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Sea Bright 07760 Sea Bright
3 Island View Way #802
$740,000
● Land - Off Market

3 Island View Way #802

Sea Bright, NJ 07760
bedrooms
Studio
bathrooms
0 Bath
$990,918
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

River view building lot. Perfect location to build year round residence or summer vacation home. Enjoy views of the Shrewsbury River. Property is located within walking distance to town and beaches. Easy access to NYC via NJ Rail Service or Sea Streak fast ferry to Manhattan. Building lot is approved for single family home.
Unit Size
-
Days on Market
-
Land Size
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Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

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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 #21928443)

Price History

Date / Event Date Event Price
Feb 16, 2021 Sold
Premium
Sold
Jul 10, 2019 Listed by Resources Real Estate $779,000
Listed by Resources Real Estate

Property Highlights

Garage
Parking Available
Elevator

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,450
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 630
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000217
  • Standard Land Use Code: 8000
  • County Land Use Code: 1

Neighborhood

  • School District Name: Oceanport Borough School District
  • Census Tract: 812100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 42
  • Parcel: 42 00001-0000-00008- 02
  • Block: 1
  • Lot: 8.02
  • Municipality: SEA BRIGHT BORO
  • Latitude: 40.3485
  • Longitude: -73.9762

    Address

  • Full Address: 3 Island View Way
  • Address - House Number: 3
  • Address - Street Name: Island View
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Sea Bright
  • Carrier Code: C009
  • 4-Digit Zip Code: 2215
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755,098

    Market Valuation

  • Market Total Value: $737,400
  • Market Land Value: $737,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,400
  • Assessed Land Value: $737,400

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 103329
  • Previous Sale Recording Date: Mar 08, 2021
  • Previous Sale Contract Date: Feb 05, 2021
  • Previous Sale Amount: $740,000
  • 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 Sea Bright

Stats & Trends

Median Asking:

$1,872,500

Sale Price/ft²

$795

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2255 ft²

Average Home Age

12.2 years

Currently For Sale

17 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

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MOMMLS

Listed by: Dennis Soboti, Resources Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21928443
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 3 Island View Way built and last sold?
The property at 3 Island View Way was built in and last sold on Oct 6, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 3 Island View Way is $0.
What are some comparable homes to 3 Island View Way?
There are currently no comparable homes to 3 Island View Way.
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