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Pine Beach 08741
713 Prospect Avenue
$649,900
● House - Off Market

713 Prospect Avenue

Pine Beach, NJ 08741
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,961 Ft²
$648,127
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Charming custom home located in Pine Beach! This lovely home offers all new vinyl siding, new central air, and move in ready! From the moment you step into the foyer of the main house you are greeted by a dual side fireplace and custom wood flooring the ceilings offer a unique antiquity character with metal ceiling tiles. In the main section of the house, you have a spacious living room with 3 bedrooms and 2 full baths. As you pass through the new gorgeous kitchen you will love the new cabinets, granite and tile backsplash looking out to the pool. A hallway off the kitchen connects you to the second area of the home, here you have a primary suite with a full kitchen, family room, large bedroom and full bath, complete with a private trex deck looking over the pool.
Unit Size
2,961 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$219
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1920

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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 #22308842)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
Apr 4, 2023 Listed by C21/ Lawrence Realty $649,900
Listed by C21/ Lawrence Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • 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: 12,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,839
  • Building Area: 1,839
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,839
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PINE BEACH
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L13,15,17

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 730000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 23
  • Parcel: 23 00027-0000-00011
  • Block: 27
  • Lot: 11
  • Municipality: PINE BEACH BORO
  • Latitude: 39.9353
  • Longitude: -74.1658

    Address

  • Full Address: 713 Prospect Ave
  • Address - House Number: 713
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1229
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $744,182

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 581,738
  • High Value: 703,892
  • Low Value: 459,584

    Market Valuation

  • Market Total Value: $467,000
  • Market Land Value: $150,000
  • Market Improvement Value: $317,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $467,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $317,000

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 57355
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 Pine Beach

Stats & Trends

Median Asking:

$562,450

Sale Price/ft²

$346

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1996 ft²

Average Home Age

68.4 years

Currently For Sale

7 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 30 Gladney Avenue, Toms River, NJ, 08753

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 2,307 ft²
30 Gladney Avenue, Toms River, NJ, 08753 Listing by Francis P Larkin
Unit for rent at 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathleen Festino, C21/ Lawrence Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22308842
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 713 Prospect Avenue built and last sold?
The property at 713 Prospect Avenue was built in 1920 and last sold on Jul 21, 2023 for $649,900.
How much is this home worth?
The estimated value of the home located at 713 Prospect Avenue is $0.
What are some comparable homes to 713 Prospect Avenue?
There are currently no comparable homes to 713 Prospect Avenue.
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