tomo logo

$1,250,000

Beds
4
Baths
3.5
sq ft
3,746

724 Fairview Ln, Forked River, NJ 08731

724 Fairview Ln

FORKED RIVER, NJ 08731

  • 117 days on market
Magnificent 3,746 sq ft One-of-a-Kind Custom Built 5 Bedroom 4.5 Bath Home with 75 ft of Forked Riverfront w/Vinyl Bulkhead in the Prestigious Channel Point Community. The owner spared no expense from the Marble Floors to the 10 ft Ceilings & Stained Glass Windows. Walk into the Impressive 2 Story Foyer w/Princess Staircase & Motorized Drop Crystal Chandelier. You are Steps Away from the Impressive Open Floor Plan consisting of the Stone Walls, Real Copper Ceiling, & Hardwood Inlay Floors. The Gourmet Kitchen/Family Room Combination Features an Abundance of 42'' Custom Cabinets, 2 Islands, Granite Countertops, Stone Backsplash, & High-End Appliances. The Family Room Boasts a Wood Fireplace, Custom Wet Bar with Wine Rack and Frig. Step out through the French Doors to a Fenced Paver Backyard, Huge Pool, Outdoor Kitchen, & a Full Outdoor Bathroom. Back inside is a Spacious Formal Dining Room for Family Entertainment & Holidays. A Living Room/Study, A Bedroom w/On Suite, Powder Room, Laundry Room & Garage Complete the 1st Floor. When you walk up to the 2nd Story Family Room w/Vaulted Ceiling & 2 Skylights, you are greeted with Panoramic Views of the River through a Huge Window. There are 2 Additional Bedrooms & Guest Bathroom to the Right. To the Left, enter the Oversized Master Bedroom, Cathedral Ceiling, Walk-in Closet, Gas Fireplace, & Private Balcony. A Glass Door Entrance into the Bright Bathroom, His & Hers Custom Kohler Sinks, Large 2 Person Shower, Jacuzzi Tub, Toilet Closet with Bidet. (Too Many Amenities to mention. Please see the Special Features Page at the end of the Pictures!) All this Close to Shopping, Restaurants, Outdoor Waterfront Dining & the Garden State Parkway!

Details

Property type

Single Family Residence

Est. home value

$1,232,379

Lot size

7,501 sq ft

Price per sq ft

$334

Year built

2000

Annual property taxes

$17,239

HOA

No

Price History

03/12/2024

Bright #NJOC2024510

Listed
$1,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,042,877
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$107,123
Cash to seller
$1,042,877

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Consumers Fcu

Loan start date

June 2018

Original loan amount

$120,000

Est. remaining balance

$107,123

Interest rate

4.58%

Loan type

New Conventional, 30 year

Seller

Frances Tessoun Fava and Frances Tessoun

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/07/2024 at 7:55 AM

Listing updated: 03/19/2024 at 6:53 PM

Listed by: Luann Novak, Century 21 Action Plus Realty - Forked River Phone #: (844) 698-5803

MLS: Bright #NJOC2024510

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