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Ocean 08721
366 Eastern Boulevard
$399,000
● House - Off Market

366 Eastern Boulevard

Bayville, NJ 08721
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,064 Ft²
$396,765
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Loads of potential in this spacious 4 bedroom, 1 1/2 Bath Bi-Level located in a desirable Bayville neighborhood.  The property offers an over sized lot with a fenced yard, a 2nd floor deck accessible from the dining room which makes entertaining a breeze.  The mature trees, 3 season sun room and 2 newer storage sheds round out the amenities of this large lot.  The lower level family room features a huge brick fireplace and access to the sun room leading to the endless possibilities outside. With some TLC and your personal touches, you can return this home to its former glory.  Home being sold AS IS.
Unit Size
2,064 Ft²
Days on Market
75 days
Land Size
0.34 acres
Price per sqft
$193
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1975

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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: 12 months ago (MOMLS #22315347)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jun 15, 2023 In contract -
In contract
Jun 7, 2023 Listed by C21/ Action Plus Realty $399,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 2,5

Neighborhood

  • School District Name: Berkeley Township School District
  • Census Tract: 731103

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: TAX MAP 50
  • District: 06
  • Parcel: 06 00475-0000-00001
  • Block: 475
  • Lot: 1
  • Municipality: BERKELEY TWP
  • Latitude: 39.8978
  • Longitude: -74.1806

    Address

  • Full Address: 366 Eastern Blvd
  • Address - House Number: 366
  • Address - Street Name: Eastern
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Bayville
  • Carrier Code: C008
  • 4-Digit Zip Code: 2926
  • Zip Code: 08721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $569,705

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 483,930
  • High Value: 590,722
  • Low Value: 377,137

    Market Valuation

  • Market Total Value: $250,200
  • Market Land Value: $98,600
  • Market Improvement Value: $151,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,200
  • Assessed Land Value: $98,600
  • Assessed Improvements Value: $151,600

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 63738
  • Previous Sale Recording Date: Sep 25, 1995
  • Previous Sale Contract Date: Sep 13, 1995
  • Previous Sale Amount: $115,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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 1519 Berkeley Avenue, Beachwood, NJ, 08722

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,920 ft²
1519 Berkeley Avenue, Beachwood, NJ, 08722 Listing by Bryan Tello

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cynthia Tohill, C21/ Action Plus Realty
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22315347
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 366 Eastern Boulevard built and last sold?
The property at 366 Eastern Boulevard was built in 1975 and last sold on Jul 27, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 366 Eastern Boulevard is $0.
What are some comparable homes to 366 Eastern Boulevard?
There are currently no comparable homes to 366 Eastern Boulevard.
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