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427 Center St

Forked River, NJ 08731

2 bd 1 ba 761 sqft Built 1940 Lot 3,920 sqft single_family
Most recent sale
$224,900
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $224,900 Public Record
May 17, 2022 Sold $224,900 MoreMLS
Feb 16, 2022 Listed $200,000 MLS #22204096
Oct 31, 2010 Listing removed $179,900 OceanCounty
Jul 17, 2010 Price changed $179,900 MLS #3041453
Apr 19, 2010 Listed $189,900 MLS #3041453
Mar 22, 2006 Sold $185,000 Public Record
Jun 16, 2005 Sold $157,500 Public Record
Nov 7, 2003 Sold $125,000 Public Record
Jul 27, 1994 Sold $29,000 Public Record
Feb 1, 1985 Sold $39,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,900 $52,200 $101,100 $2,765
2024 $48,900 $52,200 $101,100 $2,561
2023 $48,900 $52,200 $101,100 $2,395
2022 $46,500 $52,200 $98,700 $2,233
2021 $46,500 $52,200 $98,700 $2,196
2020 $46,500 $52,200 $98,700 $2,126
2019 $46,500 $52,200 $98,700 $2,088
2018 $46,500 $52,200 $98,700 $2,063
2017 $46,500 $52,200 $98,700 $2,016
2016 $46,500 $52,200 $98,700 $2,008
2015 $46,500 $52,200 $98,700 $1,918
2014 $53,100 $83,700 $136,800 $2,352
2013 $53,100 $83,700 $136,800 $2,253
2012 $53,100 $83,700 $136,800 $2,087
2010 $53,100 $83,700 $136,800 $1,961
2009 $53,100 $83,700 $136,800 $1,931
2007 $31,600 $24,000 $55,600 $1,843

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
761 sqft
Lot size
3,920 sqft
ZIP code
08731
City
Forked River
Street
Center St
Coordinates
39.84833, -74.20156

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,142
Gross rental yield
6.09%
Implied cap rate
3.96%
Trend-extrapolated value

Frequently asked questions

When did 427 Center St last sell?
427 Center St most recently sold on May 20, 2022 for $224,900.
What is the current tax assessment for 427 Center St?
The most recent total assessment for 427 Center St (year 2025) is $101,100 with $2,765 in property tax.
How does 427 Center St's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $224,900.
When was 427 Center St built?
427 Center St was built in 1940.
How does 427 Center St compare to others on Center St?
We track 8 other properties on Center St. Browse the list under "Other properties on Center St" to compare beds, baths, and sale history.
What are the property facts for 427 Center St?
427 Center St is a 2 bed, 1 bath, 761 sqft, 3,920 sqft lot single_family.
Is 427 Center St a flip candidate?
No — 427 Center St does not appear in our flips dataset.
Is 427 Center St a tax-appeal candidate?
No — 427 Center St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$579.3K
2026 Q4
$581.9K
ZIP 08731 — Median Price History + Forecast

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