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Ocean 08731
530 Devon Street
$275,000
● House - Off Market

530 Devon Street

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,131 Ft²
$289,807
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Charming ranch. Close to parkway and lakes on a nice quiet street. Two generous size bedrooms and updated full bath. Fresh kitchen with stainless steel appliances. Enjoy the serene screened porch with views of the backyard. Vinyl fencing. plenty of storage Come make this house your home.
Unit Size
1,131 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$230
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1975

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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: 3 years ago (MOMLS #22133767)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by RE/MAX at Barnegat Bay $259,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,131
  • Building Area: 1,131
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,131
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 30,31,32

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 69
  • Account Number: 00099025
  • District: 13
  • Parcel: 13 01469-0000-00029
  • Block: 1469
  • Lot: 29
  • Municipality: LACEY TWP
  • Latitude: 39.8511
  • Longitude: -74.2039

    Address

  • Full Address: 530 Devon St
  • Address - House Number: 530
  • Address - Street Name: Devon
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R006
  • 4-Digit Zip Code: 2328
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $391,046

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 71
  • Final Value: 333,273
  • High Value: 403,543
  • Low Value: 263,004

    Market Valuation

  • Market Total Value: $172,800
  • Market Land Value: $76,000
  • Market Improvement Value: $96,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,800
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $96,800

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 172678
  • Previous Sale Recording Date: Jul 27, 2020
  • Previous Sale Contract Date: Jul 21, 2020
  • Previous Sale Amount: $205,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1593 ft²

Average Home Age

29 years

Currently For Sale

4305 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 429 Tappan Street, Forked River, NJ, 08731

$2,200 /mo

  • 2 Beds
  • 1 Bath
429 Tappan Street, Forked River, NJ, 08731 Listing by Mary Albanese
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: Nicole Sabarese, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22133767
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 530 Devon Street built and last sold?
The property at 530 Devon Street was built in 1975 and last sold on Nov 29, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 530 Devon Street is $0.
What are some comparable homes to 530 Devon Street?
There are currently no comparable homes to 530 Devon Street.
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