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Forked River 08731
103 Beach Boulevard
$294,900
● House - Off Market

103 Beach Boulevard

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$292,148
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Totally renovated ranch home located in Forked River featuring 2 bedrooms, 1 full bath, living room, eat-in kitchen with a deck and fenced in yard.  Home has new flooring throughout, freshly painted, new kitchen with granite countertops, new bathroom, new doors and new light fixtures just unpack your bags.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$336
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1952

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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 #22306691)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Mar 11, 2023 Listed by Paschon Realty LLC $289,900
Listed by Paschon Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 2
  • 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: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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 4
  • Account Number: 00006593
  • District: 13
  • Parcel: 13 00114-0000-00003
  • Block: 114
  • Lot: 3
  • Municipality: LACEY TWP
  • Latitude: 39.8235
  • Longitude: -74.2007

    Address

  • Full Address: 103 Beach Blvd
  • Address - House Number: 103
  • Address - Street Name: Beach
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R016
  • 4-Digit Zip Code: 5132
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $293,285

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 300,879
  • High Value: 368,512
  • Low Value: 233,246

    Market Valuation

  • Market Total Value: $129,600
  • Market Land Value: $67,500
  • Market Improvement Value: $62,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,600
  • Assessed Land Value: $67,500
  • Assessed Improvements Value: $62,100

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41092
  • Previous Sale Recording Date: Oct 02, 2019
  • Previous Sale Contract Date: Oct 01, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 64
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:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

43.3 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 804 Pensacola Road, Forked River, NJ, 08731

$2,200 /mo

  • 2 Beds
  • 1 Bath
804 Pensacola Road, Forked River, NJ, 08731 Listing by Kaitlyn M Nesbihal

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Noelle Paschon, Paschon Realty LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22306691
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 103 Beach Boulevard built and last sold?
The property at 103 Beach Boulevard was built in 1952 and last sold on Apr 19, 2023 for $294,900.
How much is this home worth?
The estimated value of the home located at 103 Beach Boulevard is $304,240.
What are some comparable homes to 103 Beach Boulevard?
There are currently no comparable homes to 103 Beach Boulevard.
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