$82,000
↓ $10K (10.9%)
●
Land -
For Sale
50 Bonita Road
Ocean Twp, NJ 08758
Studio
0 Bath
$413
Est. Monthly
About This Property
Opportunity is knocking! Here's the chance to build the home of
your dreams from the ground up! This vacant land is situated on a
corner lot, with endless possibilities. Plenty of peace and
privacy, yet close to shopping, dining, schools, beaches, parks +
public transportation and major highways for easy commuting.
Incredible Land Value!! This is an excellent opportunity for
contractors, investors, & creatives alike! Why settle when you can
build the home you've always desired? The possibilities here are
truly endless! Come & see for yourself! **Flood Ins Required, Buyer
responsible for all due diligence, including zoning, permitted use,
subdivision, approvals, utilities, environmental, and buildability.
Unit Size
-
Days on Market
134 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
-
Year Built
-
Listed By
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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: 4 months ago (CJMLS #2616724R)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$82,000
↓ $10K
(10.9%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by RE/MAX 1st ADVANTAGE | $92,000 | |
| Listed by RE/MAX 1st ADVANTAGE | |||
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed by Better Homes and Gardens Real Estate Murphy & Co | $10,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co | |||
| | |||
|
Vacant lot on a Tree Lined street in a nice, clean, secluded neighborhood . A nice place to live. It is close to shopping, dining, entertainment and the Beaches of Long Beach Island. Commuting is available on US Route 9 and the Garden State Parkway. This lot is 3 streets from the Bay. It is in the AE Flood Zone and will require appropriate flood zone construction. This lot conforms to the requirements of R-BB Township Zone. This lot is for sale on a strictly ''As Is'' basis at a very competitive price. The lot measurements were taken from township tax records. It is recommended that buyers and their representatives complete Due Diligence on the lot. A New Jersey Geoweb Wetlands Map has been added to the Documents Section. It shows substantial wetlands. The wetlands can be filled with New Jersey DEP approval. A professional Survey including percolation tests is required to confirm the existence and exact location of wetlands. Come, See & Make An Offer!
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Property Highlights
Exterior Details
Other Structures: None
Lot Features: Corner Lot, Near Public Transit, See Remarks, No Land Improvements, Near Shopping
Lot Size Area: 10000
Lot Size Units: Square Feet
Lot Size Acres: 0.2296
Lot Size Square Feet: 10000
Lot Size Dimensions: 100.00 x 100.00
Water Source: See Remarks
Financial Details
Tax Annual Amount: $118
Utilities Details
Sewer : See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
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HOA + Taxes
About Ocean
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Listed by: ROBERT DEKANSKI
RE/MAX 1st ADVANTAGE
Last Updated: 4 months ago
Data Source: CJMLS , MLS# 2616724R
RE/MAX 1st ADVANTAGE
Last Updated: 4 months ago
Data Source: CJMLS , MLS# 2616724R
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017