For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Ocean 08731
1226 Lakeside Drive S
$215,000
● House - Off Market

1226 Lakeside Drive S

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$237,337
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Opportunity is knocking in the beautiful  Neighborhood of Lake Barnegat!  With a broad vision and a nice dose of TLC, this once Wonderfully Charming 3 Bedroom/1 Bath Home will come back to life!  Vaulted Ceilings Grace both the Main Living areas of the home with Rustic Exposed Beams in the Bedrooms.  Hardwood Flooring in Living Room.  Open Floor plan with Eat-in-Kitchen, and a Sunroom!  Oversized property for the area!  Great Value with SO much potential for the savvy investor or end-user!  AS-IS Sale.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$208
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1967

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (MOMLS #22221154)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by HomeSmart First Advantage $224,900
Listed by HomeSmart First Advantage

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 3
  • 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: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOT 33,34,35

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732004

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 15
  • Account Number: 00066860
  • District: 13
  • Parcel: 13 01136-0000-00032
  • Block: 1136
  • Lot: 32
  • Municipality: LACEY TWP
  • Latitude: 39.8375
  • Longitude: -74.2006

    Address

  • Full Address: 1226 Lakeside Dr S
  • Address - House Number: 1226
  • Street Segment Direction: S
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R012
  • 4-Digit Zip Code: 4425
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,432

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 322,093
  • High Value: 394,495
  • Low Value: 249,691

    Market Valuation

  • Market Total Value: $165,900
  • Market Land Value: $78,900
  • Market Improvement Value: $87,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,900
  • Assessed Land Value: $78,900
  • Assessed Improvements Value: $87,000

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 122903
  • Previous Sale Recording Date: Jan 19, 2011
  • Previous Sale Contract Date: Aug 07, 2000
  • Previous Sale Amount: $44,000
  • Previous Sale Document Type: 61
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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

74

Average Home Size

1581 ft²

Average Home Age

32.5 years

Currently For Sale

3093 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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rachel Mermelstein, HomeSmart First Advantage
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22221154
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 1226 Lakeside Drive South built and last sold?
The property at 1226 Lakeside Drive South was built in 1967 and last sold on Nov 21, 2022 for $215,000.
How much is this home worth?
The estimated value of the home located at 1226 Lakeside Drive South is $233,436.
What are some comparable homes to 1226 Lakeside Drive South?
There are currently no comparable homes to 1226 Lakeside Drive South.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Ocean Homes for Sale
Ocean Houses for Sale
Ocean Condos for Sale
Ocean Co-Ops for Sale
Ocean Townhouses for Sale
Ocean Multifamily for Sale
Ocean Land for Sale
Ocean Commercial for Sale
Nearby Cities
New York Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Holiday City-Berkeley Homes for Sale
Vineland Homes for Sale
Ocean Acres Homes for Sale
Ocean City Homes for Sale
Nearby Property Records
Ocean County, NJ Property Records
Burlington County, NJ Property Records
Monmouth County, NJ Property Records
Atlantic County, NJ Property Records
Middlesex County, NJ Property Records
Mercer County, NJ Property Records
Camden County, NJ Property Records
Gloucester County, NJ Property Records
Neighborhoods
Upper East Side Real Estate
Upper West Side Real Estate
Midtown East Real Estate
Flushing Real Estate
Harlem Real Estate
Chelsea Real Estate
Riverdale Real Estate
Forest Hills Real Estate
Nearby Counties
Manhattan Homes for Sale
Monmouth Homes for Sale
Queens Homes for Sale
Brooklyn Homes for Sale
Middlesex Homes for Sale
Camden Homes for Sale
Burlington Homes for Sale
Hempstead Homes for Sale
Top Real Estate Agents
Top Agents in Ocean
Top Agents in New York
Top Agents in Manhattan
Top Agents in Monmouth
Top Agents in Queens
Top Agents in Brooklyn
Top Agents in Middlesex
Top Agents in Camden