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Ocean 08741
29 Tudor Avenue
$496,000
● House - Off Market

29 Tudor Avenue

Berkeley, NJ 08741
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,890 Ft²
$2,927
Est. Monthly
13.28%
Cap Rate

About This Property

A Gorgeous Five Bedroom Two Full Bath Bi-Level In This Sought After Bayville/Pine Beach Neighborhood. Recently Upgrades Include Granite Countertops In Kitchen, All New Appliances, Gleaming Hardwood Floors, Recessed Lighting Throughout. Home Is Surprisingly Spacious With A Huge Family Room On The First Level That Leads Out To An Enormous Backyard. A Leisurely Stroll Gets You To The Pine Beach Waterfront in Minutes. EZ Access To The Garden State Parkway and Jersey Shore Beaches!
Unit Size
1,890 Ft²
Days on Market
111 days
Land Size
0.23 acres
Price per sqft
$264
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1960

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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: 2 years ago (MOMLS #22326501)

Price History

Date / Event Date Event Price
Jan 11, 2024 Sold
Premium
Sold
Sep 21, 2023 Listed by Elite Brokers LLC $499,000
Listed by Elite Brokers LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,890
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731101

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 06
  • Parcel: 06 00885-0000-00005
  • Block: 885
  • Lot: 5
  • Municipality: BERKELEY TWP
  • Latitude: 39.9344
  • Longitude: -74.1575

    Address

  • Full Address: 29 Tudor Ave
  • Address - House Number: 29
  • Address - Street Name: Tudor
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1434
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $571,982

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 425,429
  • High Value: 522,663
  • Low Value: 328,195

    Market Valuation

  • Market Total Value: $251,200
  • Market Land Value: $130,000
  • Market Improvement Value: $121,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,200
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $121,200

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 29019
  • Previous Sale Recording Date: Apr 09, 2003
  • Previous Sale Contract Date: Mar 24, 2003
  • Previous Sale Amount: $216,000
  • 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

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 515 Stone Harbor Avenue, Ocean Gate, NJ, 08740

$6,000 /mo

  • 3 Beds
  • 1 Bath
515 Stone Harbor Avenue, Ocean Gate, NJ, 08740 Listing by Robert N Lange

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: John C Walsh, Elite Brokers LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22326501
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 29 Tudor Avenue built and last sold?
The property at 29 Tudor Avenue was built in 1960 and last sold on Mar 23, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 29 Tudor Avenue is $503,990.
What are some comparable homes to 29 Tudor Avenue?
There are currently no comparable homes to 29 Tudor Avenue.
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