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Ocean 08731
519 Devon Street
$235,000
● House - Off Market

519 Devon Street

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,272 Ft²
$330,188
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Don't miss out on this great Dave Verge built home with 3 bedrooms, 2 full baths Ranch home with 1,272 sq. ft. of living space an attached oversized garage, Screened porch, Anderson Windows & Slider door, Roof approx.. 10 yrs. & new furnace in 2012 with a/c coil replaced, Nice size Laundry room with Slop sink & more... Just a few blocks from the Lake! Close access to GS Parkway, Shopping, Beaches & more...
Unit Size
1,272 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1994

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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 #21917382)

Price History

Date / Event Date Event Price
Jul 15, 2019 Sold
Premium
Sold
Apr 29, 2019 Listed by Weichert Realtors-Forked River $225,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 17,18,19,20

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732003

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 69
  • Account Number: 00097340
  • District: 13
  • Parcel: 13 01459-0000-00016
  • Block: 1459
  • Lot: 16
  • Municipality: LACEY TWP
  • Latitude: 39.8498
  • Longitude: -74.2038

    Address

  • Full Address: 519 Devon St
  • Address - House Number: 519
  • Address - Street Name: Devon
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R006
  • 4-Digit Zip Code: 2327
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,417

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 379,476
  • High Value: 452,903
  • Low Value: 306,048

    Market Valuation

  • Market Total Value: $195,500
  • Market Land Value: $78,000
  • Market Improvement Value: $117,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,500
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $117,500

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Jul 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019068230
  • Previous Sale Recording Date: Aug 24, 1994
  • Previous Sale Contract Date: Aug 22, 1994
  • Previous Sale Amount: $125,000
  • 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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3033 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 615 Beach Boulevard, FORKED RIVER, NJ, 08731

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,180 ft²
615 Beach Boulevard, FORKED RIVER, NJ, 08731 Listing by Jessica K DiFrancia
Unit for rent at 1004 Cyprus Court, Forked River, NJ, 08731

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 1,558 ft²
1004 Cyprus Court #1004, Forked River, NJ, 08731 Listing by Luis Franceschi

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Theresa M Froumy, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21917382
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 519 Devon Street built and last sold?
The property at 519 Devon Street was built in 1994 and last sold on Jul 3, 2019 for $235,000.
How much is this home worth?
The estimated value of the home located at 519 Devon Street is $0.
What are some comparable homes to 519 Devon Street?
There are currently no comparable homes to 519 Devon Street.
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