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Ocean 08087
50 Walnut Street
$289,000
● House - Off Market

50 Walnut Street

Little Egg Harbor, NJ 08087
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,280 Ft²
$428,848
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Buyers make this brand new home yours. GREAT FLoor plan and well and septic installation has begun.Plenty of room for entertaining. For empty nesters, this is ideal also. It offers 2x6 construction, and hardwood floors,tile bathroom floors, wall to wall carpet in bedrooms, central air energy efficient home.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$127
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
2019

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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 #21833159)

Price History

Date / Event Date Event Price
Apr 30, 2019 Sold
Premium
Sold
Aug 20, 2018 Listed by Keller Williams Realty Atlantic Shore $289,000
Listed by Keller Williams Realty Atlantic Shore

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,325
  • Lot Size Frontage Feet: 1,910
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Little Egg Harbor Township School District
  • Census Tract: 736001

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 17
  • Parcel: 17 00171-0000-00005
  • Block: 171
  • Lot: 5
  • Municipality: LITTLE EGG HARBOR TWP
  • Latitude: 39.6295
  • Longitude: -74.3161

    Address

  • Full Address: 50 Walnut St
  • Address - House Number: 50
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Little Egg Harbor Twp
  • Carrier Code: R021
  • 4-Digit Zip Code: 9713
  • Zip Code: 08087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $772,544

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 487,539
  • High Value: 562,172
  • Low Value: 412,906

    Market Valuation

  • Market Total Value: $276,600
  • Market Land Value: $87,000
  • Market Improvement Value: $189,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,600
  • Assessed Land Value: $87,000
  • Assessed Improvements Value: $189,600

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 61
  • Current Sale Input Document Number: 2019053698
  • Previous Sale Recording Date: May 06, 2019
  • Previous Sale Contract Date: Jan 23, 2019
  • Previous Sale Amount: $289,000
  • 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

0.16%

Average Days on Market

74

Average Home Size

1581 ft²

Average Home Age

32.5 years

Currently For Sale

3093 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

Rentals Near You

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MOMMLS

Listed by: Shirley A Brower, Keller Williams Realty Atlantic Shore
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21833159
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 Walnut Street built and last sold?
The property at 50 Walnut Street was built in 2019 and last sold on Jun 7, 2019 for $289,000.
How much is this home worth?
The estimated value of the home located at 50 Walnut Street is $0.
What are some comparable homes to 50 Walnut Street?
There are currently no comparable homes to 50 Walnut Street.
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