$450,000
●
House -
Off Market
323 Shepard Avenue
Forked River, NJ 08731
3 Beds
1 Bath,
1
Half Bath
1,400 Ft²
$2,570
Est. Monthly
About This Property
Don't miss your chance to own this charming 3-bedroom, 1.5-bath
home in the desirable Barnegat Pines section of Forked River!
Situated on a spacious corner lot with a fully fenced yard, this
home offers comfort, space, and convenience.
Step inside to a warm and inviting living room featuring a wood-burning fireplace, an eat-in kitchen with an abundance of cabinet space, and a dedicated laundry/mudroom with built-in cabinetry and a rear entrance.
All three bedrooms are generously sized, with one featuring a private half bath. The unfinished basement provides additional storage space, houses the utilities, and offers convenient Bilco door access. Outside, you'll find a detached garage, two storage sheds, and plenty of parking. Additional features include a newer roof that's only one year old.
Conveniently located close to lakes, bay beaches, the Garden State Parkway, shopping, and more!
Step inside to a warm and inviting living room featuring a wood-burning fireplace, an eat-in kitchen with an abundance of cabinet space, and a dedicated laundry/mudroom with built-in cabinetry and a rear entrance.
All three bedrooms are generously sized, with one featuring a private half bath. The unfinished basement provides additional storage space, houses the utilities, and offers convenient Bilco door access. Outside, you'll find a detached garage, two storage sheds, and plenty of parking. Additional features include a newer roof that's only one year old.
Conveniently located close to lakes, bay beaches, the Garden State Parkway, shopping, and more!
Unit Size
1,400 Ft²
Days on Market
51 days
Land Size
0.22 acres
Price per sqft
$307
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1970
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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: 2 months ago (MOMLS #22621530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by RE/MAX Revolution | $429,900 | |
| Listed by RE/MAX Revolution | |||
| Apr 6, 2018 | Sold | ||
| Sold | |||
| Feb 3, 2018 | Listed by Weichert Realtors-Forked River | $229,900 | |
| Listed by Weichert Realtors-Forked River | |||
| | |||
|
CHARMING 3 BEDROOM, 1.5 BATH RANCH IN THE QUAINT BARNEGAT PINES SECTION OF LACEY TOWNSHIP. THIS HOME FEATURES A LARGE EAT IN KITCHEN, NEWER DISHWASHER, SILESTONE COUNTERTOPS, UNDER CABINET AND RECESSED LIGHTING. THE TILED ENTRANCE LEADS TO A SPACIOUS LIVING ROOM WITH A BEAUTIFUL WOOD BURNING FIREPLACE. LARGE FULLY VINYL FENCED CORNER LOT IS BIG ENOUGH FOR AN IN GROUND POOL. ENJOY A DRY YANKEE BASEMENT AND SHED, BOTH WITH ELECTRICITY OR A FULL ATTIC TO ACCOMMODATE ALL YOUR STORAGE NEEDS! CENTRAL AIR IS ONLY 2 YEARS OLD.
MUST SEE !
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Summit Tognetti, RE/MAX Revolution
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22621530
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.
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22621530
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