See Home Value
Ocean 08731
427 Penn Avenue
$385,000
● House - Off Market

427 Penn Avenue

Forked River, NJ 08731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$375,629
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Nice Ranch home is ready for new owner/s to make it their own! Manicured Front yard with Sprinkler System & double paved driveway. Home offers over1,400 sq. ft. with 3 Bdrms., 2 Full Baths, Fam. Rm., Primary Bedroom with full bath plus a walk-in closet & additional wall closet,  Hardwood floors in Liv.Rm., Din. Rm, Kitchen & Hallway. Fam. Rm. with newer slider leading to the nice size deck. Fenced Yard. Roof is approx. 11 years. Enjoy this Community with Lakes nearby. Perfect time to to own your new home & enjoy Swimming in the Lake or sun bathe on the beach!
Unit Size
1,428 Ft²
Days on Market
42 days
Land Size
0.18 acres
Price per sqft
$263
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1974

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MOMLS #22312921)

Price History

Date / Event Date Event Price
Aug 26, 2024 Sold
Sold
Jul 13, 2024 In contract -
In contract
Jun 25, 2024 Listed by Goldstone Realty $649,999
Listed by Goldstone Realty
Welcome home to this charming cape that has it all ~ 4 bedrooms, 3 baths, a finished basement, 2-car garage, & an amazing backyard you won't want to leave. Located in the Cranberry Hill neighborhood of Forked River, near Lake Barnegat. The modern kitchen features granite countertops & stainless-steel appliances, opening to a family room w/a cathedral ceiling, skylight, & cozy fireplace. Entertain in the elegant dining room or relax by the second fireplace in the formal living room, all w/hardwood floors. Outside, enjoy a private, fenced yard w/an in-ground saltwater pool, shed, & pool house. Upgraded w/NEW windows, siding, hot water heater, boiler, and more. This home is move-in ready, a must see!
Jun 30, 2023 Sold
Sold
May 13, 2023 Listed by Weichert Realtors-Forked River $375,000
Listed by Weichert Realtors-Forked River
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: LOTS 20,21,22

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732003

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 69
  • Account Number: 00095259
  • District: 13
  • Parcel: 13 01444-0000-00019
  • Block: 1444
  • Lot: 19
  • Municipality: LACEY TWP
  • Latitude: 39.8481
  • Longitude: -74.1996

    Address

  • Full Address: 427 Penn Ave
  • Address - House Number: 427
  • Address - Street Name: Penn
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R007
  • 4-Digit Zip Code: 2511
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $396,371

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 379,791
  • High Value: 546,240
  • Low Value: 213,341

    Market Valuation

  • Market Total Value: $186,200
  • Market Land Value: $76,000
  • Market Improvement Value: $110,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,200
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $110,200

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 86789
  • Previous Sale Recording Date: Jul 12, 1994
  • Previous Sale Contract Date: Jun 30, 1994
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 615 Beach Boulevard, FORKED RIVER, NJ, 08731

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,180 ft²
615 Beach Boulevard, FORKED RIVER, NJ, 08731 Listing by Jessica K DiFrancia
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


Frequently Asked Questions

When was property at 427 Penn Avenue built and last sold?
The property at 427 Penn Avenue was built in 1974 and last sold on Jun 22, 2023 for $385,000.
How much is this home worth?
The estimated value of the home located at 427 Penn Avenue is $0.
What are some comparable homes to 427 Penn Avenue?
There are currently no comparable homes to 427 Penn Avenue.