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Pine Lake Park 08759
348 10th Avenue
$605,000
● House - Off Market

348 10th Avenue

Manchester, NJ 08759
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,588 Ft²
$633,481
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Welcome home to this amazing 5 bedroom, 3.5 bath colonial on a nice corner lot! Many updates to this wonderful home including a new roof (1yo) brand new 5 ton AC unit. This home has a formal living and dining room, open concept updated kitchen, with bonus desk/workspace perfect  kids or working from home. Family room off the kitchen with a wood-burning fireplace. Upstairs you find the master bedroom with WIC and full bath, 3 generous sized bedrooms and princess suite with its own WIC and private bathroom. The semi-finished basement has a second fireplace (gas), custom bar and pool table! Outside boast 3 entertaining areas, including an inground pool, with new liner (6yo), paver patio and garden oasis! Schedule a showing today.
Unit Size
2,588 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$222
Property Type
House
Property Taxes
$701
HOA Dues
-
Year Built
2000

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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 #22130632)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Keller Williams Realty Monmouth/Ocean $575,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,156
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,772
  • Lot Size Depth Feet: 860
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,588
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R10A

Geography

  • Assessors Map Reference: TAX MAP 8.01
  • District: 19
  • Parcel: 19 00042- 03-00001
  • Block: 42.03
  • Lot: 1
  • Municipality: MANCHESTER TWP
  • Latitude: 39.9986
  • Longitude: -74.2757

    Address

  • Full Address: 348 10th Ave
  • Address - House Number: 348
  • Address - Street Name: 10th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Manchester
  • Carrier Code: R001
  • 4-Digit Zip Code: 5602
  • Zip Code: 08759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $882,456

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 697,886
  • High Value: 877,309
  • Low Value: 518,462

    Market Valuation

  • Market Total Value: $398,400
  • Market Land Value: $82,200
  • Market Improvement Value: $316,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,400
  • Assessed Land Value: $82,200
  • Assessed Improvements Value: $316,200

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1539
  • Previous Sale Recording Date: Aug 16, 2000
  • Previous Sale Contract Date: Jul 27, 2000
  • Previous Sale Amount: $215,840
  • 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

1426 ft²

Average Home Age

38.6 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

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MOMMLS

Listed by: Beth Aiena, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22130632
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 348 10th Avenue built and last sold?
The property at 348 10th Avenue was built in 2000 and last sold on Dec 29, 2021 for $605,000.
How much is this home worth?
The estimated value of the home located at 348 10th Avenue is $0.
What are some comparable homes to 348 10th Avenue?
There are currently no comparable homes to 348 10th Avenue.
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