5 Penn Place, Forked River, NJ 08731
SOLDAPR 8, 2024

5 Penn Place
Forked River, NJ 08731

  • 4 Beds
  • 3 Baths
  • 3,692 sqft (on 0.71 acres)
  • 4 Beds
  • 3 Baths
  • 3,692 sqft (on 0.71 acres)

$852,000

Last Sold: Apr 8, 2024
4% over list $820K
$231/sqft
Est. Refi. Payment $5,698/mo*

Homes for Sale Near 5 Penn Place

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from April 11, 2024
Penn Place is Cranberry Hill's best-kept secret! This stunning residence stands as the largest model in the development and boasts 4 (possibly 5) bedrooms, 2.5 bathrooms, and an impressive 3,692 square feet of living space. Situated on .71 acres, it features a premium lot that was carefully selected during its construction. As you step inside through the 2-story foyer, you'll immediately be embraced by an abundance of natural light and the gleaming hardwood floors that flow throughout. The open floorplan creates a seamless flow between the rooms, making it perfect for both everyday living and entertaining. Formal living room & dining rooms exude elegance, adorned with crown molding and offering a bright and airy atmosphere. The beautiful eat-in kitchen is a chef's dream, boasting 42'' cabinets, recessed lighting, a center island, and a spacious pantry to store all your culinary essentials. The Expansive sunken family room is a true masterpiece complete with beautiful wood flooring, a cozy fireplace with exquisite decorative molding, and a convenient back staircase, perfect for gathering with loved ones or enjoying a quiet evening by the fire. Retreat to the master bedroom, a tranquil haven, offering a sitting area, tray ceilings, and not one, but two walk-in closets. The master bathroom was designed for relaxation and indulgence and boasts a luxurious soaking tub, an electric fireplace, double sinks, and a walk-in linen closet.
In addition to the main living areas, this home also boasts a full finished basement, providing even more space for recreation and storage. Outside, the backyard is an oasis of its own, with a two-tiered deck that's ideal for entertaining. The highlight, however, is the Gunite saltwater pool, perfect for cooling off on hot summer days. Raised garden beds add a touch of charm, and with sprinklers on a well for irrigation, maintaining the lush landscaping is a breeze. Don't miss out on this exceptional opportunity to make this home your own. Schedule your showing today!

Home Highlights

Parking
2 Car Garage
Outdoor
Deck, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$231/sqft
Listed
89 days ago

Home Details for 5 Penn Place

Interior Features

Interior Details
Basement: Finished,Full
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 3692 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: 2Has a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Bay/Bow WindowDoor: French DoorsFlooring: Tile, Wood, Other
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Tile, Wood, Other

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckOther Structures: Shed(s)Exterior: SwimmingHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Double Wide Drive,Direct Access
Pool
Pool: Gunite, In Ground, Salt WaterPool
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial
Building
Construction Materials: Brick
Property Information
Parcel Number: 1301631020001316

Price & Status

Price
List Price: $819,900Price Per Sqft: $231/sqft
Status Change & Dates
Off Market Date: Mon Feb 12 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Forked RiverCommunity: Cranberry Hill
School Information
Elementary School: Lanoka HarborJr High / Middle School: Lacey TownshipHigh School: Lacey Township

Building

Building Area
Building Area: 3692 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.71 acres

Miscellaneous

BasementMls Number: 22402721Attic: Pull Down Stairs
Last check for updates: about 10 hours ago
Listed by Jaime Pluta, (732) 597-8467
RE/MAX Revolution
Bought with: David Lazaro, (732) 718-2314, Keller Williams Shore Properties
Source: MOMLS, MLS#22402721

Price History for 5 Penn Place

DatePriceEventSource
04/08/2024$852,000Sold
MOMLS #22402721
02/12/2024$819,900PendingMOMLS #22402721
01/31/2024$819,900Listed For SaleMOMLS #22402721
07/22/2016$490,000Sold
MOMLS #21616302
06/03/2016$499,000PendingAgent Provided
04/26/2016$499,000Listed For SaleAgent Provided

Property Taxes and Assessment

Year2023
Tax$12,492
Assessment$552,000
Home facts updated by county records

Comparable Sales for 5 Penn Place

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$660,000
09/12/23
4
3
2,840
0.15
Single-Family Home
$625,000
12/06/23
5
4
2,632
0.46
Single-Family Home
$649,000
11/15/23
3
3
2,400
0.54
Single-Family Home
$480,000
06/01/23
3
3
3,125
0.53
Single-Family Home
$540,000
08/16/23
4
3
2,223
0.42
Single-Family Home
$550,000
02/09/24
4
3
2,328
0.42
Single-Family Home
$527,000
05/22/23
4
3
2,070

Assigned Schools

These are the assigned schools for 5 Penn Place.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Forked River

  • Lindamedina79
    "I lived her for three years. To walk or ride your bike can be dangerous on Forked River Beach as people tend to drive way too fast. There are some parks....one is really cute but right on the water without any fencing. So it obviously isn't too safe. There were some break ins when I was in the area due to some rough teenagers. The police and rescue squad are quick to respond. Public transportation isn't really accessible unless you live close to route 9 or walk for the New Jersey Transit. There is a small local bus but it was cut to two days a week which isn't good for the elderly who can no longer drive. There are a bunch of small stores but the main ones are Walmart, Kohls, ShopRite, Home Depot, Staples along with the normal fast food places like Wendy's, McDonald's and Burger King. Overall I would say the town is very clean and they pick up garbage often. Traffic is horrible though as Route 9 is only 2 lanes for well over 5 miles. Lacey road is very busy as well but expanded to more lanes to handle the traffic. "
    4
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Homes for Rent Near 5 Penn Place

Off Market Homes Near 5 Penn Place

5 Penn Place, Forked River, NJ 08731 is a 4 bedroom, 3 bathroom, 3,692 sqft single-family home built in 2001. This property is not currently available for sale. 5 Penn Place was last sold on Apr 8, 2024 for $852,000 (4% higher than the asking price of $819,900). The current Trulia Estimate for 5 Penn Place is $856,000.