NOT LISTED FOR SALE

Estimated Value: $3,470,596 - $3,700,000

0.23 Acre
$15,588,252 Price per Acre
10,000 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $750,000

Est. 378% increase in value since last sale

Current estimated payment $20,395/month

Highlights

  • Bay View
  • Wooded Lot
  • No HOA
  • Property fronts the bay but unit may not have water views

About This Lot

As of December 2020

OUTSTANDING OPPORTUNITY for New Construction on this Vacant Buildable 100' x 100' lot with Bayviews galore! Located on a private secluded lane with great neighborhood integrity. Bring your architect & builder to create your new LBI Homestead on this blank canvas ready for your brushstrokes. Room for a pool if desired. Ideally located within walking distance to Surf City and all it has to offer.

Last Agent to Sell the Property

Andrea Newman

(609) 709-9096 acnewman58@gmail.com RE/MAX of Long Beach Island License #8834607 Listed on: 06/15/2017

Last Buyer's Agent

Andrea Newman

(609) 709-9096 acnewman58@gmail.com RE/MAX of Long Beach Island License #8834607 Listed on: 06/15/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,212

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property fronts the bay but unit may not have water views
  • Dirt Road
  • Wooded Lot
  • Property is zoned R10E, R10E

Utilities

  • Public Hookup Available For Sewer
  • Municipal Trash

Additional Features

  • Bay Views
  • Flood Risk

Community Details

  • No Home Owners Association
  • North Beach Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 18-00018-10-00005

Property Details

Property Type

Land

Est. Annual Taxes

$6,212

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: OUTSTANDING OPPORTUNITY for New Construction on this Vacant Buildable 100' x 100' lot with Bayviews galore! Located on a private secluded lane with great neighborhood integrity. Bring your architect & builder to create your new LBI Homestead on this blank canvas ready for your brushstrokes. Room for a pool if desired. Ideally located within walking distance to Surf City and all it has to offer.
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 77.00
  • Street Number Modifier: 1010-E

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Dirt
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Additional Parcels: No
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: R10E
  • Zoning Description: R10E
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3025981
  • Tax Annual Amount: 6212.00
  • Assessor Parcel Number: 18-00018-10-00005
  • Tax Lot: 5
  • Tax Year: 2016
  • Close Date: 12/31/2020

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Dec 31, 2020
Sold by
Higgins Timothy J and Brown Lynn C
Bought by
Jaffe Stephen R and Jaffe Lori R
Seller's Agent
Andrea Newman
RE/MAX of Long Beach Island
Buyer's Agent
Andrea Newman
RE/MAX of Long Beach Island
List Price
$995,000
Sold Price
$750,000
Premium/Discount to List
-$245,000
-24.62%
Current Estimated Value
$3,585,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,835,298
Avg. Annual Appreciation
38.91%
Original Mortgage
$850,000
Interest Rate
2.73%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 24, 2006
Sold by
Brown Lynn Charlton
Bought by
Brown Lynn Charlton
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jaffe Stephen R $750,000 Foundation Title Llc
Jaffe Stephen R $750,000 Foundation Title
Brown Lynn Charlton -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaffe Stephen R $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $750,000 -24.6% --
08/01/2020 08/01/20 Pending -- -- --
06/15/2017 06/15/17 For Sale $995,000 -- --
Source: Bright MLS

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 $16,627 $1,861,900 $675,000 $1,186,900
2024 $16,515 $1,861,900 $675,000 $1,186,900
2023 $14,940 $1,795,700 $675,000 $1,120,700
2022 $5,616 $675,000 $675,000 $0
2021 $5,441 $675,000 $675,000 $0
2020 $6,262 $630,000 $630,000 $0
2019 $6,319 $630,000 $630,000 $0
2018 $6,130 $630,000 $630,000 $0
2017 $6,161 $630,000 $630,000 $0
2016 $6,212 $630,000 $630,000 $0
2015 $6,206 $630,000 $630,000 $0
2014 $6,054 $630,000 $630,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC137634

Bright MLS

APN: 18-00018-10-00005