NOT LISTED FOR SALE

11 Mermaid Rd Toms River, NJ 08753

Estimated Value: $622,000 - $690,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold January 27, 2022

Last sale price $460,000

Est. 43% increase in value since last sale

Current estimated payment $4,179/month

174 Days on Market

Highlights

  • Parking available for a boat
  • In Ground Pool
  • Bay View
  • Boat Lift
  • Home fronts a lagoon or estuary
  • Custom Home

About This Home

As of January 2022

Ranking among the best waterfront locations at the Jersey Shore, at the mouth of Goose Creek & the Barnegat Bay. Enjoy living on the lagoon with spectacular view of open water. Beautiful Lot with one piece in-ground pool.

Last Agent to Sell the Property

Joe Cassese

Cassese Realtors License #8543073 Listed on: 05/27/2021

Last Buyer's Agent

Joe Cassese

Cassese Realtors License #8543073 Listed on: 05/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Home fronts a lagoon or estuary

Home Design

  • Custom Home
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Bay Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Driveway
  • On-Street Parking
  • Parking available for a boat

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Boat Lift
  • Cove
  • Exterior Lighting

Location

  • Bayside

Schools

  • East Dover Elementary School
  • Tr Intr East Middle School
  • TOMS River East High School

Utilities

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

Community Details

  • No Home Owners Association
  • Shelter Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00724-10-00184

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside, Bulkhead, Cove, Lagoon
  • ResoPoolFeatures: In Ground
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Gas Cooking
  • Subdivision Name: Shelter Cove
  • Architectural Style: Custom
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: TR Intr East
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Eat-In: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • ExteriorOutdoorShower: Yes
  • SidingStucco: Yes
  • Allowable Boats: Yes
  • Exterior Boat Lift: Yes
  • Lot Description Cove2: Yes
  • Water Type Cove: 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:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Bayview, Cove, Lagoon
  • Waterfront: Yes
  • Exterior Features: Boat Lift, Outdoor Shower, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: TR Intr East

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 08-00724-10-00184
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6552.0

MLS Schools

  • Elementary School: East Dover
  • High School: Toms River East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jan 25, 2022
Sold by
Gorga and Melissa
Bought by
Gabriel Jeffrey W and Gabriel Alessandra S
Seller's Agent
Joe Cassese
Cassese Realtors
Buyer's Agent
Joe Cassese
Cassese Realtors
List Price
$649,900
Sold Price
$460,000
Premium/Discount to List
-$189,900
-29.22%
Current Estimated Value
$658,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,752
Avg. Annual Appreciation
10.19%
Original Mortgage
$368,000
Outstanding Balance
$341,716
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$317,036

Purchase Details

Closed on
May 5, 2005
Sold by
Pugliese Dominick and Pugliese Anita
Bought by
Gorga Joseph and Gorga Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac
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
Gabriel Jeffrey W $460,000 Counsellors Title
Gabriel Jeffrey W $460,000 Counsellors Title
Gorga Joseph $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Jeffrey W $368,000
Closed Gabriel Jeffrey W $368,000
Previous Owner Gorga Joseph $360,000
Closed Gorga Joseph $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $460,000 -9.8% --
11/18/2021 11/18/21 Pending -- -- --
10/11/2021 10/11/21 Price Changed $510,000 -5.6% --
09/08/2021 09/08/21 Price Changed $539,999 -16.9% --
05/27/2021 05/27/21 For Sale $649,900 -- --
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 $8,683 $476,800 $235,000 $241,800
2024 $8,253 $476,800 $235,000 $241,800
2023 $7,958 $476,800 $235,000 $241,800
2022 $7,958 $476,800 $235,000 $241,800
2021 $6,581 $262,700 $153,900 $108,800
2020 $6,552 $262,700 $153,900 $108,800
2019 $6,268 $262,700 $153,900 $108,800
2018 $6,184 $262,700 $153,900 $108,800
2017 $6,131 $262,700 $153,900 $108,800
2016 $5,971 $262,700 $153,900 $108,800
2015 $5,745 $262,700 $153,900 $108,800
2014 $5,469 $262,700 $153,900 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22116701

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00724-10-00184