NOT LISTED FOR SALE

Estimated Value: $1,194,000 - $1,873,000

0.09 Acres
$17,207,111 Price per Acre
3,847 Sq Ft Lot

Sale Details

Date Sold: February 14, 2023

Last sale price $900,000

Est. 72% increase in value since last sale

Current estimated payment $9,006 / mo

20 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • No HOA
  • Level Lot

About This Lot

As of February 2023

A Rare Find - Oceanblock lot cleared and ready to build. Irregular lot size - 50 x78 x 50x75 - 3,847 sq ft - can accommodate apporximate footprint of 1,346. This is the lot to the east side of the parcel.
Sub-division was just granted for this lot so the assesment, taxes are not available yet. Listing shows figures for full lot prior to sub-division. Buyers responsible to pursue due diligence with the building/zoning department of Ship Bottom.

Last Agent to Sell the Property

Eileen Matson

(609) 494-0700 info@maryallen.com Mary Allen Realty, Inc. License #8635959 Listed on: 09/23/2022

Last Buyer's Agent

Edward Freeman Sr

(609) 900-3534 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673

Freeman & Company Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 3,847 Sq Ft Lot
  • Lot Dimensions are 50'x50x78x75
  • Building is oceanfront but unit may not have water views
  • No Through Street
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned R3

Location

  • Flood Zone Lot
  • Flood Risk

Schools

  • Long Beach Island Grade Elementary School

Utilities

  • Public Hookup Available For Sewer
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 29-00020-00018

Property Details

Property Type

Land

Lot Details

3,847 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 214.45

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cleared, Irregular, Level, Flood Plain, No Thru Street
  • Lot Size Acres: 0.09
  • Lot Dimensions: 50'x50x78x75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3847.00
  • Zoning: R3
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075614
  • Assessor Parcel Number: 29-00020-00018
  • Tax Lot: 18
  • Tax Year: 2021

MLS Schools

  • School District Name: LONG BEACH ISLAND SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2009
Sold by
Chaves Andrew and Chaves Areti
Bought by
Setaro Joseph B and Setaro Anna Hynes
Current Estimated Value
$1,548,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Outstanding Balance
$336,027
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,212,613

Purchase Details

Closed on
Oct 7, 2003
Sold by
Evans Stephen M
Bought by
Chaves Andrew and Chaves Areti

Purchase Details

Closed on
Jan 29, 1998
Sold by
Robinson Elizabeth C
Bought by
Evans Stephen M and Lopresti Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.95%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Setaro Joseph B $683,500 First American Title Ins Co
Chaves Andrew $649,000 --
Evans Stephen M $230,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Setaro Joseph B $533,850
Previous Owner Evans Stephen M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2023 02/14/23 Sold $900,000 +9.1% --
10/13/2022 10/13/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $825,000 -- --
Source: Bright MLS

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 $7,498 $821,300 $684,000 $137,300
2024 $7,285 $821,300 $684,000 $137,300
2023 $6,833 $821,300 $684,000 $137,300
2022 $6,833 $821,300 $684,000 $137,300
2021 $6,620 $821,300 $684,000 $137,300
2020 $5,555 $558,900 $476,000 $82,900
2019 $5,606 $558,900 $476,000 $82,900
2018 $5,438 $558,900 $476,000 $82,900
2017 $5,466 $558,900 $476,000 $82,900
2016 $5,511 $558,900 $476,000 $82,900
2015 $5,505 $558,900 $476,000 $82,900
2014 $5,371 $558,900 $476,000 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2013532

Bright MLS

APN: 18-00006-12-00003

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