$450,000
●
Land -
For Sale
8 Pirate Drive
Waretown, NJ 08758
Studio
0 Bath
$2,694
Est. Monthly
About This Property
LOCATION,LOCATION,LOCATION!
This is a spectacular Bay Front property,
Build your dream home with unobstructed views of the open bay and your own private beach. This is a large lot at nearly 1/3 of an acre. This property sits on the corner at the end of Pirate Dr. Utilities at the street. Direct ride out to the Barnegat Inlet. excellent location to Restaurants, Barnegat Light House, Marinas, Beaches and Holiday Beach Club in walking distance, Minutes to the GSPW and public Transportation for easy commutes. Don't miss out on this hidden Gem.
This is a spectacular Bay Front property,
Build your dream home with unobstructed views of the open bay and your own private beach. This is a large lot at nearly 1/3 of an acre. This property sits on the corner at the end of Pirate Dr. Utilities at the street. Direct ride out to the Barnegat Inlet. excellent location to Restaurants, Barnegat Light House, Marinas, Beaches and Holiday Beach Club in walking distance, Minutes to the GSPW and public Transportation for easy commutes. Don't miss out on this hidden Gem.
Unit Size
-
Days on Market
48 days
Land Size
0.31 acres
Price per sqft
-
Property Type
Land
Property Taxes
$484
HOA Dues
-
Year Built
-
Listed By
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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: 2 months ago (MOMLS #22625253)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Listed by Coldwell Banker Riviera Realty | $450,000 | |
| Listed by Coldwell Banker Riviera Realty | |||
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | In contract | - | |
| In contract | |||
| Apr 25, 2023 | Listed by RE/MAX at Barnegat Bay - Forked River | $399,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| | |||
|
Amazing and sweeping unobstructed open water views from this one of a kind bay front lot in Waretown, just a short direct ride to the Barnegat Inlet, lighthouse and ocean. Don't miss out on having your own private bay front beach! This is an excellent opportunity for an over sized lot surrounded by waterfront homes, yet offering privacy and seclusion tucked away in a great waterfront community. The lot is nearly 1/3 of an acre of open water bliss and offers plenty of depth. Build your bay front dream home from the ground up! The seller has a CAFRA permit, plus house plans they would consider including. Please inquire for more info. Close to all area marinas, restaurants, beach club and beaches. Stop by and check it out by car or by boat today! Don't miss out on this unique opportunity.
| |||
| Nov 9, 2020 | Sold | ||
| Sold | |||
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Property Highlights
With View
Exterior Details
Waterfront Features: Beach Front, Bayfront, Bayview
Lot Features: Beachfront, Bayfront
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Lot Size Square Feet: 13503.6
Lot Size Dimensions: 65 x 210
Financial Details
Tax Assessed Value: $368,300
Tax Annual Amount: $5,812
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Ocean
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Listed by: Ann Acquaire, Coldwell Banker Riviera Realty
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22625253
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.
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22625253
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017