311 Maple Street
311 Maple Street
311 Maple St, Lakehurst NJ
| Estimated market value based on available comparable activity | $430,000 |
| Recommended launch price to maximize buyer exposure | $395,000 |
| Intentional pricing gap below estimated value | −$35,000 |
| Average price/sf across all 3 comps ($285 + $276 + $204 ÷ 3) | $255/sf |
| Applied to subject living area (1,690 sf) | $431,000 |
| Recommended List Price | $395,000 |
Lakehurst Market Overview
Lakehurst's 08733 market has stayed active through early 2026, with closed sales on Maple, Rose, Pine, and Manapaqua all trading within a tight 0.2-mile radius of the subject. Smaller, well-maintained homes are commanding a premium price per square foot, while larger, older homes are taking longer to sell at a discounted $/sf.
Subject Property Opportunity
At 1,690 sq ft with five bedrooms and two bathrooms, 311 Maple St offers a room count that exceeds every comparable in this set, on a comparably sized lot. Its 1962 construction is newer than all three comparables, and the extra bedroom supports pricing at or above the $276–$285/sf range those comps demonstrated.
Pricing Strategy & Buyer Psychology
Launching just below the $395,000 mark casts a wide net — capturing buyers searching under $400K in addition to the property's true value tier — while remaining a well-known and effective way to generate multiple showings and competing offers quickly. All three comparables carried extended market times (78-118 days), consistent with a 2026 market that has cooled from 2024-2025's pace — statewide days-on-market has risen and bidding pressure has eased. An aggressive entry price helps counter that slower pace by creating urgency early.
Why the $430,000 Estimate Is Supported
Averaging price-per-square-foot across all three comps ($285, $276, and $204/sf) and applying it to the subject's 1,690 sq ft supports a value of approximately $431,000. 205 Manapaqua's original list price was cut 18% before selling, suggesting it started overpriced; by contrast, 501 Rose St and 307 Pine St both closed above their final list prices despite long DOM, suggesting price was not the primary friction there. Blending all three gives a balanced, defensible estimate of $430,000.
Note on Prior Sale History
311 Maple St last sold for $135,000 in May 2018 as a HUD/REO foreclosure sale in as-is condition — a distressed transaction that does not reflect current market value and is excluded from the comparable analysis above.
Chris Farruggio
Buying or selling a home is one of the biggest decisions you'll make — and you deserve more than just a transaction. My goal is to showcase your property in the best possible light or help you find the perfect match that truly feels like home. Every client I work with receives dedicated service, clear communication, and a commitment to creating an exceptional experience from start to finish.
With over 20 years of experience in real estate investment, remodeling, and property management, I bring a unique perspective to the process. My background in construction management and house flipping allows me to help you see potential, avoid costly mistakes, and maximize your results — whether you're preparing to sell or searching for the right home.
Clients benefit from my strong negotiation skills, market knowledge, and hands-on approach. Whether you're a first-time buyer, seasoned investor, or homeowner ready to move on, I'm here to guide you with confidence and ensure every detail is handled with care.