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Pine Beach 08741
901 Lincoln Avenue
$685,000
● House - Off Market

901 Lincoln Avenue

Pine Beach, NJ 08741
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$643,524
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Craftsman style beauty 1 block to waterfront in quaint community of Pine Beach. Abundance of charm found throughout from enclosed porch w/slate floor, wainscotting ceil & natural lighting to inviting LR w/hrdwd flrs, beamed ceils, knotty pine walls & wood burn fp! Scenic water views from kitchen-dining-living room & porch! Kitchen features white shaker cabs, granite cntrtps, cntr island,serving cntr, SS appl & hrdwd flrs. Dine rm w/hrdwd flrs,base trim, french & sliding dr to access side yards. HUGE 2nd lvl family rm w/endless possibilities! Gorgeous full bath, ovszd shower,glass dr,granite sink top &chrome finishes. Mstr bdrm w/triple clsts w/1 to access stand up attic. Blt-in wine nook in bsmt. Flowering trees/plantings, paver walks, trex/stamped concrete deck/patio & fenced yard.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$239
Property Type
House
Property Taxes
$594
HOA Dues
-
Year Built
1941

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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 #22113871)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
May 5, 2021 Listed by RE/MAX New Beginnings Realty-Toms River $550,000
Listed by RE/MAX New Beginnings Realty-Toms River

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L3

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 730000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 23
  • Parcel: 23 00011-0000-00001
  • Block: 11
  • Lot: 1
  • Municipality: PINE BEACH BORO
  • Latitude: 39.9367
  • Longitude: -74.1609

    Address

  • Full Address: 901 Lincoln Ave
  • Address - House Number: 901
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Pine Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1317
  • Zip Code: 08741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $744,444

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 642,932
  • High Value: 777,936
  • Low Value: 507,928

    Market Valuation

  • Market Total Value: $407,400
  • Market Land Value: $146,000
  • Market Improvement Value: $261,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,400
  • Assessed Land Value: $146,000
  • Assessed Improvements Value: $261,400

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 98945
  • Previous Sale Recording Date: Aug 21, 2009
  • Previous Sale Contract Date: Jul 16, 2009
  • Previous Sale Amount: $290,000
  • 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 Pine Beach

Stats & Trends

Median Asking:

$589,000

Sale Price/ft²

$349

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1253 ft²

Average Home Age

93 years

Currently For Sale

3 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 90 Spinnaker Court, Bayville, NJ, 08721

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,285 ft²
90 Spinnaker Court, Bayville, NJ, 08721 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lorraine F Petersen, RE/MAX New Beginnings Realty-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22113871
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 901 Lincoln Avenue built and last sold?
The property at 901 Lincoln Avenue was built in 1941 and last sold on Jun 11, 2021 for $685,000.
How much is this home worth?
The estimated value of the home located at 901 Lincoln Avenue is $559,747.
What are some comparable homes to 901 Lincoln Avenue?
There are currently no comparable homes to 901 Lincoln Avenue.
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