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Ocean 08731
333 Normandie Drive
$254,000
● House - Off Market

333 Normandie Drive

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,330 Ft²
$305,162
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Fabulous 3 bedroom 2 full bath Ranch! Beautifully maintained and updated kitchen, living room and baths!  This incredible home features hardwood floors thoughout! The inviting Living room has  picture window, recessed lighting and crown moulding! Kitchen offers plenty of cabinets along with a full stainless steel appliance package! Master bedroom with full bath and jacuzzi tub! Oversized laundry room with utility sink with direct entry to garage with garage door opener! The dining room has sliders which lead to an amazingly large fully fence yard which boasts above ground pool, deck, huge patio and 2 sheds! Additional features are: Gas BB heat, , pull down attic stairs, a well for watering ,  ceiling fans, and 4'' base moulding Conveniently 8 minutes to GSP and near Route 9 all shopping!!
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$180
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1970

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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 #22100462)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Jan 7, 2021 Listed by Keller Williams Shore Properties $239,900
Listed by Keller Williams Shore Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9,450
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 32
  • Account Number: 00037659
  • District: 13
  • Parcel: 13 00434-0000-00010
  • Block: 434
  • Lot: 10
  • Municipality: LACEY TWP
  • Latitude: 39.8494
  • Longitude: -74.1776

    Address

  • Full Address: 333 Normandie Dr
  • Address - House Number: 333
  • Address - Street Name: Normandie
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R007
  • 4-Digit Zip Code: 1703
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $438,569

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 371,257
  • High Value: 449,068
  • Low Value: 293,445

    Market Valuation

  • Market Total Value: $193,800
  • Market Land Value: $82,000
  • Market Improvement Value: $111,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,800
  • Assessed Land Value: $82,000
  • Assessed Improvements Value: $111,800

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021038796
  • Previous Sale Recording Date: May 19, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $242,500
  • 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 Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1595 ft²

Average Home Age

29 years

Currently For Sale

4301 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 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 2 Baths
101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan
Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Laura Ianiro, Keller Williams Shore Properties
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22100462
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 333 Normandie Drive built and last sold?
The property at 333 Normandie Drive was built in 1970 and last sold on Feb 23, 2021 for $254,000.
How much is this home worth?
The estimated value of the home located at 333 Normandie Drive is $0.
What are some comparable homes to 333 Normandie Drive?
There are currently no comparable homes to 333 Normandie Drive.
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