23 Penn Place
Forked River, NJ 08731
Cranberry Hill- 5 Beds
- 4.5 Baths
- 2,949 sqft (on 0.36 acres)
$830,000
Last Sold: Apr 23, 2026
2% below list $845K
$281/sqft
Est. Refi. Payment $5,342/mo*
$830,000
Last Sold: Apr 23, 2026
2% below list $845K
$281/sqft
Est. Refi. Payment $5,342/mo*
5 Beds
4.5 Baths
2,949 sqft
(on 0.36 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2002
Lot Size
0.36 acres
Living Area
2,949 sqft
Price/Sqft
$281/sqft
Parking
2 Car Garage
About this House
Situated in the highly sought-after Cranberry Hill section of Forked River, this beautifully maintained custom colonial offers a perfect blend of space, comfort, and functionality. This home features a grand 2 story foyer and a 1st floor bedroom with a handicap accessible full bath. Hardwood floors flow throughout the formal living room, sunken family room, kitchen and dining area. The kitchen offers a stainless steel appliance package and dining area with French doors leading to the back deck. A bonus office is conveniently located off the family room. The laundry room includes built in cabinets, utility sink and tile floor, while the powder room also features tile flooring. The spacious primary suite boasts a cathedral ceiling and a luxurious bath with double sinks, jetted corner tub... custom cabinetry with granite countertops, tile flooring, and a double shower. The full basement is partially finished and includes a full bath, storage area, and a walk-out access. Step outside to a private, beautifully landscaped backyard oasis with a built in heated in ground pool, waterfall feature, and paver patio. This home combines comfort, accessibility, and resort style outdoor living, making it truly a special offering.
* Some photos are enhanced CINCH HOME WARRANTY INCLUDED
* Some photos are enhanced CINCH HOME WARRANTY INCLUDED
23 Penn Place, Forked River, NJ 08731 is a 5 bedroom, 5 bathroom, 2,949 sqft single-family home in Cranberry Hill, built in 2002. It last sold for $830,000 on Apr 23, 2026 (2% below the $845,000 asking price). It is currently off market. The Trulia Estimate is $832,000, with a rent estimate of $5,651/month.
Home Details for 23 Penn Place
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Interior Details Basement: Ceilings - High,Full,Heated,Partially Finished,Walk-Out Access |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2949 Square Feet |
Heating & Cooling Heating: Natural Gas,Forced Air,2 Zoned HeatHas CoolingAir Conditioning: 2 Zoned ACHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Has a FireplaceNo Spa |
Windows, Doors, Floors & Walls Door: Bilco Style DoorsFlooring: Ceramic Tile, Wood |
Levels, Entrance, & Accessibility Stories: 2Accessibility: Handicap EquippedFloors: Ceramic Tile, Wood |
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Exterior Home Features Exterior: Swimming, LightingHas a Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Paved,Asphalt,Double Wide Drive,Driveway,Off Street,Oversized |
Pool Pool: See Remarks, Fenced, In Ground, Pool Equipment, VinylPool |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Custom,Colonial |
Building Construction Materials: Brick |
Property Information Not Included in Sale: Personal Property, Car Lift and Refrigerator in GarageIncluded in Sale: Outdoor Lighting, Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Stove Hood, Refrigerator, Garbage Disposal, Garage Door Opener, Gas CookingParcel Number: 1301631020001308 |
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Price List Price: $845,000Price Per Sqft: $281/sqft |
Status Change & Dates Off Market Date: Fri Mar 06 2026 |
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MLS Status: Closed |
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Direction & Address City: Forked RiverCommunity: Cranberry Hill |
School Information High School: Lacey Township |
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Building Area Building Area: 2949 Square Feet |
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No HOA |
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Lot Area: 0.36 acres |
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BasementMls Number: 22601919Attic: Attic |
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Source Internet Entire Listing Display |
Last check for updates: about 16 hours ago
Listed by Janice M Martin, (908) 403-3922
C21/ Action Plus Realty
Bought with: Janice M Martin, (908) 403-3922, C21/ Action Plus Realty
Source: MoreMLS, MLS#22601919

Price History for 23 Penn Place
| Date | Price | Event | Source |
|---|---|---|---|
| 04/23/2026 | $830,000 | Sold | MoreMLS #22601919 |
| 03/09/2026 | $845,000 | Pending | MoreMLS #22601919 |
| 02/17/2026 | $845,000 | PendingToActive | MoreMLS #22601919 |
| 02/03/2026 | $845,000 | Pending | MoreMLS #22601919 |
| 01/21/2026 | $845,000 | Listed For Sale | MoreMLS #22601919 |
| 05/16/2018 | $355,000 | Sold | MoreMLS #21802729 |
| 04/05/2018 | $374,400 | Pending | Agent Provided |
| 02/22/2018 | $374,400 | PriceChange | Agent Provided |
| 01/25/2018 | $416,000 | Listed For Sale | Agent Provided |
| 01/18/2017 | $301,000 | Sold | N/A |
| 03/25/2002 | $368,953 | Sold | N/A |
Market trends in Forked River
Last updated June 2026
Avg. sale price
$590K
$17.48KMoM
Sale-to-List Price
99.8%
Price per sq ft
$313
$7MoM
Available listings
108
5MoM
Property Tax and Assessment
| Year | 2023 |
|---|---|
| Tax | $10,331 |
| Assessment | $456,500 |
Home facts updated by county records
Comparable Sales for 23 Penn Place
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.41 | Single-Family Home | $760,000 | 05/20/26 | 4 | 2.5 | 2,600 | |
0.33 | Single-Family Home | $740,000 | 04/22/26 | 4 | 2.5 | 2,850 | |
0.48 | Single-Family Home | $725,000 | 03/24/26 | 5 | 3 | 2,608 | |
0.27 | Single-Family Home | $560,000 | 11/18/25 | 4 | 2.5 | 1,866 | |
0.40 | Single-Family Home | $595,000 | 02/06/26 | 3 | 2 | 2,658 | |
0.50 | Single-Family Home | $599,900 | 07/31/26 | 4 | 3 | 2,562 | |
0.51 | Single-Family Home | $660,000 | 03/31/26 | 4 | 2.5 | 2,398 | |
0.34 | Single-Family Home | $612,500 | 11/17/25 | 3 | 2.5 | 1,904 | |
0.78 | Single-Family Home | $810,000 | 08/22/25 | 5 | 3 | 3,676 |
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