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Pine Lake Park 08757
306 Cumberland Boulevard
$449,900
● House - Off Market

306 Cumberland Boulevard

Toms River, NJ 08757
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,498 Ft²
$457,031
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming ranch-style home featuring 3 bedrooms, 2 bathrooms and attached 1 car garage.  With its spacious room sizes, this home is perfectly designed for comfortable and convenient living.  Nestled on a tranquil street in the Pine Lake Park section of Manchester, this residence exudes timeless appeal.  The eat-in kitchen opens to the abundant-sized family room. Sliders from the family room provide convenient access to the rear deck overlooking the serene backyard. Additional amenities include: laundry room, attached garage and double-wide paved driveway. Adjoining lot is included in the sale.
Unit Size
1,498 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$307
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22319087)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by Childers Sotheby's Int Realty $459,900
Listed by Childers Sotheby's Int Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 1
  • Parking Space Count: 0
  • 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: 1,498
  • 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: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 4-6

Neighborhood

  • School District Name: Manchester Township School District
  • Census Tract: 720204

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • District: 19
  • Parcel: 19 00001- 54-00003
  • Block: 1.54
  • Lot: 3
  • Municipality: MANCHESTER TWP
  • Latitude: 39.999
  • Longitude: -74.2423

    Address

  • Full Address: 306 Cumberland Blvd
  • Address - House Number: 306
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R004
  • 4-Digit Zip Code: 3635
  • Zip Code: 08757

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,561

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 463,704
  • High Value: 505,511
  • Low Value: 421,896

    Market Valuation

  • Market Total Value: $245,400
  • Market Land Value: $80,000
  • Market Improvement Value: $165,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,400
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $165,400

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 73624
  • Previous Sale Recording Date: Apr 18, 2000
  • Previous Sale Contract Date: Apr 18, 2000
  • Previous Sale Amount: $128,500
  • 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 Pine Lake Park

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1461 ft²

Average Home Age

37.6 years

Currently For Sale

33 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 195 Edgemere Court, Toms River, NJ, 08755

$3,450 /mo

  • 4 Beds
  • 3 Baths
  • 1,548 ft²
195 Edgemere Court, Toms River, NJ, 08755 Listing by Shanti Shankar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cynthia Stiles, Childers Sotheby's Int Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22319087
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 306 Cumberland Boulevard built and last sold?
The property at 306 Cumberland Boulevard was built in 2000 and last sold on Sep 6, 2023 for $449,900.
How much is this home worth?
The estimated value of the home located at 306 Cumberland Boulevard is $0.
What are some comparable homes to 306 Cumberland Boulevard?
There are currently no comparable homes to 306 Cumberland Boulevard.
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