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Forked River 08731
119 Jones Road
$326,000
● House - Off Market

119 Jones Road

Forked River, NJ 08731
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,432 Ft²
$482,926
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Need Space & Privacy?Then take a look at this Forked River beauty. Located at the end of the road with many acres of State/Federal land abutting the property. This .67 acre site offers very few neighbors and lots of nature .From the entry foyer, this 4 bedroom 3 bath updated ranch is just the place to call home. Gleaming hardwood floors and ceramic tile accent the spacious 9' ceilings and the sun drenched great room is 22 x 22 with lots of glass to watch nature at its finest.

Several decks for relaxing or entertaining                                                will offer you many opportunities to enjoy the outdoors. The green house will help you let your green thumb shine. Leave the hectic life behind and surround yourself in this nature's paradise and gardeners's dream home. 2 car.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1948

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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: 2 years ago (MOMLS #21920352)

Price History

Date / Event Date Event Price
Sep 26, 2019 Sold
Premium
Sold
May 14, 2019 Listed by Coldwell Banker Riviera Realty $329,500
Listed by Coldwell Banker Riviera Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,200
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 2,432
  • Gross Building Area: 2,432
  • Building Area: 2,432
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000670
  • Standard Land Use Code: 9000
  • County Land Use Code: 15F
  • Legal Description 1: ADDITIONAL LOTS: 82/FACILITY NAME: DISABLED VETERAN

Neighborhood

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

Zoning

  • Zoning: R80

Geography

  • Assessors Map Reference: TAX MAP 19
  • Account Number: 00026721
  • District: 13
  • Parcel: 13 00285-0000-00081
  • Block: 285
  • Lot: 81
  • Municipality: LACEY TWP
  • Latitude: 39.8365
  • Longitude: -74.1841

    Address

  • Full Address: 119 Jones Rd
  • Address - House Number: 119
  • Address - Street Name: Jones
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R016
  • 4-Digit Zip Code: 3608
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $345,800
  • Market Land Value: $129,500
  • Market Improvement Value: $216,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,800
  • Assessed Land Value: $129,500
  • Assessed Improvements Value: $216,300

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019097525
  • Previous Sale Recording Date: Mar 23, 1987
  • Previous Sale Contract Date: Mar 23, 1987
  • Previous Sale Amount: $68,500
  • Previous Sale Document Type: 27
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 1206 Polaris Court, Forked River, NJ, 08731

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,171 ft²
1206 Polaris Court, Forked River, NJ, 08731 Listing by Francine Chussler
Unit for rent at 101 Clearwater Drive, Forked River, NJ, 08731

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,622 ft²
101 Clearwater Drive, Forked River, NJ, 08731 Listing by Brooke OMahony

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jeffrey F Connell, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21920352
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 119 Jones Road built and last sold?
The property at 119 Jones Road was built in 1948 and last sold on Sep 27, 2019 for $326,000.
How much is this home worth?
The estimated value of the home located at 119 Jones Road is $357,931.
What are some comparable homes to 119 Jones Road?
There are currently no comparable homes to 119 Jones Road.
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