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Ocean 08005
70 Lamp Post Drive
$280,000
● House - Off Market

70 Lamp Post Drive

Barnegat, NJ 08005
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,527 Ft²
$613,972
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

5YR young RYAN built 4br 2 1/2 bth colonial with over 2500sq ft NOT counting basement.Inviting 2 story foyer with wood flooring open to living rm.Unique open entry,carpeted stairs&decorative window to finished basement w/MEDIA rm & rough plumbing for 3rd full bath.Alarm sys by Guardian.Eatin kitchen w/sliders to fenced yard.Big family room with decorative gas fireplace.Mstrbr has 2 walkin closets.mstrbth w/dbl sinks,vanities,soaking tub,sep shower & vaulted ceiling.2aone gas heat & air.
Unit Size
2,527 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
2008

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 #21300999)

Price History

Date / Event Date Event Price
Jul 29, 2013 Sold
Premium
Sold
Jan 9, 2013 Listed by Weichert Realtors-Forked River $315,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • 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: 1,246
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,527
  • Building Area: 2,527
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,527
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDEPENDENCE PLACE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734003

Zoning

  • Zoning: ML3

Geography

  • Assessors Map Reference: TAX MAP 92
  • District: 01
  • Parcel: 01 00114- 50-00046
  • Block: 114.50
  • Lot: 46
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7388
  • Longitude: -74.2403

    Address

  • Full Address: 70 Lamp Post Dr
  • Address - House Number: 70
  • Address - Street Name: Lamp Post
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R008
  • 4-Digit Zip Code: 1719
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $856,086

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 576,152
  • High Value: 699,900
  • Low Value: 452,404

    Market Valuation

  • Market Total Value: $303,900
  • Market Land Value: $78,400
  • Market Improvement Value: $225,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,900
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $225,500

    Sales

  • Current Sale Contract Date: Jul 29, 2013
  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2013084303
  • Previous Sale Recording Date: Jan 06, 2009
  • Previous Sale Contract Date: Dec 18, 2008
  • Previous Sale Amount: $344,065
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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 1072 W Bay Avenue, Barnegat, NJ, 08005

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,448 ft²
1072 W Bay Avenue, Barnegat, NJ, 08005 Listing by Gregory R Broome
Unit for rent at 399 Golfview Drive, Stafford, NJ, 08050

$3,600 /mo

  • 4 Beds
  • 4 Baths
  • 3,356 ft²
399 Golfview Drive, Stafford, NJ, 08050 Listing by Katty Velez

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Elizabeth Fletcher, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21300999
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 Lamp Post Drive built and last sold?
The property at 70 Lamp Post Drive was built in 2008 and last sold on Jul 29, 2013 for $280,000.
How much is this home worth?
The estimated value of the home located at 70 Lamp Post Drive is $0.
What are some comparable homes to 70 Lamp Post Drive?
There are currently no comparable homes to 70 Lamp Post Drive.
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