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Toms River 08753
402 Marc Drive
$670,000
● House - Off Market

402 Marc Drive

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,822 Ft²
$640,383
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Simply Spectacular! This updated home is turn key! First floor boasts all hardwood floors, beautiful kitchen and a spacious family room that leads to a beautiful large yard with a built in pool with a new liner, firepit and gas grill! You may entertain all year long.  Upstairs has four spacious bedrooms with hardwood flooring and beautiful sunlight throughout this home. Close to the beaches, bay, shopping and all major highways!
Unit Size
2,822 Ft²
Days on Market
85 days
Land Size
0.52 acres
Price per sqft
$202
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1969

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22123128)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Coldwell Banker Riviera Realty $569,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,782
  • Total Building Area: 2,822
  • Building Area: 2,822
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,822
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000523
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722900

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: TAX MAP 6502
  • District: 08
  • Parcel: 08 00571- 65-00022
  • Block: 571.65
  • Lot: 22
  • Municipality: DOVER TWP
  • Latitude: 39.9855
  • Longitude: -74.1983

    Address

  • Full Address: 402 Marc Dr
  • Address - House Number: 402
  • Address - Street Name: Marc
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C017
  • 4-Digit Zip Code: 4228
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $952,929

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 802,477
  • High Value: 955,572
  • Low Value: 649,382

    Market Valuation

  • Market Total Value: $571,300
  • Market Land Value: $162,000
  • Market Improvement Value: $409,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,300
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $409,300

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021146210
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Contract Date: May 04, 2002
  • Previous Sale Amount: $249,900
  • 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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1702 ft²

Average Home Age

45.8 years

Currently For Sale

363 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 960 Green Hill Boulevard, Toms River, NJ, 08753

$3,995 /mo

  • 4 Beds
  • 1 Bath
  • 1,692 ft²
960 Green Hill Boulevard, Toms River, NJ, 08753 Listing by Marc Cohen
Unit for rent at 1583 Sea Island Drive, Toms River, NJ, 08753

$4,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,851 ft²
1583 Sea Island Drive, Toms River, NJ, 08753 Listing by Julie Elkon

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Denise Koste, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22123128
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 402 Marc Drive built and last sold?
The property at 402 Marc Drive was built in 1969 and last sold on Oct 7, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 402 Marc Drive is $0.
What are some comparable homes to 402 Marc Drive?
There are currently no comparable homes to 402 Marc Drive.
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