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Pine Beach 08741
0 Grant Avenue
$125,900
● Land - Off Market

0 Grant Avenue

Pine Beach, NJ 08741
bedrooms
Studio
bathrooms
0 Bath
$151,887
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Inventory is low! Have your dream home built in beautiful Pine Beach at the Jersey Shore. This is a buildable 100 x 125 lot with utilities in the street. Come take a look today before this rare find is gone...
Unit Size
-
Days on Market
33 days
Land Size
0.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$233
HOA Dues
-
Year Built
1954

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: 7 months ago (MOMLS #22108338)

Price History

Date / Event Date Event Price
Apr 22, 2021 Sold
Premium
Sold
Mar 19, 2021 Listed by RE/MAX at Barnegat Bay $124,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 1,031
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,811
  • Gross Building Area: 1,811
  • Building Area: 1,811
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,811
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000227
  • Standard Land Use Code: 9101
  • County Land Use Code: 15D
  • Legal Description 1: FACILITY NAME: RESIDENCE

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 23
  • Parcel: 23 00031-0000-00030
  • Block: 31
  • Lot: 30
  • Municipality: PINE BEACH BORO
  • Latitude: 39.9339
  • Longitude: -74.1673

    Address

  • Full Address: 721 Midland Ave
  • Address - House Number: 721
  • Address - Street Name: Midland
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1712
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $351,900
  • Market Land Value: $145,800
  • Market Improvement Value: $206,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,900
  • Assessed Land Value: $145,800
  • Assessed Improvements Value: $206,100

    Sales

  • Current Sale Contract Date: Jun 25, 2008
  • Current Sale Recording Date: Jun 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2008071691
  • Previous Sale Recording Date: Aug 09, 2005
  • Previous Sale Contract Date: Aug 01, 2005
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$607,000

Sale Price/ft²

$352

Below Asking

0.02%

Average Days on Market

58

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 216 Ocean Gate Avenue, Ocean Gate, NJ, 08740

$2,100 /mo

  • 2 Beds
  • 1 Bath
216 Ocean Gate Avenue #2, Ocean Gate, NJ, 08740 Listing by Colette A Gioia
Unit for rent at 729 Riverside Drive, Pine Beach, NJ, 08741

$1,800 /mo

  • 1 Bed
  • 1 Bath
729 Riverside Drive #A, Pine Beach, NJ, 08741 Listing by Kathleen Bloom-Anen

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cessna Statt, RE/MAX at Barnegat Bay
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 22108338
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 721 Midland Avenue built and last sold?
The property at 721 Midland Avenue was built in 1954 and last sold on Jun 25, 2008 for $310,000.
How much is this home worth?
The estimated value of the home located at 721 Midland Avenue is $126,149.
What are some comparable homes to 721 Midland Avenue?
There are currently no comparable homes to 721 Midland Avenue.
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