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Forked River 08731
1006 Inland Road
$325,000
● House - Off Market

1006 Inland Road

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
976 Ft²
$1,596
Est. Monthly

About This Property

Why rent when you can own this move in ready Ranch with two bedrooms and one full bath with a linen closet.  Lots of closets and storage space here.  High ceilings, plenty of counter space. Hot water baseboard heat, laminate floors, fenced in yard.  New skylight and freshly painted for the new owner.  Do not wait! Give yourself a home for Christmas.....
Unit Size
976 Ft²
Days on Market
-
Land Size
-
Price per sqft
$333
Property Type
House
Property Taxes
-
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 #22435358)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Premium
Sold
Dec 23, 2024 In contract -
In contract
Dec 17, 2024 Listed by RE/MAX First Realty $325,000
Listed by RE/MAX First Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 1
  • 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: 4,000
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 976
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 976
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732104

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 8
  • Account Number: 00013100
  • District: 13
  • Parcel: 13 00166-0000-00019
  • Block: 166
  • Lot: 19
  • Municipality: LACEY TWP
  • Latitude: 39.8218
  • Longitude: -74.1783

    Address

  • Full Address: 1006 Inland Rd
  • Address - House Number: 1006
  • Address - Street Name: Inland
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R001
  • 4-Digit Zip Code: 5210
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $280,386

    Market Valuation

  • Market Total Value: $123,900
  • Market Land Value: $54,000
  • Market Improvement Value: $69,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,900
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $69,900

    Sales

  • Current Sale Contract Date: Jun 08, 2005
  • Current Sale Recording Date: Jun 14, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2005105967
  • Previous Sale Recording Date: May 31, 1996
  • Previous Sale Contract Date: May 29, 1996
  • Previous Sale Amount: $84,990
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Forked River

Stats & Trends

Median Asking:

$517,500

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

44 years

Currently For Sale

41 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 115 Parker Avenue, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 680 ft²
115 Parker Avenue, Forked River, NJ, 08731 Listing by Candace Golembeski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Tina Pilot, RE/MAX First Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22435358
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 1006 Inland Road built and last sold?
The property at 1006 Inland Road was built in 1968 and last sold on Jun 8, 2005 for $217,500.
How much is this home worth?
The estimated value of the home located at 1006 Inland Road is $0.
What are some comparable homes to 1006 Inland Road?
There are currently no comparable homes to 1006 Inland Road.
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