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Ocean 08759
27 Central Avenue
$220,000
● House - Off Market

27 Central Avenue

Whiting, NJ 08759
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,192 Ft²
$1,493
Est. Monthly
$150
HOA / Fees
8.06%
Cap Rate

About This Property

NICE Newbury Model w/ a **BRAND NEW** Microwave....*Newer* Roof & Central Air System....*Newer* Full Bath, Washer & Hot Water Heater....Updated Garage Door & Vinyl Windows....Plus a Freshly Painted Interior, Backyard Patio, Sprinklers & Side Yard Privacy.
Unit Size
1,192 Ft²
Days on Market
151 days
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
$169
HOA Dues
$150
Year Built
1980

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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: 5 months ago (MOMLS #22419238)

Price History

Date / Event Date Event Price
Dec 6, 2024 Sold
Premium
Sold
Nov 9, 2024 In contract -
In contract
Sep 23, 2024 Price Decreased $239,000
↓ $10K (4%)
Price Decreased
Jul 8, 2024 Listed by Buonomo Realty, LLC $249,000
Listed by Buonomo Realty, LLC
Nov 26, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,694
  • Lot Size Depth Feet: 730
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,192
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720001

Zoning

  • Zoning: WTRC

Geography

  • Assessors Map Reference: TAX MAP 2506
  • Account Number: 8350
  • District: 19
  • Parcel: 19 00102- 24-00053
  • Block: 102.24
  • Lot: 53
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9454
  • Longitude: -74.3836

    Address

  • Full Address: 27 Central Ave
  • Address - House Number: 27
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Whiting
  • Carrier Code: C019
  • 4-Digit Zip Code: 2231
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $203,337

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 178,172
  • High Value: 215,148
  • Low Value: 141,196

    Market Valuation

  • Market Total Value: $91,800
  • Market Land Value: $10,300
  • Market Improvement Value: $81,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,800
  • Assessed Land Value: $10,300
  • Assessed Improvements Value: $81,500

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: Jun 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017056623
  • Previous Sale Recording Date: Dec 05, 2014
  • Previous Sale Contract Date: Nov 21, 2014
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

28.8 years

Currently For Sale

4270 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 35 Milford Avenue, Whiting, NJ, 08759

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,101 ft²
35 Milford Avenue #52, Whiting, NJ, 08759 Listing by Nick Vinciguerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Richard S Buonomo, Buonomo Realty, LLC
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22419238
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 27 Central Avenue built and last sold?
The property at 27 Central Avenue was built in 1980 and last sold on May 11, 2017 for $87,500.
How much is this home worth?
The estimated value of the home located at 27 Central Avenue is $0.
What are some comparable homes to 27 Central Avenue?
There are currently no comparable homes to 27 Central Avenue.
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