NOT LISTED FOR SALE

434 S Main St Forked River, NJ 08731

Lacey Township Neighborhood

Estimated Value: $164,000 - $377,000

2 Beds
1 Bath
1,200 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $120,000 $100 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,096/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 1-Story Property

About This Home

As of May 2022

Structure is completely gutted out, public water & sewer. High Traffic area along Route 9 (aka S Main Street). Interior of property is unsafe to go into at the current time, please see photos attached to this listing to see interior. Buyer is responsible for all municipal & lender required repairs & certification. TOWNSHIP ISSUED A WRITTEN DETERMINATION PRIOR TO CLOSING STATING THE PROPERTY LOST ITS RESIDENTIAL USE DUE TO BEING ABANDONED FOR A NUMBER OF YEARS & CAN ONLY BE USED FOR COMMERCIAL USE . TOWNSHIP ISSUED A VIOLATION WITH DAILY PENALTIES FOR UNSAFE STRUCTURE. BUYER WAS RESPONSIBLE FOR REPAIRS, VIOLATIONS & FINES. PROPERTY WAS SOLD TO ADJACENT COMMERCIAL PROPERTY OWNER . LOT WAS ''UNDERSIZED'' FOR THE ZONING. Multiple Offers.OFFER HAS BEEN ACCEPTED.

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 01/11/2022

RE/MAX at Barnegat Bay

Last Buyer's Agent

Nicole Sabarese

RE/MAX at Barnegat Bay License #8741656

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1920

Lot Details

  • 9,583

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway
  • Off-Street Parking

Schools

  • Forked River Elementary School
  • Lacey Township Middle School
  • Lacey Township High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Exterior Lighting
  • 9,583 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Cape Cod

Listing and Financial Details

  • Assessor Parcel Number 13-00225-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,808

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Cape Cod
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.22
  • General Property Info Farm: No
  • Location Middle School: Lacey Township
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Style Cape: Yes
  • Cooling None12: Yes
  • Siding Cedar: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Topography: Level
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Lacey Township

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 13-00225-0000-00006
  • Zoning Description: Residential, Commercial

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4808.0

MLS Schools

  • Elementary School: Forked River
  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
May 7, 2022
Sold by
Nick Dedes
Bought by
Coledepa Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
Nicole Sabarese
RE/MAX at Barnegat Bay
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$308,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,137
Avg. Annual Appreciation
32.29%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Double Real Estate Llc
Bought by
Dedes Nick and Ciardella Thomas A

Purchase Details

Closed on
Apr 3, 2007
Sold by
Lains Alexandre B
Bought by
Double T Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 27, 2005
Sold by
Sheridan John C and Sheridan Katherine A
Bought by
Lains Alexandre B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.16%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Coledepa Llc $120,000 Fuggi Shauna M
Dedes Nick -- Fidelity Natl Title Ins Co
Double T Real Estate Llc $217,500 Fidelity Natl Title Ins Co
Lains Alexandre B $205,000 Universal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Double T Real Estate Llc $300,000
Previous Owner Lains Alexandre B $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 For Sale $120,000 0.0% $100 / Sq Ft
05/27/2022 05/27/22 Sold $120,000 0.0% $100 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $120,000 -- $100 / 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 $5,476 $216,100 $190,000 $26,100
2024 $5,119 $216,100 $190,000 $26,100
2023 $4,890 $216,100 $190,000 $26,100
2022 $4,890 $216,100 $190,000 $26,100
2021 $4,185 $216,100 $190,000 $26,100
2020 $4,655 $216,100 $190,000 $26,100
2019 $4,573 $216,100 $190,000 $26,100
2018 $4,519 $216,100 $190,000 $26,100
2017 $4,415 $216,100 $190,000 $26,100
2016 $4,398 $216,100 $190,000 $26,100
2015 $4,201 $216,100 $190,000 $26,100
2014 $3,717 $216,100 $190,000 $26,100
Source: Public Records

Agents Affiliated with this Home

  • John Glancy

    Seller's Agent in 2022

    John Glancy

    RE/MAX at Barnegat Bay

    (732) 914-0074

    4 in this area

    65 Total Sales

    John Glancy
    Section Image
  • Nicole Sabarese

    Buyer's Agent in 2022

    Nicole Sabarese

    RE/MAX

    (609) 618-0301

    74 in this area

    108 Total Sales

    Nicole Sabarese
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22200777

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00225-0000-00006

New Jersey Ocean County Forked River 08731 Lacey Township

434 S Main St, Forked River, NJ

This home is located at 434 S Main St, Forked River, NJ 08731 since 11 January 2022 and is currently estimated at $308,137, approximately $256 per square foot. This property was built in 1920. 434 S Main St is a home located in Ocean County with nearby schools including Lacey Township High School.

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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