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Ocean 08005
70 Highland Drive
$260,000
● House - Off Market

70 Highland Drive

Barnegat, NJ 08005
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,354 Ft²
$600,755
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

This OUTSTANDING HOME is YOUR CASTLE located in a very large WOODLAND PARADISE! The mature trees, landscaping & shrubbery MAXIMIZES PRIVACY, provides SHADE, QUIET & TRANQUILTY. It is your respite from the stress & other worldly cares. Sit back & RELAX on YOUR covered porch and watch the birds & wildlife gamble across your property. Listen to the song of the birds as they sooth your cares away. The very large corner property has an EXTRA LONG driveway leading to a two (2) Car Garage & MORE!
Unit Size
2,354 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1987

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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 #21140081)

Price History

Date / Event Date Event Price
Jun 14, 2012 Sold
Premium
Sold
Nov 1, 2011 Listed by Crossroads Realty Inc-Lacey $279,000
Listed by Crossroads Realty Inc-Lacey

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 5
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Lot Size Depth Feet: 1,970
  • Lot Size Frontage Feet: 2,050
  • Total Building Area: 2,354
  • Building Area: 2,354
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,354
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: TAX MAP 53
  • District: 01
  • Parcel: 01 00103-0000-00014
  • Block: 103
  • Lot: 14
  • Municipality: BARNEGAT TWP
  • Latitude: 39.764
  • Longitude: -74.2584

    Address

  • Full Address: 70 Highland Dr
  • Address - House Number: 70
  • Address - Street Name: Highland
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R007
  • 4-Digit Zip Code: 1264
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $770,168
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 545,199
  • High Value: 652,480
  • Low Value: 437,918

    Market Valuation

  • Market Total Value: $273,400
  • Market Land Value: $124,500
  • Market Improvement Value: $148,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,400
  • Assessed Land Value: $124,500
  • Assessed Improvements Value: $148,900

    Sales

  • Current Sale Contract Date: Jun 08, 2012
  • Current Sale Recording Date: Jun 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2012060711
  • Previous Sale Recording Date: Jun 26, 2003
  • Previous Sale Contract Date: May 12, 2003
  • Previous Sale Amount: $94,500
  • 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

1595 ft²

Average Home Age

29 years

Currently For Sale

4297 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

Rentals Near You

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MOMMLS

Listed by: Robert J Roggenstein, Crossroads Realty Inc-Lacey
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21140081
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 70 Highland Drive built and last sold?
The property at 70 Highland Drive was built in 1987 and last sold on Jun 8, 2012 for $260,000.
How much is this home worth?
The estimated value of the home located at 70 Highland Drive is $0.
What are some comparable homes to 70 Highland Drive?
There are currently no comparable homes to 70 Highland Drive.
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