NOT LISTED FOR SALE

112 E 16th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,664,000 - $2,699,000

0.14 Acre
$14,602,478 Price per Acre
6,011 Sq Ft Lot

Last Sold December 28, 2015

Last sale price $585,000 $234 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $11,969/month

42 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Level Lot
  • Building is oceanfront but unit may not have water views

About This Lot

As of December 2015

THERE IS AN EXISTING BUILDING ON THE PROPERTY WHICH IS TO BE TORN TOWN AT THE OWNERS EXPENSE.THE LOT WILL BE VACANT AND WILL NOT BE CONVEYED WITH THE BUILDING.

Last Agent to Sell the Property

Tom Newbern

(609) 709-8322 tom@lbi4sale.com The Van Dyk Group - Long Beach Island License #7859423 Listed on: 09/10/2015

Last Buyer's Agent

Charles Perkins

cmperkins20@hotmail.com RE/MAX of Long Beach Island

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,400

Lot Details

  • Lot Dimensions are 60x100
  • Building is oceanfront but unit may not have water views
  • Level Lot
  • The property's topography is level

Additional Features

  • Ocean Views
  • Flood Risk

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 29-66-5

Property Details

Property Type

Land

Est. Annual Taxes

$8,400

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 156000.00
  • Lot Features: Level
  • Lot Dimensions: 60x100
  • Topography: Level
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8400.00
  • Assessor Parcel Number: 29-66-5
  • Tax Lot: 5
  • Tax Year: 2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Dec 22, 2015
Sold by
Tamburri Michael P
Bought by
Bott Mark and Bott Jessica
Seller's Agent
Tom Newbern
The Van Dyk Group - Long Beach Island
Buyer's Agent
Charles Perkins
RE/MAX of Long Beach Island
List Price
$579,000
Sold Price
$585,000
Premium/Discount to List
$6,000
1.04%
Current Estimated Value
$2,015,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430,142
Avg. Annual Appreciation
13.14%
Original Mortgage
$380,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Tamburri Enterprises Inc
Bought by
Tamburri Michael P
Source: Public Records
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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
Bott Mark $585,000 None Available
Tamburri Michael P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bott Mark $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $585,000 +1.0% $234 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $579,000 -- $232 / 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
2025 $17,185 $1,426,100 $600,000 $826,100
2024 $16,386 $1,426,100 $600,000 $826,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Newbern

    The Van Dyk Group - Long Beach Island

    (609) 709-8322

    11 in this area

    13 Total Sales

    Tom Newbern
    Section Image

  • C

    Buyer's Agent in 2015

    Charles Perkins

    RE/MAX

    2 in this area

    2 Total Sales

    Charles Perkins
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC192814

Bright MLS

APN: 29-00066-0000-00006

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

112 E 16th St, Ship Bottom, NJ

Not Listed for Sale

Lots

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