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Ocean 08758
51 Maple Street
$75,000
● House - Off Market

51 Maple Street

Waretown, NJ 08758
bedrooms
2 Beds
bathrooms
1 Bath
$158,627
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

2 Bedroom, 1 Bath Ranch home with extra large garage on an oversized fenced in yard.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1952

Payment Calculator

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Cap Rate Calculator

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Monthly Property Taxes
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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 #21703530)

Price History

Date / Event Date Event Price
Nov 17, 2017 Sold
Premium
Sold
Jan 30, 2017 Listed by VRI Homes $100,000
Listed by VRI Homes

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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 810
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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 11
  • District: 21
  • Parcel: 21 00082-0000-00009
  • Block: 82
  • Lot: 9
  • Municipality: OCEAN TWP
  • Latitude: 39.8042
  • Longitude: -74.1896

    Address

  • Full Address: 51 Maple St
  • Address - House Number: 51
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R801
  • 4-Digit Zip Code: 1544
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $299,439
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 284,968
  • High Value: 349,105
  • Low Value: 220,831

    Market Valuation

  • Market Total Value: $137,800
  • Market Land Value: $65,400
  • Market Improvement Value: $72,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,800
  • Assessed Land Value: $65,400
  • Assessed Improvements Value: $72,400

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: Nov 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017124037
  • Previous Sale Recording Date: Nov 14, 2007
  • Previous Sale Contract Date: Oct 30, 2007
  • Previous Sale Amount: $190,000
  • 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

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 2 Central Avenue, Waretown, NJ, 08758

$2,000 /mo

  • 1 Bed
  • 1 Bath
2 Central Avenue, Waretown, NJ, 08758 Listing by David Lazaro
Unit for rent at 612 Beach Blvd, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
612 Beach Blvd, Forked River, NJ, 08731 Listing by Mary Albanese

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Elizabeth Buccigrossi, VRI Homes
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21703530
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 51 Maple Street built and last sold?
The property at 51 Maple Street was built in 1952 and last sold on May 16, 2017 for $75,000.
How much is this home worth?
The estimated value of the home located at 51 Maple Street is $0.
What are some comparable homes to 51 Maple Street?
There are currently no comparable homes to 51 Maple Street.
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