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For sale
  • Price cut: $79.1K (6/20)
    $649,900

    1201 Koa Drive, Forked River, NJ 08731

    3beds
    2,791sqft
    : 
    $4,393/mo
    Get pre-qualified
    Single Family Residence
    Built in 1988
    5,662 Square Feet Lot
    $651,800 Zestimate®
    $233/sqft
    $-- HOA

    What's special

    Prime waterfront locationLarge corner propertyAdditional sitting areaStunning lagoon views
    BRAND NEW BULKHEAD BEING INSTALLED!! Rare waterfront opportunity! This 3-bedroom home with additional sitting area and 3 full bathrooms is a true diamond in the rough, perfectly situated on a large corner property with stunning lagoon views. The home features a spacious sitting room with a fireplace overlooking the water-an ideal space to create your dream retreat. The first level has already been gutted, offering a blank canvas ready for renovation and customization to your taste. Being sold strictly as-is, this property presents incredible potential for investors, builders, or buyers looking to design their own waterfront oasis. Don't miss this unique chance to transform a prime waterfront location into something truly special!
    101 days
    |
    2,746
    |
    89
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol L Whitmore 908-432-4865,

    Coldwell Banker Realty

    Source: MoreMLS,MLS#: 22610317MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom
      • Area: 130
      • Dimensions: 13 x 10
      Bedroom
      • Area: 132
      • Dimensions: 12 x 11
      Other
      • Area: 192
      • Dimensions: 16 x 12
      Dining room
      • Area: 144
      • Dimensions: 12 x 12
      Family room
      • Area: 304
      • Dimensions: 19 x 16
      Kitchen
      • Area: 120
      • Dimensions: 12 x 10
      Living room
      • Area: 460
      • Dimensions: 23 x 20
      Heating
      • Natural Gas, Electric, Forced Air
      Cooling
      • Electric, Central Air
      Features
      • Balcony
      • Flooring: Tile
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,791
      • Total interior livable area: 2,791 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Oversized, Workshop in Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      • Exterior features: Dock
      • On waterfront: Yes
      • Waterfront features: Bulkhead, Lagoon
      Lot
      • Size: 5,662 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 1300181000000012
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Forked River

      Financial & listing details

      • Price per square foot: $233/sqft
      • Tax assessed value: $372,700
      • Annual tax amount: $10,193
      • Date on market: 4/17/2026
      • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator, Garage Door Opener
      • Exclusions: Personal items

        Estimated market value

        $651,800

        $619,000 - $684,000

        $3,787/mo

        Price history

        DateEventPrice
        6/20/2026Price change$649,900-10.9%$233/sqft
        Source: MoreMLS #22610317 Report a problem
        4/17/2026Listed for sale$729,000+82.3%$261/sqft
        Source: MoreMLS #22610317 Report a problem
        8/5/2010Listing removed$399,900$143/sqft
        Source: Weichert Realtors #21004279 Report a problem
        3/30/2010Price change$399,900-5.9%$143/sqft
        Source: Weichert Realtors #21004279 Report a problem
        10/21/2009Price change$425,000-5.6%$152/sqft
        Source: Weichert Realtors #20928769 Report a problem
        8/1/2009Listed for sale$450,000$161/sqft
        Source: Weichert Realtors #20928769 Report a problem
        5/2/2009Listing removed$450,000$161/sqft
        Source: RealBird #3018083 Report a problem
        3/4/2008Listed for sale$450,000$161/sqft
        Source: RealBird #3018083 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$8,434 +1.7%$372,700
        2022$8,293 $372,700
        2021$8,293 +5.2%$372,700
        2020$7,886 +1.2%$372,700
        2019$7,793 +2.3%$372,700
        2018$7,614 +0.4%$372,700
        2017$7,584 +4.7%$372,700
        2016$7,245 -9.2%$372,700
        2015$7,981 +4.4%$372,700 -19.7%
        2014$7,642 +7.9%$464,000
        2013$7,081 +4%$464,000
        2012$6,812 +2.4%$464,000
        2011$6,654 +1.6%$464,000
        2010$6,552 -4.9%$464,000
        2009$6,890 -0.7%$464,000 +121.7%
        2008$6,938 $209,300
        2007-- $209,300
        2006$6,229 $209,300
        2004-- $209,300
        2003-- $209,300
        2002-- $209,300
        2001-- $209,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bayside Beach

        Getting around

        2 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Lacey Township

        Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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