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Union Beach 07735
824 Bayview Avenue
$559,000
● House - Off Market

824 Bayview Avenue

Union Beach, NJ 07735
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$561,674
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Enjoy the stunning unobstructed views of the NYC skyline. Water views add to the tranquility. Over 2,700 sqft of true craftsmanship and quality workmanship. Just in time to customize your brand new construction home! Featuring 4 bedrooms, 2.4 bathrooms, hardwood flooring, deck, and a 2 car garage with storage. 10 year home warranty. Location is an easy commute to the garden state parkway, ferries, buses and trains to NYC. Close to beaches, shops and restaurants.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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.

Last updated: 2 years ago (MOMLS #22107278)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
Mar 12, 2021 Listed by Heritage House Sotheby's International Realty $549,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 6,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,673
  • Building Area: 2,673
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,673
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6

Neighborhood

  • School District Name: Union Beach Borough School District
  • Census Tract: 801800

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: TAX MAP 30
  • Account Number: 00002252
  • District: 50
  • Parcel: 50 00217-0000-00006- 01
  • Block: 217
  • Lot: 6.01
  • Municipality: UNION BEACH BORO
  • Latitude: 40.4454
  • Longitude: -74.1625

    Address

  • Full Address: 824 Bayview Ave
  • Address - House Number: 824
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Union Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 3202
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,442,574

    Market Valuation

  • Market Total Value: $674,100
  • Market Land Value: $166,700
  • Market Improvement Value: $507,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,100
  • Assessed Land Value: $166,700
  • Assessed Improvements Value: $507,400

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 76429
  • Previous Sale Recording Date: Jun 01, 2020
  • Previous Sale Contract Date: Feb 20, 2020
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 12
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 Union Beach

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$349

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1460 ft²

Average Home Age

73.1 years

Currently For Sale

37 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 118 Beachway Avenue, Keansburg Boro, 07734-1271

$3,995 /mo

  • 4 Beds
  • 2 Baths
118 Beachway Avenue, Keansburg Boro, 07734-1271 Listing by PATRICK CREAN

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Nicole Rabbat Levine, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22107278
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 824 Bayview Avenue built and last sold?
The property at 824 Bayview Avenue was built in 2022 and last sold on Jun 27, 2022 for $559,000.
How much is this home worth?
The estimated value of the home located at 824 Bayview Avenue is $554,490.
What are some comparable homes to 824 Bayview Avenue?
There are currently no comparable homes to 824 Bayview Avenue.
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