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Ocean 08092
386 Dock Road
$62,500
● House - Off Market

386 Dock Road

West Creek, NJ 08092
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,268 Ft²
$104,193
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

A great location is here and ready for your ideas.  Home is on pilings with over 70 feet of waterfront on the Westecunk Creek.  Views cannot be matched.  Buyer MUST be aware that DEEP violations exist that MUST be remediated after closing.
Unit Size
2,268 Ft²
Days on Market
-
Land Size
-
Price per sqft
$29
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1990

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: 2 years ago (MOMLS #21712666)

Price History

Date / Event Date Event Price
Jun 19, 2017 Sold
Premium
Sold
Apr 3, 2017 Listed by Blue Diamond Realty , LLC $64,900
Listed by Blue Diamond Realty , LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 13,504
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,268
  • Building Area: 2,268
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,268
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Eagleswood Township School District
  • Census Tract: 736002

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: TAX MAP 2_5
  • District: 09
  • Parcel: 09 00004-0000-00060
  • Block: 4
  • Lot: 60
  • Municipality: EAGLESWOOD TWP
  • Latitude: 39.6234
  • Longitude: -74.2814

    Address

  • Full Address: 386 Dock Rd
  • Address - House Number: 386
  • Address - Street Name: Dock
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: West Creek
  • Carrier Code: R001
  • 4-Digit Zip Code: 3003
  • Zip Code: 08092

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $993,287

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 502,868
  • High Value: 608,514
  • Low Value: 397,222

    Market Valuation

  • Market Total Value: $371,600
  • Market Land Value: $190,800
  • Market Improvement Value: $180,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,600
  • Assessed Land Value: $190,800
  • Assessed Improvements Value: $180,800

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017062734
  • Previous Sale Recording Date: Feb 27, 2017
  • Previous Sale Contract Date: Sep 26, 2016
  • Previous Sale Document Type: 64
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

1598 ft²

Average Home Age

29.3 years

Currently For Sale

4418 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: Jeffrey Crisalli, Blue Diamond Realty , LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21712666
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 386 Dock Road built and last sold?
The property at 386 Dock Road was built in 1990 and last sold on Jun 9, 2017 for $62,500.
How much is this home worth?
The estimated value of the home located at 386 Dock Road is $99,908.
What are some comparable homes to 386 Dock Road?
There are currently no comparable homes to 386 Dock Road.
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