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Ocean 08731
630 Center Street
$320,000
● House - Off Market

630 Center Street

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,420 Ft²
$339,196
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Comfortable and well cared for ranch conveniently located in the center of Town. Large Open floor plan, hardwood floors, warm inviting cinnamon colored cabinets. This home has been thoughtfully expanded. Large  den with plenty of sunshine. Master bdrm with walk-in closet and beautiful master bath. Gas heat, central air, and vinyl siding and full appliance package add to the perks of this charmed home. Fenced in yard partial vinyl), patio, gas grill and garage make this a perfect fit for many different buyers.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$204
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1970

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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 #22113456)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
May 2, 2021 Listed by RE/MAX at Barnegat Bay $289,900
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,420
  • 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: 31,32,33

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 70
  • Account Number: 00102242
  • District: 13
  • Parcel: 13 01492-0000-00030
  • Block: 1492
  • Lot: 30
  • Municipality: LACEY TWP
  • Latitude: 39.854
  • Longitude: -74.205

    Address

  • Full Address: 630 Center St
  • Address - House Number: 630
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R003
  • 4-Digit Zip Code: 2118
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $513,475

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 421,439
  • High Value: 515,604
  • Low Value: 327,274

    Market Valuation

  • Market Total Value: $226,900
  • Market Land Value: $76,000
  • Market Improvement Value: $150,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,900
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $150,900

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 98160
  • Previous Sale Recording Date: Apr 17, 1998
  • Previous Sale Contract Date: Apr 15, 1998
  • Previous Sale Amount: $91,000
  • 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

0.20%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 1020 Inland Road, Forked River, NJ, 08731

$2,150 /mo

  • 2 Beds
  • 1 Bath
1020 Inland Road, Forked River, NJ, 08731 Listing by Jeffrey Lara

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Derek Stephensen, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22113456
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 630 Center Street built and last sold?
The property at 630 Center Street was built in 1970 and last sold on Jun 14, 2021 for $320,000.
How much is this home worth?
The estimated value of the home located at 630 Center Street is $298,117.
What are some comparable homes to 630 Center Street?
There are currently no comparable homes to 630 Center Street.
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