NOT LISTED FOR SALE

1 Penn Place Forked River, NJ 08731

Estimated Value: $701,579

4 Beds
2.5 Baths
2,906 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $360,000 $124 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,349/month

28 Days on Market

Highlights

  • Custom Home
  • Deck
  • Attic
  • 0.89 Acre Lot
  • Wood Flooring
  • Bonus Room

About This Home

As of February 2019

Beautifully renovated estate on a sprawling lot, boasting brand new exterior, kitchen, bathrooms, and floors. Plenty of parking with a large circular driveway as you walk into your new 4 bedroom 2 and a half bath home that's 2900 sq feet and sits on almost an acre of land. Home features a beautiful two story entry that will take your breath away! Imagine entertaining in your large kitchen with a full stainless steel appliance package! First floor master with sitting area and direct access to your brand new large deck, walk in closet and beautifully done en-suite! The home has three large additional bedrooms. House has a dedicated office space and large bonus room! Over sized 2 car garage! Easy access to the parkway and route 9.

Last Agent to Sell the Property

Michael Tumminelli

RE/MAX New Beginnings Realty-Toms River Listed on: 12/19/2018

Co-Listed By

Scott Alfano

RE/MAX New Beginnings Realty-Toms River

Last Buyer's Agent

Angad Dhir

Keller Williams Shore Properties License #1753445

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,154

Year Built

  • Built in 1979

Lot Details

  • 0.89 Acre Lot
  • Corner Lot
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,906 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Sunken Living Room
  • Bonus Room
  • Washer
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Deck
  • Shed

Schools

  • Forked River Elementary School
  • Lacey Township Middle School
  • Lacey Township High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cranberry Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 13-01631-02-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,154

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized
  • Co List Office Mls Id: 1797
  • Co List Office Phone: 732-473-1700
  • Inclusions: Washer, Dishwasher, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: Cranberry Hill
  • Architectural Style: Custom, Detached
  • Reso Interior Features: Attic, Bonus Room, Ceilings - 9Ft+ 1st Flr, Skylight, Recessed Lighting
  • New Construction: No
  • Year Built: 1979
  • Contract Info List PriceSqFt: 122.13
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.89
  • Location Middle School: Lacey Township
  • Lot Description Corner Lot: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Interior Bonus Room: Yes
  • Living Room Sunken: Yes
  • Parking Circular Driveway: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Basement Finished: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.89
  • Waterfront: No
  • Exterior Features: Deck, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Lacey Township

Lot Info

  • Lot Size Sq Ft: 38768.4
  • Parcel #: 13-01631-02-00014

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8154.0

MLS Schools

  • Elementary School: Forked River
  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 21, 2019
Sold by
W Property Management Llc
Bought by
Jaso Edward G and Jaso Wanda
Seller's Agent
Michael Tumminelli
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Angad Dhir
Keller Williams Shore Properties
Sold Price
$360,000
Current Estimated Value
$701,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,579
Avg. Annual Appreciation
10.12%
Original Mortgage
$360,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jul 13, 2017
Sold by
Raczkiewicz Robert L and Corcione Kathleen L
Bought by
W Property Management Llc
Seller's Agent
Blanche Franks
Burke&Manna Real Estate Agency
Buyer's Agent
Scott Alfano
RE/MAX at Barnegat Bay
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.24%

Purchase Details

Closed on
Jun 18, 2007
Sold by
Marotti E William and Marotti Doris
Bought by
Raczkiewicz Robert L and Kushnir Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,400
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 1997
Sold by
Ritchie Richard
Bought by
Marotti E William and Marotti Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jaso Edward G $360,000 Counsellors Title Agency Inc
W Property Management Llc $190,000 Old Republic National Title
Raczkiewicz Robert L $489,000 University Title Insurance A
Marotti E William $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaso Edward G $360,000
Previous Owner Raczkiewicz Robert L $293,400
Previous Owner Marotti E William $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2019 02/22/19 Sold $360,000 +89.5% $124 / Sq Ft
07/29/2017 07/29/17 Sold $190,000 -- $65 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $399,100 $129,000 $270,100
2024 -- $399,100 $129,000 $270,100
2023 -- $399,100 $129,000 $270,100
2022 $0 $399,100 $129,000 $270,100
2021 $0 $399,100 $129,000 $270,100
2020 $8,294 $399,100 $129,000 $270,100
2019 $8,345 $399,100 $129,000 $270,100
2018 $8,345 $399,100 $129,000 $270,100
2017 $8,154 $399,100 $129,000 $270,100
2016 $8,122 $399,100 $129,000 $270,100
2015 $7,759 $399,100 $129,000 $270,100
2014 $7,396 $430,000 $159,000 $271,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21847340

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-01631-02-00014