$285,000
●
House -
Off Market
1503 Clearview Street
Forked River, NJ 08731
2 Beds
1 Bath
$1,901
Est. Monthly
$195
HOA / Fees
8.59%
Cap Rate
About This Property
Pheasant Run of Forked River, the active adult community nestled in
the Barnegat Pines. This home offers 2 spacious bedrooms with a
Bright and Open Layout. Additional features include eat-in kitchen,
vinyl plank flooring, Cedar impression siding, fenced in yard,
paver patio, a 1-car garage adds convenience and extra storage.
Conveniently located within walking distance to all the community
amenities; clubhouse with an in-ground pool and a variety of
amenities designed for an active lifestyle. Low taxes and low
maintenance fee that includes lawn care, snow removal, and much
more Close to shopping, houses of worship, restaurants and access
to parkway plus Route 9. Don't wait make your appointment today!
Unit Size
-
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$282
HOA Dues
$195
Year Built
1986
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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: 12 months ago (MOMLS #22528607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by RE/MAX at Barnegat Bay | $289,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
| Aug 13, 2025 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed | $309,900 | |
| Listed | |||
| | |||
|
Pheasant Run of Forked River, the active adult community nestled in the Barnegat Pines. This home offers 2 spacious bedrooms with a Bright and Open Layout. Additional features include eat-in kitchen, vinyl plank flooring, Cedar impression siding, fenced in yard, paver patio, a 1-car garage adds convenience and extra storage. Conveniently located within walking distance to all the community amenities; clubhouse with an in-ground pool and a variety of amenities designed for an active lifestyle. Low taxes and low maintenance fee that includes lawn care, snow removal, and much more Close to shopping, houses of worship, restaurants and access to parkway plus Route 9. Don't wait make your appointment today!
| |||
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Property Highlights
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Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Ocean
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Listed by: Casey Quinn, RE/MAX at Barnegat Bay
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22528607
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: 12 months ago
Data Source: MOMMLS, MLS# 22528607
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