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Forked River 08731
212 Station Drive
$200,000
● House - Off Market

212 Station Drive

Forked River, NJ 08731
bedrooms
1 Bed
bathrooms
1 Bath
$228,774
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Cute little cottage at the Jersey Shore! Close to shopping and the lakes! Hardwood floors throughout. Updated bathroom with stunning walk-in shower. Fenced in backyard with patio. Perfect place to relax and enjoy the outdoors! Laundry is located in the Yankee basement. Don't miss your opportunity to see this property!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Payment Calculator

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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: 3 years ago (MOMLS #22117917)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jun 5, 2021 Listed by Weichert Realtors-Forked River $199,900
Listed by Weichert Realtors-Forked River

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 1
  • 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: 252
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,748
  • Lot Size Frontage Feet: 350
  • Total Building Area: 675
  • Building Area: 675
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 675
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000063
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732003

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 68
  • Account Number: 00091027
  • District: 13
  • Parcel: 13 01407-0000-00007
  • Block: 1407
  • Lot: 7
  • Municipality: LACEY TWP
  • Latitude: 39.8418
  • Longitude: -74.197

    Address

  • Full Address: 212 Station Dr
  • Address - House Number: 212
  • Address - Street Name: Station
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R006
  • 4-Digit Zip Code: 3537
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $226,979

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 227,075
  • High Value: 274,667
  • Low Value: 179,482

    Market Valuation

  • Market Total Value: $100,300
  • Market Land Value: $44,200
  • Market Improvement Value: $56,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,300
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $56,100

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021124859
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Contract Date: Feb 07, 2007
  • Previous Sale Amount: $163,400
  • Previous Sale Document Type: 12
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:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

43.3 years

Currently For Sale

41 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 115 Parker Avenue, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 680 ft²
115 Parker Avenue, Forked River, NJ, 08731 Listing by Candace Golembeski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jaime Pluta, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22117917
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 212 Station Drive built and last sold?
The property at 212 Station Drive was built in 1930 and last sold on Aug 9, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 212 Station Drive is $0.
What are some comparable homes to 212 Station Drive?
There are currently no comparable homes to 212 Station Drive.
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