When was property at 116 Bay Avenue built and last sold?

The property at 116 Bay Avenue was built in 1900 and last sold on May 2, 1990 for $130,000.

How much is this home worth?

The estimated value of the home located at 116 Bay Avenue is $0.

What are some comparable homes to 116 Bay Avenue?

There are currently no comparable homes to 116 Bay Avenue.

Forked River

08731

116 Bay Avenue

$365,000

● Land - Off Market

116 Bay Avenue

Forked River, NJ 08731

Studio

0 Bath

$2,547

Est. Monthly

4.03%

Cap Rate

About This Property

BEAUTIFUL Lot! This huge - over a half acre property is beaming with potential & is a possible subdivision. Rehab this historic charmer or build NEW! This huge - over a half acre property is beaming with potential & is a possible subdivision. Rare find & incredible location surrounded by some of Lacey Township's finest historic homes. Property boasts views of the picturesque Forked River. The upstairs layout of 3 beds & 2 baths has been partially cleared & gutted for remodeling. Downstairs is partially livable. This is an ''AS IS'' Sale. 2 car garage: 1 attached & 1 OVERSIZED detached garage. The backyard has fencing for privacy. Just a short walk to Eno's Pond County Park & dining on the Forked River. This opportunity won't last.

Unit Size

Days on Market

110 days

Land Size

0.59 acres

Price per sqft

Property Type

Land

Property Taxes

$730

HOA Dues

Year Built

1900

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22504221)

Price History

Date / Event	Date	Event
Jun 8, 2025	In contract	-
In contract
Jun 6, 2025	Sold	Premium
Sold
May 24, 2025	In contract	-
In contract
Apr 20, 2025	Price Decreased	$370,000 ↓ $29K (7.3%)
Price Decreased
Mar 27, 2025	Price Decreased	$399,000 ↓ $31K (7.2%)
Price Decreased
Mar 15, 2025	Price Decreased	$430,000 ↓ $45K (9.5%)
Price Decreased
Feb 25, 2025	Price Decreased	$475,000 ↓ $24K (4.8%)
Price Decreased
Feb 16, 2025	Listed by RE/MAX at Barnegat Bay	$499,000
Listed by RE/MAX at Barnegat Bay
Jan 31, 2025	Listed by RE/MAX at Barnegat Bay - Forked River	$399,000
Listed by RE/MAX at Barnegat Bay - Forked River

	Rehab this historic charmer or build NEW! This huge - over a half acre property is beaming with potential & is a possible subdivision. Rare find & incredible location surrounded by some of Lacey Township's finest historic homes. Property boasts views of the picturesque Forked River. The upstairs layout of 3 beds & 2 baths has been partially cleared & gutted for remodeling. Downstairs is partially livable. This is an ''AS IS'' Sale. 2 car garage: 1 attached & 1 OVERSIZED detached garage. The backyard has fencing for privacy. Just a short walk to Eno's Pond County Park & dining on the Forked River. This opportunity won't last.

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1900

Effective Year Built: 1900
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 5
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: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 25,826

Lot Size Frontage Feet: 980
Total Building Area: 2,812
Building Area: 2,812
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,812
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000592
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Lacey Township School District

Census Tract: 732103

Zoning

Zoning: R80

Geography

Assessors Map Reference: TAX MAP 19

Account Number: 00025979
District: 13
Parcel: 13 00283-0000-00018
Block: 283
Lot: 18
Municipality: LACEY TWP
Latitude: 39.8348
Longitude: -74.1892

Address

Full Address: 116 Bay Ave

Address - House Number: 116
Address - Street Name: Bay
Address - Suffix Type: Ave
State: NJ
City Name: Forked River
Carrier Code: R016
4-Digit Zip Code: 4327
Zip Code: 08731

Valuation

Tax

Tax Year: 2022

Tax Amount: $782,093

Appraisal Valuation

Standard Deviation: 0.1934

Valuation Date: Apr 03, 2024
Confidence Score: 74
Final Value: 602,904
High Value: 719,563
Low Value: 486,244

Market Valuation

Market Total Value: $345,600

Market Land Value: $125,000
Market Improvement Value: $220,600

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $345,600
Assessed Land Value: $125,000
Assessed Improvements Value: $220,600

Sales

Current Sale Contract Date: May 02, 1990

Current Sale Recording Date: May 02, 1990
Current Sale Price:

Premium
Current Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Forked River

Stats & Trends

Median Asking:

$520,000

Sale Price/ft²

$333

Below Asking

0.01%

Average Days on Market

Average Home Size

1552 ft²

Average Home Age

44 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 30 Walnut Street, Waretown, NJ, 08758

$2,850 /mo

3 Beds
2 Baths
1,008 ft²

30 Walnut Street, Waretown, NJ, 08758 Listing by Beth M Huntley

Unit for rent at 501 Adolphus Street, Forked River, NJ, 08731

$2,800 /mo

2 Beds
1 Bath
1,188 ft²

501 Adolphus Street, Forked River, NJ, 08731 Listing by Alyssa Giglio

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

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Charlene Brown, RE/MAX at Barnegat Bay
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22504221

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.

116 Bay Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Forked River

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions