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Forked River 08731
479 Admiral Road
$285,000
● House - Off Market

479 Admiral Road

Forked River, NJ 08731
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,230 Ft²
$460,503
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Lovely 4BED/3.5BTH Colonial with lots of room to spread out in this possible mother/daughter setup. This immaculate home has TWO Master bedrooms w/full baths (one on each level), newer wood floors and an updated kitchen with Stainless,  also an Oversized garage, spacious screened in porch and private fenced in backyard with a newer storage shed.  Here's an exceptionally well kept home in excellent condition-

Just move in!
Unit Size
2,230 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1968

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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 #21640079)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Oct 17, 2016 Listed by Pacesetter Realty $285,000
Listed by Pacesetter Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,248
  • Building Area: 2,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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 14
  • Account Number: 00019716
  • District: 13
  • Parcel: 13 00226- 02-00002
  • Block: 226.02
  • Lot: 2
  • Municipality: LACEY TWP
  • Latitude: 39.8277
  • Longitude: -74.1977

    Address

  • Full Address: 479 Admiral Rd
  • Address - House Number: 479
  • Address - Street Name: Admiral
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R010
  • 4-Digit Zip Code: 4832
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,515

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 551,278
  • High Value: 670,432
  • Low Value: 432,123

    Market Valuation

  • Market Total Value: $306,900
  • Market Land Value: $101,500
  • Market Improvement Value: $205,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,900
  • Assessed Land Value: $101,500
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Contract Date: May 30, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017078216
  • Previous Sale Recording Date: Jan 26, 2009
  • Previous Sale Contract Date: Jan 09, 2009
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$499,900

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1797 ft²

Average Home Age

47.2 years

Currently For Sale

33 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 1206 Polaris Court, Forked River, NJ, 08731

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,171 ft²
1206 Polaris Court, Forked River, NJ, 08731 Listing by Francine Chussler

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Charmaine Selvanto, Pacesetter Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21640079
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 479 Admiral Road built and last sold?
The property at 479 Admiral Road was built in 1968 and last sold on May 30, 2017 for $285,000.
How much is this home worth?
The estimated value of the home located at 479 Admiral Road is $0.
What are some comparable homes to 479 Admiral Road?
There are currently no comparable homes to 479 Admiral Road.
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