107 Penhook Rd Forked River, NJ 08731
Lacey Township NeighborhoodEstimated payment $8,216/month
Highlights
- Paddocks
- Solar Power System
- New Kitchen
- In Ground Pool
- 5.33 Acre Lot
- Colonial Architecture
About This Home
Escape to this private 5.33-acre country estate bordering Double Trouble State Park—perfect for nature lovers and horse enthusiasts. The chef's kitchen shines with quartz counters, island, commercial double oven, and built-in bar, opening to both a cozy sitting area and formal dining room, as well as the screened porch. The home features 3 full bathrooms (1 on first floor) and 5 bedrooms, including a flex room over the garage with new brick and wood floors and a 1st-floor guest/hangout room with backyard access. The stunning primary suite offers a 2-story ceiling, XL windows, clawfoot tub, massive shower, and walk-in closet. The hall bath has just been redone and features a soaking tub. New flooring runs throughout the entire first floor along with custom moldings. Plenty of storage throughout including a stand-up attic with pull down stairs. Outside, enjoy a fire pit, outdoor shower, and NEW salt cell for the inground pool. The paddock has been newly expanded and includes a NEW barn with 2 stalls w/ tack room and 1 stall w/ run-in set up for round bales, NEW chicken coop + run, and 2 sheds. Additional bonuses include: laundry room off kitchen, front porch, FRESH paint, 2 panel doors, barn doors, a new gray stone driveway, solar (leased), NEW vapor-barrier in crawl space, NEW pipe fittings on well pump, 2-zone HVAC (plus 3rd over garage), 2 wood burning stoves, large WB fireplace in family room and garage mudroom with epoxy floor. Make this dream retreat your home!
Listing Agent
Keller Williams Realty West Monmouth License #1327387 Listed on: 07/18/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,482
Year Built
- Built in 1980
Lot Details
- 5.33 Acre Lot
- Fenced
- Wooded Lot
- Backs to Trees or Woods
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Gravel Driveway
Home Design
- Colonial Architecture
- Farmhouse Style Home
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,100 Sq Ft Home
- 2-Story Property
- Wet Bar
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Wood Burning Stove
- Wood Burning Fireplace
- Blinds
- Bay Window
- French Doors
- Mud Room
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Bonus Room
- Crawl Space
Kitchen
- New Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Stove
- Portable Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Freestanding Bathtub
- Primary Bathroom Bathtub Only
- Soaking Tub
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Attic
- Walkup Attic
- Pull Down Stairs to Attic
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
- Solar Heating System
Pool
- In Ground Pool
- Outdoor Shower
- Saltwater Pool
- Vinyl Pool
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Shed
- Storage Shed
Schools
- Cedar Creek Elementary School
- Mill Pond Middle School
- Lacey Township High School
Farming
- Horse or Livestock Barn
Horse Facilities and Amenities
- Paddocks
- Run-In Shed
Utilities
- Forced Air Zoned Heating and Cooling System
- Geothermal Heating and Cooling
- Well
- Electric Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Reverse Osmosis system under kitchen sink.
- Assessor Parcel Number 13-02500-03-00003
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,482 | $689,900 | $231,300 | $458,600 |
2024 | $15,671 | $689,900 | $231,300 | $458,600 |
2023 | $14,970 | $661,500 | $231,300 | $430,200 |
2022 | $14,970 | $661,500 | $231,300 | $430,200 |
2021 | $14,718 | $661,500 | $231,300 | $430,200 |
2020 | $14,249 | $661,500 | $273,000 | $388,500 |
2019 | $13,997 | $661,500 | $273,000 | $388,500 |
2018 | $13,832 | $661,500 | $273,000 | $388,500 |
2017 | $12,160 | $595,200 | $273,000 | $322,200 |
2016 | $12,112 | $595,200 | $273,000 | $322,200 |
2015 | $11,571 | $595,200 | $273,000 | $322,200 |
2014 | $12,678 | $737,100 | $353,300 | $383,800 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/18/2025 08/18/25 | Pending | -- | -- | -- |
07/18/2025 07/18/25 | For Sale | $1,250,000 | +25.6% | $305 / Sq Ft |
04/05/2023 04/05/23 | Sold | $995,000 | 0.0% | $243 / Sq Ft |
03/29/2023 03/29/23 | Pending | -- | -- | -- |
03/29/2023 03/29/23 | For Sale | $995,000 | 0.0% | $243 / Sq Ft |
03/10/2023 03/10/23 | Pending | -- | -- | -- |
03/05/2023 03/05/23 | For Sale | $995,000 | -- | $243 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $995,000 | Pinnacle Title | |
Deed | $995,000 | Pinnacle Title | |
Deed | $350,000 | Foundation Title Llc | |
Deed | $365,000 | -- | |
Deed | $365,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $255,000 | New Conventional | |
Closed | $255,000 | New Conventional | |
Previous Owner | $40,294 | FHA | |
Previous Owner | $412,087 | FHA | |
Previous Owner | $285,000 | Purchase Money Mortgage | |
Previous Owner | $252,700 | No Value Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22521433

APN: 13-02500-03-00003
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