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Ocean 08731
427 Steuben Avenue
$450,000
● House - Off Market

427 Steuben Avenue

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,496 Ft²
$439,375
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Desirable Cranberry Hill Rancher. Come take a look at this lovely renovated- 3 bedroom, 2 bath home. Featuring a Newer light and bright kitchen, Baths, Flooring, and Paint. Large center island in the kitchen, perfect for gatherings.  This comfortable and clean home is ready to move right in . Family room with gas fireplace and screened in porch. Convenient -Fenced in yard, garage and oversized driveway.

Nothing to do inside this beauty. Hurry so you can make 427 Steuben your new ''home sweet home''~
Unit Size
1,496 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$281
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1972

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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 #22225518)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Aug 11, 2022 Listed by RE/MAX at Barnegat Bay - Forked River $419,900
Listed by RE/MAX at Barnegat Bay - Forked River
Desirable Cranberry Hill Rancher. Come take a look at this lovely renovated- 3 bedroom, 2 bath home. Featuring a Newer light and bright kitchen, Baths, Flooring, and Paint. Large center island in the kitchen, perfect for gatherings. This comfortable and clean home is ready to move right in . Family room with gas fireplace and screened in porch. Convenient -Fenced in yard, garage and oversized driveway. Nothing to do inside this beauty. Hurry so you can make 427 Steuben your new ''home sweet home''

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,921
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732001

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 30.1
  • Account Number: 00116762
  • District: 13
  • Parcel: 13 01631- 07-00007
  • Block: 1631.07
  • Lot: 7
  • Municipality: LACEY TWP
  • Latitude: 39.8554
  • Longitude: -74.1942

    Address

  • Full Address: 427 Steuben Ave
  • Address - House Number: 427
  • Address - Street Name: Steuben
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R008
  • 4-Digit Zip Code: 1637
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $576,386

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 466,623
  • High Value: 567,480
  • Low Value: 365,766

    Market Valuation

  • Market Total Value: $254,700
  • Market Land Value: $109,000
  • Market Improvement Value: $145,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,700
  • Assessed Land Value: $109,000
  • Assessed Improvements Value: $145,700

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 111566
  • Previous Sale Recording Date: Dec 23, 2019
  • Previous Sale Contract Date: Dec 17, 2019
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 12
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

1597 ft²

Average Home Age

29 years

Currently For Sale

4344 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: Nicole Sabarese, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22225518
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 427 Steuben Avenue built and last sold?
The property at 427 Steuben Avenue was built in 1972 and last sold on Oct 11, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 427 Steuben Avenue is $0.
What are some comparable homes to 427 Steuben Avenue?
There are currently no comparable homes to 427 Steuben Avenue.
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