NOT LISTED FOR SALE

503 Cyprus Ct Forked River, NJ 08731

Estimated Value: $367,000

3 Beds
2.5 Baths
1,564 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $415,000 $265 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,301/month

56 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • 1 Car Direct Access Garage
  • Deck
  • Balcony
  • Eat-In Kitchen

About This Home

As of July 2024

Brand New Construction 3 Bedroom Townhome in the desirable Preserve at Barnegat Bay Community.Premium Lot Backing to Trees.1st Floor features Wideplank Engineered Floors Throughout,Garage Entry,and an Additional Room great for an Office/Game Room or potential Extra Bedroom.2nd Floor Features an Open Concept Layout with 1/2 Bath Upgrade, Spacious Family Room,Eat in Kitchen with Center Island,42 Inch Cabinets,Wide plank Engineered Flooring and Upgraded Appliances. Formal Dining Room with Glass Slider Leading to a Large Balcony/Composite Deck with Private/Peaceful View of Wooded Area.Upstairs 3 Bedrooms.Master Bedroom Showcases a Private Full Bath with Access to a Walk in Closet and Tranquil Views of Surrounding Trees.Great Location within 1.3 Miles of public Bay Access
+Waterfront Dining

Last Agent to Sell the Property

Matthew Rowack

EXP Realty License #1430563 Listed on: 05/01/2024

EXP Realty

Last Buyer's Agent

Camille Simms

RE/MAX at Barnegat Bay License #1537335

RE/MAX at Barnegat Bay

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 566

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • 3-Story Property
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Balcony
  • Deck

Schools

  • Lacey Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 13-00314-0000-00022-01-C0503

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024 | New Construction

Lot Details

566 Sq Ft Lot

HOA Fees

$305 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: None
  • Architectural Style: Townhouse
  • Reso Flooring: Tile, Engineered, Other
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built: 2024
  • Contract Info List PriceSqFt: 265.35
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Townhouse: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Floors Tile: Yes
  • Dining Room Sliding Door3: Yes
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Basement:Slab: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Deck
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, On Street, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 305.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 13-00314-0000-00022-01-C0503

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 11, 2024
Sold by
Chereath Roy S and Chereath Amy L
Bought by
Olesky Jennifer M
Seller's Agent
Matthew Rowack
EXP Realty
Buyer's Agent
Camille Simms
RE/MAX at Barnegat Bay
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
105
Current Estimated Value
$367,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,000
Avg. Annual Appreciation
-7.58%
Original Mortgage
$207,500
Outstanding Balance
$204,021
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$162,979

Purchase Details

Closed on
Nov 7, 2023
Sold by
Ryan Homes and Nvr Inc
Bought by
Chereath Roy S and Chereath Amy L

Purchase Details

Closed on
Jun 14, 2023
Sold by
Covered Bridge Sports Plex Cor
Bought by
Ryan Homes and Nvr Inc

Purchase Details

Closed on
May 23, 2023
Sold by
Covered Bridge Sports Plex Corp
Bought by
Preserve At Barnegat Bay
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
Olesky Jennifer M $415,000 Counsellors Title
Redacted Upon Request $415,000 Counsellors Title
Chereath Roy S $369,910 Legacy Title
Ryan Homes $665,000 Title America
Ryan Homes $665,000 Title America
Preserve At Barnegat Bay -- Title America
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $207,500
Closed Redacted Upon Request $207,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $415,000 0.0% $265 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $415,000 -2.4% $265 / Sq Ft
05/01/2024 05/01/24 For Sale $425,000 -- $272 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $1,267 $260,100 $80,000 $180,100
2024 $1,185 $50,000 $50,000 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411928

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00314-0000-00022-01-C0503

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