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240 Wainwright Street, Forked River, NJ, 08731

2beds
2baths
868sqft
$499,000
$575price/sqft
$3,821/moest. monthly cost
$152,840/yrincome needed

About This Home

Welcome to your next opportunity in Forked River--a charming home that blends comfort, space, and endless potential. This well-maintained property features 2 bedrooms and 2 full bathrooms, offering a practical and inviting layout for everyday living. A full, finished, heated basement provides additional storage or the perfect canvas for future finishing--ideal for a recreation room, home office, or gym. Step outside and you'll find one of this home's standout features: an expansive yard that truly sets the property apart. With so much open space, the possibilities are endless--whether you envision a garden oasis, outdoor entertaining area, or even future expansion. It's a rare find that gives you the freedom to create your dream outdoor lifestyle. The home also includes a welcoming enclosed sunroom, perfect for morning coffee or relaxing evenings, along with a 2-car garage that offers ample parking and storage. Attached to the garage, you'll find both a shed and a dedicated workshop--an incredible bonus for hobbyists, DIY enthusiasts, or anyone in need of extra functional space. Located in the heart of Forked River, you'll enjoy all that this desirable coastal community has to offer. From nearby parks and marinas to beaches, shopping, and dining, the area provides a perfect balance of relaxation and convenience. With easy access to major roadways, you're never far from everything the Jersey Shore region has to offer. Whether you're looking for a comfortable home to move into or a property with room to grow and personalize, this one checks all the boxes.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

4/10
4/10
Lacey Twp Middle SchoolGrades 7-81.0 mi
4/10
Lacey Twp High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Timberline
  • Construction materials: Shingle Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Heated,Partially Finished

Bathroom

  • Area: 54
  • Dimensions: 9 x 6

Bathroom

  • Area: 50
  • Dimensions: 10 x 5

Bedroom

  • Area: 154
  • Dimensions: 14 x 11

Bedroom

  • Area: 157.3
  • Dimensions: 14.3 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate
  • Attic: Pull Down Stairs

Garage

  • Area: 399
  • Dimensions: 21 x 19

Heating & Cooling

  • Heating features: Natural Gas,2 Zoned Heat
  • Cooling features: None

Interior Area

  • Total structure area: 868
  • Total interior livable area: 868 sqft

Kitchen

  • Area: 168
  • Dimensions: 12 x 14

Laundry

  • Area: 108
  • Dimensions: 12 x 9

Living Room

  • Area: 224
  • Dimensions: 14 x 16

Other

  • Area: 165
  • Dimensions: 15 x 11

Rec Room

  • Area: 540
  • Dimensions: 30 x 18

Sunroom

  • Area: 270
  • Dimensions: 27 x 10

Workshop

  • Area: 340
  • Dimensions: 20 x 17

Property

Details

  • Parcel number: 1301416000000003
  • Zoning description: Residential
  • Exclusions: Personal Property

Features

  • Stories: 1
  • Topography of land: Level

Lot

  • Lot size: 0.28 Acres
  • Features: Oversized
  • Lot size dimensions: 120 x 100

Parking

  • Total spaces: 2
  • Parking features: Gravel,Asphalt,Double Wide Drive,Driveway,Workshop in Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
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 $2,523$30,276
Home Insurance *$194$2,328
Property Taxes $911$10,932
Electricity $193$2,318
Total$3,821$45,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,005/yr
40% on housing$114,630/yr
45% on housing$101,893/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

$575This listing

vs Other Active Listings

Avg $/sqft

ZIP 08731$298
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)

Price History

DateEventPrice
2026-04-25Price change$499,000
2026-03-20Listed for sale$525,000
2021-03-10Sold$300,000
2021-02-12Pending sale$269,900
2021-02-05Listed for sale$269,900
2011-09-09Sold$207,500
2011-06-05Listed for sale$219,000
2008-05-06Sold$212,000

For Sale by Agent

AgentMichelle Delaney
BrokerageColdwell Banker Flanagan Realty

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