Updated 10 Hours Ago
Location
1201 Penguin Ct, Forked River, NJ 08731, USA
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Amenities for 1201 Penguin Ct
Features
| Central Air | Furnished |
Grounds
| Garage Parking | Storage |
| Swimming Pool |
Other
| Architecture Style: Ranch | View Type: Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1201 Penguin Ct
Property Status: Active This is a "Coming Soon" listing and will be active 09/17/2026. Wake up on the water! This immaculate ranch sits on 75 ft of private bulkhead with a dock, perfect for boating, fishing, and crabbing. Step outside to the ING pool, making this a true resort lifestyle. Inside you'll find an open floor plan with plenty of natural light, a bonus sunroom and well-kept interior offering a comfortable, easy living layout. An outdoor shower adds a coastal touch, and the one care garage is perfect for storage, gear and essentials. Just minutes from the open bay, this home delivers the ideal blend of comfort, convenience, and waterfront living. Available furnished or unfurnished, with all appliances included. Office Phone: (609) 693-1055 Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1201 Penguin Ct compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 08731 |
|---|---|
| Type | House for rent |
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Rent trends in Forked River
2-bedroom apartments at 1201 Penguin Ct cost about 46% more than the average rent price for 2-bedroom apartments in Forked River.
Median rents as of Sep 12 2026.
Forked River
| Month | Median Rent |
|---|---|
| September 2024 | $2,525 |
| October 2024 | $2,506 |
| November 2024 | $2,475 |
| September 2025 | $2,900 |
| October 2025 | $2,545 |
| November 2025 | $2,400 |
| February 2026 | $2,550 |
| March 2026 | $2,725 |
| April 2026 | $2,600 |
| May 2026 | $2,725 |
| June 2026 | $2,887 |
| August 2026 | $2,200 |
| September 2026 | $2,300 |
Affordability calculator
Can I afford to live at 1201 Penguin Ct?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$134,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $134,000 annually to afford this 2-bedrooms monthly rent price of $3,350.
For more information on rent affordability, visit our rent calculator.
Schools near 1201 Penguin Ct
Forked River Elementary School
110 lacey rd
forked river, NJ, 8731
K-4Public
C+
Mill Pond Elementary School
210 western blvd
lanoka harbor, NJ, 8734
PK, 5-6Public
C
Ocean Gate Elementary School
126 west arverne ave
ocean gate, NJ, 8740
PK, K-6Public
C
Island Heights Elementary School
115 summit ave
island heights, NJ, 8732
PK, K-6Public
A
Hugh J. Boyd Jr. Elementary School
1200 bay blvd
seaside hts, NJ, 8751
PK, K-6Public
C-
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Internet available near 1201 Penguin Ct
Neighborhood
Getting around Forked River near 1201 Penguin Ct
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1201 Penguin Ct, Forked River
Groceries
3/10
Some groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
2/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within a short drive
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