When was property at 255 Cherokee Trail built and last sold?

The property at 255 Cherokee Trail was built in 1965 and last sold on Jul 20, 1996 for $107,000.

How much is this home worth?

The estimated value of the home located at 255 Cherokee Trail is $0.

What are some comparable homes to 255 Cherokee Trail?

There are currently no comparable homes to 255 Cherokee Trail.

Ocean

08731

255 Cherokee Trail

$490,000

● House - Off Market

255 Cherokee Trail

Forked River, NJ 08731

3 Beds

2 Baths

1,900 Ft²

$2,969

Est. Monthly

5.74%

Cap Rate

About This Property

Ever dreamed of living in a waterfront property by a peaceful lake? This meticulously maintained 3-bedroom, 2-bathroom home is nestled along the beautiful shores of Lake Barnegat. Step inside to find a welcoming living room with a cozy gas fireplace, setting the tone for relaxed lakeside living. The newer eat-in kitchen features granite countertops, ceramic tile floors, decorative molding, a pantry, double oven, ample cabinet space, and sliding doors that lead out to a spacious deck with water views. The primary bedroom is complete with a walk-in closet and full en-suite bathroom. Outside, there is a deck, dock, and underground sprinkler system. Located close to parks, beaches, and everything the Jersey Shore has to offer, this lakefront home is a rare opportunity you won't want to miss! you won't want to miss!

Unit Size

1,900 Ft²

Days on Market

63 days

Land Size

0.15 acres

Price per sqft

$263

Property Type

House

Property Taxes

$513

HOA Dues

Year Built

1965

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22514245)

Price History

Date / Event	Date	Event
Sep 22, 2025	Sold	Premium
Sold
Aug 12, 2025	In contract	-
In contract
Jul 22, 2025	Relisted	$499,999
Relisted
Jul 9, 2025	In contract	-
In contract
Jun 18, 2025	Price Decreased	$499,999 ↓ $20K (3.9%)
Price Decreased
May 15, 2025	Listed by RE/MAX Revolution	$519,999
Listed by RE/MAX Revolution

Property Highlights

Parking Available

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1965

Effective Year Built: 1965
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: 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: 6,570

Lot Size Depth Feet: 900
Lot Size Frontage Feet: 730
Total Building Area: 1,900
Building Area: 1,900
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,900
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000151
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Lacey Township School District

Census Tract: 732003

Zoning

Zoning: R75

Geography

Assessors Map Reference: TAX MAP 68

Account Number: 00089965
District: 13
Parcel: 13 01400-0000-00052
Block: 1400
Lot: 52
Municipality: LACEY TWP
Latitude: 39.8405
Longitude: -74.1994

Address

Full Address: 255 Cherokee Trl

Address - House Number: 255
Address - Street Name: Cherokee
Address - Suffix Type: Trl
State: NJ
City Name: Forked River
Carrier Code: R006
4-Digit Zip Code: 4242
Zip Code: 08731

Valuation

Tax

Tax Year: 2022

Tax Amount: $549,909

Appraisal Valuation

Standard Deviation: 0.2161

Valuation Date: Apr 03, 2024
Confidence Score: 70
Final Value: 464,506
High Value: 564,906
Low Value: 364,106

Market Valuation

Market Total Value: $243,000

Market Land Value: $84,000
Market Improvement Value: $159,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $243,000
Assessed Land Value: $84,000
Assessed Improvements Value: $159,000

Sales

Current Sale Contract Date: Jul 20, 1996

Current Sale Recording Date: Aug 14, 1996
Current Sale Price:

Premium
Current Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium

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

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Comparables

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.19%

Average Days on Market

Average Home Size

1605 ft²

Average Home Age

29.4 years

Currently For Sale

4507 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 101 Maria Loretta Lane, Forked River, NJ, 08731

$3,000 /mo

3 Beds
2 Baths

101 Maria Loretta Lane #101, Forked River, NJ, 08731 Listing by William R Hagan

Unit for rent at 602 Cyprus Court, Forked River, NJ, 08731

$3,100 /mo

3 Beds
3 Baths
1,558 ft²

602 Cyprus Court #602, Forked River, NJ, 08731 Listing by Danielle Coyle

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kamerin Peters, RE/MAX Revolution
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22514245

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.

255 Cherokee Trail

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ocean

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions