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Ocean 08758
50 Dock Avenue
$307,000
● House - Off Market

50 Dock Avenue

Waretown, NJ 08758
bedrooms
2 Beds
bathrooms
1 Bath
square feet
759 Ft²
$1,683
Est. Monthly
7.87%
Cap Rate

About This Property

Adorable and Affordable!  Move right in this beautifully remodeled home.  Location is great!  A stone's throw away from the Sands Point Boat Launch, Playground, Tennis Courts, and more!   More photos to follow.
Unit Size
759 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$394
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1952

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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 #22424271)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Aug 31, 2024 In contract -
In contract
Aug 21, 2024 Listed by RE/MAX at Barnegat Bay $299,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,700
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 500
  • Total Building Area: 759
  • Building Area: 759
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 759
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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 00086-0000-00009
  • Block: 86
  • Lot: 9
  • Municipality: OCEAN TWP
  • Latitude: 39.8077
  • Longitude: -74.186

    Address

  • Full Address: 50 Dock Ave
  • Address - House Number: 50
  • 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: $240,768
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 224,551
  • High Value: 275,090
  • Low Value: 174,012

    Market Valuation

  • Market Total Value: $110,800
  • Market Land Value: $59,800
  • Market Improvement Value: $51,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,800
  • Assessed Land Value: $59,800
  • Assessed Improvements Value: $51,000

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Apr 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2018030569
  • Previous Sale Recording Date: Jun 15, 2004
  • Previous Sale Contract Date: Jun 02, 2004
  • Previous Sale Amount: $110,600
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4652 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 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: Rosa Mazzei, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22424271
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 50 Dock Avenue built and last sold?
The property at 50 Dock Avenue was built in 1952 and last sold on Mar 2, 2018 for $51,000.
How much is this home worth?
The estimated value of the home located at 50 Dock Avenue is $0.
What are some comparable homes to 50 Dock Avenue?
There are currently no comparable homes to 50 Dock Avenue.
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