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Ocean 08005
9 Bridge Road
$385,000
● House - Off Market

9 Bridge Road

Barnegat, NJ 08005
bedrooms
3 Beds
bathrooms
1 Bath
square feet
696 Ft²
$2,439
Est. Monthly
7.57%
Cap Rate

About This Property

SHIP AHOY!!  Looking for that sweet spot on the water with direct access to Barnegat Bay? Well look no further. Go check out this 3 bed, 1 bath custom built home with newer heating system and updated electric. Home is generally in good condition but needs cosmetic updates. Rehab or build new. Public sewer and well water. Gas cooking and hot water. Sold fully furnished if buyer prefers. Boat is also conveyed in sale although it has been on the water for some time. Being sold as is- where is. Come take a look and fall in love!
Unit Size
696 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$573
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1968

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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 #22501517)

Price History

Date / Event Date Event Price
Mar 17, 2025 Sold
Premium
Sold
Jan 30, 2025 In contract -
In contract
Jan 16, 2025 Listed by RE/MAX Gateway $399,000
Listed by RE/MAX Gateway

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 150
  • 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: 6,970
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734002

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: TAX MAP 128
  • District: 01
  • Parcel: 01 00206-0000-00030
  • Block: 206
  • Lot: 30
  • Municipality: BARNEGAT TWP
  • Latitude: 39.748
  • Longitude: -74.2003

    Address

  • Full Address: 9 Bridge Rd
  • Address - House Number: 9
  • Address - Street Name: Bridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R009
  • 4-Digit Zip Code: 2430
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,244

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 390,038
  • High Value: 449,745
  • Low Value: 330,331

    Market Valuation

  • Market Total Value: $193,200
  • Market Land Value: $144,500
  • Market Improvement Value: $48,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,200
  • Assessed Land Value: $144,500
  • Assessed Improvements Value: $48,700
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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$305

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.2 years

Currently For Sale

3003 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 27 Forest Park Drive, WARETOWN, NJ, 08758

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,925 ft²
27 Forest Park Drive, WARETOWN, NJ, 08758 Listing by Judy A Smith
Unit for rent at 401 Bay Shore Drive, Barnegat, NJ, 08005

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,728 ft²
401 Bay Shore Drive #2A, Barnegat, NJ, 08005 Listing by Olivia Coppola

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Robert M Roccia, RE/MAX Gateway
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22501517
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 9 Bridge Road built and last sold?
The property at 9 Bridge Road was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Bridge Road is $0.
What are some comparable homes to 9 Bridge Road?
There are currently no comparable homes to 9 Bridge Road.
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