When was property at 986 Capstan Drive built and last sold?

The property at 986 Capstan Drive was built in and last sold on Apr 7, 2023 for $305,000.

How much is this home worth?

The estimated value of the home located at 986 Capstan Drive is $0.

What are some comparable homes to 986 Capstan Drive?

There are currently no comparable homes to 986 Capstan Drive.

Ocean

08731

986 Capstan Drive

$470,000

● Land - Off Market

986 Capstan Drive

Forked River, NJ 08731

Studio

0 Bath

$2,701

Est. Monthly

About This Property

Prime waterfront opportunity in Forked River. This cleared 50' x 100' residential lot offers beautiful water views and is ready for a custom waterfront home. The property features a newer bulkhead and dock.

The seller has already completed key preliminary work, including architectural plans, flood elevation, and plot plan. Final engineering approval is the only remaining step, creating an excellent opportunity for an investor or a buyer looking to build a custom waterfront home.

Ideally located within walking distance to Sunrise Beach Pavilion, this lot offers a desirable waterfront setting with convenient access to nearby amenities and recreation.

Unit Size

Days on Market

77 days

Land Size

0.11 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (MOMLS #22600289)

Price History

Date / Event	Date	Event
Mar 23, 2026	Sold	Premium
Sold
Feb 14, 2026	In contract	-
In contract
Jan 5, 2026	Listed by Keller Williams Realty West Monmouth	$550,000
Listed by Keller Williams Realty West Monmouth
May 27, 2024	Listed	$429,000
Listed

	EXPANSIVE WATERFRONT VIEWS in the desirable Sunrise Beach neighborhood of Lacey Township. Cleared 50' X 100' lot with a brand new vinyl bulkhead and dock, on a 100' wide lagoon just minutes from the open bay. The perfect location for your dream home! The owner is applying for a variance to build a single family home with up to 3500 sf of living space, and expects the variance to be approved by the end of September.
Apr 11, 2023	Sold	Premium
Sold
Nov 23, 2022	Listed by Lifestyle International Realty	$349,900
Listed by Lifestyle International Realty

Nov 16, 2022	No longer available	-
No longer available
Aug 23, 2022	Listed by Lifestyle International Realty	$368,000
Listed by Lifestyle International Realty

Aug 16, 2022	No longer available	-
No longer available
May 14, 2022	Listed by HUDSON RIVER REALTY	$369,900
Listed by HUDSON RIVER REALTY

	Lot is approved for a 1 family resident build. Attached you will see a picture of the size of the home. Price does NOT include the home. Price is for lot ONLY. We have financial resources to sell the the property and home as a package. Property needs a new bulk head and dock, Water, sewer and electric services are capped and disconnected by curb line. Seller secured active permit for future build. Vacant lot sits on the deepest and widest lagoon in Lacey Township.
Apr 9, 2022	No longer available	-
No longer available
Oct 7, 2021	Listed by HUDSON RIVER REALTY	$369,900
Listed by HUDSON RIVER REALTY

	Property needs a new bulk head and dock. Water, sewer and electric services are capped and disconnected by curb line. Seller secured active permit for future build.

Property Highlights

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 11
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
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: 5,000

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 500
Total Building Area: 1,320
Building Area: 1,320
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,320
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Land Acres: 0000000115
Standard Land Use Code: 8000
County Land Use Code: 1

Neighborhood

School District Name: Lacey Township School District

Census Tract: 732103

Zoning

Zoning: R-75

Geography

Assessors Map Reference: TAX MAP 35

Account Number: 00042890
District: 13
Parcel: 13 00477-0000-00043
Block: 477
Lot: 43
Municipality: LACEY TWP
Latitude: 39.8428
Longitude: -74.1525

Address

Full Address: 986 Capstan Dr

Address - House Number: 986
Address - Street Name: Capstan
Address - Suffix Type: Dr
State: NJ
City Name: Forked River
Carrier Code: R002
4-Digit Zip Code: 2030
Zip Code: 08731

Valuation

Tax

Tax Year: 2022

Tax Amount: $363,890

Appraisal Valuation

Standard Deviation: 0.0901

Valuation Date: Apr 03, 2024
Confidence Score: 92
Final Value: 306,450
High Value: 334,079
Low Value: 278,820

Market Valuation

Market Total Value: $160,800

Market Land Value: $160,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $160,800
Assessed Land Value: $160,800

Sales

Current Sale Contract Date: Apr 07, 2023

Current Sale Recording Date: Apr 17, 2023
Current Sale Price:

Premium
Current Sale Document Type: 12
Current Sale Input Document Number: 28456
Previous Sale Recording Date: Sep 20, 2021
Previous Sale Contract Date: Sep 15, 2021
Previous Sale Amount: $200,000
Previous Sale Document Type: 27

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

Request mortgage information redaction

Comparables

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

Average Home Size

1593 ft²

Average Home Age

24.1 years

Currently For Sale

4226 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 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 607 Sunrise Boulevard, Forked River, NJ, 08731

$2,500 /mo

3 Beds
2 Baths
1,376 ft²

607 Sunrise Boulevard, Forked River, NJ, 08731 Listing by Nanette Marino

Unit for rent at 1206 Polaris Court, Forked River, NJ, 08731

$4,800 /mo

3 Beds
2 Baths
2,171 ft²

1206 Polaris Court, Forked River, NJ, 08731 Listing by Francine Chussler

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Michael Greco, Keller Williams Realty West Monmouth
Last Updated: 7 months ago
Data Source: MOMMLS, MLS# 22600289

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.

986 Capstan Drive

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