NOT LISTED FOR SALE

105 11th Ave Belmar, NJ 07719

Estimated Value: $2,889,000 - $3,405,020

0.17 Acre
$18,511,824 Price per Acre
7,405 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $1,150,000 $297 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $18,225/month

385 Days on Market

About This Lot

As of May 2023

WOW VALUE FOR this close to beach. Just houses to beach! $2M+ 2nd block Sea girt sales & recent tear down sales for the same lot size (50 x 150): 204 8th Ave, Belmar @ 1,150,000 for 2nd block. You will enjoy ocean views and the ability to build exactly what you want. This sought after 50 x 150 land offers so much potential to create your own dream home by the sea. Whether you want a pool, elevator, small house to downsize to or big house for your whole family to come to the summer beach house hub it is all possible here at 105 11th Ave. Create your own vision and watch your dream home come to life. Plans available for this lot and local builders available to discuss bringing your vision to life. Call today to secure a rare beach block property. X-flood zone which is a positive. your family & friends for many years of enjoyment to come.

Last Agent to Sell the Property

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 02/28/2023

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Gregory DeTommaso

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1326829

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
105 11Th Avenue Llc
Bought by
Ferraez Bryan and Ferraez Christine
Total Days on Market
385
Current Estimated Value
$3,147,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,295,200
Outstanding Balance
$2,259,701
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$887,309

Purchase Details

Listed on
Feb 28, 2023
Closed on
May 4, 2023
Sold by
Belmar-105 Eleventh Avenue Llc
Bought by
105 11Th Avenue Llc
Seller's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Gregory DeTommaso
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$1,199,999
Sold Price
$1,150,000
Premium/Discount to List
-$49,999
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.78%
Original Mortgage
$2,100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2021
Sold by
Down To Earth Construction Llc
Bought by
Belmar-105 Eleventh Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Chapman Noel and Chapman Stacy
Bought by
Down To Earth Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2009
Sold by
11 Edge Llc
Bought by
Chapman Noel
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ferraez Bryan $3,110,000 Acres Land Title
105 11Th Avenue Llc $1,150,000 First American Title
Belmar-105 Eleventh Avenue Llc $825,000 New Title Company Name
Down To Earth Construction Llc $1,850,000 Green Label Title
Chapman Noel $750,000 Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraez Bryan $2,295,200
Previous Owner 105 11Th Avenue Llc $2,100,000
Previous Owner Belmar-105 Eleventh Avenue Llc $450,000
Previous Owner Down To Earth Construction Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2023 05/06/23 Pending -- -- --
05/05/2023 05/05/23 Sold $1,150,000 -4.2% $297 / Sq Ft
04/19/2023 04/19/23 For Sale $1,199,999 0.0% $310 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $1,199,999 +4.3% $310 / Sq Ft
01/08/2023 01/08/23 Off Market $1,150,000 -- --
09/13/2022 09/13/22 Price Changed $1,199,999 -7.6% $310 / Sq Ft
07/31/2022 07/31/22 Price Changed $1,299,000 -3.8% $336 / Sq Ft
06/13/2022 06/13/22 Price Changed $1,349,999 -3.6% $349 / Sq Ft
04/14/2022 04/14/22 For Sale $1,400,000 -- $362 / 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
2024 $7,733 $550,000 $550,000 $0
2023 $7,733 $550,000 $550,000 $0
2022 $7,464 $550,000 $550,000 $0
2021 $7,464 $550,000 $550,000 $0
2020 $7,398 $550,000 $550,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22210806

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00110-0000-00004-02