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Ocean Acres 08050
269 Quadrant Road
$465,000
● House - Off Market

269 Quadrant Road

Manahawkin, NJ 08050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$447,330
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to Ocean Acres! You will love this split floor plan ranch model located on a beautiful cul-de-sac street. Spacious with plenty of storage, featuring cathedral ceilings in the main family room. The kitchen has brand new Corian countertops with a seamless sink. This home has updated flooring throughout the main area, several updates throughout, and the HVAC system was replaced only 2 years ago. When you step outside you can relax in a fully fenced private backyard. Enjoy pulling into your large concrete driveway only steps away from the Ocean Acres walking path in the cul-de-sac. This is the Ranch that you have been waiting to buy!
Unit Size
1,498 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$300
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1996

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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 #22322461)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 30, 2023 In contract -
In contract
Aug 13, 2023 Listed by Keller Williams Atlantic Shore $449,000
Listed by Keller Williams Atlantic Shore

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,498
  • Building Area: 1,498
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,498
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Stafford Township School District
  • Census Tract: 735001

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: TAX MAP 21
  • District: 31
  • Parcel: 31 00044- 215-00015
  • Block: 44.215
  • Lot: 15
  • Municipality: STAFFORD TWP
  • Latitude: 39.7439
  • Longitude: -74.2755

    Address

  • Full Address: 269 Quadrant Rd
  • Address - House Number: 269
  • Address - Street Name: Quadrant
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Manahawkin
  • Carrier Code: C010
  • 4-Digit Zip Code: 4830
  • Zip Code: 08050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $506,581

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 448,750
  • High Value: 545,428
  • Low Value: 352,073

    Market Valuation

  • Market Total Value: $215,200
  • Market Land Value: $61,600
  • Market Improvement Value: $153,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,200
  • Assessed Land Value: $61,600
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Mar 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18969
  • Previous Sale Recording Date: Oct 16, 2014
  • Previous Sale Contract Date: Oct 03, 2014
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 12
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 Acres

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1652 ft²

Average Home Age

28.9 years

Currently For Sale

81 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 104 Nautilus Drive, Manahawkin, NJ 08050

$3,000 /mo

  • 4 Beds
  • 1.5 Baths
104 Nautilus Drive, Manahawkin, NJ 08050 Listing by DITH PAUL

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patricia A Formica, Keller Williams Atlantic Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22322461
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 269 Quadrant Road built and last sold?
The property at 269 Quadrant Road was built in 1996 and last sold on Oct 11, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 269 Quadrant Road is $0.
What are some comparable homes to 269 Quadrant Road?
There are currently no comparable homes to 269 Quadrant Road.
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