NOT LISTED FOR SALE

986 Capstan Dr Forked River, NJ 08731

Lacey Area

Estimated Value: $466,000 - $526,363

0.11 Acres
$4,491,736 Price per Acre
4,792 Sq Ft Lot

Sale Details

Date Sold: March 23, 2026

Last sale price $470,000

Est. 5% increase in value since last sale

Current estimated payment $3,083 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

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
Jan 5, 2026
Closed on
Mar 16, 2026
Sold by
Akl Home Management Llc
Bought by
Seller's Agent
Michael Greco
Keller Williams Realty West Monmouth
Buyer's Agent
Rosa Mazzei
RE/MAX at Barnegat Bay
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Views
21
Current Estimated Value
$494,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,091
Avg. Annual Appreciation
12.64%

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
Interest Rate
6.16%
Mortgage Type
Construction

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
15.39%

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Forked River, NJ

  • Jennifer Knorr Real Estate Agent - Keller Williams Realty Preferred Properties

    Jennifer Knorr

    Keller Williams Realty Preferred Properties

    (609) 622-4215

    69 Total Sales

    5 in Lacey

    $215K - $675K Price Range

    Jennifer Knorr
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  • Rosie McGeehan Real Estate Agent - Exit Realty Jersey Shore

    Rosie McGeehan

    Responds Quickly

    Exit Realty Jersey Shore

    (848) 301-2515

    92 Total Sales

    12 in Lacey

    $255K - $550K Price Range

    Rosie McGeehan
     Section Image
  • Mary Shannon Cooper Real Estate Agent - Fathom Realty NJ, LLC

    Mary Shannon Cooper

    Fathom Realty NJ, LLC

    (609) 622-4572

    84 Total Sales

    7 in Lacey

    $40K - $600K Price Range

    Mary Shannon Cooper
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  • Valerie Dickson Real Estate Agent - RE/MAX at Barnegat Bay

    Valerie Dickson

    RE/MAX at Barnegat Bay

    (848) 277-0659

    65 Total Sales

    11 in Lacey

    $365K - $700K Price Range

    Valerie Dickson
     Section Image
  • Edward Ramiza Real Estate Agent - Coldwell Banker Home Connection

    Edward Ramiza

    Coldwell Banker Home Connection

    (609) 891-3982

    96 Total Sales

    6 in Lacey

    $65K - $435K Price Range

    Edward Ramiza
     Section Image
  • John DeStefano Real Estate Agent - RE/MAX First Realty

    John DeStefano

    RE/MAX First Realty

    (347) 281-7828

    178 Total Sales

    5 in Lacey

    $105K - $450K Price Range

    John DeStefano
     Section Image
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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
$470,000 Coastline Title
Akl Home Management Llc $389,000 Stewart Title
Walsh Michael -- None Listed On Document
Sand And Surf Properties Limited Partnership $305,000 Surety Title
Srl Properties Llc $200,000 Pegasus Title Agency Llc
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
Closed $706,000
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 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

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 $4,444 $162,500 $162,500
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

  • MG

    Seller's Agent in 2026

    Michael Greco

    Keller Williams Realty West Monmouth

    (848) 299-7613

    100 Total Sales

    Michael Greco
    Section Image
  • Thomas Clancy Real Estate Agent - Keller Williams Realty West Monmouth

    Seller Co-Listing Agent in 2026

    Thomas Clancy

    Keller Williams Realty West Monmouth

    (908) 692-2740

    112 Total Sales

    Thomas Clancy
    Section Image
  • Rosa Mazzei Real Estate Agent - RE/MAX

    Buyer's Agent in 2026

    Rosa Mazzei

    RE/MAX

    (732) 300-0403

    76 Total Sales

    Rosa Mazzei
    Section Image

  • SB

    Seller's Agent in 2023

    Sandra Barroso

    Lifestyle International Realty

    Section Image

  • MW

    Buyer's Agent in 2023

    Michael Walsh

    Weichert Realtors-Ship Bottom

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22600289

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 13-00477-0000-00043

New Jersey Ocean County Forked River 08731

986 Capstan Dr, Forked River, NJ

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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