$410,000
SOLD JUL 18, 2025

506 Cyprus Ct Forked River, NJ 08731

3 Beds
2.5 Baths
-- Sq Ft
$306/ mo HOA Fee

Recently Sold

7% Below List Price

50 Days on Market

Highlights

  • New Construction
  • Bonus Room
  • Tankless Water Heater
  • Deck
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of July 2025

New Construction - Builder warranties transferable - 5 minute drive to parkway - Located in the back of the community - Modern kitchen with built in island, quartz counters, elegant backsplash and large pantry - Open concept connecting the kitchen and dining to the main living space - Half bath conveniently located on the main level - Spacious main bedroom with private full bath and large walk-in closet - 2 additional beds with a full bath - Laundry conveniently located next to bedrooms - Secondary living space with large storage closet in the basement - Deck overlooking wooded area - Pre-wired for security system - Reach out directly to the seller for showings!

Last Agent to Sell the Property

Christopher Carr

HomeZu License #0338555 Listed on: 04/21/2025

Last Buyer's Agent

Lindsey Jones

C21/ Herbertsville Real Estate License #0895242

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 436 Sq Ft Lot

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • 3-Story Property
  • Blinds
  • Family Room
  • Dining Room
  • Bonus Room
  • Wall to Wall Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Forked River Elementary School
  • Lacey Township High School

Utilities

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

Listing and Financial Details

  • Exclusions: excludes personal property
  • Assessor Parcel Number 13-00314-0000-00022-01-C0506

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,267

Year Built

Built in 2023 | New Construction

Lot Details

436 Sq Ft Lot

HOA Fees

$306 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Inclusions: Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: None
  • New Construction: Yes
  • Reso Structure Type: Townhouse
  • Year Built: 2023
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.01
  • General Property Info Farm: No
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Style Townhouse: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Rooms Bonus Room2: Yes
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.01
  • Waterfront: No
  • Exclusions: excludes personal property
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 306.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 13-00314-0000-00022-01-C0506
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1267.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Jul 9, 2025
Sold by
Manahan Steven Joseph and Allison Jean
Bought by
Palermo Elizabeth
Seller's Agent
Christopher Carr
HomeZu
Buyer's Agent
Lindsey Jones
C21/ Herbertsville Real Estate
List Price
$439,900
Sold Price
$410,000
Premium/Discount to List
-$29,900
-6.8%
Views
59
Current Estimated Value
$416,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,000
Avg. Annual Appreciation
19.70%
Original Mortgage
$287,000
Outstanding Balance
$286,513
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$173,487

Purchase Details

Closed on
Dec 18, 2023
Sold by
Covered Bridge Sports Plex Cor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,451
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2023
Sold by
Ryan Homes and Nvr Inc
Bought by
Manahan Steven Joseph and Manahan Allison Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,451
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2023
Sold by
Covered Bridge Sports Plex Cor
Bought by
Preserve At Barnegat Bay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,451
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2023
Sold by
Covered Bridge Sports Plex Corp
Bought by
Ryan Homes

Purchase Details

Closed on
May 25, 2023
Sold by
Shauger Donald and Shauger Lisa
Bought by
Gary And Pamela Morris Living Trust and Morris

Purchase Details

Closed on
May 23, 2023
Sold by
Sylvestro Drive Holdings Llc
Bought by
Hopstein Mayer N and Hopstein Chana M
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 Type Sale Price Title Company
Deed $410,000 Oceanview Title
Deed $410,000 Oceanview Title
Deed -- None Listed On Document
Deed $389,390 Title Trust
Deed -- Title America Agency
Deed $665,000 Title America
Deed $375,000 Foundation Title
Deed $210,000 None Listed On Document
Bargain Sale Deed -- Land Track Title
Bargain Sale Deed -- Land Track Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,000 New Conventional
Closed $287,000 New Conventional
Previous Owner $350,451 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Sold $410,000 -3.5% --
06/10/2025 06/10/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $424,999 -3.4% --
04/21/2025 04/21/25 For Sale $439,900 -- --
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: 22511310

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00314-0000-00022-01-C0506

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