NOT LISTED FOR SALE

113 New Jersey Ave Unit A Lavallette, NJ 08735

Estimated Value: $831,000 - $1,124,854

4 Beds
2 Baths
1,651 Sq Ft
$588/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $999,000 $605 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,623/month

150 Days on Market

Highlights

  • Ocean View
  • New Kitchen
  • Wood Flooring
  • New Construction
  • Cape Cod Architecture
  • 4-minute walk to Boro Ball Field

About This Home

As of February 2023

FULLY Renovated home in the center of town located 2 blocks from West Point Island and Bay and 2 Blocks to beach. Home lifted to accommodate flood elevation. Driveway able to fit 2-3 cars. Front door leads to 3 season covered front porch. Open concept living room flowing into New Kitchen with white cabinets, quartz counter tops and stainless appliance package. Two bedrooms on first floor with new full bath. Second floor with two large bedrooms and door leading onto second floor sunbathing balcony with views of the ocean. New second floor bath. Patio leading out to backyard. Home features. NEW...Roof, Siding, Windows, HVAC, Plumbing, Electrical, Kitchen, Baths, and Flooring.

Last Agent to Sell the Property

Michael Gruosso

Keller Williams Realty East Monmouth License #0566857 Listed on: 09/04/2022

Keller Williams Realty East Monmouth

Last Buyer's Agent

Thomas Taylor

RE/MAX at Barnegat Bay License #1971695

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,648

Lot Details

  • Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • New Construction
  • Cape Cod Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,651 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Ocean Views
  • Crawl Space
  • Attic

Kitchen

  • New Kitchen
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

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

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16-00045-02-00020-0000-C0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,648

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Association
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic, Dec Molding, Recessed Lighting
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Floor - Wood4: Yes
  • Floors Tile: Yes
  • Special Features: 4098

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exterior Features: Balcony, Fence, Patio, Sprinkler Under, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 16-00045-02-00020-0000-C0001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3648.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Cibischino Rolando and Cibischino Maureen
Bought by
Cibischino Rolando and Cibischino Maureen
Current Estimated Value
$970,714

Purchase Details

Listed on
Sep 4, 2022
Closed on
Feb 25, 2023
Sold by
113 Lava Ventures Llc
Bought by
Magnarelli Piero and Kraemer Susan
Seller's Agent
Michael Gruosso
Keller Williams Realty East Monmouth
Buyer's Agent
Thomas Taylor
RE/MAX at Barnegat Bay
List Price
$1,199,000
Sold Price
$999,000
Premium/Discount to List
-$200,000
-16.68%
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.10%
Original Mortgage
$499,500
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2021
Sold by
Smith George R and Smith Linda S
Bought by
113 Lava Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,995
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 11, 2021
Sold by
Smith George R and Smith Linda S
Bought by
113 Lava Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,995
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 2005
Sold by
Smith George R and Smith Linda S
Bought by
Josephs James T and Josephs Judith Leblein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
5.67%
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
Cibischino Rolando -- None Listed On Document
Cibischino Rolando -- None Listed On Document
Magnarelli Piero $999,000 First American Title
Magnarelli Piero $999,000 First American Title
113 Lava Ventures Llc $520,000 All Ahead Title Agency
113 Lava Ventures Llc $520,000 Old Republic Title
Josephs James T $371,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnarelli Piero $499,500
Previous Owner 113 Lava Ventures Llc $749,995
Previous Owner 113 Lava Ventures Llc $749,955
Previous Owner Josephs James T $296,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $999,000 0.0% $605 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
11/14/2022 11/14/22 Price Changed $999,000 -9.1% $605 / Sq Ft
10/25/2022 10/25/22 Price Changed $1,099,000 -6.4% $666 / Sq Ft
09/28/2022 09/28/22 Price Changed $1,174,000 -2.1% $711 / Sq Ft
09/03/2022 09/03/22 For Sale $1,199,000 -- $726 / 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 $5,708 $603,400 $281,300 $322,100
2024 $5,539 $603,400 $281,300 $322,100
2023 $3,772 $441,700 $281,300 $160,400
2022 $3,772 $441,700 $281,300 $160,400
2021 $3,648 $441,700 $281,300 $160,400
2020 $3,626 $441,700 $281,300 $160,400
2019 $1,118 $395,500 $281,300 $114,200
2018 $3,840 $395,500 $281,300 $114,200
2017 $1,120 $395,500 $281,300 $114,200
2016 $0 $395,500 $281,300 $114,200
2015 -- $395,500 $281,300 $114,200
2014 -- $395,500 $281,300 $114,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Gruosso

    Seller's Agent in 2023

    Michael Gruosso

    Keller Williams Realty East Monmouth

    (908) 489-4107

    2 in this area

    164 Total Sales

    Michael Gruosso
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Taylor

    RE/MAX

    (908) 330-0801

    1 in this area

    4 Total Sales

    Thomas Taylor
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228030

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00045-02-00020-0000-C01

New Jersey Ocean County Lavallette 08735

113 New Jersey Ave Unit A, Lavallette, NJ

This home is located at 113 New Jersey Ave Unit A, Lavallette, NJ 08735 since 04 September 2022 and is currently estimated at $970,714, approximately $587 per square foot. 113 New Jersey Ave Unit A is a home located in Ocean County with nearby schools including Lavallette Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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