$450,000
SOLD MAY 7, 2025
4 Beds
3 Baths
2,216 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$203 Per Sq Ft

7% Below List Price

49 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Heating Available
  • Multiple cooling system units
  • 2 Car Garage

About This Home

As of May 2025

This home is located at 1712 Binnacle Rd, Forked River, NJ 08731 and is currently priced at $450,000, approximately $203 per square foot. This property was built in 1960. 1712 Binnacle Rd is a home located in Ocean County with nearby schools including Lacey Township High School.

Last Agent to Sell the Property

Christopher Pizzola

Heritage House Sotheby's International Realty Brokerage Phone: 732-575-6523 License #1541547 Listed on: 02/04/2025

Heritage House Sotheby's International Realty

Last Buyer's Agent

Christopher Pizzola

Heritage House Sotheby's International Realty Brokerage Phone: 732-575-6523 License #1541547 Listed on: 02/04/2025

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Lacey Township High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 13-00209-0000-00013

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $49,200
  • Net Operating Income $36,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,051

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 732-575-6523
  • Subdivision Name: None
  • Reso Flooring: Laminate, Ceramic Tile, Other
  • Year Built: 1960
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 6.0
  • Floors Laminate2: Yes
  • Income Expenses Gross Income2: 49200.0
  • Income Expenses Net Income: 36290.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Slab
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.15
  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-00209-0000-00013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6051.0
  • Tax Other Annual Assessment Amount: 238800.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 49200.0

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Apr 28, 2025
Sold by
1712 Forked River Limited Liability Comp
Bought by
Carballo Elsa
Seller's Agent
Christopher Pizzola
Heritage House Sotheby's International Realty
Buyer's Agent
Christopher Pizzola
Heritage House Sotheby's International Realty
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.48%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Medina Jose A and Melendez Amelia
Bought by
1712 Forked River Limited Liability Comp

Purchase Details

Closed on
Jun 21, 2001
Sold by
Kassalias Leo
Bought by
Medina Jose and Melendez Amelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $450,000 United Land Title
Deed $450,000 United Land Title
Deed $147,000 None Available
Deed $149,900 --
Deed $149,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,100 Credit Line Revolving
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $450,000 -7.2% $203 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $485,000 -- $219 / 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
2024 $5,657 $238,800 $56,100 $182,700
2023 $5,404 $238,800 $56,100 $182,700
2022 $5,404 $238,800 $56,100 $182,700
2021 $5,313 $238,800 $56,100 $182,700
2020 $5,144 $238,800 $56,100 $182,700
2019 $5,053 $238,800 $56,100 $182,700
2018 $4,993 $238,800 $56,100 $182,700
2017 $4,879 $238,800 $56,100 $182,700
2016 $4,860 $238,800 $56,100 $182,700
2015 $4,642 $238,800 $56,100 $182,700
2014 $3,870 $273,700 $103,600 $170,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22503147

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00209-0000-00013