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Ocean 08758
5 Pohatcong Avenue
$400,000
● House - Off Market

5 Pohatcong Avenue

Waretown, NJ 08758
bedrooms
3 Beds
bathrooms
1 Bath
$2,290
Est. Monthly
8.08%
Cap Rate

About This Property

Light, bright, and move-in ready! Spacious open floorplan with great room featuring a cozy fireplace and skylit kitchen-perfect for gatherings and everyday living. Offers 3 nice-sized bedrooms plus a flexible bonus room that can serve as a 4th bedroom, home office, or guest space. Stylish newer flooring throughout enhances the modern feel. The updated kitchen features stainless steel appliances, while the contemporary bath adds a fresh touch. Newer HVAC ensures year-round comfort. Step outside to a large fenced yard with a deck and storage shed-ideal for outdoor entertaining, gardening, or relaxation. Convenient location near everyday amenities, shopping, dining, parks, schools.perfect blend of comfort, style, and convenience in this beautifully updated home!
Unit Size
-
Days on Market
74 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1972

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 #22518262)

Price History

Date / Event Date Event Price
Sep 2, 2025 Sold
Premium
Sold
Jul 26, 2025 In contract -
In contract
Jun 20, 2025 Listed by RE/MAX at Barnegat Bay $389,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 2601
  • District: 21
  • Parcel: 21 00241- 06-00021
  • Block: 241.06
  • Lot: 21
  • Municipality: OCEAN TWP
  • Latitude: 39.7749
  • Longitude: -74.2037

    Address

  • Full Address: 5 Pohatcong Ave
  • Address - House Number: 5
  • Address - Street Name: Pohatcong
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2937
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $372,670

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 364,780
  • High Value: 446,880
  • Low Value: 282,680

    Market Valuation

  • Market Total Value: $171,500
  • Market Land Value: $75,000
  • Market Improvement Value: $96,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,500
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $96,500

    Sales

  • Current Sale Contract Date: Sep 15, 2008
  • Current Sale Recording Date: Sep 26, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2008101529
  • Previous Sale Recording Date: Apr 16, 2004
  • Previous Sale Contract Date: Apr 13, 2004
  • Previous Sale Amount: $199,000
  • Previous Sale Document Type: 12
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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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 16 Baybreeze Drive, Waretown, NJ, 08758

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,925 ft²
16 Baybreeze Drive, Waretown, NJ, 08758 Listing by Judy A Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susan Lucas-Sterling, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22518262
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 Pohatcong Avenue built and last sold?
The property at 5 Pohatcong Avenue was built in 1972 and last sold on Sep 15, 2008 for $210,000.
How much is this home worth?
The estimated value of the home located at 5 Pohatcong Avenue is $0.
What are some comparable homes to 5 Pohatcong Avenue?
There are currently no comparable homes to 5 Pohatcong Avenue.
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