NOT LISTED FOR SALE

1 Howe St Bay Head, NJ 08742

Estimated Value: $6,238,000 - $7,501,927

7 Beds
5 Baths
4,895 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $3,200,000 $654 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $42,931/month

233 Days on Market

Highlights

  • Beach Front
  • New Kitchen
  • Maid or Guest Quarters
  • Ocean View
  • Colonial Architecture
  • 3-minute walk to Centennial Park

About This Home

As of January 2017

Prestigious Oceanfront home with 7 bedrms, 4.5 luxurious baths. 4,895 sq. ft w/ open floor plan throughout. Quintessential beach home where many of the biggest Celebrities in the World came to enjoy this magnificent home. It's located in one of the most sought after areas along our NJ coastline. This one-of-a kind seashore home is situated on 75 x 395 spacious oceanfront lot with its own private beach area. Enjoy incredible panoramic views, wrap around screen porch for ultimate entertainment. MS Suite w/ spacious balcony overlooking breathtaking ocean. An additional 2 bedrms, 1.5 baths with private walk out is perfect for staff, private guest access, etc. Home is waiting for you so unpack and enjoy the good life. Easy commute from NYC and Philadelphia. Priced below appraised value!!!

Last Agent to Sell the Property

Patricia Mayer

Diane Turton, Realtors-Sea Girt License #0455319 Listed on: 04/19/2016

Diane Turton, Realtors-Sea Girt

Last Buyer's Agent

Patricia Mayer

Diane Turton, Realtors-Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,733

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 75 x 395
  • Beach Front
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Double-Wide Driveway
  • On-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Colonial Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 4,895 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Bay Window
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Screened Porch
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Bay Head Elementary School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: PERSONAL BELONGINGS
  • Assessor Parcel Number 03-00065-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,733

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Beachfront, Oceanfront
  • Inclusions: Washer, Wall Oven, Window Treatments, Water Softener, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Double Oven, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Refrigerator, Fireplace Equipment, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony, Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Dec Molding, French Doors, Housekeeper Qtrs, Sliding Door, Wet Bar, Recessed Lighting
  • Year Built: 1900
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Lot Description Oceanfront2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 75 x 395
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Included Security System2: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Living Room Sliding Door2: Yes
  • Exterior Porch - Screened: Yes
  • Foyer Dec Molding2: Yes
  • Interior Housekeeper Qtrs: Yes
  • Lot Description Beachfront2: Yes
  • Heating 5 Zone2: Yes
  • Cooling 5 Zone: Yes
  • Special Features: None

Interior Features

  • Basement: Heated, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 2
  • Total Bedrooms: 15
  • Stories: 2
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: PERSONAL BELONGINGS
  • Exterior Features: Deck, Patio, Porch - Screened, Sprinkler Under, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Double Wide Drive, On Street, Direct Access
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes

Utilities

  • Cooling: 5 Zone
  • Cooling Y N: Yes
  • Heating: Natural Gas, 5 Zone
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Included Water Softener: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 75 x 395
  • Parcel #: 03-00065-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 43733.0

MLS Schools

  • Elementary School: Bay Head

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Dec 20, 2016
Sold by
Madden Robert V
Bought by
1 Howe St Bay Head Llc
Seller's Agent
Patricia Mayer
Diane Turton, Realtors-Sea Girt
Buyer's Agent
Patricia Mayer
Diane Turton, Realtors-Ocean
Sold Price
$3,200,000
Current Estimated Value
$7,075,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,875,642
Avg. Annual Appreciation
9.60%
Original Mortgage
$2,080,000
Outstanding Balance
$1,716,063
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$5,399,697

Purchase Details

Closed on
Dec 3, 2008
Sold by
King Raemali Malfe
Bought by
Madden Robert
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1 Howe St Bay Head Llc $3,200,000 First American Title
Madden Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1 Howe St Bay Head Llc $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $3,200,000 -- $654 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65,020 $6,437,600 $3,947,500 $2,490,100
2024 $62,509 $6,437,600 $3,947,500 $2,490,100
2023 $66,600 $6,437,600 $3,947,500 $2,490,100
2022 $47,250 $5,250,000 $3,947,500 $1,302,500
2021 $46,095 $5,250,000 $3,947,500 $1,302,500
2020 $45,990 $5,250,000 $3,947,500 $1,302,500
2019 $44,520 $5,250,000 $3,947,500 $1,302,500
2018 $44,153 $5,250,000 $3,947,500 $1,302,500
2017 $42,735 $5,250,000 $3,947,500 $1,302,500
2016 $43,313 $5,250,000 $3,947,500 $1,302,500
2015 $43,733 $5,250,000 $3,947,500 $1,302,500
2014 $41,948 $5,250,000 $3,947,500 $1,302,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21615200

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 03-00065-0000-00005