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Ocean 08005
35 Chestnut Way Circle
$479,105
● House - Off Market

35 Chestnut Way Circle

Barnegat, NJ 08005
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,642 Ft²
$2,673
Est. Monthly
8.90%
Cap Rate

About This Property

Welcome to 35 Chestnut Way Circle in Barnegat! This spacious 4-bedroom, 2-bathroom home offers comfort, convenience, and great features throughout. The master bedroom boasts a vaulted ceiling and an en-suite full bath with a tiled shower. You'll also enjoy a second living room-perfect for relaxing or entertaining. All appliances are included, and the home comes with the ladder for the pool. Outside, the fully fenced yard features a large deck, front sprinklers, and an above ground pool. Move-in ready with room to make it your own!
Unit Size
1,642 Ft²
Days on Market
49 days
Land Size
0.19 acres
Price per sqft
$274
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1976

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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 #22511942)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
May 9, 2025 In contract -
In contract
Apr 25, 2025 Listed by Keller Williams Preferred Properties,Ship Bottom $449,990
Listed by Keller Williams Preferred Properties,Ship Bottom

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734002

Zoning

  • Zoning: RC75

Geography

  • Assessors Map Reference: TAX MAP 72
  • District: 01
  • Parcel: 01 00116- 24-00026
  • Block: 116.24
  • Lot: 26
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7671
  • Longitude: -74.2407

    Address

  • Full Address: 35 Chestnut Way Cir
  • Address - House Number: 35
  • Address - Street Name: Chestnut Way
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R005
  • 4-Digit Zip Code: 2027
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $525,934

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 376,608
  • High Value: 460,711
  • Low Value: 292,506

    Market Valuation

  • Market Total Value: $186,700
  • Market Land Value: $84,800
  • Market Improvement Value: $101,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,700
  • Assessed Land Value: $84,800
  • Assessed Improvements Value: $101,900

    Sales

  • Current Sale Contract Date: Jun 11, 1994
  • Current Sale Recording Date: Jun 29, 1994
  • Current Sale Price:
    Premium
  • Current 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:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1591 ft²

Average Home Age

24.6 years

Currently For Sale

4247 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: Joy Bearden, Keller Williams Preferred Properties,Ship Bottom
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22511942
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 35 Chestnut Way Circle built and last sold?
The property at 35 Chestnut Way Circle was built in 1976 and last sold on Jun 11, 1994 for $77,500.
How much is this home worth?
The estimated value of the home located at 35 Chestnut Way Circle is $0.
What are some comparable homes to 35 Chestnut Way Circle?
There are currently no comparable homes to 35 Chestnut Way Circle.
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