$470,000
SOLD MAR 23, 2026

986 Capstan Dr Forked River, NJ 08731

0.11 Acre
$4,272,727 Price per Acre
4,792 Sq Ft Lot

Sale Details

Date Sold: March 23, 2026

15% Below List Price

39 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Lot

As of March 2026

Prime waterfront opportunity in Forked River. This cleared 50' x 100' residential lot offers beautiful water views and is ready for a custom waterfront home. The property features a newer bulkhead and dock. The seller has already completed key preliminary work, including architectural plans, flood elevation, and plot plan. Final engineering approval is the only remaining step, creating an excellent opportunity for an investor or a buyer looking to build a custom waterfront home. Ideally located within walking distance to Sunrise Beach Pavilion, this lot offers a desirable waterfront setting with convenient access to nearby amenities and recreation.

Last Agent to Sell the Property

Michael Greco

Keller Williams Realty West Monmouth License #1861235 Listed on: 01/05/2026

Keller Williams Realty West Monmouth

Co-Listed By

Thomas Clancy

Keller Williams Realty West Monmouth License #1863235

Last Buyer's Agent

Rosa Mazzei

RE/MAX at Barnegat Bay License #8643804

RE/MAX at Barnegat Bay

Property Details

Property Type

  • Land

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Home fronts a lagoon or estuary
  • Street terminates at a dead end
  • Cleared Lot

Outdoor Features

  • Property near a lagoon
  • Electricity Available at Street
  • Bulkhead

Schools

  • Lacey Township High School

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 13-00477-0000-00043

Property Details

Property Type

Land

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Dead End Street, Lagoon, Cleared
  • Reso View: Waterview
  • Co List Office Mls Id: 1693
  • Co List Office Phone: 732-536-9010
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Water Type Bulkhead: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.11
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 13-00477-0000-00043
  • Zoning Description: Single Family, Residential

MLS Schools

  • High School: Lacey Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Walsh Michael and Walsh Kathleen Hyde
Bought by
Akl Home Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,000
Outstanding Balance
$300,132
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$244,229

Purchase Details

Closed on
Aug 5, 2024
Sold by
Sand And Surf Properties Limited Partner
Bought by
Walsh Michael and Walsh Kathleen Hyde

Purchase Details

Listed on
Nov 23, 2022
Closed on
Apr 7, 2023
Sold by
Srl Properties Llc
Bought by
Sand And Surf Properties Limited Partnership
Seller's Agent
Sandra Barroso
Lifestyle International Realty
Buyer's Agent
Michael Walsh
Weichert Realtors-Ship Bottom
List Price
$349,900
Sold Price
$305,000
Premium/Discount to List
-$44,900
-12.83%
Views
449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Vincentini Karen
Bought by
Srl Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $389,000 Stewart Title
Deed $389,000 Stewart Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Bargain Sale Deed $305,000 Surety Title
Bargain Sale Deed $305,000 Surety Title
Deed $200,000 Pegasus Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $706,000 Construction
Closed $706,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2026 03/23/26 Sold $470,000 -14.5% --
02/13/2026 02/13/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $550,000 +80.3% --
04/12/2023 04/12/23 Sold $305,000 -12.8% $169 / Sq Ft View Prior Sale
11/23/2022 11/23/22 For Sale $349,900 -- $194 / 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 $4,444 $162,500 $162,500 --
2024 $3,809 $160,800 $160,800 --
2023 $3,639 $160,800 $160,800 $0
2022 $3,639 $160,800 $160,000 $800
2021 $3,578 $160,800 $160,000 $800
2020 $3,464 $160,800 $160,000 $800
2019 $3,403 $160,800 $160,000 $800
2018 $3,362 $160,800 $160,000 $800
2017 $3,285 $160,800 $160,000 $800
2016 $3,272 $160,800 $160,000 $800
2015 $3,126 $160,800 $160,000 $800
2014 $4,486 $260,800 $260,000 $800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22600289

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00477-0000-00043

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