NOT LISTED FOR SALE

Estimated Value: $1,856,000 - $2,194,000

4 Beds
2.5 Baths
1,800 Sq Ft
$1,120/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $1,150,000 $639 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,874/month

Highlights

  • New Construction
  • No HOA
  • Forced Air Heating and Cooling System
  • Bayside
  • More Than Two Accessible Exits
  • 1-minute walk to 3rd St Playground

About This Home

As of May 2021

This home is located at 109 S Barnegat Ave, Surf City, NJ 08008 since 12 October 2020 and is currently estimated at $2,015,366, approximately $1,119 per square foot. This property was built in 2020. 109 S Barnegat Ave is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Last Agent to Sell the Property

William Hodgson Jr

Island Realty-Surf City Listed on: 10/12/2020

Last Buyer's Agent

David Sheridan

BHHS Zack Shore REALTORS

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,775

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,250 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • Bayside

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32-00095-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,775

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Reverse
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2020-10-25
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 666.11
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4250.00
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3095592
  • Tax Annual Amount: 7775.00
  • Assessor Parcel Number: 32-00095-00001
  • Tax Year: 2019
  • Close Date: 05/05/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Mar 19, 2021
Sold by
Fhw Land Acquistion Llc
Bought by
Peyrek Thomas and Peyrek Barbara
Seller's Agent
William Hodgson Jr
Island Realty-Surf City
Buyer's Agent
David Sheridan
BHHS Zack Shore REALTORS
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Current Estimated Value
$2,015,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,366
Avg. Annual Appreciation
13.72%
Original Mortgage
$500,000
Outstanding Balance
$454,488
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,536,894

Purchase Details

Closed on
Feb 22, 2021
Sold by
Fhw Land Acquisition Llc
Bought by
Colosi Christopher S and Colosi Catherine A

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
Outstanding Balance
$454,488
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$1,536,894

Purchase Details

Closed on
Sep 24, 2020
Sold by
Gavio Saville Marie F Del
Bought by
Fhw Land Acquisition Llc

Purchase Details

Closed on
Jun 11, 2020
Sold by
Saville Phillip
Bought by
Delgavio Saville Marie F

Purchase Details

Closed on
Feb 3, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Chen Zhongshen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2020
Sold by
Gavio Anna L Del
Bought by
Gavio Saville Marie F Del

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Gavio Rudolph J Del
Bought by
Gavio Saville Marie F Del

Purchase Details

Closed on
Nov 25, 2019
Sold by
Gavio Dominick J Del
Bought by
Gavio Saville Marie F Del

Purchase Details

Closed on
Nov 23, 2019
Sold by
Shaw Lex
Bought by
Gavio Saville Marie Del
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
Peyrek Thomas $1,150,000 Southern Shores Ttl Agcy Llc
Colosi Christopher S $500,000 First American Mortgage Sln
Fhw Land Acquisition Llc $840,000 None Available
Delgavio Saville Marie F -- Chicago Title Company Llc
Chen Zhongshen $140,188 Servicelink Llc
Gavio Saville Marie F Del -- Chicago Title Company Llc
Gavio Saville Marie F Del $37,500 Chicagotitle Company Llc
Gavio Saville Marie F Del $37,500 Westcor Land Title Ins Co
Gavio Saville Marie F $375,000 None Available
Gavio Saville Marie Del $37,500 Chicagotitle Company Llc
Delgavio Saville Marie F $37,500 Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peyrek Thomas $500,000
Closed Colosi Christopher S $660,000
Previous Owner Chen Zhongshen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Off Market $1,150,000 -- --
05/05/2021 05/05/21 Sold $1,150,000 -4.1% $639 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $1,199,000 0.0% $666 / Sq Ft
10/12/2020 10/12/20 For Sale $1,199,000 -- $666 / 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 $10,081 $1,003,100 $371,200 $631,900
2023 $9,830 $1,003,100 $371,200 $631,900
2022 $9,830 $1,003,100 $371,200 $631,900
2021 $3,348 $371,200 $371,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400616

Bright MLS

APN: 32 00095-0000-00002