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.
Sold for $470,000
$470,000
986 Capstan Drive, Forked River, NJ 08731
--beds
--baths
4,791Square Feet
Residential Land
Built in ----
4,791 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,484 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,484/mo
Zestimate® history
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List your homeWhat's special
Prime waterfront opportunityDesirable waterfront settingBeautiful water viewsNewer bulkhead and dock
Zillow last checked:
Listing updated:
Listed by:
Michael Greco 848-299-7613,
Keller Williams Realty West Monmouth,
Thomas Clancy 908-692-2740,
Keller Williams Realty West Monmouth
Bought with:
Rosa Mazzei, 8643804
RE/MAX at Barnegat Bay
Source: MoreMLS,MLS#: 22600289
Facts & features
Property
Features
- On waterfront: Yes
- Waterfront features: Bulkhead, Lagoon
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: Dead End Street, Cleared
Details
- Parcel number: 1300477000000043
- Zoning description: Single Family, Residential
Community & HOA
Community
- Subdivision: None
Location
- Region: Forked River
Financial & listing details
- Tax assessed value: $160,800
- Annual tax amount: $3,639
- Date on market: 1/5/2026
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $470,000-14.5% |
Source:  MoreMLS #22600289 Report a problem | ||
| 2/13/2026 | Pending sale | $550,000 |
Source: MoreMLS #22600289 Report a problem | ||
| 1/5/2026 | Listed for sale | $550,000+41.4% |
Source: MoreMLS #22600289 Report a problem | ||
| 3/7/2025 | Sold | $389,000-9.3% |
Source: Public Record Report a problem | ||
| 9/26/2024 | Listing removed | $429,000 |
Source: MoreMLS #22414773 Report a problem | ||
| 5/27/2024 | Listed for sale | $429,000+40.7% |
Source: MoreMLS #22414773 Report a problem | ||
| 4/11/2023 | Sold | $305,000-12.8% |
Source:  GSMLS #3802564 Report a problem | ||
| 11/16/2022 | Price change | $349,900-0.9% |
Source: GSMLS #3802564 Report a problem | ||
| 11/3/2022 | Price change | $353,000-4.1% |
Source: GSMLS #3802564 Report a problem | ||
| 8/17/2022 | Listed for sale | $368,000-0.5% |
Source: GSMLS #3802564 Report a problem | ||
| 8/15/2022 | Listing removed | -- |
Source: GSMLS #3782286 Report a problem | ||
| 5/15/2022 | Listed for sale | $369,900 |
Source: GSMLS #3782286 Report a problem | ||
| 4/8/2022 | Listing removed | -- |
Source: GSMLS #3745201 Report a problem | ||
| 10/28/2021 | Price change | $369,900-5.2% |
Source: GSMLS #3745201 Report a problem | ||
| 10/7/2021 | Listed for sale | $389,995+95% |
Source: GSMLS #3745201 Report a problem | ||
| 9/20/2021 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $3,639 +1.7% | $160,800 |
| 2022 | $3,578 | $160,800 |
| 2021 | $3,578 +5.2% | $160,800 |
| 2020 | $3,403 +1.2% | $160,800 |
| 2019 | $3,362 +2.3% | $160,800 |
| 2018 | $3,285 +0.4% | $160,800 |
| 2017 | $3,272 +4.7% | $160,800 |
| 2016 | $3,126 -30.3% | $160,800 |
| 2015 | $4,486 +4.4% | $160,800 -38.3% |
| 2014 | $4,295 -16.9% | $260,800 -25.9% |
| 2012 | $5,169 +2.4% | $352,100 |
| 2011 | $5,049 +1.6% | $352,100 |
| 2010 | $4,972 +10.6% | $352,100 |
| 2009 | $4,494 -0.7% | $352,100 +157.9% |
| 2008 | $4,525 | $136,500 |
| 2007 | -- | $136,500 |
| 2006 | $4,062 | $136,500 |
| 2004 | -- | $136,500 |
| 2003 | -- | $136,500 |
| 2002 | -- | $136,500 |
| 2001 | -- | $136,500 |
Find assessor info on the county website
Neighborhood: Sunrise Beach
Nearby homes
- $470,4002 bd1 ba704 sqft984 Capstan Dr, Forked River, NJ 08731Off Market
- $842,0003 bd2 ba1.4k sqft988 Capstan Dr, Forked River, NJ 08731Off Market
- $611,6003 bd2 ba1.6k sqft980 Capstan Dr, Forked River, NJ 08731Off Market
- $748,8003 bd2 ba1.8k sqft990 Capstan Dr, Forked River, NJ 08731Off Market
- $584,2003 bd1 ba1.3k sqft963 Capstan Dr, Forked River, NJ 08731Off Market
- $622,5003 bd2 ba1.4k sqft965 Capstan Dr, Forked River, NJ 08731Off Market
- $785,3004 bd2 ba2.4k sqft961 Capstan Dr, Forked River, NJ 08731Off Market
- $894,5003 bd3 ba2.2k sqft967 Capstan Dr, Forked River, NJ 08731Off Market
Nearby schools
GreatSchools rating
- 4/10Lanoka Harbor Elementary SchoolGrades: 1-5Distance: 2.4 mi
- 5/10Lacey Twp Middle SchoolGrades: 6-8Distance: 2.7 mi
- 4/10Lacey Twp High SchoolGrades: 9-12Distance: 2.5 mi
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.
- New Jersey
- Ocean County
- Forked River
- 08731
- Sunrise Beach
- 986 Capstan Drive
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Nearby zip codes
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