204 Coral Way N, Forked River, NJ, 08731
About This Home
***All house tours are being held out of our Model at 79 Saltspray*** Welcome to Paradise Point! This Brand-New Waterfront Community of 24 Homes is located in the heart of Forked River, NJ by a local/reputable Builder. Projected Oct/Nov 2026 Completion on a 0.377 Acre PRIME CUL-DE-SAC Lot features the Madison A Model which includes 4 Beds, 2.5 Baths, 2 Car Garage, Walkup Finished Attic is 558sf Additional Living Space with Balcony, Open Floorplan layout, Engineered Flooring on 1st Flr/2nd Flr Hallway, Custom trim/paint throughout, Large Family Room w/Gas Fireplace. Kitchen boasts Center Island, Quartz tops, Tile backsplash, & SS Appliances. Huge Owner's Suite w/2 Walk-in Closets, Exterior Covered Balcony & attached Full bath w/Dual Sink Vanities & Shower Stall. Located less than 10 mins from GS Pkwy, close to Shopping, Beaches and just 1 block to a marina! ***GPS Address: 423 Wildwood Rd, Forked River which will lead you directly to the project. Route 9 South to Lakeside Drive East to Wildwood Rd (Wildwood Rd at some point will change to Saltspray Drive) ~Or~ Route 9 North to Parkers Point Blvd to right on Saltspray Drive***IMPORTANT**If you have an Agent you are working with they MUST be present for the first time you tour the home***
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Ceilings - 9Ft+ 1st Flr,Dec Molding,Eat-in Kitchen,Recessed Lighting
- Flooring: Tile,Other
- Number of fireplaces: 1
- Fireplace: Yes
- Attic: Attic,Walk-up
Heating & Cooling
- Heating features: Forced Air,2 Zoned Heat
- Cooling features: Central Air,2 Zoned AC
Interior Area
- Total structure area: 3,491
- Total interior livable area: 3,491 sqft
Property
Details
- Parcel number: 0
- Zoning description: Residential, Single Family
- Exclusions: Refrigerator,Washer and Dryer
Features
- Stories: 3
- Exterior features: Lighting
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Creek
- Topography of land: Level
Lot
- Lot size: 0.38 Acres
- Features: Cul-De-Sac,Oversized
Parking
- Total spaces: 2
- Parking features: Asphalt,Double Wide Drive,Driveway
- 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
- 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 | $5,056 | $60,672 |
| Home Insurance * | $390 | $4,680 |
| Property Taxes | $1,183 | $14,196 |
| Electricity | $384 | $4,617 |
| Total | $7,013 | $84,156 |
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 |
|---|---|---|
| 2026-05-13 | Price change | $999,999 |
| 2026-04-22 | Listed for sale | $1,200,000 |
View on Zillow