$962,200
4 Beds
2.5 Baths
3,692 sqft (on 0.71 acres)
5 Penn Place, Forked River, NJ 08731
Est. Refi. Payment $6,176/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 8, 2024 for $852,000
Home Value
Trulia Estimate
$962KSince last month
Decreased$14K (-1.4%)Since last year
Increased$47K (+5.1%)Since last sale
Increased$110K (+12.9%)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 +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $962K |
| August 2026 | $961K |
| July 2026 | $976K |
| June 2026 | $976K |
| May 2026 | $975K |
| April 2026 | $957K |
| March 2026 | $953K |
| February 2026 | $945K |
| January 2026 | $937K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $740,000 | 04/22/26 | 4 | 2.5 | 2,850 | |
0.16 | Single-Family Home | $830,000 | 04/23/26 | 5 | 4.5 | 2,949 | |
0.21 | Single-Family Home | $612,500 | 11/17/25 | 3 | 2.5 | 1,904 | |
0.24 | Single-Family Home | $595,000 | 02/06/26 | 3 | 2 | 2,658 | |
0.37 | Single-Family Home | $430,000 | 12/01/25 | 3 | 3 | 2,240 | |
0.19 | Single-Family Home | $560,000 | 11/18/25 | 4 | 2.5 | 1,866 | |
0.56 | Single-Family Home | $760,000 | 05/20/26 | 4 | 2.5 | 2,600 | |
0.85 | Single-Family Home | $780,000 | 07/23/26 | 4 | 2.5 | 3,200 |
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 |
|---|---|---|---|---|---|---|
0.03 | $604,700 | 3 | 2.5 | 1,993 | Off Market | |
0.08 | $715,700 | 5 | 2.5 | 2,400 | Off Market | |
0.08 | $579,000 | 4 | 3 | 2,365 | Off Market | |
0.12 | $741,000 | 4 | 2.5 | 2,840 | Off Market | |
0.12 | $608,500 | 4 | 2 | 1,800 | Off Market | |
0.15 | $719,000 | 5 | 3.5 | 2,646 | For Sale | |
0.15 | $874,900 | 4 | 2.5 | 3,153 | For Sale | |
0.16 | $1,408,400 | 7 | 6.5 | 4,892 | Off Market | |
0.16 | $830,000 | 5 | 4.5 | 2,949 | Recently Sold | |
0.17 | $740,000 | 4 | 2.5 | 2,850 | Recently Sold | |
0.17 | $505,200 | 3 | 1.5 | 1,656 | Off Market |
Local Information
- Map ViewExplore the area around 5 Penn Place.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2001
Lot Size
0.71 acres
Living Area
3,692 sqft
Price/Sqft
$261
Parking
2 Car Garage
About this House
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!
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!
5 Penn Place, Forked River, NJ 08731 is a 4 bedroom, 3 bathroom, 3,692 sqft single-family home in Cranberry Hill, built in 2001. It last sold for $852,000 on Apr 8, 2024 (4% above the $819,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $962,200, with a rent estimate of $4,416/month.
Last check for updates: about 2 hours ago
Listed by Jaime Pluta, (732) 597-8467
RE/MAX Revolution
Bought with: David Lazaro, (732) 718-2314, Keller Williams Shore Properties
Source: MoreMLS, MLS#22402721
Home Details for 5 Penn Place
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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 Flooring: Tile, Wood, Other |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Wood, Other |
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Exterior Home Features 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 |
Pool Pool: Gunite, In Ground, Salt WaterPool |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level |
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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 |
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Price List Price: $819,900 |
Status Change & Dates Off Market Date: Mon Feb 12 2024 |
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MLS Status: Closed |
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Direction & Address City: Forked RiverCommunity: Cranberry Hill |
School Information Elementary School: Lanoka HarborJr High / Middle School: Lacey TownshipHigh School: Lacey Township |
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Building Area Building Area: 3692 Square Feet |
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No HOA |
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Lot Area: 0.71 acres |
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BasementMls Number: 22402721Attic: Pull Down Stairs |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 8, 2024 Source: MoreMLS #22402721 | Sold | $852,000 |
Feb 12, 2024 Source: MoreMLS #22402721 | Pending | $819,900 |
Jan 31, 2024 Source: MoreMLS #22402721 | Listed For Sale | $819,900 |
Jul 22, 2016 Source: MoreMLS #21616302 | Sold | $490,000 |
Jun 3, 2016 Source: Agent Provided | Pending | $499,000 |
Apr 26, 2016 Source: Agent Provided | Listed For Sale | $499,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2023 | $12,492 | $552,000 |
Home facts updated by county records
Market trends in Forked River
Last updated July 2026
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
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Frequently asked questions about 5 Penn Place
- What is 5 Penn Place estimated to be worth?Trulia's estimated value for 5 Penn Place in Forked River, NJ is $962,200.
- What is the price history for 5 Penn Place?5 Penn Place in Forked River, NJ last sold for $852,000 in April 2024.
- 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 5 Penn Place have air conditioning?Yes, 5 Penn Place in Forked River, NJ has air conditioning.
- Does 5 Penn Place have a pool?Yes, 5 Penn Place in Forked River, NJ has a pool.
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