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Ocean 08758
66 Barnegat Beach Drive
$154,000
● House - Off Market

66 Barnegat Beach Drive

Waretown, NJ 08758
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$277,750
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Charming country cottage w/modern kitchen and bath, gas HWBB heat, C/A, newer roof and with a little TLC it could be restored to original DOLL HOUSE character. Detached 2 car garage with 2nd floor loft/studio apartment featuring modern kitchen area, full bath, hardwood floors, fireplace, electric heat and air conditioner. Perfect for an artist or hobbiest. So many possibilities!! Lovely beach community with so much to offer.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1944

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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 #21434481)

Price History

Date / Event Date Event Price
Oct 30, 2014 Sold
Premium
Sold
Aug 25, 2014 Listed by Weichert Realtors - Forked River $149,000
Listed by Weichert Realtors - Forked River
Charming country cottage with modern kitchen and updated bathroom, gas HWBB heat, C/A, newer roof, vinyl siding, fireplace, enclosed front porch and with a little TLC it could be restored to its original DOLL HOUSE character. Additionally there is a detached 2 car garage with a 2nd. floor loft/studio apartment featuring modern kitchen area, full bath, hardwood floors, fireplace, electric heat and air conditioner. Perfect for an artist studio or hobbiest. So many possibilities makes this property so unique! Lovely beach community with so much to offer. Owner wants this house SOLD!,Apartment Above Garage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • 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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 733001

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 25
  • District: 21
  • Parcel: 21 00234-0000-00001
  • Block: 234
  • Lot: 1
  • Municipality: OCEAN TWP
  • Latitude: 39.7801
  • Longitude: -74.1935

    Address

  • Full Address: 66 Barnegat Beach Dr
  • Address - House Number: 66
  • Address - Street Name: Barnegat Beach
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Waretown
  • Carrier Code: R802
  • 4-Digit Zip Code: 2823
  • Zip Code: 08758

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $427,646

    Appraisal Valuation

  • Standard Deviation: 0.225
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 375,797
  • High Value: 460,377
  • Low Value: 291,218

    Market Valuation

  • Market Total Value: $196,800
  • Market Land Value: $77,500
  • Market Improvement Value: $119,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,800
  • Assessed Land Value: $77,500
  • Assessed Improvements Value: $119,300

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020032507
  • Previous Sale Recording Date: Nov 20, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $154,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29.1 years

Currently For Sale

4369 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 1 Memorial Drive, Waretown, NJ, 08758

$2,000 /mo

  • 2 Beds
  • 1 Bath
1 Memorial Drive #203, Waretown, NJ, 08758 Listing by Ellen Hall
Unit for rent at 290 N Main Street, Barnegat, NJ, 08005

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 5,276 ft²
290 N Main Street #12, Barnegat, NJ, 08005 Listing by Jayda Santiago

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marlene Buchel, Weichert Realtors-Forked River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21434481
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 66 Barnegat Beach Drive built and last sold?
The property at 66 Barnegat Beach Drive was built in 1944 and last sold on Mar 20, 2020 for $229,000.
How much is this home worth?
The estimated value of the home located at 66 Barnegat Beach Drive is $0.
What are some comparable homes to 66 Barnegat Beach Drive?
There are currently no comparable homes to 66 Barnegat Beach Drive.
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