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748 Elwood St

Forked River, NJ 08731

4 bd 3 ba 1,939 sqft Built 1980 Lot 7,841 sqft single_family
Most recent sale
$505,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $505,000 Public Record
Jun 9, 2022 Listed $499,000 MLS #NJOC2010772
Aug 15, 2014 Sold $245,000 MLS #3073945
Jun 20, 2014 Listed $264,900 MLS #3073945

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,700 $76,000 $298,700 $8,169
2024 $222,700 $76,000 $298,700 $7,569
2023 $222,700 $76,000 $298,700 $7,076
2022 $175,600 $76,000 $251,600 $5,693
2021 $175,600 $76,000 $251,600 $5,598
2020 $175,600 $76,000 $251,600 $5,419
2019 $175,600 $76,000 $251,600 $5,324
2018 $175,600 $76,000 $251,600 $5,261
2017 $175,600 $76,000 $251,600 $5,140
2016 $175,600 $76,000 $251,600 $5,120
2015 $175,600 $76,000 $251,600 $4,891
2014 $177,400 $111,000 $288,400 $4,960
2013 $177,400 $111,000 $288,400 $4,750
2012 $177,400 $111,000 $288,400 $4,401
2010 $177,400 $111,000 $288,400 $4,136
2009 $177,400 $111,000 $288,400 $3,822
2007 $114,800 $28,000 $142,800 $4,732

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,939 sqft
Lot size
7,841 sqft
ZIP code
08731
City
Forked River
Street
Elwood St
Coordinates
39.85688, -74.20705

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,909
Gross rental yield
6.91%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 748 Elwood St last sell?
748 Elwood St most recently sold on Aug 15, 2022 for $505,000.
What is the current tax assessment for 748 Elwood St?
The most recent total assessment for 748 Elwood St (year 2025) is $298,700 with $8,169 in property tax.
How does 748 Elwood St's assessment compare to its last sale price?
The current assessment is 40.9% below the last sale price of $505,000.
When was 748 Elwood St built?
748 Elwood St was built in 1980.
How does 748 Elwood St compare to others on Elwood St?
We track 8 other properties on Elwood St. Browse the list under "Other properties on Elwood St" to compare beds, baths, and sale history.
What are the property facts for 748 Elwood St?
748 Elwood St is a 4 bed, 3 bath, 1,939 sqft, 7,841 sqft lot single_family.
Is 748 Elwood St a flip candidate?
No — 748 Elwood St does not appear in our flips dataset.
Is 748 Elwood St a tax-appeal candidate?
No — 748 Elwood 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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