NOT LISTED FOR SALE

Estimated Value: $2,231,490

-- Bed
3 Baths
2,258 Sq Ft
$988/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $1,410,000 $624 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,025/month

16 Days on Market

Highlights

  • Water Views
  • Private Water Access
  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water
  • 0.36 Acre Lot
  • Traditional Architecture

About This Home

As of November 2021

Build your ideal LBI family compound, rental property or luxury residence on the exclusive North Beach private lane known as Barbay Road. This oversized duplex-zoned lot is 15,525 sq ft (.36 acres) offering land more than 1.5 times the size of a standard buildable lot. In addition, this private North Beach property delivers the rare find of DEEDED ocean and bay access. This location is ideal for construction of a duplex or a large single family home. Also plenty of room for outdoor entertaining space, a pool and lush landscaping. **DO NOT DISTURB OCCUPANT. Realtor MUST accompany any potential buyer walking the exterior of the property;

Last Agent to Sell the Property

Kathleen Ries

Keller Williams Realty Preferred Properties License #0228827 Listed on: 08/04/2021

Keller Williams Realty Preferred Properties

Co-Listed By

Diane Gray

Keller Williams Realty Preferred Properties License #2080241

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673

RE/MAX at Barnegat Bay - Ship Bottom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 115.00 x 135.00
  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,258 Sq Ft Home
  • Water Views

Outdoor Features

  • Private Water Access
  • Property near a bay

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • North Beach Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 18-00018 96-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,628

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Build your ideal LBI family compound, rental property or luxury residence on the exclusive North Beach private lane known as Barbay Road. This oversized duplex-zoned lot is 15,525 sq ft (.36 acres) offering land more than 1.5 times the size of a standard buildable lot. In addition, this private North Beach property delivers the rare find of DEEDED ocean and bay access. This location is ideal for construction of a duplex or a large single family home. Also plenty of room for outdoor entertaining space, a pool and lush landscaping. **DO NOT DISTURB OCCUPANT. Realtor MUST accompany any potential buyer walking the exterior of the property;
  • Special Features: None

Interior Features

  • Basement: No
  • Total Sq Ft: 2258
  • Living Area Sq Ft: 2258
  • Price Per Sq Ft: 708.59
  • Above Grade Finished Sq Ft: 2258
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1096

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • 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

  • HOA: No

Schools

  • School District: LONG BEACH ISLAND SCHOOLS
  • School District Key: 300200396370
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 137400.00
  • Land Assessed Value: 630000.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 115.00 x 135.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15525.00
  • Year Assessed: 2020
  • Zoning: R10E
  • Zoning Description: LBT zoned duplex; Bldg Class 43

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026382
  • Tax Annual Amount: 7628.00
  • Assessor Parcel Number: 18-00018 96-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 2258
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/03/2021

MLS Schools

  • School District Name: LONG BEACH ISLAND SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Barbay Street Llc
Bought by
Liantonio Collette and Debenedetto Jan
Total Days on Market
16
Current Estimated Value
$2,231,490

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
$488,734
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2023
Sold by
Barbay Street Llc
Bought by
Novak Raymond and Novak Christine

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
$488,734
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2023
Sold by
Barbay Street Llc
Bought by
Barbay Street Llc

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
$488,734
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 27, 2021
Sold by
Camp Patricia M
Bought by
Barbay Street Llc
Seller's Agent
Kathleen Ries
Keller Williams Realty Preferred Properties
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,600,000
Sold Price
$1,410,000
Premium/Discount to List
-$190,000
-11.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,208,675
Interest Rate
2.88%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 20, 2011
Sold by
Christman Patricia Camp
Bought by
Camp Patricia M

Purchase Details

Closed on
Apr 13, 2011
Sold by
Christman Steven W
Bought by
Camp Patricia M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liantonio Collette $2,395,000 Surety Title
Novak Raymond $2,395,000 Chicago Title
Barbay Street Llc -- University Title
Barbay Street Llc $1,410,000 University Title Ins Agcy
Camp Patricia M -- None Available
Camp Patricia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Raymond $500,000
Previous Owner Barbay Street Llc $2,208,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $1,410,000 -11.9% $624 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $1,600,000 -- $709 / 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 $5,987 $0 $0 $0
2023 $7,025 $675,000 $675,000 $0
2022 $7,025 $844,300 $675,000 $169,300
2021 $6,771 $840,100 $675,000 $165,100
2020 $7,628 $767,400 $630,000 $137,400
2019 $7,697 $767,400 $630,000 $137,400
2018 $7,467 $767,400 $630,000 $137,400
2017 $7,505 $767,400 $630,000 $137,400
2016 $7,567 $767,400 $630,000 $137,400
2015 $7,559 $767,400 $630,000 $137,400
2014 $7,211 $750,400 $630,000 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2001700

Bright MLS

APN: 18-00018-96-00007