NOT LISTED FOR SALE

Estimated Value: $1,513,725 - $1,913,000

5 Beds
2 Baths
1,700 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $1,299,000 $764 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,929/month

5 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Deck
  • No HOA
  • Coastal Architecture
  • Furnished
  • Breakfast Area or Nook

About This Home

As of December 2021

Welcome home to 107 East 29th Street in Ship Bottom. This beautifully renovated OCEAN BLOCK 5 bedroom, 2 bath home is located on a private street with no streets to cross to access the beach! Great layout on a raised first-floor featuring an open concept living, kitchen, and dining area with 2 spacious bedrooms, 1 full bath, and laundry area. The second-floor features 3 large bedrooms and 1 full bath. Large backyard has a north facing deck, firepit, outdoor shower, and plenty of area for entertaining. It's never too hot inside the house with 2 zone central AC! Two car garage has an additional 3 large storage areas (could be used as owner's storage) and plenty of parking on the front and side of the house. This turn-key/fully furnished home generated over $67,000 in rental income for the 2021 season. Located only 8 houses to the ocean in a narrow part of the Island guarantees that the beach is never crowded. Make lasting memories in this well-maintained property with a great rental history. Close to many conveniences including miniature golf, restaurants, surf shops and one of the Islands best bakeries!

Last Agent to Sell the Property

Patrick Pietrefesa

BHHS Zack Shore REALTORS License #0123411 Listed on: 10/05/2021

BHHS Zack Shore REALTORS

Last Buyer's Agent

Christine Johnson

Mary Allen Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 1962

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 50.00 x 75.00
  • Building is oceanfront but unit may not have water views
  • South Facing Home
  • Vinyl Fence
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R3

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Foundation Flood Vent
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 29-00019-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,199

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Ownership: Fee Simple
  • Exclusions: sellers would like some art work/decorations.
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 107 East 29th Street in Ship Bottom. This beautifully renovated OCEAN BLOCK 5 bedroom, 2 bath home is located on a private street with no streets to cross to access the beach! Great layout on a raised first-floor featuring an open concept living, kitchen, and dining area with 2 spacious bedrooms, 1 full bath, and laundry area. The second-floor features 3 large bedrooms and 1 full bath. Large backyard has a north facing deck, firepit, outdoor shower, and plenty of area for entertaining. It's never too hot inside the house with 2 zone central AC! Two car garage has an additional 3 large storage areas (could be used as owner's storage) and plenty of parking on the front and side of the house. This turn-key/fully furnished home generated over $67,000 in rental income for the 2021 season. Located only 8 houses to the ocean in a narrow part of the Island guarantees that the beach is never crowded. Make lasting memories in this well-maintained property with a great rental history. Close to many conveniences including miniature golf, restaurants, surf shops and one of the Islands best bakeries!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Recessed Lighting, Window Treatments
  • Window Features: Double Hung, Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 2
  • Room Count: 9
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 764.12
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower, Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Stone Driveway
  • Garage Features: Garage Door Opener, Garage - Rear Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Vinyl
  • Improvement Assessed Value: 222000.00
  • Land Assessed Value: 364500.00
  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.09
  • Lot Dimensions: 50.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3750.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075580
  • Tax Annual Amount: 6199.00
  • Assessor Parcel Number: 29-00019-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/01/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2017
Closed on
Dec 17, 2017
Sold by
Gennuso Robert P and Gennuso Carmen T
Bought by
Grossman Jed and Grossman Patricia
Seller's Agent
Kim Pileggi
The Van Dyk Group - Long Beach Island
Buyer's Agent
Christopher Baumann
BHHS Zack Shore REALTORS
List Price
$749,000
Sold Price
$739,000
Premium/Discount to List
-$10,000
-1.34%
Current Estimated Value
$1,705,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,681
Avg. Annual Appreciation
10.97%
Original Mortgage
$230,000
Outstanding Balance
$192,394
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,451,872

Purchase Details

Closed on
Jun 11, 2004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,900
Interest Rate
5.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Grossman Jed $739,000 Surety Title
-- $759,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Jed $230,000
Previous Owner Gennuso Robert P $395,000
Previous Owner Gennuso Robert P $400,000
Previous Owner Gennuso Robert P $409,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $1,299,000 0.0% $764 / Sq Ft
10/05/2021 10/05/21 For Sale $1,299,000 +75.8% $764 / Sq Ft
12/21/2017 12/21/17 Sold $739,000 -1.3% $462 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $749,000 -- $468 / 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
2024 $7,616 $858,600 $684,000 $174,600
2023 $7,144 $858,600 $684,000 $174,600
2022 $7,144 $858,600 $684,000 $174,600
2021 $6,920 $858,600 $684,000 $174,600
2020 $6,440 $647,900 $476,000 $171,900
2019 $6,442 $642,300 $476,000 $166,300
2018 $6,250 $642,300 $476,000 $166,300
2017 $6,282 $642,300 $476,000 $166,300
2016 $6,333 $642,300 $476,000 $166,300
2015 $6,327 $642,300 $476,000 $166,300
2014 $6,173 $642,300 $476,000 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2002804

Bright MLS

APN: 18-00006-17-00004