See Home Value
Ocean 08731
707 Richmond Drive
$550,000
● House - Off Market

707 Richmond Drive

Forked River, NJ 08731
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,466 Ft²
$3,417
Est. Monthly
3.35%
Cap Rate

About This Property

A Hidden Gem--don't miss this opportunity to own this lovely ranch with lots of water views and  has quick access to bay.  95 ft of bulkhead, a swim spa to exercise or relax in, and lots of decking for entertaining .  The extra long driveway and cul-de-sac  are great for guest parking. You'll love the location!
Unit Size
1,466 Ft²
Days on Market
74 days
Land Size
0.18 acres
Price per sqft
$392
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1985

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (MOMLS #22524916)

Price History

Date / Event Date Event Price
Oct 30, 2025 Sold
Sold
Aug 29, 2025 In contract -
In contract
Aug 17, 2025 Listed by RE/MAX at Barnegat Bay $575,000
Listed by RE/MAX at Barnegat Bay
Apr 30, 2019 Sold
Sold
Oct 30, 2018 Listed by Keller Williams Shore Properties $292,000
Listed by Keller Williams Shore Properties
Great water views and plenty of room for all your water toys. This home has tons of potential with over 90' of bulkhead, large size rooms and eat in kitchen. perfect for contractors or do it yourself. This home is being SOLD AS IS. A must see to really understand the possibilities.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 2
  • 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: 7,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732103

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 34
  • Account Number: 41006
  • District: 13
  • Parcel: 13 00463-0000-00021
  • Block: 463
  • Lot: 21
  • Municipality: LACEY TWP
  • Latitude: 39.8449
  • Longitude: -74.162

    Address

  • Full Address: 707 Richmond Dr
  • Address - House Number: 707
  • Address - Street Name: Richmond
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Forked River
  • Carrier Code: R007
  • 4-Digit Zip Code: 1940
  • Zip Code: 08731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,677

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 476,890
  • High Value: 579,967
  • Low Value: 373,814

    Market Valuation

  • Market Total Value: $280,900
  • Market Land Value: $149,500
  • Market Improvement Value: $131,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,900
  • Assessed Land Value: $149,500
  • Assessed Improvements Value: $131,400

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019040717
  • Previous Sale Recording Date: Sep 09, 2005
  • Previous Sale Contract Date: Sep 07, 2005
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 12
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 435 Laurel Boulevard, Lanoka Harbor, NJ, 08734

$4,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,556 ft²
435 Laurel Boulevard, Lanoka Harbor, NJ, 08734 Listing by Ronald J Stoner
Unit for rent at 1206 Polaris Court, Forked River, NJ, 08731

$4,200 /mo

  • 3 Beds
  • 2 Baths
  • 2,171 ft²
1206 Polaris Court, Forked River, NJ, 08731 Listing by Francine Chussler
Unit for rent at 1706 Compass Drive, Forked River, NJ, 08731

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 813 ft²
1706 Compass Drive, Forked River, NJ, 08731 Listing by Kenneth Nilson


Frequently Asked Questions

When was property at 707 Richmond Drive built and last sold?
The property at 707 Richmond Drive was built in 1985 and last sold on Apr 15, 2019 for $277,500.
How much is this home worth?
The estimated value of the home located at 707 Richmond Drive is $0.
What are some comparable homes to 707 Richmond Drive?
There are currently no comparable homes to 707 Richmond Drive.