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Ocean 08731
2327 Holly Road
$226,000
● House - Off Market

2327 Holly Road

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$346,483
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Private 3 BR/2 Bath home of 2000' offers possibilities of a great starter home or bridge before that adult community.  Nice family room off of kitchen with wood burning fireplace.  Attached garage has heat and AC.  Very large Living Room can handle a large gathering.  Stoned property is nearly maintenance free and ramp to rear door makes it wheelchair accessible.  2 sheds in backyard and a screened in porch off of family room.  Rear patio for BBQ's and a large driveway can accommodate multiple cars, truck, and/or boat.  Newer well and 2 year young roof.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$112
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1978

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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 #21818726)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
May 14, 2018 Listed by Gloria Nilson & Co. Real Estate $229,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,500
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000448
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: FA

Geography

  • Assessors Map Reference: TAX MAP 113
  • Account Number: 00165321
  • District: 13
  • Parcel: 13 04030-0000-00009
  • Block: 4030
  • Lot: 9
  • Municipality: LACEY TWP
  • Latitude: 39.8908
  • Longitude: -74.31

    Address

  • Full Address: 2327 Holly Rd
  • Address - House Number: 2327
  • Address - Street Name: Holly
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R013
  • 4-Digit Zip Code: 5722
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $582,949

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 429,217
  • High Value: 519,177
  • Low Value: 339,258

    Market Valuation

  • Market Total Value: $257,600
  • Market Land Value: $103,000
  • Market Improvement Value: $154,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,600
  • Assessed Land Value: $103,000
  • Assessed Improvements Value: $154,600

    Sales

  • Current Sale Contract Date: Jul 18, 2018
  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018075157
  • Previous Sale Recording Date: Jan 03, 1979
  • Previous Sale Contract Date: Jan 03, 1979
  • Previous Sale Amount: $48,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4652 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: Richard E Lombarski, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21818726
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 2327 Holly Road built and last sold?
The property at 2327 Holly Road was built in 1978 and last sold on Jul 18, 2018 for $226,000.
How much is this home worth?
The estimated value of the home located at 2327 Holly Road is $253,631.
What are some comparable homes to 2327 Holly Road?
There are currently no comparable homes to 2327 Holly Road.
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