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Ocean 08005
53 Lamp Post Drive
$235,000
● House - Off Market

53 Lamp Post Drive

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,796 Ft²
$429,349
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

BEAUTIFUL COLONIAL STYLE HOUSE IN GOOD CONDITION.  VERY WELL KEPT HOUSE WITH 3 NICE SIZED BEDROOMS, FULL FINISHED BASEMENT, AND LARGE BACKYARD WITH PATIO- PERFECT FOR SUMMER ENTERTAINING.
Unit Size
1,796 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
2007

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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: 3 years ago (MOMLS #21452738)

Price History

Date / Event Date Event Price
Mar 4, 2015 Sold
Premium
Sold
Nov 21, 2014 Listed by CRS Agency Elite LLC $234,900
Listed by CRS Agency Elite LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 872
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDEPENDENCE PLACE
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: ML3

Geography

  • Assessors Map Reference: TAX MAP 92
  • District: 01
  • Parcel: 01 00114- 36-00031- 01
  • Block: 114.36
  • Lot: 31.01
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7376
  • Longitude: -74.2419

    Address

  • Full Address: 53 Lamp Post Dr
  • Address - House Number: 53
  • Address - Street Name: Lamp Post
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R008
  • 4-Digit Zip Code: 1720
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $700,870

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 479,820
  • High Value: 577,188
  • Low Value: 382,453

    Market Valuation

  • Market Total Value: $248,800
  • Market Land Value: $82,600
  • Market Improvement Value: $166,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,800
  • Assessed Land Value: $82,600
  • Assessed Improvements Value: $166,200

    Sales

  • Current Sale Contract Date: Feb 09, 2015
  • Current Sale Recording Date: Mar 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015020867
  • Previous Sale Recording Date: Nov 20, 2014
  • Previous Sale Contract Date: Oct 14, 2014
  • Previous Sale Document Type: 64
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

1593 ft²

Average Home Age

24.1 years

Currently For Sale

4226 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 80 Bowline Street, Barnegat, NJ, 08005

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,908 ft²
80 Bowline Street, Barnegat, NJ, 08005 Listing by Karen Rucando

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jacyntha Mack, CRS Agency Elite LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21452738
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 53 Lamp Post Drive built and last sold?
The property at 53 Lamp Post Drive was built in 2007 and last sold on Feb 9, 2015 for $235,000.
How much is this home worth?
The estimated value of the home located at 53 Lamp Post Drive is $0.
What are some comparable homes to 53 Lamp Post Drive?
There are currently no comparable homes to 53 Lamp Post Drive.
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