NOT LISTED FOR SALE

264 Wallace Ave Forked River, NJ 08731

Lacey Township Neighborhood

Estimated Value: $369,420 - $428,000

3 Beds
1 Bath
1,152 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $285,000 $247 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,483/month

155 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Cooling Available
  • Hot Water Baseboard Heater

About This Home

As of May 2021

Updated Ranch in the Barnegat Pines neighborhood of Forked River, three bedroom, one bath, with a huge 866 sqft, custom 2 car garage attached.
Located half a block from Lake Barnegat. This open floor plan ranch has custom window treatments through out the house. LED lighting throughout. Outside you
will find a front and backyard landscaped with weed barrier and river rocks. A concrete driveway that is 100 ft long and leads into the backyard. An attached
custom built garage with wall mounted natural gas heater, high ceiling, 16 ft wide insulated garage door, large storage space above garage, garage roof is pitched.
Fluorescent lighting. Turnkey Workshop!
The home has ceiling fans. Garage is insulated & wired, can easily be converted into living space.

Last Agent to Sell the Property

Gina McDonald

Coldwell Banker Realty License #1973551 Listed on: 07/25/2020

Coldwell Banker Realty

Last Buyer's Agent

Elizabeth Evans

C21/ Action Plus Realty License #1859527

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,011

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Lacey Township High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Barnegat Pines Subdivision

Listing and Financial Details

  • Exclusions: Personal Property. Washer, Dryer, Refrigerator: but will sell separately.
  • Assessor Parcel Number 2.116

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Barnegat Pines
  • Architectural Style: Ranch
  • Year Built: 1945
  • Contract Info List PriceSqFt: 247.4
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Ranch: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Property. Washer, Dryer, Refrigerator: but will sell separately.
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • 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

  • Parcel #: 2.116

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
May 10, 2021
Sold by
Mcdonald Scott and Mcdonald Scott R
Bought by
Zahler Michael and Zahler Brigit
Seller's Agent
Gina McDonald
Coldwell Banker Realty
Buyer's Agent
Elizabeth Evans
C21/ Action Plus Realty
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$401,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,855
Avg. Annual Appreciation
7.69%
Original Mortgage
$279,837
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2008
Sold by
Cierniak Frances M
Bought by
Mcdonald Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Tighe Dolores
Bought by
Cierniak Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Stamateris Despina
Bought by
Tighe Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,810
Interest Rate
5.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zahler Michael $285,000 Sunrise Title Services
Mcdonald Scott R $225,000 Stewart Title Guaranty Co
Cierniak Frances M $177,000 Nationwide Title Agency Inc
Tighe Dolores $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zahler Michael $279,837
Previous Owner Mcdonald Scott R $180,000
Previous Owner Cierniak Frances M $132,750
Previous Owner Tighe Dolores $98,810
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $285,000 0.0% $247 / Sq Ft
02/10/2021 02/10/21 For Sale $285,000 0.0% $247 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/08/2020 12/08/20 Price Changed $285,000 -3.4% $247 / Sq Ft
07/25/2020 07/25/20 For Sale $295,000 -- $256 / 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 $4,574 $180,500 $62,700 $117,800
2024 $4,276 $180,500 $62,700 $117,800
2023 $4,085 $180,500 $62,700 $117,800
2022 $4,085 $180,500 $62,700 $117,800
2021 $4,016 $180,500 $62,700 $117,800
2020 $3,888 $180,500 $62,700 $117,800
2019 $3,819 $180,500 $62,700 $117,800
2018 $3,774 $180,500 $62,700 $117,800
2017 $3,688 $180,500 $62,700 $117,800
2016 $3,673 $180,500 $62,700 $117,800
2015 $3,509 $180,500 $62,700 $117,800
2014 $3,354 $195,000 $96,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gina McDonald

    Coldwell Banker Realty

    Section Image

  • E

    Buyer's Agent in 2021

    Elizabeth Evans

    C21/ Action Plus Realty

    (732) 216-5367

    1 in this area

    6 Total Sales

    Elizabeth Evans
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22025422

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-01419-0000-00046

New Jersey Ocean County Forked River 08731 Lacey Township

264 Wallace Ave, Forked River, NJ

Not Listed for Sale

Detached

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