$395,500
●
House -
Off Market
1721 PARKSIDE DRIVE
FORKED RIVER, NJ 08731
2 Beds
1 Bath
1,456 Ft²
$2,284
Est. Monthly
5.94%
Cap Rate
About This Property
This expanded ranch offers endless possibilities on a nearly
quarter-acre lot in a fantastic neighborhood. Features include a
newer roof, water heater, and furnace, along with a wood-burning
fireplace, a finished heated porch, and a double-wide driveway. The
home has gas HWBB heat, two spacious bedrooms with hardwood floors,
double closets, and ceiling fans, and a large dining room off the
kitchen. There's plenty of storage with a partial walkout basement
(high ceilings, cement floors, Bilco door), a pull-down attic, and
a storage shed. Located within walking distance to Deerhead Lake
beach and the newly renovated Huffy Wallis Park, which includes
tennis courts, basketball courts, and a ball field. The fenced
backyard offers privacy and is great for outdoor activities.
Unit Size
1,456 Ft²
Days on Market
90 days
Land Size
-
Price per sqft
$267
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1960
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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: 2 years ago (Bright MLS #NJOC2031838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by Better Homes and Gardens Real Estate Murphy & Co | $389,000 | |
| Listed by Better Homes and Gardens Real Estate Murphy & Co | |||
   | |||
|
Welcome to this charming expanded ranch, perfectly situated on a spacious quarter-acre lot in a sought-after neighborhood! With a newer roof, water heater, and furnace, this home is move-in ready. The inviting wood-burning fireplace creates a cozy ambiance, while the finished heated porch extends your living space year-round. A double-wide driveway provides plenty of off-street parking, and gas hot water baseboard heating ensures efficiency. Inside, you'll find two spacious bedrooms with gleaming hardwood floors, double closets, and ceiling fans, plus a large dining room off the kitchen—ideal for hosting gatherings. Storage won't be an issue, thanks to a partial walkout basement with high ceilings, cement floors, and a Bilco door, as well as a pull-down attic and outdoor storage shed.
| |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed | $392,900 | |
| Listed | |||
| | |||
|
Endless possibilities for this expanded ranch floorplan and lot on almost a quarter acre in a great location and neighborhood. Newer roof, water heater & furnace. Wood burning fireplace, finished heated porch and double wide driveway. Gas HWBB heat. 2 large bedrooms w/hardwood floors, double closets & ceiling fans. Large dining room off kitchen. Lots of storage with the partial walkout basement has high ceilings & cement floors (bilco door entrance), pull down attic and storage shed. Walking distance to the Deerhead Lake beach and newly renovated Huffy Wallis Park with tennis & basketball courts and ball field. The exterior boasts a fenced-in backyard, perfect for privacy and outdoor activities.
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Listed by: Tara Gallagher
Better Homes and Gardens Real Estate Murphy & Co.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJOC2031838
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Better Homes and Gardens Real Estate Murphy & Co.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJOC2031838
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017