$430,000
●
House -
Off Market
87 BONITA ROAD
WARETOWN, NJ 08758
2 Beds
2 Baths
1,190 Ft²
$1,940
Est. Monthly
About This Property
A true Jersey Shore gem just steps from Barnegat Bay and local
marinas. Enjoy the salt air from this well-kept home offering 2
spacious bedrooms and 2 beautifully renovated full baths. The
living room boasts vaulted beamed ceilings and a cozy wood-burning
fireplace that warms the entire house. Outside is a private
backyard oasis with expansive decking, pavers, landscaping, pool
shed with electric, and a veranda perfect for entertaining. Recent
updates include roof, hot water heater, fireplace, and baths.
Detached garage adds extra convenience for storage and water toys.
Join Barnegat Bay Beach association for a discounted boat slip.
Life is good at the Jersey Shore.
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$332
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
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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: 12 months ago (Bright MLS #NJOC2037042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by RE/MAX at Barnegat Bay - Forked River | $394,900 | |
| Listed by RE/MAX at Barnegat Bay - Forked River | |||
| Oct 17, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by Crossroads Realty Inc-Lacey | $159,000 | |
| Listed by Crossroads Realty Inc-Lacey | |||
| | |||
|
A TRUE BEACH HOME! Come see this gem in the quiet community of Barnegat Beach, located in Waretown. Totally re-done after Sandy. New laminate & W/W carpet through out. Sitting area has great natural lighting could be used as dining room. Living/family room has new W/W carpet and fireplace that needs a little TLC to make it functional. Small out cove has bench built in for storage. Painted knotty pine gives your family room a nautical feeling. Front bedroom could also be over sized office. Laundry room with both washer/dryer included. Spacious master.Master bath w/ shower stall. New central air unit. Crawl has sump pump controlled from enclosed area next to back patio. Detached garage offers small work area near rear entrance. A block from bay, and park. Around the block from boat club and boat ramp.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Ocean
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Listed by: Cessna Statt
RE/MAX at Barnegat Bay - Forked River
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJOC2037042
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RE/MAX at Barnegat Bay - Forked River
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJOC2037042
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