112 Clearwater Dr Forked River, NJ 08731

3 beds · 2 baths · 1,769 sq ft · Lot Size: 7,370 sq ft · Single Family Home
Est. Property Value: $499,977

Valued above Market MedianOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

112 Clearwater Dr is in the 08731 neighborhood of Forked River, NJ. It is located in Ocean County and ZIP code 08731. This Single Family Home was built in 1987 and is approximately 38 years old. The single family home spans 1769 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7370 sq ft lot. According to public records, it was last sold in 2023 for $500,000 and has a tax-assessed value of $471,082, which is $283 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 112 Clearwater Dr Forked River, NJ 08731 with Property Intel by Whitepages.

112 Clearwater Dr

Forked River, NJ 08731

Neighborhood

Owners & Occupancy for 112 Clearwater Dr

No contact information is available.

Occupancy

Resident 1***************** age 68
Resident 2*************** age 60

Property Financials for 112 Clearwater Dr

112 Clearwater Dr, Forked River, NJ has no known mortgage. The Ocean county assessment for 2024 values it at $471,082, with annual taxes of $8,400.

Property Tax

Purchase DateJanuary 06, 2023
Property Tax Amount$8,400 in 2024
Purchase Price$500,000
Assessed Value$471,082 on 2024

Investment Potential for 112 Clearwater Dr

The property has a current estimated value of $499,977, which is 40% above the zip median, based on public records. It last sold on January 06, 2023 for $500K. Projected long-term
is $38,400 annually ($3,200 per month) with a 86% occupancy rate.

Discover more Single Family Homes in 08731.
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Long-Term

Gross Rental
$38,400 per year($3,200 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
86%in 08731 zip code
 
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Property Details for 112 Clearwater Dr

Property Details

Property Sq Ft

Living Area

1,769 sq ft

17% above market

Lot Size

7,370 sq ft

12% below market

Price Per Sq Ft

Living Area

$283 / sq ft

21% above market

Lot Size Area

$68 / sq ft

73% above market

Property condition, age, exterior, etc. for 112 Clearw…
Longitude: -74.199347 Latitude: 39.825073 Parcel Number (APN): 13-00221-01-00002…

Recommended Properties in 08731

Discover more single family homes near 112 Clearwater Dr in Forked River, New Jersey. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 112 Clearwater Dr in Ocean County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$499,977
$436,046
$63,932 (15%)
—
—
—
YoY Price Change
—
—
—
Year Built
1987
1976
11 years
Living Space
1,769 sq ft
1,515 sq ft
254 (17%)
$ Per Living Sq Ft
$283
$277
$5 (2%)
Lot Size
7,370 sq ft
8,699 sq ft
-1329 (-15%)
$ Per Lot Sq Ft
$68
$46
$22 (48%)

Net Operating Income
$*****
$22,829
-$1,603 (-7%)
Annual Revenue
$38,400
$37,800
$600 (2%)
$*****
$15,175
$1,999 (13%)
Net Operating Income
$*****
$22,829
-$1,603 (-7%)
Cap Rate
****%
5.51%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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