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Toms River 08753
70 River Drive
$108,100
● House - Off Market

70 River Drive

Toms River, NJ 08753
bedrooms
2 Beds
bathrooms
1 Bath
square feet
748 Ft²
$181,045
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Charming cottage needing a little TLC in quaint bayside neighborhood. 2 bedrooms, updated bathroom, cathedral ceilings,  updated electrical systems, walk-out basement, large detached garage/worshop, on a large lot that is a gardeners heaven! Walk to the beach and optional association with available boat slips! Close to shopping, boardwalk, etc. Don't pass this one! With the right owner, this could be a little dream home!
Unit Size
748 Ft²
Days on Market
-
Land Size
-
Price per sqft
$136
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1950

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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 #21505970)

Price History

Date / Event Date Event Price
Dec 4, 2015 Sold
Premium
Sold
Feb 19, 2015 Listed by Pacesetter Realty $102,000
Listed by Pacesetter Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 572
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 748
  • Building Area: 748
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 748
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 10

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723600

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 85
  • District: 08
  • Parcel: 08 00706- 05-00009
  • Block: 706.05
  • Lot: 9
  • Municipality: DOVER TWP
  • Latitude: 39.9509
  • Longitude: -74.1551

    Address

  • Full Address: 70 River Dr
  • Address - House Number: 70
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C013
  • 4-Digit Zip Code: 7045
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,207

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 298,029
  • High Value: 364,917
  • Low Value: 231,140

    Market Valuation

  • Market Total Value: $231,400
  • Market Land Value: $104,000
  • Market Improvement Value: $127,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,400
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $127,400

    Sales

  • Current Sale Contract Date: Dec 09, 2015
  • Current Sale Recording Date: Jan 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016003590
  • Previous Sale Recording Date: Feb 08, 2008
  • Previous Sale Contract Date: Jan 30, 2008
  • Previous Sale Amount: $153,000
  • 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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1708 ft²

Average Home Age

45.9 years

Currently For Sale

360 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 145 Central Avenue, Island Heights, NJ, 08732

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 806 ft²
145 Central Avenue #11A, Island Heights, NJ, 08732 Listing by Jasmin Elalfy
Unit for rent at 567 Fischer Boulevard, Toms River, NJ, 08753

$2,000 /mo

  • 2 Beds
  • 1 Bath
567 Fischer Boulevard #2, Toms River, NJ, 08753 Listing by Gaetana Del Virginia

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Hewitt, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21505970
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 River Drive built and last sold?
The property at 70 River Drive was built in 1950 and last sold on Dec 9, 2015 for $108,100.
How much is this home worth?
The estimated value of the home located at 70 River Drive is $0.
What are some comparable homes to 70 River Drive?
There are currently no comparable homes to 70 River Drive.
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