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Ocean 08731
2113 W Lacey Road
$271,000
● House - Off Market

2113 W Lacey Road

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,898 Ft²
$423,288
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Here's your opportunity to own in sought after Bamber Lakes area. Approx. 1,900 sq. ft.of living space Ranch home with a 2 car garage. Located on .92 Acres. 3 Bedrooms , 2 Full Updated Baths, Living Room with Woodstove, Spacious Vaulted Fam. Rm, Office plus a Den area are perfect for home office.  Updated Kitchen cabinets with tile backsplash, Tile floors, Appl. Pkg includes new Bosch Dishwasher, New Roof in Aug. 2018, New well pump, tank& hot water heater. Central air added approx. 7 yrs., & More... Home sits back off of road with privacy trees!
Unit Size
1,898 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$152
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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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 (MOMLS #21923997)

Price History

Date / Event Date Event Price
Oct 10, 2019 Sold
Premium
Sold
Jun 9, 2019 Listed by Weichert Realtors-Forked River $289,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732001

Zoning

  • Zoning: VR

Geography

  • Assessors Map Reference: TAX MAP 111
  • Account Number: 00164600
  • District: 13
  • Parcel: 13 04000-0000-00002- 01
  • Block: 4000
  • Lot: 2.01
  • Municipality: LACEY TWP
  • Latitude: 39.8868
  • Longitude: -74.2949

    Address

  • Full Address: 2113 Lacey Rd
  • Address - House Number: 2113
  • Address - Street Name: Lacey
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R013
  • 4-Digit Zip Code: 5808
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,643

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 451,595
  • High Value: 544,060
  • Low Value: 359,131

    Market Valuation

  • Market Total Value: $261,000
  • Market Land Value: $111,400
  • Market Improvement Value: $149,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,000
  • Assessed Land Value: $111,400
  • Assessed Improvements Value: $149,600

    Sales

  • Current Sale Contract Date: Oct 09, 2019
  • Current Sale Recording Date: Oct 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019105943
  • Previous Sale Recording Date: Jul 09, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $205,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1586 ft²

Average Home Age

35.2 years

Currently For Sale

3027 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

Rentals Near You

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MOMMLS

Listed by: Theresa M Froumy, Weichert Realtors-Forked River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21923997
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 2113 Lacey Road built and last sold?
The property at 2113 Lacey Road was built in 1975 and last sold on Oct 9, 2019 for $271,000.
How much is this home worth?
The estimated value of the home located at 2113 Lacey Road is $308,140.
What are some comparable homes to 2113 Lacey Road?
There are currently no comparable homes to 2113 Lacey Road.
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