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Single Family ResidenceResidential
$386,079$485 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $68,000 on Mar 24, 1999

40 KORMAN RD

BAYVILLE, NJ 08721
2
Beds
1
Baths
796 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.59 ac
Lot SizeThe size of the land the home sits on, from county records.
1960
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$386K
$365K low$407K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$68,000 · Mar 24, 1999

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,089 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$196,500 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$124,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$72,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$196,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$196,500

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyOCEAN
Lot (acres)The size of the land the home sits on, from county records.0.59
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asbestos
HeatingThe type of heating system in the home.Baseboard
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Bayville Elementary SchoolB+
Elementary · Grades PK–4 · 0.1 mi
H
Central Regional High SchoolD+
High · Grades 9–12 · 3.0 mi
M
Central Regional Middle SchoolC
Middle · Grades 7–8 · 3.4 mi

District: Central Regional School District

Neighborhood · ZIP 08721These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.68
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.116
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.63

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.22,790
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.966 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,814
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$124,907
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Korman Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 83% of homes in Bayville 08721
  • Costs more per square foot than 93% of homes in Bayville 08721
  • Smaller than 97% of homes in Bayville 08721
  • Has a bigger lot than 94% of homes in Bayville 08721
  • Older than 82% of homes in Ocean County

What homes are worth in Bayville 08721

Each bar is how many homes fall in that price range. The marker is this home.

This home
$282K$1.1M

This home is worth more than 17% of homes in Bayville 08721.

How it measures up in Bayville 08721

The dot is this home. The mark in the middle is the typical home in Bayville 08721.

Estimated value$386,079
CheaperTypical $511,711Pricier

Pricier than 17% of homes nearby

Price per ft²$485
CheaperTypical $306Pricier

Pricier than 93% of homes nearby

Living area796 ft²
SmallerTypical 1,664 ft²Bigger

Bigger than 3% of homes nearby

Lot size0.59 ac
SmallerTypical 0.25 acBigger

Bigger than 94% of homes nearby

Year built1960
OlderTypical 1985Newer

Newer than 20% of homes nearby

How 40 Korman Rd ranks against every home in each area.
MeasureThis homeBayville 08721Ocean County
Estimated valuepricier than$386,07917% of homes22% of homes
Price per ft²pricier than$48593% of homes79% of homes
Living areabigger than796 ft²3% of homes4% of homes
Lot sizebigger than0.59 ac94% of homes92% of homes
Year builtnewer than196020% of homes18% of homes

About 40 Korman Rd

How much is 40 Korman Rd, Bayville, NJ worth?

The TopHap Estimate for 40 Korman Rd, Bayville, NJ is $386,079 as of Aug 30, 2026. The likely range is $365,381 to $406,777. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Korman Rd, Bayville, NJ last sell?

40 Korman Rd, Bayville, NJ last sold on Mar 24, 1999 for $68,000, according to the county's recorded deed.

How big is 40 Korman Rd, Bayville, NJ?

40 Korman Rd, Bayville, NJ has 2 bedrooms, 1 bathrooms, 796 square feet of living space and a 0.59-acre lot.

When was 40 Korman Rd, Bayville, NJ built?

40 Korman Rd, Bayville, NJ was built in 1960, making it 66 years old. It is a ranch home. The building has 1 story.

What schools serve 40 Korman Rd, Bayville, NJ?

40 Korman Rd, Bayville, NJ is assigned to Bayville Elementary School (elementary), rated B+; Central Regional High School (high), rated D+; Central Regional Middle School (middle), rated C. All sit in Central Regional School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Korman Rd, Bayville, NJ compare to other homes in Bayville 08721?

Among the 8,118 homes in Bayville 08721, it is worth more than 17% of them ($386,079 against a typical $511,711), its price per square foot is higher than 93% of them ($485 against a typical $306), it is bigger than 3% of them (796 ft² against a typical 1,664 ft²), its lot is bigger than 94% of them (0.59 ac against a typical 0.25 ac) and it is newer than 20% of them (1960 against a typical 1985). Measured against all of Ocean County, it is worth more than 22% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Korman Rd, Bayville, NJ?

The 2025 property tax bill for 40 Korman Rd, Bayville, NJ was $5,089. The county assessed it at $196,500.

More homes on Korman Rd

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