For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Ocean 08758
275 Wells Mill Road
$124,000
● House - Off Market

275 Wells Mill Road

Waretown, NJ 08758
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$275,462
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

This 1.07 acre property measures 595.58x 77.65x577.40x80' (80'=wells mill frontage). Home has new 110' well in spring of 2011 with submerged pump in well casing, no longer under house, Septic updated in 1980's,Kitchen cabinets replaced in 2004, Crawl space under original part of home. Addition to home with 3rd bedroom, utilities, den added in approx 1962. Fisher Mama Bear Wood burning stove installed in 70's cast iron- not currently in use and incl as is.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1957

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MOMLS #21215839)

Price History

Date / Event Date Event Price
Aug 16, 2012 Sold
Premium
Sold
Apr 25, 2012 Listed by Crossroads Realty Inc-Waretown $128,000
Listed by Crossroads Realty Inc-Waretown

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 46,609
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733002

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 21
  • Parcel: 21 00056-0000-00010
  • Block: 56
  • Lot: 10
  • Municipality: OCEAN TWP
  • Latitude: 39.7937
  • Longitude: -74.2262

    Address

  • Full Address: 275 Wells Mills Rd
  • Address - House Number: 275
  • Address - Street Name: Wells Mills
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2610
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $360,501

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 309,814
  • High Value: 382,182
  • Low Value: 237,446

    Market Valuation

  • Market Total Value: $165,900
  • Market Land Value: $91,400
  • Market Improvement Value: $74,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,900
  • Assessed Land Value: $91,400
  • Assessed Improvements Value: $74,500

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021070821
  • Previous Sale Recording Date: Aug 23, 2012
  • Previous Sale Contract Date: Aug 16, 2012
  • Previous Sale Amount: $124,000
  • 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

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.19%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4650 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 21 Pohatcong Avenue, Waretown, NJ, 08758

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
21 Pohatcong Avenue, Waretown, NJ, 08758 Listing by Mary Albanese
Unit for rent at 46 Tulsa Drive, Barnegat, NJ, 08005

$2,700 /mo

  • 2 Beds
  • 1 Bath
46 Tulsa Drive, Barnegat, NJ, 08005 Listing by Donna M Gidley

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Janice M Hergert, Crossroads Realty Inc-Waretown
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21215839
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 275 Wells Mills Road built and last sold?
The property at 275 Wells Mills Road was built in 1957 and last sold on May 6, 2021 for $197,000.
How much is this home worth?
The estimated value of the home located at 275 Wells Mills Road is $0.
What are some comparable homes to 275 Wells Mills Road?
There are currently no comparable homes to 275 Wells Mills Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Ocean Homes for Sale
Ocean Houses for Sale
Ocean Condos for Sale
Ocean Co-Ops for Sale
Ocean Townhouses for Sale
Ocean Multifamily for Sale
Ocean Land for Sale
Ocean Commercial for Sale
Nearby Cities
New York Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Holiday City-Berkeley Homes for Sale
Vineland Homes for Sale
Ocean Acres Homes for Sale
Ocean City Homes for Sale
Nearby Property Records
Ocean County, NJ Property Records
Burlington County, NJ Property Records
Monmouth County, NJ Property Records
Atlantic County, NJ Property Records
Middlesex County, NJ Property Records
Mercer County, NJ Property Records
Camden County, NJ Property Records
Gloucester County, NJ Property Records
Neighborhoods
Upper East Side Real Estate
Upper West Side Real Estate
Midtown East Real Estate
Flushing Real Estate
Harlem Real Estate
Chelsea Real Estate
Riverdale Real Estate
Forest Hills Real Estate
Nearby Counties
Manhattan Homes for Sale
Monmouth Homes for Sale
Queens Homes for Sale
Brooklyn Homes for Sale
Middlesex Homes for Sale
Camden Homes for Sale
Burlington Homes for Sale
Hempstead Homes for Sale
Top Real Estate Agents
Top Agents in Ocean
Top Agents in New York
Top Agents in Manhattan
Top Agents in Monmouth
Top Agents in Queens
Top Agents in Brooklyn
Top Agents in Middlesex
Top Agents in Camden