262 Wallace Ave, Forked River, NJ 08731
Property image
Property image
OFF MARKET

$492,400

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 1,701 sqft

262 Wallace Ave, Forked River, NJ 08731

Est. Refi. Payment $3,202/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2017 for $256,000

Home Value

Trulia Estimate
$492K
Since last month
Decreased$4K (-0.8%)
Since last year
Increased$15K (+3.2%)
Since last sale
Increased$236K (+92.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +94% in the last 10 years
MonthEstimated value
2026
August 2026$492K
July 2026$496K
June 2026$499K
May 2026$492K
April 2026$485K
March 2026$483K
February 2026$476K
January 2026$471K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
321 Letts Avenue, Forked River, NJ
0.17
Single-Family Home
$500,000
05/14/26
3
2.5
1,612
1427 Foch Ave, Forked River, NJ
0.42
Single-Family Home
$485,000
02/02/26
3
2.5
1,740
255 Cherokee Trail, Forked River, NJ
0.18
Single-Family Home
$490,000
09/22/25
3
2
1,900
259 Station Dr, Forked River, NJ
0.02
Single-Family Home
$426,500
06/23/26
2
2.5
1,334
217 Lenape Trl, Forked River, NJ
0.18
Single-Family Home
$549,900
05/30/26
4
2.5
2,600
304 Shepard Ave, Forked River, NJ
0.32
Single-Family Home
$469,000
05/08/26
3
2.5
1,888
214 Davis Avenue, Forked River, NJ
0.23
Single-Family Home
$440,000
06/05/26
3
2
1,240
503 Center Street, Forked River, NJ
0.45
Single-Family Home
$387,500
12/19/25
3
2
1,248
1620 Ewart Road, Forked River, NJ
0.52
Single-Family Home
$625,000
06/01/26
3
2.5
1,800
1316 Wood Avenue, Forked River, NJ
0.31
Single-Family Home
$355,900
12/03/25
3
1.5
1,260

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
260 Wallace Avenue, Forked River, NJ 08731
0.01
-
3
2
1,312
Off Market
259 Station Dr, Forked River, NJ 08731
0.02
$426,500
2
2.5
1,334
Recently Sold
250 Station Dr, Forked River, NJ 08731
0.04
$594,000
3
2
-
For Sale
303 Station Drive, Forked River, NJ 08731
0.04
$489,400
4
2
1,988
Off Market
268 Central Lake Drive, Forked River, NJ 08731
0.04
$484,700
3
2
1,464
Off Market
245 Station Dr, Forked River, NJ 08731
0.06
$381,900
2
1
1,136
Off Market
365 Lake Ave, Forked River, NJ 08731
0.07
$565,000
4
2.5
1,815
Off Market
265 Falkenburgh Avenue, Forked River, NJ 08731
0.08
$383,300
3
1
878
Off Market
274 Falkenburgh Avenue, Forked River, NJ 08731
0.08
$371,700
2
1
-
Off Market
306 Station Drive, Forked River, NJ 08731
0.08
$554,600
4
2.5
1,761
Off Market
240 Wainwright Street, Forked River, NJ 08731
0.09
$499,000
2
2
868
For Sale
432 Center St, Forked River, NJ 08731
0.10
$608,300
4
3
2,118
Off Market

Local Information

  • Map ViewExplore the area around 262 Wallace Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2001
Living Area
1,701 sqft
Price/Sqft
$289
Parking
Garage

About this House

Charming colonial with open front porch only one block from swimming lake which you can view from porch. Large master bedroom with private bath. Hardwood floors though-out whole house with the exception of ceramic tile in kitchen and baths. Vaulted dining area in kitchen which features Granite counter tops and stainless steel appliances. Vinyl fenced back yard with large deck accessed by French doors. Large family room with stone accent wall with built-in electric fireplace. Attached garage and BASEMENT. Central AC. Convenient location near GSP, shopping, lakes, and Barnegat Bay.
262 Wallace Ave, Forked River, NJ 08731 is a 3 bedroom, 3 bathroom, 1,701 sqft single-family home built in 2001. It last sold for $256,000 on May 15, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $492,400, with a rent estimate of $3,357/month.

Home Details for 262 Wallace Ave

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: OtherDeckExterior: VinylFoundation Type: ConcretePatio
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 4000 sqft

Price and Tax history

DateEventPrice
May 15, 2017
Source: MoreMLS #21710838
Sold
$256,000
Mar 31, 2017
Source: Agent Provided
Pending
$250,000
Mar 22, 2017
Source: Agent Provided
Listed For Sale
$250,000
Sep 18, 2014
Source: MoreMLS #21427401
Sold
$244,000
Aug 5, 2014
Source: Agent Provided
PriceChange
$244,000
Price decreased by 3%

Market trends in Forked River

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$551K
$51.97KMoM
Sale-to-List Price
99.6%
Price per sq ft
$329
$12MoM
Available listings
114
6MoM

Around this home

What Locals Say about Forked River

At least 149 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 93 % Say yards are well-kept

  • 91 % Say car is needed

  • 91 % Say it's dog friendly

  • 84 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 75 % Say people would walk alone at night

  • 71 % Say kids play outside

  • 66 % Say neighbors are friendly

  • 66 % Say they plan to stay for at least 5 years

  • 55 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 35 % Say there are community events

