NOT LISTED FOR SALE

Estimated Value: $1,283,000 - $2,799,000

5 Beds
3.5 Baths
2,600 Sq Ft
$909/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $1,475,000 $567 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $14,205/month

100 Days on Market

Highlights

  • 40 Feet of Waterfront
  • New Construction
  • Open Floorplan
  • 2 Dock Slips
  • Bay View
  • 1-minute walk to 3rd St Playground

About This Home

As of November 2019

BAYFRONT NEW CONSTRUCTION just completed! Nestled in a private cove and quiet street, this 2600 sq ft boasts 5 bedrooms, 3.5 baths, private office, large open floor plan with fireplace and wetbar, large open kitchen with island, master suite, jr master suite, large laundry room, wood floors, large decks for entertaining, elevator, the list goes on and on. Complete with new dock , just bring your boat and chairs and enjoy countless sunsets. With a limited number of new construction bayfronts, this wont last., the list goes on and on. Complete with new dock, just bring your boat and chairs and enjoy countless sunsets. With a limited number of new construction bayfronts

Last Agent to Sell the Property

Matthew Garabedian

Garabedian Realty Group, LLC Listed on: 07/10/2019

Last Buyer's Agent

Drew Guarino

RE/MAX at Barnegat Bay - Ship Bottom

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,915

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50x85
  • 40 Feet of Waterfront
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Gas Fireplace
  • Sliding Doors
  • Wood Flooring
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property near a bay
  • Bulkhead
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 32-00095-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,915

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2019
  • Remarks Public: BAYFRONT NEW CONSTRUCTION just completed! Nestled in a private cove and quiet street, this 2600 sq ft boasts 5 bedrooms, 3.5 baths, private office, large open floor plan with fireplace and wetbar, large open kitchen with island, master suite, jr master suite, large laundry room, wood floors, large decks for entertaining, elevator, the list goes on and on. Complete with new dock , just bring your boat and chairs and enjoy countless sunsets. With a limited number of new construction bayfronts, this wont last., the list goes on and on. Complete with new dock, just bring your boat and chairs and enjoy countless sunsets. With a limited number of new construction bayfronts
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Stove
  • Flooring Type: Wood
  • Interior Amenities: Breakfast Area, Elevator, Kitchen - Island, Floor Plan - Open, Wet/Dry Bar, Primary Bath(s), Stall Shower
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Slab
  • Levels Count: 3+
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 595.77
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 106

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Bay
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 40

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Bulkheaded
  • Lot Dimensions: 50x85
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Zoning: SINGLE
  • Zoning Description: single

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3095601
  • Assessor Parcel Number: 32-00095-0000-00012
  • Tax Lot: 12
  • Tax Year: 2018
  • Close Date: 11/15/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 15, 2019
Sold by
106 Bay Terrace Llc
Bought by
Swope And Segal Llc
Seller's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
Buyer's Agent
Drew Guarino
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,699,000
Sold Price
$1,475,000
Premium/Discount to List
-$224,000
-13.18%
Current Estimated Value
$2,363,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$888,813
Avg. Annual Appreciation
8.50%

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 21, 2018
Sold by
Bayer Carloe A
Bought by
106 Bay Terrace Llc
Seller's Agent
Raymond Procaccini Jr.
Oceanside Realty
Buyer's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
List Price
$999,999
Sold Price
$740,000
Premium/Discount to List
-$259,999
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.88%
Original Mortgage
$992,192
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2014
Sold by
Bayer Carole A
Bought by
Bayer Carole A and Bayer Living Trust
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
Swope And Segal Llc $1,475,000 Surety Ttl Agcy Coastal Regi
106 Bay Terrace Llc $740,000 City Abstract
Bayer Carole A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 106 Bay Terrace Llc $992,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $1,475,000 -4.8% $567 / Sq Ft
09/27/2019 09/27/19 Price Changed $1,549,000 -8.8% $596 / Sq Ft
07/10/2019 07/10/19 For Sale $1,699,000 +129.6% $653 / Sq Ft
10/26/2018 10/26/18 Sold $740,000 -26.0% $285 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
09/14/2017 09/14/17 For Sale $999,999 -- $385 / Sq Ft
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 $15,915 $1,525,900 $873,000 $652,900
2024 $15,335 $1,525,900 $873,000 $652,900
2023 $14,954 $1,525,900 $873,000 $652,900
2022 $14,954 $1,525,900 $873,000 $652,900
2021 $13,764 $1,525,900 $873,000 $652,900
2020 $13,321 $1,525,900 $873,000 $652,900
2019 $7,604 $873,000 $873,000 $0
2018 $9,199 $906,300 $738,400 $167,900
2017 $9,317 $906,300 $738,400 $167,900
2016 $9,090 $906,300 $738,400 $167,900
2015 $8,719 $906,300 $738,400 $167,900
2014 $8,673 $906,300 $738,400 $167,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC380288

Bright MLS

APN: 32-00095-0000-00012