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Ocean 08731
315 Briggs Avenue
$180,000
● House - Off Market

315 Briggs Avenue

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,182 Ft²
$371,526
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Nestled in the Pines area of Forked River, this home offer 3 bedrooms, 1.5 baths, large eat in kitchen laundry room and living room. Sliding glass door off the kitchen leads to an oversized deck and backyard with great shade trees. Just minutes from the Garden State Pkwy and walking or biking distance to lake, park or new bike trail. Come and visit, very cute.
Unit Size
1,182 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1986

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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 #21422056)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
Jun 2, 2014 Listed by Coldwell Banker Riviera Realty $200,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,182
  • 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 15,16,17

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732003

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 68
  • Account Number: 00094059
  • District: 13
  • Parcel: 13 01434-0000-00014
  • Block: 1434
  • Lot: 14
  • Municipality: LACEY TWP
  • Latitude: 39.8465
  • Longitude: -74.1996

    Address

  • Full Address: 315 Briggs Ave
  • Address - House Number: 315
  • Address - Street Name: Briggs
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R008
  • 4-Digit Zip Code: 2527
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,787

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 367,342
  • High Value: 448,543
  • Low Value: 286,141

    Market Valuation

  • Market Total Value: $185,500
  • Market Land Value: $77,000
  • Market Improvement Value: $108,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,500
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $108,500

    Sales

  • Current Sale Contract Date: Aug 15, 2014
  • Current Sale Recording Date: Aug 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014072972
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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1586 ft²

Average Home Age

35.2 years

Currently For Sale

3027 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 615 Beach Boulevard, FORKED RIVER, NJ, 08731

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,180 ft²
615 Beach Boulevard, FORKED RIVER, NJ, 08731 Listing by Jessica K DiFrancia
Unit for rent at 1004 Cyprus Court, Forked River, NJ, 08731

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
1004 Cyprus Court #1004, Forked River, NJ, 08731 Listing by Luis Franceschi

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Karen Vilardi, Coldwell Banker Riviera Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21422056
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 315 Briggs Avenue built and last sold?
The property at 315 Briggs Avenue was built in 1986 and last sold on Aug 15, 2014 for $180,000.
How much is this home worth?
The estimated value of the home located at 315 Briggs Avenue is $211,108.
What are some comparable homes to 315 Briggs Avenue?
There are currently no comparable homes to 315 Briggs Avenue.
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