NOT LISTED FOR SALE

106 Magnolia Ln Bayville, NJ 08721

Estimated Value: $607,000 - $737,000

3 Beds
2 Baths
1,457 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $490,000 $336 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,302/month

27 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Boat Lift
  • Dutch Colonial Architecture
  • No HOA

About This Home

As of May 2023

This charming waterfront cul de sac home offers easy access to Barnegat Bay and the privacy of a double lot. The two story, three bedroom, and two full bathroom design provides enough room for the whole family to enjoy life on the water. The outside of the property has 90 ft of vinyl bulkhead, 12,000 lb. boat lift, outdoor porch, and area for gardening. An oversized single car garage and large outdoor shed provide ample room for storage. This home is situated in a waterfront community that is perfect for full-time residents or weekend visitors. Enjoy waterfront living at an affordable price!

Last Agent to Sell the Property

Kara Scaramazza

Childers Sotheby's Intl Realty License #2082188 Listed on: 04/13/2023

Childers Sotheby's Intl Realty

Last Buyer's Agent

Kara Scaramazza

Childers Sotheby's Intl Realty License #2082188 Listed on: 04/13/2023

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,794

Year Built

  • Built in 1983

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 90 x 80
  • Property Fronts a Bay or Harbor
  • Home fronts a canal

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Dutch Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Wood Flooring
  • Bay Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Riparian rights to water flowing past the property
  • Bulkhead
  • Boat Lift
  • Docks
  • Balcony
  • Shed
  • Storage Shed
  • Porch

Schools

  • Central Reg Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Glen Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-01569-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,794

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bulkhead, Riparian Rts
  • Inclusions: AC Units, Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Stove, Gas Cooking
  • Subdivision Name: Glen Cove
  • Architectural Style: Dutch Colonial, 2 Story
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony
  • Reso Other Structures: Storage Shed
  • Year Built: 1983
  • Contract Info List PriceSqFt: 360.33
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.15
  • General Property Info Lot Dimensions: 90 x 80
  • Location Middle School: Central Reg Middle
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Balcony: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • GreatFamily Room Floor - Wood5: Yes
  • SidingBrick: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Lot Description Bayfront2: Yes
  • Style Dutch Colonial: Yes
  • Water Type Bayfront: Yes
  • Exterior Boat Lift: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Water Type CanalInlet: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.15
  • Waterfront Features: Bayfront, Bayview, Bulkhead, Canal/Inlet, Riparian Rights
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Boat Lift, Dock, Porch - Open, Shed, Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 90 x 80
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 06-01569-0000-00005
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8794.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 24, 2023
Sold by
Labate Henry A and Labate Diane E
Bought by
Demarco Andrew Victor
Seller's Agent
Kara Scaramazza
Childers Sotheby's Intl Realty
Buyer's Agent
Kara Scaramazza
Childers Sotheby's Intl Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
122
Current Estimated Value
$669,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,695
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Aug 1, 1990
Bought by
Labate Henry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demarco Andrew Victor $490,000 Realsafe Title
Labate Henry $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $490,000 -6.7% $336 / Sq Ft
04/13/2023 04/13/23 For Sale $525,000 -- $360 / 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 $9,311 $386,200 $247,200 $139,000
2024 $8,710 $386,200 $247,200 $139,000
2023 $8,544 $386,200 $247,200 $139,000
2022 $8,794 $386,200 $247,200 $139,000
2021 $8,358 $386,200 $247,200 $139,000
2020 $8,608 $386,200 $247,200 $139,000
2019 $8,369 $386,200 $247,200 $139,000
2018 $8,342 $386,200 $247,200 $139,000
2017 $8,033 $386,200 $247,200 $139,000
2016 $7,740 $386,200 $247,200 $139,000
2015 $7,520 $386,200 $247,200 $139,000
2014 $7,300 $386,200 $247,200 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22309096

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01569-0000-00005