NOT LISTED FOR SALE

1002 Ocean Ave Lavallette, NJ 08735

Estimated Value: $1,826,000 - $2,989,000

6 Beds
2 Baths
2,328 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $1,256,250 $540 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $14,019/month

59 Days on Market

About This Home

As of March 2015

The least expensive ocean front on the market. Sandy Damaged but ready to be put back together or Razed for new construction. This spot is special with great unobstructed ocean views ready for your dream home.

Last Agent to Sell the Property

Eric Birchler

Birchler Realtors Listed on: 12/09/2014

Last Buyer's Agent

Eric Birchler

RE/MAX at Barnegat Bay License #8934045

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,231

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 50x100
  • Beach Front

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lavallette Elementary School

Utilities

  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 16-00011-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,231

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Beachfront, Oceanfront
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1970
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50x100
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 2.0
  • Lot Description Beachfront2: Yes
  • Cooling No Heat2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 50x100
  • Parcel #: 16-00011-0000-00002
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 12231.0
  • Tax Other Annual Assessment Amount: 1310900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2014
Closed on
Mar 2, 2015
Sold by
Liccardi Margaret K
Bought by
1002 Ocean Realty Llc
Seller's Agent
Eric Birchler
Birchler Realtors
Buyer's Agent
Eric Birchler
RE/MAX at Barnegat Bay
Sold Price
$1,256,250
Current Estimated Value
$2,400,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,353
Avg. Annual Appreciation
5.80%
Original Mortgage
$812,500
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lor Ray Partnership Lp
Bought by
Bober Anna and Bober Loretta

Purchase Details

Closed on
Oct 11, 1988
Bought by
Liccardi Clemente and Liccardi Margaret
Source: Public Records

Range of Values:

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Average Value
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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
1002 Ocean Realty Llc $1,256,250 Agent For Old Republic Natl
Bober Anna -- --
Liccardi Clemente $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1002 Ocean Realty Llc $1,156,700
Closed Ocean Realty Llc $1,160,000
Closed Dalonzo Robert $100,000
Closed Ocean Realty Llc $1,225,000
Closed 1002 Ocean Realty Llc $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2015 03/03/15 Sold $1,256,250 -- $540 / 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 $14,744 $1,558,600 $1,350,000 $208,600
2024 $14,308 $1,558,600 $1,350,000 $208,600
2023 $13,310 $1,558,600 $1,350,000 $208,600
2022 $13,310 $1,558,600 $1,350,000 $208,600
2021 $12,874 $1,558,600 $1,350,000 $208,600
2020 $12,796 $1,558,600 $1,350,000 $208,600
2019 $13,484 $1,377,300 $1,187,500 $189,800
2018 $13,374 $1,377,300 $1,187,500 $189,800
2017 $12,860 $1,310,900 $1,187,500 $123,400
2016 $12,440 $1,310,900 $1,187,500 $123,400
2015 $12,178 $1,310,900 $1,187,500 $123,400
2014 $12,231 $1,310,900 $1,187,500 $123,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21453990

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00011-0000-00002