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Ocean 08731
822 Ensign Drive
$470,000
● House - Off Market

822 Ensign Drive

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,811 Ft²
$877,827
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Don't miss out on this impeccably maintained waterfront Ranch in the Sanctuary.  Just steps to the bay, this property is situated at the end of a quiet cul-de-sac street with a beautiful waterfront view.  The interior offers 3 bedrooms, 2 baths, 2 car garage, brick fireplace in the living room, hardwood floors in the living room and dining room, newly painted, security system, and new furnace. The exterior is beautifully maintained with new trex decking, an electric awning and new bulkhead.  This home is part of the Sunrise Beach Association which gives you access to the boat ramp and Pavilion. Great neighborhood, schools and close to all shopping and transportation. A true gem that will not last!!
Unit Size
1,811 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$276
Property Type
House
Property Taxes
$768
HOA Dues
$3
Year Built
1996

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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 #21600058)

Price History

Date / Event Date Event Price
Feb 26, 2016 Sold
Premium
Sold
Jan 1, 2016 Listed by Keller Williams Realty Monmouth/Ocean $499,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 8
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,470
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,811
  • Building Area: 1,811
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,811
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 29
  • Account Number: 10000270
  • District: 13
  • Parcel: 13 00374-0000-00022
  • Block: 374
  • Lot: 22
  • Municipality: LACEY TWP
  • Latitude: 39.841
  • Longitude: -74.1475

    Address

  • Full Address: 822 Ensign Dr
  • Address - House Number: 822
  • Address - Street Name: Ensign
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R002
  • 4-Digit Zip Code: 3031
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,101,402

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 831,042
  • High Value: 990,655
  • Low Value: 671,430

    Market Valuation

  • Market Total Value: $486,700
  • Market Land Value: $293,300
  • Market Improvement Value: $193,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,700
  • Assessed Land Value: $293,300
  • Assessed Improvements Value: $193,400

    Sales

  • Current Sale Contract Date: Feb 25, 2016
  • Current Sale Recording Date: Mar 03, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016021071
  • Previous Sale Recording Date: Sep 09, 1996
  • Previous Sale Contract Date: Sep 04, 1996
  • Previous Sale Amount: $260,489
  • 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

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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 1706 Compass Drive, Forked River, NJ, 08731

$2,850 /mo

  • 3 Beds
  • 1 Bath
  • 813 ft²
1706 Compass Drive, Forked River, NJ, 08731 Listing by Kenneth Nilson
Unit for rent at 813 Forepeak Drive, Forked River, NJ, 08731

$2,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,426 ft²
813 Forepeak Drive, Forked River, NJ, 08731 Listing by Margaret Cooper

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Iftikhar Haq, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21600058
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 822 Ensign Drive built and last sold?
The property at 822 Ensign Drive was built in 1996 and last sold on Feb 25, 2016 for $470,000.
How much is this home worth?
The estimated value of the home located at 822 Ensign Drive is $0.
What are some comparable homes to 822 Ensign Drive?
There are currently no comparable homes to 822 Ensign Drive.
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