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Ocean
702 Pine Street
$299,900
● House - Off Market

702 Pine Street

Lanoka Harbor, NJ 08734
bedrooms
3 Beds
bathrooms
2 Baths
$364,700
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Outstanding opportunity to own a gorgeous 3 bedroom 2 bath ranch in Lanoka Harbor.  The 2 car garage is sure to please any car enthusiast.  Features 10 foot ceilings with 8 foot garage doors. The kitchen will appeal to any cook.  All new stainless appliances, gas stove, dishwasher, microwave and fridge The open floor plan is great for entertaining.  Relax and grill on the deck.  This home is ready to move right in!  Call Today.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1985

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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 #22104703)

Price History

Date / Event Date Event Price
Apr 15, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by Keller Williams Realty Preferred Properties $299,900
Listed by Keller Williams Realty Preferred Properties
Outstanding opportunity to own a gorgeous 3 bedroom 2 bath ranch in Lanoka Harbor. The 2 car garage is sure to please any car enthusiast. Features 10 foot ceilings with 8 foot garage doors. The kitchen will appeal to any cook. All new stainless appliances, gas stove, dishwasher, microwave and fridge The open floor plan is great for entertaining. Relax and grill on the deck. This home is ready to move right in! Call Today.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,282
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6,7,8

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 44
  • Account Number: 00172340
  • District: 13
  • Parcel: 13 00913-0000-00005
  • Block: 913
  • Lot: 5
  • Municipality: LACEY TWP
  • Latitude: 39.8624
  • Longitude: -74.1528

    Address

  • Full Address: 702 Pine St
  • Address - House Number: 702
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R001
  • 4-Digit Zip Code: 2519
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,979

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 384,773
  • High Value: 471,418
  • Low Value: 298,127

    Market Valuation

  • Market Total Value: $198,400
  • Market Land Value: $82,000
  • Market Improvement Value: $116,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,400
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $116,400

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021069041
  • Previous Sale Recording Date: Mar 03, 2010
  • Previous Sale Contract Date: Feb 23, 2010
  • Previous Sale Amount: $258,000
  • 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

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 255 Pine Drive, Bayville, NJ, 08721

$3,000 /mo

  • 3 Beds
  • 2 Baths
255 Pine Drive, Bayville, NJ, 08721 Listing by Patricia A Karnatski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna M Smith, Keller Williams Preferred Properties, Manahawkin
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22104703
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 702 Pine Street built and last sold?
The property at 702 Pine Street was built in 1985 and last sold on Apr 7, 2021 for $299,900.
How much is this home worth?
The estimated value of the home located at 702 Pine Street is $0.
What are some comparable homes to 702 Pine Street?
There are currently no comparable homes to 702 Pine Street.
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