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Ocean 08731
235 Oak Lane
$170,000
● House - Off Market

235 Oak Lane

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,044 Ft²
$319,503
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Cute Ranch in Sunrise Beach! Quiet street close to Rt .9 and shopping. Home offers new carpet, doors, tile flooring, new appliances, deck and a fresh coat of paint! Move right in!
Unit Size
1,044 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21637685)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Sep 28, 2016 Listed by Pacesetter Realty $189,900
Listed by Pacesetter Realty
Cute Ranch in Sunrise Beach! Quiet street close to Rt .9 and shopping. Home offers new carpet, doors, tile flooring, new appliances, deck and a fresh coat of paint! Move right in!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 2
  • 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: 8
  • 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: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 40,41

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R75B

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: 184070
  • District: 13
  • Parcel: 13 00322-0000-00039
  • Block: 322
  • Lot: 39
  • Municipality: LACEY TWP
  • Latitude: 39.8454
  • Longitude: -74.1846

    Address

  • Full Address: 235 Oak Ln
  • Address - House Number: 235
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R014
  • 4-Digit Zip Code: 2701
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,417

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 362,588
  • High Value: 444,092
  • Low Value: 281,083

    Market Valuation

  • Market Total Value: $195,500
  • Market Land Value: $97,000
  • Market Improvement Value: $98,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,500
  • Assessed Land Value: $97,000
  • Assessed Improvements Value: $98,500

    Sales

  • Current Sale Contract Date: Dec 10, 2016
  • Current Sale Recording Date: Jan 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017002594
  • Previous Sale Recording Date: Oct 10, 2002
  • Previous Sale Contract Date: Oct 10, 2002
  • Previous Sale Amount: $160,000
  • 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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1591 ft²

Average Home Age

24.6 years

Currently For Sale

4249 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: Joseph DeYonker, Pacesetter Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21637685
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 235 Oak Lane built and last sold?
The property at 235 Oak Lane was built in 1987 and last sold on Dec 10, 2016 for $170,000.
How much is this home worth?
The estimated value of the home located at 235 Oak Lane is $0.
What are some comparable homes to 235 Oak Lane?
There are currently no comparable homes to 235 Oak Lane.
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