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Forked River 08731
318 Nantucket Road
$389,900
● House - Off Market

318 Nantucket Road

Forked River, NJ 08731
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2 Ft²
$398,901
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome Home your search is over! This beautiful 4-bedroom 2 bath is located near parks and mins from water views. 1st floor offers Living room, Family room and eat-in kitchen all with tile floors with a wood look. Kitchen has over sized pantry. Master bedroom and along with 2 bedrooms on the 1st floor have wall to wall carpet. Large  4th bedroom with walk in closet with wall to wall carpet. Front bathroom with NEW vinyl plank flooring with large linen closet. Master bath has tile flooring. French doors into family room. This is a must see
Unit Size
2 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$216,611
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1960

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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: 3 years ago (MOMLS #22213188)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
May 3, 2022 Listed by C21/ Action Plus Realty $389,900
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732104

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 5
  • Account Number: 00007531
  • District: 13
  • Parcel: 13 00121-0000-00058
  • Block: 121
  • Lot: 58
  • Municipality: LACEY TWP
  • Latitude: 39.8235
  • Longitude: -74.1944

    Address

  • Full Address: 318 Nantucket Rd
  • Address - House Number: 318
  • Address - Street Name: Nantucket
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R016
  • 4-Digit Zip Code: 5104
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475,230

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 447,927
  • High Value: 548,615
  • Low Value: 347,240

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $71,000
  • Market Improvement Value: $139,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $71,000
  • Assessed Improvements Value: $139,000

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 83112
  • Previous Sale Recording Date: Feb 01, 2005
  • Previous Sale Contract Date: Jan 19, 2005
  • Previous Sale Amount: $240,000
  • 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:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

43.3 years

Currently For Sale

41 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 101 Clearwater Drive, Forked River, NJ, 08731

$3,950 /mo

  • 4 Beds
  • 3 Baths
101 Clearwater Drive, Forked River, NJ, 08731 Listing by Brooke OMahony

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christine Bogurski, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22213188
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 318 Nantucket Road built and last sold?
The property at 318 Nantucket Road was built in 1960 and last sold on Jun 30, 2022 for $389,900.
How much is this home worth?
The estimated value of the home located at 318 Nantucket Road is $374,139.
What are some comparable homes to 318 Nantucket Road?
There are currently no comparable homes to 318 Nantucket Road.
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