NOT LISTED FOR SALE

115 E Jerome Ave Beach Haven, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $5,984,000 - $9,261,000

7 Beds
7.5 Baths
5,700 Sq Ft
$1,286/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $5,300,000 $930 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $42,298/month

Highlights

  • 60 Feet of Waterfront
  • New Construction
  • Open Floorplan
  • Ocean View
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of November 2020

Beautifully designed and impeccably built custom new construction 5,700 Sq Ft square foot Ocean front gem. With 7 bedrooms and 7.5 baths you have plenty of room for the whole family and then some. All well-appointed with wide-plank engineered hardwood flooring, beautiful cabinetry, high-end Sub-Zero and Wolf appliances, soaring volume ceilings and wide open ocean views North, South, and East. This home will offer 3 separate family gathering spaces, generous shaded and sun-filled decking, and walls of windows to splash natural light throughout and provide dramatic ocean views... or relax on your pool deck or from any one of your shaded or sun decks all overlooking the Atlantic Ocean and the white sand beaches of Long Beach Island.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 04/11/2019

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Bianca Migliacci

(609) 290-7894 bianca@coastalliving.pro Coastal Living Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,466

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,620 Sq Ft Lot
  • Lot Dimensions are 60x127
  • 60 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Shingle Roof
  • Fiberglass Roof
  • Piling Construction

Interior Spaces

  • 5,700 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access
  • Property is near an ocean

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Beach Haven Park Subdivision

Listing and Financial Details

  • Tax Lot 8.01
  • Assessor Parcel Number 18-00011-32-00008-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,466

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Stove, Oven - Wall, Washer, Water Heater - Tankless
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Ceiling Fan(s), Elevator, Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting, Wet/Dry Bar, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Flood Vent, Pilings
  • Levels Count: 3
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5700
  • Living Area Sq Ft: 5700
  • Price Per Sq Ft: 964.04
  • Above Grade Finished Sq Ft: 5700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Pool Features: In Ground
  • Roof: Fiberglass, Shingle
  • View: Water, Bay, Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 421800.00
  • Land Assessed Value: 1270500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60x127
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7620.00
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3023483
  • Tax Annual Amount: 16466.00
  • Assessor Parcel Number: 18-00011-32-00008-01
  • Tax Lot: 8.01
  • Tax Year: 2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2020
Sold by
Ajd Llc
Bought by
Ruark Robert G and Ruark Helen M
Current Estimated Value
$7,331,556

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 14, 2018
Sold by
Wichelhaus Eric and Wichelhaus Elizabeth J
Bought by
Ajd Llc
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$2,280,000
Sold Price
$2,280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.30%
Original Mortgage
$1,350,475
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2007
Sold by
Schulze Isabella S
Bought by
Schulze Eugene F and Schulze Isabella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Ruark Robert G $5,300,000 City Abstract
Ruark Robert G $5,300,000 Land Title
Ajd Llc -- University Title Ins Agcy
Ajd Llc -- University Title
Ajd Llc $2,280,000 University Title Ins Agency
Schulze Eugene F -- University Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ajd Llc $1,350,475
Previous Owner Schulze Eugene F $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $5,300,000 -3.5% $930 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
04/11/2019 04/11/19 For Sale $5,495,000 +141.0% $964 / Sq Ft
11/16/2018 11/16/18 Sold $2,280,000 0.0% -- View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $2,280,000 -- --
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 $46,166 $5,169,800 $1,938,000 $3,231,800
2024 $45,856 $5,169,800 $1,938,000 $3,231,800
2023 $43,013 $5,169,800 $1,938,000 $3,231,800
2022 $43,013 $5,169,800 $1,938,000 $3,231,800
2021 $41,669 $5,169,800 $1,938,000 $3,231,800
2020 $12,629 $1,270,500 $1,270,500 $0
2019 $16,974 $1,692,300 $1,270,500 $421,800
2018 $16,466 $1,692,300 $1,270,500 $421,800
2017 $16,551 $1,692,300 $1,270,500 $421,800
2016 $16,686 $1,692,300 $1,270,500 $421,800
2015 $16,669 $1,692,300 $1,270,500 $421,800
2014 $16,263 $1,692,300 $1,270,500 $421,800
Source: Public Records

Agents Affiliated with this Home

  • Edward Freeman Sr

    Seller's Agent in 2020

    Edward Freeman Sr

    RE/MAX

    (609) 661-5002

    338 in this area

    406 Total Sales

    Edward Freeman Sr
    Section Image
  • Bianca Migliacci

    Buyer's Agent in 2020

    Bianca Migliacci

    Coastal Living Real Estate Group

    (609) 290-7894

    8 in this area

    9 Total Sales

    Bianca Migliacci
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC138944

Bright MLS

APN: 18-00011-32-00008-01

New Jersey Ocean County Beach Haven 08008 Long Beach Island

115 E Jerome Ave, Beach Haven, NJ

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