NOT LISTED FOR SALE

112 Reese Ave Lavallette, NJ 08735

Estimated Value: $1,012,000 - $1,668,000

5 Beds
2 Baths
1,512 Sq Ft
$879/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $535,000 $354 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,473/month

44 Days on Market

Highlights

  • Water Views
  • No HOA
  • Oversized Parking
  • Colonial Architecture
  • 1 Car Detached Garage
  • Air Conditioning

About This Home

As of February 2017

Legal two family located 2 blocks to the beach and 1 block to the Reese Ave bathing beach, pier and playground. Two bedrooms on the lower level, three bedrooms on the second level with nice bay views. One car detached garage. 50x100 lot with a driveway on each side for plenty of off street parking. Gas fireplace space heaters heat each floor.

Last Agent to Sell the Property

Anthony Belli

Schlosser Real Estate, Inc. License #8838934 Listed on: 11/09/2016

Last Buyer's Agent

Anthony Belli

Schlosser Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1930

Lot Details

  • 5,009

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Air Conditioning
  • Space Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Outdoor Shower
  • Lot Dimensions are 50 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00034-02-00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Garage Oversized: Yes
  • ExteriorOutdoorShower: Yes
  • Garage Storage Above: Yes
  • Special Features: None

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:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Driveway, Oversized, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Other, Space Heater, See Remarks, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00034-02-00019
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4455.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2018
Sold by
Parise Kimberly N and Parise Jeffrey R
Bought by
Parise Jeffrey R and Parise Kimberly N
Current Estimated Value
$1,329,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.22%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Nov 9, 2016
Closed on
Feb 1, 2017
Sold by
Oneto Trust
Bought by
Blum Christopher and Parise Jeffrey R
Seller's Agent
Anthony Belli
Schlosser Real Estate, Inc.
Buyer's Agent
Anthony Belli
Schlosser Real Estate, Inc.
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$430,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2011
Sold by
Oneto Richard F and Oneto Linda H
Bought by
Richard & Linda H Oneto Living Trust
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
Parise Jeffrey R $90,000 Westcor Land Title
Blum Christopher $537,500 Westcor Land Title
Richard & Linda H Oneto Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parise Jeffrey R $65,000
Previous Owner Blum Christopher $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $535,000 -- $354 / 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 $5,071 $536,000 $337,500 $198,500
2024 $4,920 $536,000 $337,500 $198,500
2023 $4,577 $536,000 $337,500 $198,500
2022 $4,577 $536,000 $337,500 $198,500
2021 $4,427 $536,000 $337,500 $198,500
2020 $4,401 $536,000 $337,500 $198,500
2019 $4,695 $479,600 $337,500 $142,100
2018 $4,657 $479,600 $337,500 $142,100
2017 $4,705 $479,600 $337,500 $142,100
2016 $4,551 $479,600 $337,500 $142,100
2015 $4,455 $479,600 $337,500 $142,100
2014 $4,475 $479,600 $337,500 $142,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21642487

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00034-02-00019