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Atlantic Highlands 07716 Atlantic Highlands
5 2nd Avenue
$315,000
● House - Off Market

5 2nd Avenue

Atlantic Highlands, NJ 07716
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$592,584
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Charm abounds in this colonial style 3 bedroom home situated in the quaint east side of Atlantic Highlands. Kitchen with bordeaux granite countertops, colonial maple flooring throughout most areas and solar enhanced electric. Quality trex deck with coleman spa leads to sunny inviting rear yard for family entertainment.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1910

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 #21418908)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
May 13, 2014 Listed by Bahrs Real Estate, LLC $319,000
Listed by Bahrs Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 585
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 3,552
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,105
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Henry Hudson Regional School District
  • Census Tract: 800200

Zoning

  • Zoning: 9077

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: 01187009
  • District: 05
  • Parcel: 05 00097-0000-00023
  • Block: 97
  • Lot: 23
  • Municipality: ATLANTIC HIGHLANDS BORO
  • Latitude: 40.4149
  • Longitude: -74.0367

    Address

  • Full Address: 5 2nd Ave
  • Address - House Number: 5
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic Highlands
  • Carrier Code: C002
  • 4-Digit Zip Code: 1204
  • Zip Code: 07716

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $685,762

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 538,858
  • High Value: 645,202
  • Low Value: 432,514

    Market Valuation

  • Market Total Value: $401,500
  • Market Land Value: $237,800
  • Market Improvement Value: $163,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $401,500
  • Assessed Land Value: $237,800
  • Assessed Improvements Value: $163,700

    Sales

  • Current Sale Contract Date: Aug 15, 2014
  • Current Sale Recording Date: Aug 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014065749
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 Atlantic Highlands

Stats & Trends

Median Asking:

$710,000

Sale Price/ft²

$474

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1519 ft²

Average Home Age

47.9 years

Currently For Sale

10 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 1 Central Avenue, Atlantic Highlands, NJ, 07716

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,645 ft²
1 Central Avenue #20, Atlantic Highlands, NJ, 07716 Listing by Renee Astacio
Unit for rent at 16 Browns Lane, Atlantic Highlands, NJ, 07716

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,527 ft²
16 Browns Lane, Atlantic Highlands, NJ, 07716 Listing by Betsy I O'Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Craig Bahrs, Bahrs Real Estate, LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21418908
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 5 2nd Avenue built and last sold?
The property at 5 2nd Avenue was built in 1910 and last sold on Aug 15, 2014 for $315,000.
How much is this home worth?
The estimated value of the home located at 5 2nd Avenue is $0.
What are some comparable homes to 5 2nd Avenue?
There are currently no comparable homes to 5 2nd Avenue.
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