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Toms River 08755
2451 Forest Circle
$460,000
● House - Off Market

2451 Forest Circle

Toms River, NJ 08755
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$767,504
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Beautiful North Dover home located in Walden Woods.  New furnace, air conditioning unit, and hot water heater with energy efficient insulation throughout the home.  Recently painted and carpeted. Large two story foyer.  Beautiful hardwood floors.  Open floor plan with crown molding in Family Room.  Eat-in kitchen with granite counter tops.  Master suite has walk-in closet and extra second closet.  Large master bath with double sinks, soaking tub and separate shower.  Full-finished basement with gas fireplace with separate office and separate storage area.  Large backyard with multi-level deck to stamped concrete patio around the heated in ground pool with new safety cover. Sprinkler system on separate well. Absolutely nothing to do but move in!
Unit Size
-
Days on Market
187 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$722
HOA Dues
$15
Year Built
2000

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: 2 years ago (MOMLS #21642152)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Nov 5, 2016 Listed by Gloria Nilson & Co. Real Estate $474,999
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,190
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Toms River Regional School District
  • Census Tract: 722001

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: TAX MAP 6.02
  • District: 08
  • Parcel: 08 00061- 04-00002
  • Block: 61.04
  • Lot: 2
  • Municipality: DOVER TWP
  • Latitude: 40.046
  • Longitude: -74.2461

    Address

  • Full Address: 2451 Forest Cir
  • Address - House Number: 2451
  • Address - Street Name: Forest
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Toms River
  • Carrier Code: R017
  • 4-Digit Zip Code: 0981
  • Zip Code: 08755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,022,151

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 735,993
  • High Value: 889,947
  • Low Value: 582,038

    Market Valuation

  • Market Total Value: $612,800
  • Market Land Value: $224,000
  • Market Improvement Value: $388,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,800
  • Assessed Land Value: $224,000
  • Assessed Improvements Value: $388,800

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017050987
  • Previous Sale Recording Date: Apr 26, 2017
  • Previous Sale Contract Date: Mar 17, 2015
  • Previous Sale Amount: $460,000
  • 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 Toms River

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1721 ft²

Average Home Age

45.9 years

Currently For Sale

363 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

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MOMMLS

Listed by: Phyllis Bronzino, Gloria Nilson & Co. Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21642152
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 2451 Forest Circle built and last sold?
The property at 2451 Forest Circle was built in 2000 and last sold on May 11, 2017 for $460,000.
How much is this home worth?
The estimated value of the home located at 2451 Forest Circle is $0.
What are some comparable homes to 2451 Forest Circle?
There are currently no comparable homes to 2451 Forest Circle.
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