82 Ridge Terrace
About This Property
Beautifully maintained three-bedroom split-level home located in one of Neptune City's most desirable neighborhoods- around a mile from Bradley Beach and Avon-by-the-Sea's beach/boardwalk. Enjoy easy access to Routes 35,18,195 and the GSP for convenient commuting.
Featuring an updated kitchen that flows seamlessly into the living room with a bright, open-concept layout perfect for entertaining and everyday living. A spacious bonus room with a private entrance adds extra flexibility-ideal for a home office, guest space, or hobby area. Updated bathroom. Newer HVAC, windows and roof. New sewer line and sump pump. Move right in and start enjoying the Shore lifestyle!
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Listed by Diane Turton, Realtors-Avon | $589,900 | |
| Listed by Diane Turton, Realtors-Avon | |||
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Keller Williams Shore Properties | $509,900 | |
| Listed by Keller Williams Shore Properties | |||
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HURRY! This will be sold quick ! Completely updated split level home located in Neptune City. This home is located about a mile from the Ocean and three blocks to Main Street right on the Bradley Beach / Avon By The Sea border. For commuters the home offers easy access to Rt 35, 18, 195 and the Parkway. On the exterior of the home you will find a new roof and new windows. The interior has new HVAC, fresh paint, refinished hardwood and new tile/carpet throughout the home. The main level offers a living room with recessed lighting, completely updated kitchen with new cabinets, appliances, counters and backsplash. The lower level offers a family room and utility/laundry room. The third level offers 2 bedrooms and a completely remodeled / updated bathroom. The fourth level completes the home with an additional bedroom. This home is ready and waiting for new owners, call today for your showing before it's sold! This is a Fannie Mae Homepath Property. Multiple offers - HIGHEST AND BEST BY 11/18/24 at 11:59pm EST.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017