NOT LISTED FOR SALE

111 Newark Ave Lavallette, NJ 08735

Estimated Value: $1,633,226 - $2,596,000

5 Beds
2 Baths
2,400 Sq Ft
$793/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $732,500 $305 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $10,533/month

42 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Granite Countertops
  • Colonial Architecture
  • Bonus Room
  • 1-minute walk to Boro Ball Field

About This Home

As of April 2019

Lavallette - This well built 5 bedroom, 2 bath house is located just 2 blocks from the boardwalk. First floor features include sunny front porch, large living room, laundry room, office/5th bedroom, full bath, updated kitchen with center island, stainless steel appliances & granite countertops, attached dining area has enough space for your family and all your summer guests! Second floor has 4 more generous sized bedrooms and a full bath. Third level has a walk up attic with enough space for all your storage needs. House has hardwood floors throughout and is in move-in condition! Rear yard has plenty of parking and the separate private fenced in area is perfect for outside entertaining.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 02/01/2019

Last Buyer's Agent

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 34 x 100
  • Fenced

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Sliding Doors
  • Den
  • Bonus Room
  • Crawl Space
  • Walkup Attic

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00049-01-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,907

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, Colonial
  • Reso Interior Features: Attic - Walk Up, Bonus Room, Dec Molding, Den, Sliding Door, Breakfast Bar, Recessed Lighting
  • Year Built: 2008
  • Contract Info List PriceSqFt: 320.42
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 34 x 100
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Breakfast Cntr: Yes
  • Style Shore Colonial: Yes
  • Interior Attic - Walk Up: Yes
  • Interior Bonus Room: Yes
  • Foyer Floor - WW Carpet: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Fence, Patio, Porch - Enclosed
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 34 x 100
  • Parcel #: 16-00049-01-00016
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4907.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Basso Angelo N and Basso Dianne M
Bought by
Irrevocable Trust Of Dianne M Basso and Irrevocable Trust Of Angelo N Basso
Current Estimated Value
$1,903,057

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 7, 2019
Sold by
Lynn Gerardo Michael and Lynn Gerardo
Bought by
Basso Angelo N and Basso Dianne M
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Patricia Hallock
Chadwick Sales & Rentals LLC
Sold Price
$732,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2006
Sold by
Gerardo Michael and Gerardo Maryann
Bought by
Gerardo Michael and Gerardo Lynn

Purchase Details

Closed on
Dec 2, 1997
Sold by
Gerardo Carmine and Gerardo Jennie
Bought by
Gerardo Michael and Gerardo Maryann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Irrevocable Trust Of Dianne M Basso -- None Available
Basso Dianne M -- None Listed On Document
Basso Angelo N $732,500 Foundation Title Llc
Gerardo Michael -- None Available
Gerardo Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basso Angelo N $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $732,500 -- $305 / Sq Ft
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 $6,391 $675,600 $347,400 $328,200
2024 $6,202 $675,600 $347,400 $328,200
2023 $5,770 $675,600 $347,400 $328,200
2022 $5,770 $675,600 $347,400 $328,200
2021 $5,580 $675,600 $347,400 $328,200
2020 $5,547 $675,600 $347,400 $328,200
2019 $4,948 $505,400 $302,400 $203,000
2018 $4,907 $505,400 $302,400 $203,000
2017 $4,958 $505,400 $302,400 $203,000
2016 $4,796 $505,400 $302,400 $203,000
2015 $4,695 $505,400 $302,400 $203,000
2014 $4,715 $505,400 $302,400 $203,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Schlosser

    Seller's Agent in 2019

    Matthew Schlosser

    Schlosser Real Estate, Inc.

    (732) 604-3038

    88 in this area

    152 Total Sales

    Matthew Schlosser
    Section Image

  • P

    Buyer's Agent in 2019

    Patricia Hallock

    Chadwick Sales & Rentals LLC

    (973) 632-6340

    2 in this area

    45 Total Sales

    Patricia Hallock
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21904270

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00049-01-00016

New Jersey Ocean County Lavallette 08735

111 Newark Ave, Lavallette, NJ

Not Listed for Sale

Detached

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