NOT LISTED FOR SALE

1104 Ocean Ave Belmar, NJ 07719

Estimated Value: $2,865,000 - $3,581,000

5 Beds
4.5 Baths
4,436 Sq Ft
$716/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $2,125,000 $479 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $19,194/month

165 Days on Market

Highlights

  • Ocean Front
  • Custom Home
  • Wood Flooring
  • Solar Power System
  • Fireplace in Primary Bedroom
  • 2-minute walk to Belmar Beach Playground

About This Home

As of February 2021

OCEANFRONT LIVING WELCOMES YOU! Enjoy unobstructed Ocean views for miles! The newly remodeled gourmet kitchen offers custom cabinets, Quartz countertops, double Viking Stoves, SubZero full refrigerator & freezer, & KitchenAid range. Large picture windows in both living & dining rooms afford dramatic views! Fabulous open floor plan includes, living room with gas fireplace & plantation shutters, dining room that includes wet bar with Quartz counter & wine refrigerator. For your convenience this home has a 3 story vacuum operated elevator. Newly renovated 2nd floor powder room! Amazing Master Suite with double sided gas fireplace, hardwood floors, private balcony, large walk-in closet & custom built wardrobe for extra storage. Laundry on both 1st and 3rd floors. Come live the dream!

Last Agent to Sell the Property

Taylor Norton

The Gallery Residential Brokerage License #0789127 Listed on: 12/29/2020

Last Buyer's Agent

Kathleen Froelich

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,305

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45 x 92
  • Ocean Front

Parking

  • 2 Car Direct Access Garage
  • Double-Wide Driveway

Home Design

  • Custom Home
  • Stucco Exterior

Interior Spaces

  • 4,436 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room
  • Breakfast Room
  • Dining Room
  • Ocean Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Fireplace in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Solar Power System
  • Balcony

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 07-00110-0000-00018-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,305

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Wall Oven, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Balcony, Built-Ins, Dec Molding, Elevator, Sliding Door, Wet Bar, Recessed Lighting
  • Year Built: 2004
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.1
  • General Property Info Lot Dimensions: 45 x 92
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Dec Molding5: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Rooms Breakfast: Yes
  • Exterior Solar Panels: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Foyer Double Door Entry: Yes
  • SidingStucco: Yes
  • Dining Room Built-Ins3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features Solar Features: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Appliances Included:Wall Oven: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bath Fireplace - Gas3: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.1
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: personal belongings
  • Exterior Features: Balcony, Security System, Solar Panels

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Double Wide Drive, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 45 x 92
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 07-00110-0000-00018-04

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 25305.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 5, 2021
Sold by
Vespia Philip and Vespia Patricia
Bought by
Lakhani Vipul
Seller's Agent
Taylor Norton
The Gallery Residential Brokerage
Buyer's Agent
Kathleen Froelich
Redfin Corporation
List Price
$2,599,000
Sold Price
$2,125,000
Premium/Discount to List
-$474,000
-18.24%
Current Estimated Value
$3,174,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,671
Avg. Annual Appreciation
9.08%
Original Mortgage
$1,700,000
Outstanding Balance
$1,520,463
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,654,208

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 26, 2014
Sold by
Dugan Sean and Martha Dugan J
Bought by
Vespia Grandchildren Trust and Vespia Philip
Seller's Agent
Linda Romano
Coldwell Banker Realty
Buyer's Agent
Taylor Norton
The Gallery Residential Brokerage
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Jun 22, 2004
Sold by
Signal Hill Realty Corp
Bought by
Dugan Sean and Dugan Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.33%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Beach Dev Two Llc
Bought by
Signal Hill Realty Corp
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
Lakhani Vipul $2,125,000 Wfg National Title Ins Co
Vespia Grandchildren Trust $1,825,000 Wfg National Title Ins Co
Dugan Sean $2,075,000 --
Signal Hill Realty Corp $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhani Vipul $1,700,000
Previous Owner Dugan Sean $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $2,125,000 -18.2% $479 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $2,599,000 0.0% $586 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $2,599,000 +42.4% $586 / Sq Ft
10/02/2014 10/02/14 Sold $1,825,000 -- $415 / Sq Ft View Prior Sale
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 $27,549 $1,893,400 $1,050,000 $843,400
2024 $26,621 $1,893,400 $1,050,000 $843,400
2023 $26,621 $1,893,400 $1,050,000 $843,400
2022 $25,693 $1,893,400 $1,050,000 $843,400
2021 $25,693 $1,893,400 $1,050,000 $843,400
2020 $25,305 $1,881,400 $1,050,000 $831,400
2019 $25,305 $1,881,400 $1,050,000 $831,400
2018 $23,235 $1,881,400 $1,050,000 $831,400
2017 $22,671 $1,881,400 $1,050,000 $831,400
2016 $26,477 $1,385,500 $603,000 $782,500
2015 $27,163 $1,415,500 $633,000 $782,500
2014 $26,123 $1,350,000 $708,000 $642,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22027257

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00110-0000-00018-04