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635 Oakwood Drive, Forked River, NJ, 08731

3beds
1baths
1,404sqft
$649,900
$463price/sqft
$4,817/moest. monthly cost
$192,680/yrincome needed

About This Home

Location, location, location! This rare waterfront home sits directly on the Forked River with no lagoon navigation required----offering quick access to Barnegat Bay and beyond. Enjoy wide river views and a true boating lifestyle from one of the best waterfront locations in Forked River. Step inside to a bright, open floor plan featuring a spacious living room with a stone fireplace, gleaming hardwood floors thru-out, beautiful crown molding detail, and a wall of windows and French doors framing the water. The kitchen boasts an oversized rear bay window with sweeping views of the river, perfect for morning coffee or evening sunsets. The outdoor space is designed for riverfront living---complete with a bulkhead, dock potential, and room to relax, fish, or entertain by the water's edge..... Whether as a full-time residence, a week-end getaway, or a seasonal rental investment, this property delivers the ultimate waterfront lifestyle. The home sits among expanded neighboring properties, offering excellent potential to add a second or third level in the future. Quiet waterfront community close to dining, shopping, marinas, and Jersey Shore beaches.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
4/10
Lacey Twp Middle SchoolGrades 7-82.4 mi
4/10
Lacey Twp High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Dec Molding
  • Flooring: Ceramic Tile,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,404
  • Total interior livable area: 1,404 sqft

Property

Details

  • Parcel number: 1300139000000003
  • Zoning description: Residential

Features

  • Stories: 1
  • Exterior features: Dock
  • On waterfront: Yes
  • Waterfront features: Bulkhead

Lot

  • Lot size: 4,356 sqft
  • Lot size dimensions: 60 x 76

Parking

  • Total spaces: 1
  • Parking features: Asphalt,Double Wide Drive
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Strong Wind
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance *$253$3,036
Property Taxes $1,085$13,020
Electricity $193$2,318
Total$4,817$57,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,154/yr
40% on housing$144,510/yr
45% on housing$128,453/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$463This listing

vs Other Active Listings

Avg $/sqft

ZIP 08731$295
Ocean County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 08731$315
Ocean County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Listed for sale$649,900
2026-03-27Listing removed$649,900
2025-12-31Price change$649,900
2025-12-09Price change$629,999
2025-08-31Listed for sale$649,900

For Sale by Agent

AgentJoanetta Duszczak
BrokerageGoldstone Realty

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