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Forked River 08731
115 N Main Street
$350,000
● House - Off Market

115 N Main Street

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
928 Ft²
$259,483
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Stylish older home offers you a great location for shopping, bus and all the great things Lacey Twp. has to offer. Easy to own

at this price with 2 bedrooms and an extra extra deep lot. Come take a look. Some restrictions apply.
Unit Size
928 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$213
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (MOMLS #22037108)

Price History

Date / Event Date Event Price
Dec 7, 2020 Sold
Premium
Sold
Oct 13, 2020 Listed by Coldwell Banker Riviera Realty $197,500
Listed by Coldwell Banker Riviera Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 928
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,364
  • Lot Size Depth Feet: 2,970
  • Lot Size Frontage Feet: 450
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 928
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000307
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 6

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732103

Zoning

  • Zoning: C150

Geography

  • Assessors Map Reference: TAX MAP 23
  • Account Number: 00027468
  • District: 13
  • Parcel: 13 00315-0000-00005
  • Block: 315
  • Lot: 5
  • Municipality: LACEY TWP
  • Latitude: 39.8413
  • Longitude: -74.1898

    Address

  • Full Address: 115 N Main St
  • Address - House Number: 115
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R016
  • 4-Digit Zip Code: 3628
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $361,175

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 361,169
  • High Value: 439,471
  • Low Value: 282,866

    Market Valuation

  • Market Total Value: $159,600
  • Market Land Value: $95,900
  • Market Improvement Value: $63,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,600
  • Assessed Land Value: $95,900
  • Assessed Improvements Value: $63,700

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020158155
  • Previous Sale Recording Date: Jan 16, 2009
  • Previous Sale Contract Date: Jan 14, 2009
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 12
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:

$499,900

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1774 ft²

Average Home Age

46.9 years

Currently For Sale

31 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: Jeffrey F Connell, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22037108
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 115 North Main Street built and last sold?
The property at 115 North Main Street was built in 1925 and last sold on Dec 2, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 115 North Main Street is $212,085.
What are some comparable homes to 115 North Main Street?
There are currently no comparable homes to 115 North Main Street.
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