Seller's Agent in 2025
Diana Morgan
Keller Williams Shore Properties
(732) 691-0834
4 in this area
89 Total Sales
1204 Penguin Ct Forked River, NJ 08731
4
Beds
3.5
Baths
3,370
Sq Ft
7,841
Sq Ft Lot
Highlights
- Home fronts a lagoon or estuary
- New Kitchen
- Deck
- Property near a lagoon
- Colonial Architecture
- Freestanding Bathtub
About This Home
As of December 2025This stunning, completley renovated waterfront home offers the perfect blend of luxury and coastal charm. The first floor features a spacious primary suite with a walk in closet and bathroom with a walk in shower.The open concept kitchen, dining and living areas flow seamlessly together, ideal for entertaining.The sunroom with a vaulted ceiling captures spectacular waterview and natural light. Upstairs, you'll find a second primary suite with another expansive walk in closet and a spa-like bathroom that includes a shower and clawfoot tub. Two additional bedrooms share a stylish adjoining bath, and a bonus room provides the perfect space for a home office or gym. A large family room completes the upper level, offering plenty of room to relax or host guests. The backyard has multi level decking, patio, pergula, outdoor shower beautiful views and quick access to the bay. Plenty of space to relax or entertain. This is a place you will never want to leave .
Last Agent to Sell the Property
Keller Williams Shore Properties License #1008554 Listed on: 10/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,944
Year Built
- Built in 1972
Lot Details
- 7,841 Sq Ft Lot
- Home fronts a lagoon or estuary
Home Design
- Colonial Architecture
- Asphalt Rolled Roof
Interior Spaces
- 3,370 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 1 Fireplace
- ENERGY STAR Qualified Windows
- Insulated Windows
- Blinds
- Great Room
- Living Room
- Dining Room
- Bonus Room
- Sun or Florida Room
- Marble Flooring
- Crawl Space
- Home Security System
Kitchen
- New Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Stove
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Primary bathroom on main floor
- Freestanding Bathtub
Laundry
- Laundry Room
- Washer
Parking
- No Garage
- Converted Garage
Eco-Friendly Details
- Energy-Efficient Appliances
Outdoor Features
- Property near a lagoon
- Bulkhead
- Deck
- Exterior Lighting
- Shed
- Storage Shed
Schools
- Lacey Township High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Chandelier in staircase, ceiling fan in 2nd floor master & 2 kid rooms, seller's personal belonging
- Assessor Parcel Number 13-00101-12-00118
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 30, 2025
Closed on
Dec 12, 2025
Sold by
Reese Ryan and Reese Stacey
Bought by
Rona Mitchell and Rona Andrea
Seller's Agent
Diana Morgan
Keller Williams Shore Properties
Buyer's Agent
David Lazaro
Keller Williams Shore Properties
List Price
$999,999
Sold Price
$999,999
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Purchase Details
Closed on
Jul 18, 2008
Sold by
Hyle Michael J and Jankowski Deborah
Bought by
Reese Ryan and Reese Stacey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 1997
Sold by
Pearlman Mark A and Pearlman Faye A
Bought by
Hyle Michael J and Hyle Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.14%
Mortgage Type
VA
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 |
|---|---|---|---|
| Deed | $999,999 | Title Links | |
| Deed | $375,000 | Stewart Title Guaranty Co | |
| Deed | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $337,500 | Purchase Money Mortgage | |
| Previous Owner | $166,250 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $999,999 | 0.0% | $297 / Sq Ft |
| 11/13/2025 11/13/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | For Sale | $999,999 | -- | $297 / Sq Ft |
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 | $11,066 | $436,700 | $158,800 | $277,900 |
| 2024 | $10,345 | $436,700 | $158,800 | $277,900 |
| 2023 | $9,883 | $436,700 | $158,800 | $277,900 |
| 2022 | $9,883 | $436,700 | $158,800 | $277,900 |
| 2021 | $8,901 | $294,900 | $158,800 | $136,100 |
| 2020 | $6,352 | $294,900 | $158,800 | $136,100 |
| 2019 | $6,240 | $294,900 | $158,800 | $136,100 |
| 2018 | $6,166 | $294,900 | $158,800 | $136,100 |
| 2017 | $6,025 | $294,900 | $158,800 | $136,100 |
| 2016 | $6,001 | $294,900 | $158,800 | $136,100 |
| 2015 | $5,733 | $294,900 | $158,800 | $136,100 |
| 2014 | $6,763 | $393,200 | $258,800 | $134,400 |
Source: Public Records
Agents Affiliated with this Home
-
Diana Morgan
-
David Lazaro
Buyer's Agent in 2025
David Lazaro
Keller Williams Shore Properties
(732) 718-2314
25 in this area
287 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22532923
APN: 13-00101-12-00118
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