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Tuckerton 08087
88 Edgewater Drive
$178,000
● House - Off Market

88 Edgewater Drive

Tuckerton, NJ 08087
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,182 Ft²
$222,684
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Looking for your Happy Place???? Welcome to Paradise Cove !! This affordable fixer-upper sits on a tranquil lagoon among many upscale and renovated homes. Nature surrounds you outside, inside enjoy the cozy gas fireplace, the bones are here to make it your own. Enjoy boating, fishing, crabbing, kayaking, swimming, close to the beaches of LBI and the entertainment of Atlantic City. What are you waiting for?
Unit Size
1,182 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$142
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1965

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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 #22033503)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
Sep 17, 2020 Listed by BHHS Zack Shore REALTORS $168,000
Listed by BHHS Zack Shore REALTORS
Looking for your Happy Place???? Welcome to Paradise Cove !! This affordable fixer-upper sits on a tranquil lagoon among many upscale and renovated homes. Nature surrounds you outside, inside enjoy the cozy gas fireplace, the bones are here to make it your own. Enjoy boating, fishing, crabbing, kayaking, swimming, close to the beaches of LBI and the entertainment of Atlantic City. What are you waiting for?

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 956
  • Building Area: 956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Tuckerton Borough School District
  • Census Tract: 737000

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 33
  • Parcel: 33 00054-0000-00038
  • Block: 54
  • Lot: 38
  • Municipality: TUCKERTON BORO
  • Latitude: 39.6067
  • Longitude: -74.3236

    Address

  • Full Address: 88 Edgewater Dr
  • Address - House Number: 88
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Tuckerton
  • Carrier Code: C015
  • 4-Digit Zip Code: 2808
  • Zip Code: 08087

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $424,041

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 314,984
  • High Value: 381,805
  • Low Value: 248,163

    Market Valuation

  • Market Total Value: $160,500
  • Market Land Value: $68,500
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,500
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020133935
  • Previous Sale Recording Date: Mar 16, 1999
  • Previous Sale Contract Date: Feb 10, 1999
  • Previous Sale Amount: $31,500
  • Previous Sale Document Type: 27
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 Tuckerton

Stats & Trends

Median Asking:

$504,900

Sale Price/ft²

$321

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1612 ft²

Average Home Age

47.8 years

Currently For Sale

30 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 105 Golf View Drive, Little Egg Harbor, NJ, 08087

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,249 ft²
105 Golf View Drive, Little Egg Harbor, NJ, 08087 Listing by Jason Price

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Catriona Sutton, Berkshire Hathaway HomeServices Zack Shore Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22033503
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 88 Edgewater Drive built and last sold?
The property at 88 Edgewater Drive was built in 1965 and last sold on Nov 5, 2020 for $178,000.
How much is this home worth?
The estimated value of the home located at 88 Edgewater Drive is $0.
What are some comparable homes to 88 Edgewater Drive?
There are currently no comparable homes to 88 Edgewater Drive.
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