$520,000
●
House -
Off Market
103 Sea Bright Road
Forked River, NJ 08731
3 Beds
2 Baths,
1
Half Bath
1,886 Ft²
$3,114
Est. Monthly
About This Property
Beautifully updated 3-bedroom/2.5-bath Colonial at an Unbelievable
Price! Blocks to the Bay in Forked River, Coastal Home perfect for
family living! Move in Ready, featuring all-new flooring throughout
and a brand-new kitchen with quartz countertops and a full
stainless steel appliance package. Plus Bathrooms have been
tastefully renovated with modern finishes. Enjoy a spacious
wrap-around deck overlooking a large backyard-ideal for
entertaining, play, or relaxation. Additional upgrades include a
brand new HVAC system. Conveniently located near parks, schools,
and shopping. Boaters Dream Location, Next to Barnegat Bay &
Marinas! Don't miss this opportunity to make it yours! Can Close
Quickly!!
Unit Size
1,886 Ft²
Days on Market
49 days
Land Size
0.28 acres
Price per sqft
$273
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
2007
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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: 11 months ago (MOMLS #22531499)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by Jersey Property Group Realty | $515,000 | |
| Listed by Jersey Property Group Realty | |||
| Sep 11, 2025 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Beautifully updated 3-bedroom/2.5-bath Colonial at an Unbelievable Price! Blocks to the Bay in Forked River, Coastal Home perfect for family living! Move in Ready, featuring all-new flooring throughout and a brand-new kitchen with quartz countertops and a full stainless steel appliance package. Plus Bathrooms have been tastefully renovated with modern finishes. Enjoy a spacious wrap-around deck overlooking a large backyard—ideal for entertaining, play, or relaxation. Additional upgrades include a brand new HVAC system. Conveniently located near parks, schools, and shopping. Boaters Dream Location, Next to Barnegat Bay & Marinas! Don't miss this opportunity to make it yours! Can Close Quickly!!
| |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Forked River
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Listed by: Gary Mawson, Jersey Property Group Realty
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22531499
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.
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22531499
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