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Forked River 08731
913 Beach Boulevard
$244,000
● House - Off Market

913 Beach Boulevard

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$255,351
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Bright and white charming home found in Forked River Beach section of Lacey Township.. This tastefully renovated  home offers spectacular views of the boats coming and going from the elks Marina. Open floor plan with a beautiful custom kitchen featuring Stainless appliances. Personal pride went into this home and shows. Come visit today. This home will not disappoint.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$318
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1954

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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 #22127499)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by RE/MAX at Barnegat Bay $229,000
Listed by RE/MAX at Barnegat Bay

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732104

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 8
  • Account Number: 00012374
  • District: 13
  • Parcel: 13 00161-0000-00007
  • Block: 161
  • Lot: 7
  • Municipality: LACEY TWP
  • Latitude: 39.8214
  • Longitude: -74.1799

    Address

  • Full Address: 913 Beach Blvd
  • Address - House Number: 913
  • Address - Street Name: Beach
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R005
  • 4-Digit Zip Code: 5224
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $251,872

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 229,659
  • High Value: 274,097
  • Low Value: 185,221

    Market Valuation

  • Market Total Value: $111,300
  • Market Land Value: $55,100
  • Market Improvement Value: $56,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,300
  • Assessed Land Value: $55,100
  • Assessed Improvements Value: $56,200

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021175702
  • Previous Sale Recording Date: Aug 19, 1999
  • Previous Sale Contract Date: Aug 10, 1999
  • Previous Sale Document Type: 64
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 Forked River

Stats & Trends

Median Asking:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1552 ft²

Average Home Age

43.3 years

Currently For Sale

41 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 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
Unit for rent at 1 Memorial Drive, Waretown, NJ, 08758

$2,000 /mo

  • 2 Beds
  • 1 Bath
1 Memorial Drive #203, Waretown, NJ, 08758 Listing by Ellen Hall

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Derek Stephensen, RE/MAX at Barnegat Bay
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22127499
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 913 Beach Boulevard built and last sold?
The property at 913 Beach Boulevard was built in 1954 and last sold on Nov 15, 2021 for $244,000.
How much is this home worth?
The estimated value of the home located at 913 Beach Boulevard is $0.
What are some comparable homes to 913 Beach Boulevard?
There are currently no comparable homes to 913 Beach Boulevard.
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