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Ocean 08759
3288 Johnson Avenue
$322,000
● House - Off Market

3288 Johnson Avenue

Manchester, NJ 08759
bedrooms
5 Beds
bathrooms
3 Baths
$531,598
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

SELLER MOTIVATED HOME IS PRICED TO SELL ....THIS HOME IS ONE OF A KIND 5 BR 3 BATH HOME UPDATED KITCHEN WITH GRANITE COUNTERS AND BACKSPLASH STAINLESS APPLIANCES CERAMIC FLOOR LIVING ROOM HAS A WOOD BURNING FIREPLACE  WOOD FLOORS THROUGHOUT THE HOME...OPEN FLOOR PLAN THAT FLOWS OUT THE SLIDING DOOR ONTO A DECK AND STEP DOWN TO A PATIO AND A HEATED INGROUND POOL FINISHED BASEMENT / INLAW SUITE  WITH KITCHEN  FULL BATH..... ..2 CAR GARAGE and  IS SITUATED ON AN ACRE OF PROPERTY
Unit Size
-
Days on Market
-
Land Size
1.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1981

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 #21700772)

Price History

Date / Event Date Event Price
May 1, 2017 Sold
Premium
Sold
Jan 7, 2017 Listed by Keller Williams Shore Properties $329,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,456
  • 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: 2,132
  • Building Area: 2,132
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,132
  • 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: Manchester Township School District
  • Census Tract: 720205

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 5
  • Account Number: 5759
  • District: 19
  • Parcel: 19 00055-0000-00001
  • Block: 55
  • Lot: 1
  • Municipality: MANCHESTER TWP
  • Latitude: 40.0282
  • Longitude: -74.2824

    Address

  • Full Address: 3288 Johnson Ave
  • Address - House Number: 3288
  • Address - Street Name: Johnson
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manchester
  • Carrier Code: R001
  • 4-Digit Zip Code: 5906
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $798,729

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 576,025
  • High Value: 699,683
  • Low Value: 452,366

    Market Valuation

  • Market Total Value: $360,600
  • Market Land Value: $83,600
  • Market Improvement Value: $277,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,600
  • Assessed Land Value: $83,600
  • Assessed Improvements Value: $277,000

    Sales

  • Current Sale Contract Date: Apr 28, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017047204
  • Previous Sale Recording Date: Mar 24, 2005
  • Previous Sale Contract Date: Mar 18, 2005
  • Previous Sale Amount: $413,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2999 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

Rentals Near You

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MOMMLS

Listed by: Rosemary Morehouse, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21700772
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 3288 Johnson Avenue built and last sold?
The property at 3288 Johnson Avenue was built in 1981 and last sold on Apr 28, 2017 for $322,000.
How much is this home worth?
The estimated value of the home located at 3288 Johnson Avenue is $0.
What are some comparable homes to 3288 Johnson Avenue?
There are currently no comparable homes to 3288 Johnson Avenue.
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