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Ocean 08005
43 Bowline Street
$245,000
● House - Off Market

43 Bowline Street

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,492 Ft²
$285,556
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Looking for a deal?  This home appraised for $260,000  Be in for the holidays!  Quick closing can be accommodated.   This home is clean and ready to go.  This home offers an updated kitchen with soft close drawers and doors on cabinets, full appliance package, oversized pantry and bonus under the cabinet lighting.  Main bath has been updated with new vanity, sink, medicine cabinet and freshly painted.  Bonus!!  Large laundry room which can double as a workout room or storage area.  And washer and dryer are the next bonus you get.  Better yet, this home offers updated furnace and central air installed in 2012 and updated siding.  Sliding doors off eat in area of kitchen leads to your oversized back yard.  One car garage has been well cared for and has an automatic garage door opener.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$147
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1978

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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 #22032629)

Price History

Date / Event Date Event Price
Jan 8, 2021 Sold
Premium
Sold
Sep 11, 2020 Listed by Linda Schroeck Rlty. Group LLC $219,900
Listed by Linda Schroeck Rlty. Group LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,151
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 66
  • District: 01
  • Parcel: 01 00114- 25-00038
  • Block: 114.25
  • Lot: 38
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7459
  • Longitude: -74.2477

    Address

  • Full Address: 43 Bowline St
  • Address - House Number: 43
  • Address - Street Name: Bowline
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R006
  • 4-Digit Zip Code: 1649
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,255

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 349,183
  • High Value: 427,161
  • Low Value: 271,205

    Market Valuation

  • Market Total Value: $160,900
  • Market Land Value: $68,500
  • Market Improvement Value: $92,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,900
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $92,400

    Sales

  • Current Sale Contract Date: Jan 03, 2021
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021009416
  • Previous Sale Recording Date: Sep 18, 2001
  • Previous Sale Contract Date: Aug 31, 2001
  • Previous Sale Amount: $117,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3002 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 79 Lexington Boulevard, Barnegat, NJ, 08005

$2,950 /mo

  • 3 Beds
  • 1 Bath
79 Lexington Boulevard, Barnegat, NJ, 08005 Listing by Victor Alhalabi
Unit for rent at 399 Golfview Drive, Stafford, NJ, 08050

$3,000 /mo

  • 4 Beds
  • 4 Baths
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Schroeck, Linda Schroeck Rlty. Group LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22032629
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 43 Bowline Street built and last sold?
The property at 43 Bowline Street was built in 1978 and last sold on Jan 3, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 43 Bowline Street is $237,794.
What are some comparable homes to 43 Bowline Street?
There are currently no comparable homes to 43 Bowline Street.
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