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Ocean 08731
2147 Brightwood Drive
$339,900
● House - Off Market

2147 Brightwood Drive

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,406 Ft²
$1,994
Est. Monthly
9.55%
Cap Rate

About This Property

Great price for this spacious ranch nestled in the Barnegat Pines section of Forked River. This charming 3 bedroom home features a bonus den/sunroom, open kitchen, separate laundry room, large attached garage, newer roof and back deck in the expansive yard. Lots of privacy and potential here. Put this home on your list to check out today!
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$235
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1970

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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 #22332660)

Price History

Date / Event Date Event Price
Feb 15, 2024 Sold
Premium
Sold
Nov 28, 2023 Listed by RE/MAX at Barnegat Bay $329,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOTS 23,24,25

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 64
  • Account Number: 00082688
  • District: 13
  • Parcel: 13 01312-0000-00022
  • Block: 1312
  • Lot: 22
  • Municipality: LACEY TWP
  • Latitude: 39.8476
  • Longitude: -74.222

    Address

  • Full Address: 2147 Brightwood Dr
  • Address - House Number: 2147
  • Address - Street Name: Brightwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R004
  • 4-Digit Zip Code: 3851
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,753

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 378,297
  • High Value: 463,333
  • Low Value: 293,261

    Market Valuation

  • Market Total Value: $198,300
  • Market Land Value: $82,000
  • Market Improvement Value: $116,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,300
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $116,300

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 11959
  • Previous Sale Recording Date: Mar 31, 2011
  • Previous Sale Contract Date: Mar 04, 2011
  • Previous Sale Amount: $163,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4265 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: Robert N Lange, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22332660
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 2147 Brightwood Drive built and last sold?
The property at 2147 Brightwood Drive was built in 1970 and last sold on Feb 15, 2024 for $339,900.
How much is this home worth?
The estimated value of the home located at 2147 Brightwood Drive is $0.
What are some comparable homes to 2147 Brightwood Drive?
There are currently no comparable homes to 2147 Brightwood Drive.
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