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Ocean 08731
808 Tiller Drive
$525,000
● House - Off Market

808 Tiller Drive

Forked River, NJ 08731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$768,476
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

SUNRISE BEACH WATERFRONT!! Must see! Immaculate 4 bedrooms 2 1/2 bath completely updated home on the water with 77 ft. bulkhead. A boater and fisherman's paradise, turnkey home with easy access to ocean, deep water lagoon. Open floor plan with bamboo floors and tile throughout. 4 large bedrooms with master bath and walk in closet. Second full bath upstairs. Magnificent outside shower and hot tub to relax after finishing your boating adventures. Updated kitchen with granite counter tops and stainless steel appliances. Two car heated garage. New HVAC and all rooms freshly painted to start your summer at the Jersey Shore.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$804
HOA Dues
$4
Year Built
2000

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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 #21926547)

Price History

Date / Event Date Event Price
Nov 22, 2019 Sold
Premium
Sold
Jun 26, 2019 Listed by VRI Homes $524,999
Listed by VRI Homes

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,205
  • Building Area: 2,205
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,205
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732103

Zoning

  • Zoning: R75A

Geography

  • Assessors Map Reference: TAX MAP 28
  • Account Number: 00033558
  • District: 13
  • Parcel: 13 00367-0000-00009
  • Block: 367
  • Lot: 9
  • Municipality: LACEY TWP
  • Latitude: 39.8403
  • Longitude: -74.1577

    Address

  • Full Address: 808 Tiller Dr
  • Address - House Number: 808
  • Address - Street Name: Tiller
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R002
  • 4-Digit Zip Code: 3013
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,043,469

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 789,422
  • High Value: 956,004
  • Low Value: 622,841

    Market Valuation

  • Market Total Value: $461,100
  • Market Land Value: $211,300
  • Market Improvement Value: $249,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,100
  • Assessed Land Value: $211,300
  • Assessed Improvements Value: $249,800

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019120774
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Jul 25, 2008
  • Previous Sale Amount: $575,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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: Mary Etta Gregory, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21926547
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 808 Tiller Drive built and last sold?
The property at 808 Tiller Drive was built in 2000 and last sold on Nov 20, 2019 for $525,000.
How much is this home worth?
The estimated value of the home located at 808 Tiller Drive is $0.
What are some comparable homes to 808 Tiller Drive?
There are currently no comparable homes to 808 Tiller Drive.
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