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Ocean 08087
7 High Ridge Road
$210,000
● House - Off Market

7 High Ridge Road

Little Egg Harbor, NJ 08087
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,584 Ft²
$305,706
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Spacious three bedroom, two and a half bath home located on a cul de sac street and close to shopping and major roads.  Bonus room on first floor can be used as a possible fourth bedroom, office, den, craft room, man cave- the possibilities are endless! Master bedroom with full bath and walk in closet is located upstairs, along with two other generously sized bedrooms, hall bath and laundry.  Over sized, extra clean one car garage with attic storage. Large yard with vinyl fence completes this move in ready home.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$136
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1993

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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 #22003867)

Price History

Date / Event Date Event Price
Apr 7, 2020 Sold
Premium
Sold
Jan 30, 2020 Listed by Weichert Realtors-Forked River $214,999
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,584
  • 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: Little Egg Harbor Township School District
  • Census Tract: 736101

Zoning

  • Zoning: GB

Geography

  • Assessors Map Reference: TAX MAP 2101
  • District: 17
  • Parcel: 17 00284-0000-00034
  • Block: 284
  • Lot: 34
  • Municipality: LITTLE EGG HARBOR TWP
  • Latitude: 39.5847
  • Longitude: -74.3723

    Address

  • Full Address: 7 High Ridge Rd
  • Address - House Number: 7
  • Address - Street Name: High Ridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Little Egg Harbor Twp
  • Carrier Code: R023
  • 4-Digit Zip Code: 4001
  • Zip Code: 08087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $566,225

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 375,372
  • High Value: 460,482
  • Low Value: 290,262

    Market Valuation

  • Market Total Value: $205,900
  • Market Land Value: $91,900
  • Market Improvement Value: $114,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,900
  • Assessed Land Value: $91,900
  • Assessed Improvements Value: $114,000

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020041489
  • Previous Sale Recording Date: Aug 09, 2004
  • Previous Sale Contract Date: Jul 28, 2004
  • Previous Sale Amount: $224,500
  • Previous Sale Document Type: 12
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

0.19%

Average Days on Market

65

Average Home Size

1604 ft²

Average Home Age

29.5 years

Currently For Sale

4527 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 129 E Raritan Drive, TUCKERTON, NJ, 08087

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,024 ft²
129 E Raritan Drive, TUCKERTON, NJ, 08087 Listing by Jonathan Verano

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Tina Berlinski, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22003867
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 7 High Ridge Road built and last sold?
The property at 7 High Ridge Road was built in 1993 and last sold on Apr 2, 2020 for $215,000.
How much is this home worth?
The estimated value of the home located at 7 High Ridge Road is $0.
What are some comparable homes to 7 High Ridge Road?
There are currently no comparable homes to 7 High Ridge Road.
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