Back 986 Capstan Drive
Off Market

986 Capstan Drive

Forked River NJ 08731

4791.6 sq. ft.
Land
Last sold for $470,000
Michael GrecoMichael Greco, last sold this property on 23 March 2026 after 664 days on market.

Overview

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.

Features

4791.6 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Forked River over the last 12 months, the estimated median property value of 986 Capstan Drive is $155k.

Median value
$155k
Estimated value range
$5k - $480k
Median days on market
29
Estimated value trend
55%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forked River. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 986 Capstan Drive

2026
Sold
$470,000
23 Mar 2026 by Michael Greco, of Keller Williams Realty West Monmouth
2023
Sold
$305,000
12 Apr 2023 by Sandra Barroso, of Lifestyle International Realty
2021
Sold
$200,000
20 Sep 2021

Happy sellers in Forked River

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We have insufficient information to provide an overview of customer satisfaction for Forked River. Viewing the agent profiles, reviews and sales for Forked River can provide insights for this location.

Local market activity for land plots in Forked River

In the last 12 months, 10 land plots similar to 986 Capstan Drive, have been sold.

This represents a 27% increase in land plots sales when compared to the previous 12 months.

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