1003 Kohala Dr, Forked River, NJ, 08731
About This Home
Forked River waterfront Bungalow with 200 feet of frontage, located on a corner with two sides of water - endless potential! Discover your own slice of waterfront paradise with this charming 2 bedroom, 1 bath bungalow located on a peaceful dead-end street. This property offers stunning views of lagoon and river, privacy and plenty of room to relax or entertain. Inside you'll find high ceilings that make the space feel bright and open. This home does need some work, but it's the perfect opportunity to create your dream retreat the way you want it. Perfect weekend getaway. Don't miss this waterfront opportunity with riparian rights! Requesting $525,000.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Asbestos
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Oven/Range - Electric,Refrigerator,Cooktop,Electric Water Heater
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Ceiling Fan(s),Open Floorplan
- Door features: Storm Door(s)
- Flooring: Tile/Brick,Carpet
- Finished area above ground: 560
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Window Unit(s),Electric
Interior Area
- Total structure area: 560
- Total interior livable area: 560 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 130016700001
- Zoning: R75
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Patio
- Exterior features: Lighting
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Lagoon
- Frontage length: Water Frontage Ft: 180
Lot
- Lot size: 5,227 sqft
- Features: Bulkheaded,Level
- Lot size dimensions: 105 x 65 IRR
Parking
- Parking features: Asphalt,Off Street,Driveway
- 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
- Strong Wind
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,401 | $28,812 |
| Home Insurance * | $185 | $2,220 |
| Property Taxes | $853 | $10,236 |
| Electricity | $193 | $2,318 |
| Total | $3,632 | $43,584 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-20 | Price change | $525,000 |
| 2025-11-10 | Listed for sale | $549,000 |
| 2017-09-20 | Sold | $215,800 |
| 1994-07-06 | Sold | $45,000 |
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