262 Ocean Boulevard
$900,000
● House - Off Market

262 Ocean Boulevard

Atlantic Highlands, NJ 07716
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
$1,738,805
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

All the glamour and sophistication of NYC - set in a nature lovers paradise. Live large in the hip small town of Atlantic Highlands. Fast ferry service to NYC right down the road. Hiking, biking, surfing and all the Jersey shore has to offer.  Bring your family and friends. This home has 4800 sq ft of space for all your entertaining needs... 5bdrm, 3full and 2half baths, Gourmet kitchen that is a chef dream...Wolf commercial dual fuel range, Miele induction stove top, convection steam oven,coffee system, dishwasher, Liebherr refrigerator, and filtered water system with insta- hot water. Banquet sized dining room, soaring wall space perfect for your art collection, whole house vacuum system, and 2 laundry stations. All this and a world class gym in basement!
Unit Size
-
Days on Market
-
Land Size
0.96 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,843
HOA Dues
-
Year Built
1981

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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 #21542873)

Price History

Date / Event Date Event Price
Mar 18, 2016 Sold
Premium
Sold
Nov 12, 2015 Listed by Coldwell Banker Realty $999,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 11
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,792
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 5,062
  • Building Area: 5,062
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Henry Hudson Regional School District
  • Census Tract: 800200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 05
  • Parcel: 05 00010-0000-00006- 05
  • Block: 10
  • Lot: 6.05
  • Municipality: ATLANTIC HIGHLANDS BORO
  • Latitude: 40.4101
  • Longitude: -74.0168

    Address

  • Full Address: 262 Ocean Blvd
  • Address - House Number: 262
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Atlantic Highlands
  • Carrier Code: C004
  • 4-Digit Zip Code: 1729
  • Zip Code: 07716

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,917,913

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,434,125
  • High Value: 1,677,533
  • Low Value: 1,190,717

    Market Valuation

  • Market Total Value: $1,122,900
  • Market Land Value: $349,400
  • Market Improvement Value: $773,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,122,900
  • Assessed Land Value: $349,400
  • Assessed Improvements Value: $773,500

    Sales

  • Current Sale Contract Date: Mar 18, 2016
  • Current Sale Recording Date: Mar 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016028558
  • Previous Sale Recording Date: Mar 03, 1995
  • Previous Sale Contract Date: Feb 27, 1995
  • Previous Sale Amount: $285,000
  • 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 Atlantic Highlands

Stats & Trends

Median Asking:

$710,000

Sale Price/ft²

$474

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1519 ft²

Average Home Age

47.9 years

Currently For Sale

10 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

Rentals Near You

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MOMMLS

Listed by: Donna King, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21542873
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 262 Ocean Boulevard built and last sold?
The property at 262 Ocean Boulevard was built in 1981 and last sold on Mar 18, 2016 for $900,000.
How much is this home worth?
The estimated value of the home located at 262 Ocean Boulevard is $1,008,990.
What are some comparable homes to 262 Ocean Boulevard?
There are currently no comparable homes to 262 Ocean Boulevard.
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