NOT LISTED FOR SALE

101 E Mermaid Ln Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $2,080,000 - $2,275,000

5 Beds
2.5 Baths
2,402 Sq Ft
$907/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $955,000 $398 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,676/month

21 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Corner Lot
  • Oceanside
  • Wood Flooring
  • No HOA

About This Home

As of June 2019

BUILDERS & INVESTORS ALIKE...This classic contemporary is only 6 homes to the ocean situated on 75x60 lot with possible new construction of 2,997 sf. With a solid rental history, this home brings in over $60,000 for summer months...perfect for the avid investor. This rare find offers beautiful renovation possibilities with 2402 liv sf, along with 5 bedrooms, 2.5 baths, including master bedroom & rooftop deck with ocean/bay views. One of the bedrooms can double as a rec room or 2nd master bedroom. With 3 gathering areas and 2 spacious outdoor patios, this home is perfect for those large families. From oceanblock w/views & no roads to cross, to a solid rental history & income, along with ample parking for 8 cars, turn the key to profit with endless possibilities. Call today!

Last Agent to Sell the Property

Mary Ann O'Shea

RE/MAX at Barnegat Bay License #9484334 Listed on: 04/04/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

Craig Stefanoni

Berkshire Hathaway HomeServices Zack Shore Realtors License #8437113

Berkshire Hathaway HomeServices Zack Shore Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,588

Lot Details

  • Lot Dimensions are 75 x 60
  • Street terminates at a dead end
  • Corner Lot

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,402 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Window Screens
  • Combination Kitchen and Dining Room
  • Storm Doors
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Enclosed Patio or Porch

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18-00013-03-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,588

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Ocean Block, Dead End Street
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Contemporary
  • Reso Flooring: Cement
  • Reso Interior Features: Bay/Bow Window, Eat-in Kitchen
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 75 x 60
  • Location Middle School: Southern Reg
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Dead End Street: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen Eat-In: Yes
  • ExteriorOutdoorShower: Yes
  • Living Room BayBow Window2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle, Fiberglass
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Outdoor Shower, Patio, Porch - Enclosed, Storm Door(s)
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes
  • ConstructionSiding:Roof Fiberglass: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 75 x 60
  • Parcel #: 18-00013-03-00001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8588.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 4, 2019
Sold by
Hopper James B and Hopper Deborah
Bought by
Martinelli Richard D and Martinelli Lindsey A
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay
Buyer's Agent
Craig Stefanoni
Berkshire Hathaway HomeServices Zack Shore Realtors
Sold Price
$955,000
Current Estimated Value
$2,177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,500
Avg. Annual Appreciation
14.14%
Original Mortgage
$749,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Pyle Pamela J
Bought by
Hopper James B and Hopper Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Martinelli Richard D $955,000 Insight Title Services Llc
Hopper James B $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinelli Richard D $750,000
Closed Martinelli Richard D $749,000
Previous Owner Hopper James B $648,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2019 06/04/19 Sold $955,000 -- $398 / 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 $10,017 $1,121,700 $936,000 $185,700
2024 $9,949 $1,121,700 $936,000 $185,700
2023 $9,333 $1,121,700 $936,000 $185,700
2022 $9,333 $1,121,700 $936,000 $185,700
2021 $9,041 $1,121,700 $936,000 $185,700
2020 $8,798 $885,100 $770,000 $115,100
2019 $8,852 $882,600 $770,000 $112,600
2018 $8,588 $882,600 $770,000 $112,600
2017 $8,632 $882,600 $770,000 $112,600
2016 $8,702 $882,600 $770,000 $112,600
2015 $8,694 $882,600 $770,000 $112,600
2014 $8,482 $882,600 $770,000 $112,600
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann O'Shea

    Seller's Agent in 2019

    Mary Ann O'Shea

    RE/MAX

    (609) 713-4164

    101 in this area

    130 Total Sales

    Mary Ann O'Shea
    Section Image
  • Craig Stefanoni

    Buyer's Agent in 2019

    Craig Stefanoni

    Berkshire Hathaway HomeServices Zack Shore Realtors

    (609) 432-1104

    252 in this area

    259 Total Sales

    Craig Stefanoni
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21913754

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00013-03-00001

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

101 E Mermaid Ln, Long Beach Township, NJ

This home is located at 101 E Mermaid Ln, Long Beach Township, NJ 08008 since 04 April 2019 and is currently estimated at $2,177,500, approximately $906 per square foot. 101 E Mermaid Ln is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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