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Ocean Acres 08005
7 Tina Way
$35,000
● Land - Off Market

7 Tina Way

Barnegat, NJ 08005
bedrooms
Studio
bathrooms
0 Bath
$64,163
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Sewer and Infrastructure of 51,519 will be due prior to obtaining building permits.  Contact the Barnegat Township Building Department for details.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$111
HOA Dues
-
Year Built
2020

Payment Calculator

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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 #21903094)

Price History

Date / Event Date Event Price
Jan 22, 2020 Sold
Premium
Sold
Jan 14, 2020 Listed by ERA/ American Towne Realty $439,000
Listed by ERA/ American Towne Realty
Feb 1, 2019 Sold
Premium
Sold
Jan 21, 2019 Listed by Crossroads Realty Executive Office $42,500
Listed by Crossroads Realty Executive Office
Jan 3, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 8
  • Basement Area: 953
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,724
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 2,462
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN ACRES
  • Land Acres: 0000000269
  • 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 30
  • District: 01
  • Parcel: 01 00092- 36-00016
  • Block: 92.36
  • Lot: 16
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7504
  • Longitude: -74.2801

    Address

  • Full Address: 7 Tina Way
  • Address - House Number: 7
  • Address - Street Name: Tina
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R010
  • 4-Digit Zip Code: 1363
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,125,955
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 679,592
  • High Value: 811,090
  • Low Value: 548,094

    Market Valuation

  • Market Total Value: $399,700
  • Market Land Value: $87,500
  • Market Improvement Value: $312,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,700
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $312,200

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020011767
  • Previous Sale Recording Date: Jan 30, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $35,000
  • 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 Acres

Stats & Trends

Median Asking:

$559,500

Sale Price/ft²

$292

Below Asking

0.01%

Average Days on Market

70

Average Home Size

1595 ft²

Average Home Age

26.1 years

Currently For Sale

56 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 770 Lighthouse Drive, Barnegat, NJ, 08005

$1,985 /mo

  • 2 Beds
  • 2 Baths
  • 1,185 ft²
770 Lighthouse Drive #J, Barnegat, NJ, 08005 Listing by Joy Bearden

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Walesiewicz, Crossroads Realty Executive Office
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21903094
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 Tina Way built and last sold?
The property at 7 Tina Way was built in 2020 and last sold on Dec 20, 2019 for $439,000.
How much is this home worth?
The estimated value of the home located at 7 Tina Way is $0.
What are some comparable homes to 7 Tina Way?
There are currently no comparable homes to 7 Tina Way.
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