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Toms River 08753
9 Ray Drive
$250,000
● House - Off Market

9 Ray Drive

Toms River, NJ 08753
bedrooms
4 Beds
bathrooms
2 Baths
$337,814
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Bring your imagination and your paint brush to see this large 4 bedroom 2 bath split level home a short distance from the Courthouse.

Also has a large e family room, basement fenced yard with in-ground pool.  mail level bedroom and more.  

 Make this your dream home
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1954

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22012186)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Jul 23, 2020 Listed by ERA Byrne Realty- PtPl $249,900
Listed by ERA Byrne Realty- PtPl
Bring your imagination and your paint brush to see this large 4 bedroom 2 bath split level home a short distance from the Courthouse. Also has a large e family room, basement fenced yard with in-ground pool. mail level bedroom and more. Make this your dream home

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 480
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 723100

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 75
  • District: 08
  • Parcel: 08 00654- 02-00017
  • Block: 654.02
  • Lot: 17
  • Municipality: DOVER TWP
  • Latitude: 39.9586
  • Longitude: -74.1924

    Address

  • Full Address: 9 Ray Dr
  • Address - House Number: 9
  • Address - Street Name: Ray
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Toms River
  • Carrier Code: C002
  • 4-Digit Zip Code: 7619
  • Zip Code: 08753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $623,205
  • Initial Tax Delinquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 538,183
  • High Value: 642,319
  • Low Value: 434,047

    Market Valuation

  • Market Total Value: $373,400
  • Market Land Value: $117,000
  • Market Improvement Value: $256,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,400
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $256,400

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020117851
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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1719 ft²

Average Home Age

46 years

Currently For Sale

363 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

Rentals Near You

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MOMMLS

Listed by: Catherine M Ericksen, ERA/ Byrne Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22012186
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 Ray Drive built and last sold?
The property at 9 Ray Drive was built in 1954 and last sold on Sep 16, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 9 Ray Drive is $0.
What are some comparable homes to 9 Ray Drive?
There are currently no comparable homes to 9 Ray Drive.
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