Seller's Agent in 2025
Charlene Brown
RE/MAX
(609) 709-5111
61 in this area
124 Total Sales
116 Bay Ave Forked River, NJ 08731
Lacey Township Neighborhood
0.59
Acre
$618,644
Price per Acre
25,700
Sq Ft Lot
Highlights
- Guest House
- Private Lot
- No HOA
- 0.59 Acre Lot
- Property fronts the bay but unit may not have water views
- Storage Shed
About This Lot
As of June 2025BEAUTIFUL Lot! This huge - over a half acre property is beaming with potential & is a possible subdivision. Rehab this historic charmer or build NEW! This huge - over a half acre property is beaming with potential & is a possible subdivision. Rare find & incredible location surrounded by some of Lacey Township's finest historic homes. Property boasts views of the picturesque Forked River. The upstairs layout of 3 beds & 2 baths has been partially cleared & gutted for remodeling. Downstairs is partially livable. This is an ''AS IS'' Sale. 2 car garage: 1 attached & 1 OVERSIZED detached garage. The backyard has fencing for privacy. Just a short walk to Eno's Pond County Park & dining on the Forked River. This opportunity won't last.
Last Agent to Sell the Property
RE/MAX at Barnegat Bay - Forked River Listed on: 02/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,757
Lot Details
- 0.59 Acre Lot
- Lot Dimensions are 96 x 247 x 108 x 259
- Property fronts the bay but unit may not have water views
- Private Lot
- Back and Front Yard
- Property is zoned R80
Additional Features
- Guest House
- Flood Risk
Listing and Financial Details
- Tax Lot 00018
- Assessor Parcel Number 13-00283-00018
Community Details
Overview
- No Home Owners Association
- Forked River Subdivision
Recreation
- Storage Shed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2025
Closed on
Jun 5, 2025
Sold by
Pasco William R
Bought by
Silvestri Michael Albert
Seller's Agent
Charlene Brown
RE/MAX at Barnegat Bay - Forked River
Buyer's Agent
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
List Price
$499,000
Sold Price
$365,000
Premium/Discount to List
-$134,000
-26.85%
Views
392
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.04%
Purchase Details
Closed on
May 2, 1990
Bought by
Pasco William R and Pasco Lois J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $365,000 | Spire Abstract | |
| Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $108,500 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $365,000 | -1.4% | -- |
| 04/19/2025 04/19/25 | Price Changed | $370,000 | -7.3% | -- |
| 03/26/2025 03/26/25 | Price Changed | $399,000 | -7.2% | -- |
| 03/14/2025 03/14/25 | Price Changed | $430,000 | -9.5% | -- |
| 02/25/2025 02/25/25 | Price Changed | $475,000 | -4.8% | -- |
| 02/15/2025 02/15/25 | For Sale | $499,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,187 | $345,600 | $125,000 | $220,600 |
| 2023 | $7,821 | $345,600 | $125,000 | $220,600 |
| 2022 | $7,821 | $345,600 | $125,000 | $220,600 |
| 2021 | $7,690 | $345,600 | $125,000 | $220,600 |
| 2020 | $7,444 | $345,600 | $125,000 | $220,600 |
| 2019 | $7,313 | $345,600 | $125,000 | $220,600 |
| 2018 | $7,227 | $345,600 | $125,000 | $220,600 |
| 2017 | $7,061 | $345,600 | $125,000 | $220,600 |
| 2016 | $7,033 | $345,600 | $125,000 | $220,600 |
| 2015 | $6,718 | $345,600 | $125,000 | $220,600 |
| 2014 | $6,192 | $360,000 | $140,000 | $220,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2025
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
(609) 781-6714
3 in this area
27 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC2031754
APN: 13-00283-0000-00018
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