407 Constitution Dr Forked River, NJ 08731
Lacey Township Neighborhood
3
Beds
1.5
Baths
1,528
Sq Ft
0.25
Acres
Highlights
- Rambler Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of April 2025ATTENTION INVESTORS!!! This property presents an excellent fixer upper opportunity. Spacious 3 bed, 1.5 bath home on an oversized corner lot in desirable Lacey Township. Quiet neighborhood just minutes from major highways and shopping/restaurant destinations. This seller bought the property from the original owner who had the house built around the beautiful fireplace. The roof was replaced a couple years ago which lead to a leak around the chimney. Along with that the property does need some tlc and cleaning up but the ROI potential is significant. Being sold strictly AS IS.
Last Agent to Sell the Property
Better Homes and Gardens Real Estate Maturo License #2082390 Listed on: 10/19/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,385
Year Built
- Built in 1971
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 90.00 x 120.00
- Property is zoned R-75
Parking
- Driveway
Home Design
- Rambler Architecture
- Frame Construction
Interior Spaces
- 1,528 Sq Ft Home
- Property has 1 Level
- Crawl Space
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Lacey Twp Subdivision
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 13-00487-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2025
Closed on
Apr 24, 2025
Sold by
Silvestri Michael Albert
Bought by
Phillips Robert A and Phillips Jacquelyn S
Seller's Agent
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
Buyer's Agent
Lisa Hill
BHHS Fox & Roach Toms River
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.19%
Original Mortgage
$461,487
Outstanding Balance
$461,487
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
-$4,957
Purchase Details
Listed on
Oct 19, 2024
Closed on
Dec 5, 2024
Sold by
Daly Robert and Mcshane Jennifer
Bought by
Silvestri Michael Albert
Seller's Agent
Evan DelGesso
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
List Price
$307,500
Sold Price
$300,000
Premium/Discount to List
-$7,500
-2.44%
Views
127
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.64%
Purchase Details
Listed on
Sep 25, 2014
Closed on
Mar 26, 2015
Sold by
Furris Gerald N
Bought by
Daly Robert and Mcshane Jennifer
Seller's Agent
Cynthia Tonkovich
Diane Turton, Realtors-Toms River
Buyer's Agent
Ann Acquaire
Crossroads Realty Inc-Barnegat
Sold Price
$197,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$194,020
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 19, 1978
Bought by
Furris Gerald N
Similar Homes in Forked River, NJ
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 | $470,000 | Trident Land Transfer | |
| Deed | $470,000 | Trident Land Transfer | |
| Deed | $300,000 | None Listed On Document | |
| Deed | $300,000 | None Listed On Document | |
| Deed | $197,600 | Surety Title Co | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $461,487 | FHA | |
| Closed | $461,487 | FHA | |
| Previous Owner | $194,000 | New Conventional | |
| Previous Owner | $194,020 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $470,000 | +1.1% | $308 / Sq Ft |
| 03/18/2025 03/18/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | For Sale | $465,000 | +55.0% | $304 / Sq Ft |
| 12/18/2024 12/18/24 | Sold | $300,000 | -2.4% | $196 / Sq Ft |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- |
| 10/19/2024 10/19/24 | For Sale | $307,500 | +55.6% | $201 / Sq Ft |
| 04/06/2015 04/06/15 | Sold | $197,600 | -- | $124 / Sq Ft |
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 | $4,385 | $185,100 | $83,000 | $102,100 |
| 2023 | $4,189 | $185,100 | $83,000 | $102,100 |
| 2022 | $4,189 | $185,100 | $83,000 | $102,100 |
| 2021 | $4,118 | $185,100 | $83,000 | $102,100 |
| 2020 | $3,987 | $185,100 | $83,000 | $102,100 |
| 2019 | $3,917 | $185,100 | $83,000 | $102,100 |
| 2018 | $3,870 | $185,100 | $83,000 | $102,100 |
| 2017 | $3,782 | $185,100 | $83,000 | $102,100 |
| 2016 | $3,767 | $185,100 | $83,000 | $102,100 |
| 2015 | $3,348 | $185,100 | $83,000 | $102,100 |
| 2014 | $3,601 | $223,900 | $123,000 | $100,900 |
Source: Public Records
Agents Affiliated with this Home
-
Tanea Hoffman
Seller's Agent in 2025
Tanea Hoffman
Jason Mitchell Real Estate New Jersey, LLC
(609) 781-6714
3 in this area
27 Total Sales
-
Lisa Hill
Buyer's Agent in 2025
Lisa Hill
BHHS Fox & Roach Toms River
(732) 814-8479
9 in this area
142 Total Sales
-
Evan DelGesso
Seller's Agent in 2024
Evan DelGesso
Better Homes and Gardens Real Estate Maturo
(609) 408-0171
1 in this area
46 Total Sales
-
Cynthia Tonkovich
C
Seller's Agent in 2015
Cynthia Tonkovich
Diane Turton, Realtors-Toms River
(732) 713-4262
1 in this area
13 Total Sales
-
A
Buyer's Agent in 2015
Ann Acquaire
Crossroads Realty Inc-Barnegat
Map
Source: Bright MLS
MLS Number: NJOC2029352
APN: 13-00487-0000-00010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 383 Constitution Dr
- 305 Nautilus Blvd
- 119 Driftwood Ln
- 308 Pine Forest Ln
- 500 Buttonwood Dr
- 311 Pine Forest Ln
- 507 Laurelwood Dr
- 214 Conifer Dr
- 313 Merrimac Rd
- 504 Cedarwood Dr
- 420 Conifer Dr
- 508 Buttonwood Dr
- 111 Fernwood Ln
- 16 Bayberry Dr
- 705 Roanoke Dr
- 101 Foxwood Ln
- 241 Juniper Ln
- 17 Cedar Dr
- 217 Cedar Dr
- 202 Cedar Dr