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Ocean 08731
336 Constitution Drive
$177,000
● House - Off Market

336 Constitution Drive

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
850 Ft²
$323,439
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Why Rent? Set on a 75x120 lot, this 2 bedroom, 1.5 bath ranch is a great starter home! Features include a large living room with wood floor & decorative trim, eat-in kitchen with ceramic tile floor & sliding door to deck and large fenced rear yard with shed and paver patio, a heated converted oversized garage that can be easily converted back if desired, gas HWBB heat, AC units, renovated baths, ceiling fan in every room, laundry room & a 5+ car paved driveway.
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1971

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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: 2 years ago (MOMLS #21436704)

Price History

Date / Event Date Event Price
Feb 20, 2015 Sold
Premium
Sold
Sep 8, 2014 Listed by Coldwell Banker Riviera Realty, Inc. $174,999
Listed by Coldwell Banker Riviera Realty, Inc.
Why Rent? Set on a 75x120 lot, this 2 bedroom, 1.5 bath ranch is a great starter home! Features include a large living room with wood floor & decorative trim, eat-in kitchen with ceramic tile floor & sliding door to deck and large fenced rear yard with shed and paver patio, a heated converted oversized garage that can be easily converted back if desired, gas HWBB heat, AC units, renovated baths, ceiling fan in every room, laundry room & a 5+ car paved driveway.,Converted Garage

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 2
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 930
  • Building Area: 930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 930
  • 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

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 32
  • Account Number: 00036425
  • District: 13
  • Parcel: 13 00424-0000-00005
  • Block: 424
  • Lot: 5
  • Municipality: LACEY TWP
  • Latitude: 39.8511
  • Longitude: -74.1812

    Address

  • Full Address: 336 Constitution Dr
  • Address - House Number: 336
  • Address - Street Name: Constitution
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R007
  • 4-Digit Zip Code: 1728
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $376,790

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 341,270
  • High Value: 417,983
  • Low Value: 264,558

    Market Valuation

  • Market Total Value: $166,500
  • Market Land Value: $80,000
  • Market Improvement Value: $86,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,500
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $86,500

    Sales

  • Current Sale Contract Date: Feb 20, 2015
  • Current Sale Recording Date: Feb 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015018099
  • Previous Sale Recording Date: Nov 22, 2002
  • Previous Sale Contract Date: Nov 15, 2002
  • Previous Sale Amount: $155,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1582 ft²

Average Home Age

32.4 years

Currently For Sale

3014 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 115 Parker Avenue, Forked River, NJ, 08731

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 680 ft²
115 Parker Avenue, Forked River, NJ, 08731 Listing by Candace Golembeski

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Janet H Levy, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21436704
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 336 Constitution Drive built and last sold?
The property at 336 Constitution Drive was built in 1971 and last sold on Feb 20, 2015 for $177,000.
How much is this home worth?
The estimated value of the home located at 336 Constitution Drive is $0.
What are some comparable homes to 336 Constitution Drive?
There are currently no comparable homes to 336 Constitution Drive.
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