NOT LISTED FOR SALE

702 Chesapeake Dr Forked River, NJ 08731

Lacey Area

Estimated Value: $426,000 - $518,000

4 Beds
1 Bath
1,190 Sq Ft
$392/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $455,000 $382 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,103 / mo

28 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Home fronts a lagoon or estuary
  • Rambler Architecture
  • 1 Dock Slip
  • Deck
  • 3-minute walk to Vincent Clune Park

About This Home

As of May 2025

Waterfront Paradise**This 4 Bedroom home offers easy boating access to a variety of local restaurants, all without venturing into the bay. Nestled directly across from Tices Shoal, this property offers a unique blend of convenience and tranquility. As you step inside, you'll find the Kitchen that flows seamlessly into the cozy living space area, perfect for entertaining. The four spacious bedrooms provide ample room for relaxation. Outside, enjoy the newer Vinyl bulkhead that enhances your waterfront experience, allowing for direct waterway access. Spend your days kayaking, fishing, or simply soaking in the sun from your private dock. The location is ideal for those who appreciate the vibrant atmosphere of nearby dining options, all easily reachable by boat. Whether you're seeking a full-time residence or a seasonal retreat, this charming home offers an unparalleled waterfront lifestyle.

Last Agent to Sell the Property

Derek Stephensen

(609) 693-5002 forkedriver@rbbre.com RE/MAX at Barnegat Bay - Forked River Listed on: 03/20/2025

RE/MAX at Barnegat Bay - Forked River

Co-Listed By

Nicole Sabarese

(609) 693-5002 forkedriver@rbbre.com RE/MAX at Barnegat Bay - Forked River License #8741656

Last Buyer's Agent

Derek Stephensen

(609) 693-5002 forkedriver@rbbre.com RE/MAX at Barnegat Bay - Forked River Listed on: 03/20/2025

RE/MAX at Barnegat Bay - Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,053

Year Built

  • Built in 1965

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 60.00 x 80.00
  • Home fronts a lagoon or estuary
  • 60 Feet of Waterfront
  • Home fronts navigable water
  • Chain Link Fence
  • Property is zoned R-75

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,190 Sq Ft Home
  • Property has 1 Level
  • Slate Flooring
  • Water Views
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Property near a lagoon
  • Bulkhead
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forked River Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 13-00148 01-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,053

Year Built

Built in 1965

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: personal property
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Slate
  • Interior Amenities: Kitchen - Island
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1190
  • Living Area Sq Ft: 1190
  • Price Per Sq Ft: 399.16
  • Above Grade Finished Sq Ft: 1190
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Shingle
  • View: Water
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Chain Link
  • Lot Features: Bulkheaded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 60.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R-75

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6053.00
  • Assessor Parcel Number: 13-00148 01-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 23, 2025
Sold by
Bought by
Seller's Agent
Derek Stephensen
RE/MAX at Barnegat Bay - Forked River
Buyer's Agent
Derek Stephensen
RE/MAX at Barnegat Bay - Forked River
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Views
60
Current Estimated Value
$465,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,910
Avg. Annual Appreciation
2.03%
Original Mortgage
$250,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$455,000 Chicago Title
$455,000 Chicago Title
$132,000 Red Bank Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $455,000 -4.2% $382 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $475,000 -- $399 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,534 $238,900 $148,000 $90,900
2025 $6,534 $238,900 $148,000 $90,900
2024 $5,660 $238,900 $148,000 $90,900
2023 $5,406 $238,900 $148,000 $90,900
2022 $5,406 $238,900 $148,000 $90,900
2021 $5,316 $238,900 $148,000 $90,900
2020 $5,146 $238,900 $148,000 $90,900
2019 $5,055 $238,900 $148,000 $90,900
2018 $4,995 $238,900 $148,000 $90,900
2017 $4,881 $238,900 $148,000 $90,900
2016 $4,862 $238,900 $148,000 $90,900
2015 $4,644 $238,900 $148,000 $90,900
2014 $5,160 $300,000 $248,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2032576

Bright MLS

APN: 13-00148-01-00002

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