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Ocean
745 Birch Road
$221,000
● House - Off Market

745 Birch Road

Lanoka Harbor, NJ 08734
bedrooms
2 Beds
bathrooms
1 Bath
square feet
748 Ft²
$223,014
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Nothing to do but move your belongings into this beautifully renovated 2BR/1BA ranch with new roof.  Sparkling and bright, inside boasts new vinyl flooring, wainscoting, decorative ceiling trim and 6 panel doors throughout,  Open floor plan includes living room, dining room with ceiling fan and sliders to backyard, new kitchen with stainless steel appliances, granit countertops, tile backsplash, and ceiling fan.  Outside features include gorgeous Brazilian walnut deck, fenced yard, low maintenance stone front landscape and two storage sheds.  Close to shopping, marinas and two of Jersey Shore's beautiful beaches.  Don't wait on this one.  It's a gem!
Unit Size
748 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$267
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1968

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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 #22131531)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by Coldwell Banker Riviera Realty $200,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 43
  • Account Number: 00049745
  • District: 13
  • Parcel: 13 00783-0000-00002
  • Block: 783
  • Lot: 2
  • Municipality: LACEY TWP
  • Latitude: 39.8606
  • Longitude: -74.1629

    Address

  • Full Address: 745 Birch Rd
  • Address - House Number: 745
  • Address - Street Name: Birch
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2403
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $283,328

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 274,004
  • High Value: 335,706
  • Low Value: 212,302

    Market Valuation

  • Market Total Value: $125,200
  • Market Land Value: $71,000
  • Market Improvement Value: $54,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,200
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $54,200

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021176398
  • Previous Sale Recording Date: Aug 11, 2000
  • Previous Sale Contract Date: Aug 07, 2000
  • Previous Sale Amount: $75,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3002 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

Rentals Near You

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MOMMLS

Listed by: Janet H Levy, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22131531
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 745 Birch Road built and last sold?
The property at 745 Birch Road was built in 1968 and last sold on Nov 12, 2021 for $221,000.
How much is this home worth?
The estimated value of the home located at 745 Birch Road is $0.
What are some comparable homes to 745 Birch Road?
There are currently no comparable homes to 745 Birch Road.
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