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Hammonton 08037
761 Virginia Ave
$450,000 - $548,000
● House - Off Market

761 Virginia Ave

Hammonton, NJ 08037
bedrooms
4 Beds
bathrooms
3 Baths

About This Property

Meet Virginia! BIG BIG Bi-Level (approx 3000 square feet). It has all the makings. It was brought down to the studs. New EVERYTHING! Siding, Roof, Electric, Plumbing, Kitchens, Baths. You Name It, It has it! This is not your "traditional" bi-level home. as there aren't many with 3 full baths (especially in this condition). It even has a private office space. Its location couldn't be anymore premier (Viriginia is an extremely, private, quiet neighborhood) being right around the corner from schools and walking distance to Downtown Hammonton. The Yard is INCREDIBLE (CHECK OUT THE ARIAL VIEW SHOT). There's even a detached garage
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1972

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.

Price History

Date / Event Date Event Price
Feb 16, 2024 No longer available -
No longer available
Feb 15, 2024 Sold
Premium
Sold
Dec 28, 2023 Relisted $479,900
Relisted
Dec 28, 2023 Price Increased $499,900
↑ $20K (4.2%)
Price Increased
Dec 12, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 19,909
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 953
  • Total Building Area: 2,588
  • Building Area: 2,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000457
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: B91L70

Neighborhood

  • School District Name: Hammonton Town School District
  • Census Tract: 010800

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 03505-0000-00015
  • Block: 3505
  • Lot: 15
  • Municipality: HAMMONTON TOWN
  • Latitude: 39.6474
  • Longitude: -74.7929

    Address

  • Full Address: 761 Virginia Ave
  • Address - House Number: 761
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Hammonton
  • Carrier Code: C017
  • 4-Digit Zip Code: 1840
  • Zip Code: 08037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562,351

    Appraisal Valuation

  • Standard Deviation: 0.2754
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 424,606
  • High Value: 541,559
  • Low Value: 307,653

    Market Valuation

  • Market Total Value: $215,700
  • Market Land Value: $60,200
  • Market Improvement Value: $155,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,700
  • Assessed Land Value: $60,200
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12196
  • Previous Sale Recording Date: Sep 20, 2023
  • Previous Sale Contract Date: Aug 08, 2023
  • Previous Sale Amount: $270,000
  • 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 Hammonton

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$223

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2133 ft²

Average Home Age

58 years

Currently For Sale

28 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 224 West End Avenue, HAMMONTON, NJ, 08037

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,784 ft²
224 West End Avenue, HAMMONTON, NJ, 08037 Listing by Poornima Kapoor
Unit for rent at 128 Washington Street N, HAMMONTON, NJ, 08037

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,784 ft²
128 Washington Street N, HAMMONTON, NJ, 08037 Listing by Poornima Kapoor

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 761 Virginia Avenue built and last sold?
The property at 761 Virginia Avenue was built in 1972 and last sold on Feb 15, 2024 for $490,000.
How much is this home worth?
The estimated value of the home located at 761 Virginia Avenue is $0.
What are some comparable homes to 761 Virginia Avenue?
There are currently no comparable homes to 761 Virginia Avenue.
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