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Ocean Acres 08005
60 Mutineer Avenue
$485,000
● House - Off Market

60 Mutineer Avenue

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
$529,659
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is a newer home built in 2016 situated on an oversized piece of property 75X150 with a natural reserve in the back for exclusive privacy. Open floor plan, Beautiful kitchen with stainless steel appliances and granite. Additional large pantry for plenty of storage. This is 3 bedroom with a loft that be turned into a 4th bedroom. Open floor plan. This home comes with a full finished basement equipped with a full bathroom, a storage room and additional room to be used a you see fit. Plenty of space to entertain. Close to parkway and shopping
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
2016

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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 #22131775)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Sep 26, 2021 Listed by EXIT Realty Jersey Shore $475,000
Listed by EXIT Realty Jersey Shore

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,092
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,146
  • Building Area: 2,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,146
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734004

Zoning

  • Zoning: RH

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 01
  • Parcel: 01 00092- 79-00004
  • Block: 92.79
  • Lot: 4
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7538
  • Longitude: -74.2661

    Address

  • Full Address: 60 Mutineer Ave
  • Address - House Number: 60
  • Address - Street Name: Mutineer
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R028
  • 4-Digit Zip Code: 1318
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,538

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 581,126
  • High Value: 703,754
  • Low Value: 458,498

    Market Valuation

  • Market Total Value: $314,000
  • Market Land Value: $86,300
  • Market Improvement Value: $227,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000
  • Assessed Land Value: $86,300
  • Assessed Improvements Value: $227,700

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021170529
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Contract Date: Sep 02, 2016
  • Previous Sale Amount: $365,474
  • 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 Acres

Stats & Trends

Median Asking:

$559,250

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1536 ft²

Average Home Age

27.4 years

Currently For Sale

54 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 135 Nautilus Drive, Manahawkin, NJ, 08050

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 996 ft²
135 Nautilus Drive, Manahawkin, NJ, 08050 Listing by David Breitweiser
Unit for rent at 104 Nautilus Drive, Manahawkin, NJ 08050

$3,000 /mo

  • 4 Beds
  • 1.5 Baths
104 Nautilus Drive, Manahawkin, NJ 08050 Listing by DITH PAUL

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sharon Miranda, EXIT Realty Jersey Shore
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22131775
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 60 Mutineer Avenue built and last sold?
The property at 60 Mutineer Avenue was built in 2016 and last sold on Nov 19, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 60 Mutineer Avenue is $479,750.
What are some comparable homes to 60 Mutineer Avenue?
There are currently no comparable homes to 60 Mutineer Avenue.
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