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Ocean
762 Briar Road
$230,000
● House - Off Market

762 Briar Road

Lanoka Harbor, NJ 08734
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,798 Ft²
$350,197
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

WOW!!! GREAT home ready for a new owner. Everything has been done so you can just move in and relax. Home offers new kitchen, new appliances, new carpeting, freshly painted, new baths, oversized family room with beautiful pergo flooring, large yard and so much more. Oh did I mention a new timberline roof!! You will NOT be disappointed with this home. Property is sold as is with buyer responsible for all inspections and certifications necessary to close but don't let this fool you. Great house!
Unit Size
1,798 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1986

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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 #21808519)

Price History

Date / Event Date Event Price
May 25, 2018 Sold
Premium
Sold
Mar 5, 2018 Listed by Linda Schroeck Rlty. Group LLC $230,000
Listed by Linda Schroeck Rlty. Group LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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 42
  • Account Number: 99672
  • District: 13
  • Parcel: 13 00745-0000-00001- 05
  • Block: 745
  • Lot: 1.05
  • Municipality: LACEY TWP
  • Latitude: 39.8628
  • Longitude: -74.1701

    Address

  • Full Address: 762 Briar Rd
  • Address - House Number: 762
  • Address - Street Name: Briar
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R005
  • 4-Digit Zip Code: 2308
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $517,096

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 440,878
  • High Value: 540,157
  • Low Value: 341,598

    Market Valuation

  • Market Total Value: $228,500
  • Market Land Value: $92,000
  • Market Improvement Value: $136,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,500
  • Assessed Land Value: $92,000
  • Assessed Improvements Value: $136,500

    Sales

  • Current Sale Contract Date: Apr 18, 2018
  • Current Sale Recording Date: Jul 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2018072555
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Contract Date: Apr 17, 2017
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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

$304

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1609 ft²

Average Home Age

24.6 years

Currently For Sale

3232 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: Linda Schroeck, Linda Schroeck Rlty. Group LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21808519
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 762 Briar Road built and last sold?
The property at 762 Briar Road was built in 1986 and last sold on Apr 18, 2018 for $230,000.
How much is this home worth?
The estimated value of the home located at 762 Briar Road is $251,919.
What are some comparable homes to 762 Briar Road?
There are currently no comparable homes to 762 Briar Road.
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