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Ocean 08758
42 Dock Avenue
$125,000
● House - Off Market

42 Dock Avenue

Waretown, NJ 08758
bedrooms
2 Beds
bathrooms
1 Bath
$212,183
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

This endearing 1-2 bedroom home is move-in ready! A ranch style house that offers easy maintenance,low taxes and super low utilities. Previous owner had converted this once two bedroom to an extended one bedroom, leaving one bedroom as a useful utility room. The inside has tile flooring, updated bath, gas fireplace, newer appliances, new windows, roof, laundry shoot, exposed beams, cathedral ceilings, amazing details in this home. All this on a 93X100 sqft yard that has a special his and hers feel. Hot tub included. Detached Garage with a wood burning stove! NOT in a flood zone, No Sandy damage, Fenced in yard, quiet neighborhood. Additions can be added up and out. Nearby Sands Pt. park w/fish&crabbing dock.Possible water views. NO more renting because this is an excellent opportunity
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952

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: 3 years ago (MOMLS #21613716)

Price History

Date / Event Date Event Price
Jun 9, 2016 Sold
Premium
Sold
Apr 8, 2016 Listed by Pacesetter Realty $125,000
Listed by Pacesetter Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 1
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 704
  • Building Area: 704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 21
  • Parcel: 21 00086-0000-00006
  • Block: 86
  • Lot: 6
  • Municipality: OCEAN TWP
  • Latitude: 39.8078
  • Longitude: -74.1865

    Address

  • Full Address: 42 Dock Ave
  • Address - House Number: 42
  • Address - Street Name: Dock
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R801
  • 4-Digit Zip Code: 1628
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $259,239

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 239,825
  • High Value: 293,801
  • Low Value: 185,848

    Market Valuation

  • Market Total Value: $119,300
  • Market Land Value: $69,200
  • Market Improvement Value: $50,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,300
  • Assessed Land Value: $69,200
  • Assessed Improvements Value: $50,100

    Sales

  • Current Sale Contract Date: Jun 09, 2016
  • Current Sale Recording Date: Jun 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016056490
  • Previous Sale Recording Date: Jan 31, 1997
  • Previous Sale Contract Date: Jan 24, 1997
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$499,900

Sale Price/ft²

$305

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1593 ft²

Average Home Age

38.3 years

Currently For Sale

3032 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 91 Michigan Avenue, WARETOWN, NJ, 08758

$2,350 /mo

  • 2 Beds
  • 1 Bath
  • 964 ft²
91 Michigan Avenue, WARETOWN, NJ, 08758 Listing by Edward Ramiza Jr.
Unit for rent at 115 Parker Avenue, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 680 ft²
115 Parker Avenue, Forked River, NJ, 08731 Listing by Candace Golembeski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Charmaine Selvanto, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21613716
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 42 Dock Avenue built and last sold?
The property at 42 Dock Avenue was built in 1952 and last sold on Jun 9, 2016 for $125,000.
How much is this home worth?
The estimated value of the home located at 42 Dock Avenue is $0.
What are some comparable homes to 42 Dock Avenue?
There are currently no comparable homes to 42 Dock Avenue.
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