  • 34 % Say streets are well-lit

  • 32 % Say it's walkable to grocery stores

  • 15 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Kendall Fuller
    "great neighborhood a solid sense community with neighbors. it’s a safe place to raise children "
    0
    Flag
  • Edward Parin
    "It’s the best hidden spot in NJ ! Peaceful, safe and friendly people all over ! Wildlife and nature all around ! It’s just plain wonderful "
    0
    Flag
  • Edward Parin
    "Great neighborhood for dog walks and, plenty of parks. Their are many people who own pets and dog parks"
    0
    Flag
  • Nrsedebby
    "Plenty of parks for kids. Lakes and recreation. Schools are good daycares plentiful. Kid friendly restaurants. "
    0
    Flag
  • Jacobleiva945
    "The school is right next to the city. So it is an easy walk to and from there every morning. Including the bus stop, which is just down the street. Very safe and efficient."
    0
    Flag
  • Bob M.
    "I recently moved over here, a very nice area, with easy access to everything you’ll need, super nice and welcoming neighbors."
    2
    Flag
  • Trulia User
    "My commute is great because of the easy access to major highways. Also public transportation is within walking distance."
    1
    Flag
  • Marykatemcd
    "I just moved in and the neighbors are very friendly and it is quiet here, and thoroughly well maintained. Nice place to take a walk"
    7
    Flag
  • Ssegarra0529
    "There are nice houses. it is a very nice area. The streets look clean and so do the sidewalks and the neighborhood."
    0
    Flag
  • Nrsedebby
    "We have Halloween gatherings beautiful lakes and ocean not far away. I feel safe here. Many notable restaurants and stores to shop. "
    1
    Flag
  • China
    "Not a lot of places for kids to hang out. It’s a bit boring. Great place for a beach home. Schools are ok, not the worst but not the best either."
    2
    Flag
  • Jasmine.ballard
    "Highland Avenue station was nearby although the stop wasn’t as demanding as others. The train to NY Penn was about 45 mins top. The neighborhoods is pretty quiet. "
    0
    Flag
  • Nrsedebby
    "I lived here my whole life. Safe and friendly neighborhood . Quiet and peaceful and all necessities are close restaurants are good"
    7
    Flag
  • Nrsedebby
    "Would like the friendly atmosphere and easy access to the parkway, beaches and stores, people are dog friendly and there are plenty of parks and veterinarian facilities. "
    1
    Flag
  • Nrsedebby
    "I have lived here my whole life. I’ve seen it grow and change. I feel safe and happy here. There are lakes and trails, parks and events. The schools are wonderful and maintained. I have raised a family and now have grandchildren nephews and nieces who are close by. "
    3
    Flag
  • Dawn S.
    "Lots of places to walk your dog, lots of parks, and there is a water park type thing in the lake come summer time"
    2
    Flag
  • Leah C.
    "People drive like maniacs down every road but I’ve been here my whole life and it’s a great place to grow up. "
    1
    Flag
  • Maggio513
    "I lived here 2 years now and it’s a very quiet area to live.very close to the shore areas and parkway "
    6
    Flag
  • Trulia User
    "Dogs are welcome in the neighborhood. Many people are out with there animals and it is a safe friendly area. "
    1
    Flag
  • Adelaney0321
    "We only have a two month old but I know he will grow up with a great support system of neighbors within a great community. "
    2
    Flag
  • Melony S. G.
    "Ive lived here for over 20 yrs grew up here and love it. Beautiful beaches and lakes. I love to fish so its perfect for me. Then u have the Marinas the docks the saltwater fishing also good. A few good restaurants. Lots of parks and things to do. Enos pond is a favorite."
    10
    Flag
  • Nicholas C.
    "My neighborhood is very safe and family friendly. Close to Atlantic City, NYC, Philadelphia and many different shore hot spots for the summer."
    1
    Flag
  • camille
    "Bamber is not exactly quiet. We enjoy off road and 4x4 but don't like anyone else to. We are close knit and territorial. We are mostly bluecollar small business owners who prefer outsiders stay that way. You need an invite."
    0
    Flag
  • Cdelbuono_10
    "The parades are great! This town really comes together when there are families in need whether it be a sick family member or in need of help. "
    0
    Flag
  • Nikkifresh123
    "There are plenty of side walks to walk your dog and nice quiet streets with minimal traffic. There are a lot of people with pets in the neighborhood too."
    0
    Flag
  • Njpeacebug
    "Several gatherings in the park for families and kids. Schools work a long with the community to keep kids safe. Good schools that promote Pride. "
    0
    Flag
  • Donald F.
    "Peaceful neighborhood in the middle of the pine barrens. Close enough to stores but far enough for country living."
    0
    Flag
  • Kevin H.
    "You can walk dogs at all times of the day and feel safe. There are always people walking dogs on the streets and typically everyone is friendly enough and will acknowledge you walking by."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 262 Wallace Ave

  • What is 262 Wallace Ave estimated to be worth?
    Trulia's estimated value for 262 Wallace Ave in Forked River, NJ is $492,400.
  • What is the price history for 262 Wallace Ave?
    262 Wallace Ave in Forked River, NJ last sold for $256,000 in May 2017.
  • Is Forked River a buyer's or seller's market?
    Forked River is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Forked River?
    The median sale price in Forked River is $551K. That is down $51.97K from the prior month.
  • Does 262 Wallace Ave have air conditioning?
    Yes, 262 Wallace Ave in Forked River, NJ has air conditioning.
  • How big is the lot at 262 Wallace Ave?
    The lot at 262 Wallace Ave in Forked River, NJ is about 0.09 acres (4,000 sq ft).

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