NOT LISTED FOR SALE

Estimated Value: $2,759,000 - $3,186,000

5 Beds
3.5 Baths
2,926 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $2,600,000 $889 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $16,978/month

52 Days on Market

Highlights

  • Ocean View
  • Building is oceanfront but unit may not have water views
  • Open Floorplan
  • Spa
  • Gourmet Kitchen
  • Coastal Architecture

About This Home

As of February 2024

The Dunes- Oceanblock home only 2 years old. Located on one of the best streets on the South end of the island, this home built by Dolphin Homes in 2021 features 5 bedrooms, 3.5 bathrooms, all high end, coastal friendly materials, 6 inch engineered wide plank hardwood flooring, high-end custom white shaker cabinets, top of the line appliance package, gas fireplace w/ beautiful wood mantle, 3 stop elevator, 2-zoned HVAC, tankless hot water heater, custom interior trim package (including shiplap and built-ins), and white quartz countertops. The backyard has room for a 12 x 22 heated salt water pool . Generous decking off the front of the house as well as rooftop deck provide outstanding street end ocean views.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 10/16/2023

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 10/16/2023

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,431

Year Built

  • Built in 2021

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 90.00
  • Building is oceanfront but unit may not have water views
  • Vinyl Fence
  • Extensive Hardscape
  • Level Lot
  • Property is in excellent condition
  • Property is zoned R50A

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Piling Construction

Interior Spaces

  • 2,926 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Hung Windows
  • Window Screens
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Instant Hot Water

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Gas Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Built by Dolphin Homes
  • The Dunes Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 18-00008 08-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,431

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse, Coastal, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Water Heater - High-Efficiency, Water Heater - Tankless, Washer, Stainless Steel Appliances, Stove, Refrigerator, Oven/Range - Gas, Oven - Self Cleaning, Range Hood, Dishwasher, Dryer, Dryer - Gas, Instant Hot Water, Oven - Wall
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s)
  • Window Features: Screens, Double Hung
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2926
  • Living Area Sq Ft: 2926
  • Price Per Sq Ft: 955.23
  • Above Grade Finished Sq Ft: 2926
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 103

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Outside Shower, Hot Tub
  • Roof: Fiberglass, Shingle
  • View: Bay, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage - Front Entry, Covered Parking, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Instant Hot Water, Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Vinyl
  • Lot Features: Level
  • Lot Size Acres: 0.10
  • Lot Dimensions: 50.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R50A

Building Info

  • Builder Name: Dolphin Homes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14431.00
  • Assessor Parcel Number: 18-00008 08-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/07/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Feb 5, 2024
Sold by
Schutz Stephen G
Bought by
Salerno Vincent A and Salerno Lisa
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$2,795,000
Sold Price
$2,600,000
Premium/Discount to List
-$195,000
-6.98%
Views
41
Current Estimated Value
$2,958,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,668
Avg. Annual Appreciation
8.20%
Original Mortgage
$1,000,000
Outstanding Balance
$978,518
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$1,980,150

Purchase Details

Listed on
Feb 8, 2021
Closed on
Nov 29, 2021
Sold by
Kushner Marc
Bought by
Schutz Stephen G
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$2,495,000
Sold Price
$2,700,000
Premium/Discount to List
$205,000
8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.71%

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 5, 2021
Sold by
Fineman Barry and Fineman Roberta
Bought by
Kushner Marc
Seller's Agent
Judith Collins
Weichert Realtors-Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.21%

Purchase Details

Closed on
Apr 30, 1987
Bought by
Fineman Barry and Fineman Roberta
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
Salerno Vincent A $2,600,000 Chp Title Agency
Salerno Vincent A $2,600,000 Chp Title Agency
Schutz Stephen G $2,450,000 Chicago Title Insurance Co
Schutz Stephen G $2,450,000 University Title
Kushner Marc $1,100,000 Fidelity National Ttl Ins Co
Kushner Marc $1,100,000 Fidelity National Title
Fineman Barry $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salerno Vincent A $1,000,000
Closed Salerno Vincent A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $2,600,000 -7.0% $889 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $2,795,000 +3.5% $955 / Sq Ft
11/29/2021 11/29/21 Sold $2,700,000 +8.2% $945 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $2,495,000 +126.8% $874 / Sq Ft
01/06/2021 01/06/21 Sold $1,100,000 -8.3% --
11/19/2020 11/19/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $1,199,000 -7.7% --
11/13/2020 11/13/20 For Sale $1,299,000 0.0% --
11/08/2020 11/08/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $1,299,000 -- --
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 $15,489 $1,768,600 $825,000 $943,600
2024 $15,385 $1,734,500 $825,000 $909,500
2023 $14,431 $1,734,500 $825,000 $909,500
2022 $6,864 $825,000 $825,000 $0
2021 $8,074 $1,001,900 $825,000 $176,900
2020 $7,422 $746,700 $595,000 $151,700
2019 $7,489 $746,700 $595,000 $151,700
2018 $7,265 $746,700 $595,000 $151,700
2017 $7,303 $746,700 $595,000 $151,700
2016 $7,362 $746,700 $595,000 $151,700
2015 $7,355 $746,700 $595,000 $151,700
2014 $7,176 $746,700 $595,000 $151,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2021918

Bright MLS

APN: 18-00008-08-00002