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Forked River 08731
0 Harrison Avenue
$55,000
● Land - Off Market

0 Harrison Avenue

Forked River, NJ 08731
bedrooms
Studio
bathrooms
0 Bath
$75,467
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful wooded lot to be sold with all variances to be gotten by the seller at his own cost and expense  Closing to be 120 days from date of contract and deposit,  Buyer to receive: Title to Property, sealed set of plans for 3 bedroom 2 bath ranch with garage and variance in place!!
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$32
HOA Dues
-
Year Built
-

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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 #22134253)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 19, 2021 Listed by Bay Coast Realty $68,500
Listed by Bay Coast Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 430,373
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: MINOR SUBDIVISION PLAN
  • Land Acres: 0000009880
  • Standard Land Use Code: 2000
  • County Land Use Code: 4A

Neighborhood

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

Zoning

  • Zoning: C150

Geography

  • Assessors Map Reference: TAX MAP 22
  • Account Number: 10001969
  • District: 13
  • Parcel: 13 00314- 01-00029- 03
  • Block: 314.01
  • Lot: 29.03
  • Municipality: LACEY TWP
  • Latitude: 39.8479
  • Longitude: -74.1882

    Address

  • Full Address: 244 N Main St
  • Address - House Number: 244
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R016
  • 4-Digit Zip Code: 2741
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,478,724

    Market Valuation

  • Market Total Value: $12,584,500
  • Market Land Value: $2,605,000
  • Market Improvement Value: $9,979,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,584,500
  • Assessed Land Value: $2,605,000
  • Assessed Improvements Value: $9,979,500

    Sales

  • Current Sale Contract Date: Oct 26, 2018
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019004911
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: May 31, 2005
  • Previous Sale Amount: $5,400,000
  • 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 Forked River

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1665 ft²

Average Home Age

44.3 years

Currently For Sale

47 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

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MOMMLS

Listed by: Patricia DeMarco, Bay Coast Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22134253
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 244 North Main Street built and last sold?
The property at 244 North Main Street was built in and last sold on Oct 26, 2018 for $28,000,000.
How much is this home worth?
The estimated value of the home located at 244 North Main Street is $0.
What are some comparable homes to 244 North Main Street?
There are currently no comparable homes to 244 North Main Street.
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