NOT LISTED FOR SALE

1220 Polaris Ct Forked River, NJ 08731

Lacey Township Neighborhood

Estimated Value: $466,000 - $560,000

2 Beds
1 Bath
1,064 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $267,450 $251 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,238/month

54 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Wood Flooring
  • Docks
  • Property near a lagoon
  • Bonus Room

About This Home

As of May 2020

Location, Location, Location! A Boaters Dream Come True. Great Opportunity to own a home on the water. This 2 Bedroom 1 Bath Ranch has Great Potential. 75' x 100' lot on a Wide Deep Water Lagoon. 5 House off the Main River, only 5 Lagoons form the Barnegat Bay & a Short Ride to the Barnegat Inlet & Light House. Features Include: Hardwood Floors in the Living Room, Bedrooms, Dining Area and Bonus Room/Family Room. This Home offers a Large Open Floor Plan with Wood Burning Fireplace and Views of the Lagoon. Laundry Room with Slop Sink. Hot Water Baseboard Heat, Furnace New 2019, Water Heater 2013, Gas Line Replaced from the Street to the House 2019. Perfect for a Summer Getaway, Winter Retreat or Year Round Living. Priced to Sell. A must see before it is too late!

Last Agent to Sell the Property

Janice Martin

C21/ Action Plus Realty License #8240990 Listed on: 02/19/2020

C21/ Action Plus Realty

Last Buyer's Agent

Jason Price

RE/MAX at Barnegat Bay License #0340492

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,483

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 75 x 100
  • Home fronts a lagoon or estuary
  • Fenced

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bonus Room
  • Water Views
  • Crawl Space
  • Laundry Tub

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Portable Range
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property near a lagoon
  • Docks
  • Shed

Schools

  • Lacey Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-00101-05-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,483

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lagoon
  • Inclusions: Wall Oven, Counter Top Range, Stove Hood, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Bonus Room, Laundry Tub, Breakfast Bar
  • Year Built: 1970
  • Contract Info List PriceSqFt: 258.36
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75 x 100
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Stove Hood: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Exterior Dock: Yes
  • Interior Laundry Tub: Yes
  • Interior Bonus Room: Yes
  • Included Counter Top Range: Yes
  • Garage Storage Above: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Wall Oven: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Exterior Features: Dock, Fence, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 100
  • Parcel #: 13-00101-05-00020
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5483.0

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
May 11, 2020
Sold by
Booth Reginald and Booth Carmelina
Bought by
Paone Zachary J
Seller's Agent
Janice Martin
C21/ Action Plus Realty
Buyer's Agent
Jason Price
RE/MAX at Barnegat Bay
List Price
$289,900
Sold Price
$267,450
Premium/Discount to List
-$22,450
-7.74%
Current Estimated Value
$511,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,119
Avg. Annual Appreciation
12.40%
Original Mortgage
$227,333
Outstanding Balance
$201,007
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$310,562

Purchase Details

Closed on
Jul 29, 2007
Sold by
Booth Reginald and Booth Carmelina
Bought by
Booth Reginald and Booth Carmelina
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
Paone Zachary J $267,450 Counsellors Title
Booth Reginald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paone Zachary J $227,333
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $267,450 -2.7% $251 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/02/2020 04/02/20 Price Changed $274,900 -5.2% $258 / Sq Ft
02/19/2020 02/19/20 For Sale $289,900 -- $272 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $6,566 $259,100 $162,500 $96,600
2024 $6,138 $259,100 $162,500 $96,600
2023 $5,863 $259,100 $162,500 $96,600
2022 $5,863 $259,100 $162,500 $96,600
2021 $5,765 $259,100 $162,500 $96,600
2020 $5,581 $259,100 $162,500 $96,600
2019 $5,483 $259,100 $162,500 $96,600
2018 $5,418 $259,100 $162,500 $96,600
2017 $5,635 $275,800 $162,500 $113,300
2016 $5,613 $275,800 $162,500 $113,300
2015 $5,362 $275,800 $162,500 $113,300
2014 $6,551 $380,900 $262,500 $118,400
Source: Public Records

Agents Affiliated with this Home

  • Janice Martin

    Seller's Agent in 2020

    Janice Martin

    C21/ Action Plus Realty

    (908) 403-3922

    29 in this area

    73 Total Sales

    Janice Martin
    Section Image
  • Jason Price

    Buyer's Agent in 2020

    Jason Price

    RE/MAX

    (609) 242-6042

    20 in this area

    77 Total Sales

    Jason Price
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22006787

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00101-05-00020

New Jersey Ocean County Forked River 08731 Lacey Township

1220 Polaris Ct, Forked River, NJ

Not Listed for Sale

Detached

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