NOT LISTED FOR SALE

115 W Bay Way Lavallette, NJ 08735

Dover Beaches North Neighborhood

Estimated Value: $644,000 - $738,000

2 Beds
1 Bath
560 Sq Ft
$1,240/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $615,000 $1,098 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,408/month

13 Days on Market

Highlights

  • Community Beach Access
  • Bayside
  • Den
  • Parking available for a boat
  • Great Room
  • Oversized Lot

About This Home

As of July 2022

Ocean Beach Unit 1! OWNED LAND and great location. Still time to get in for this summer. 1 Block to guarded beach or bay! Kitchen is open to family room w Cathedral Ceilings great for entertaining. This double lot has a driveway that can fit at least 6 cars on a 1 way very quiet street! This amazing opportunity in the Lavallette Postal also has the ability to add another floor. Super Low Property taxes. Easy to show, owners relocating, present all offers.

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 06/16/2022

Last Buyer's Agent

Judith Gregorek

Schlosser Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,130

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x43x43x50
  • Oversized Lot
  • Irregular Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Ceramic Tile Flooring
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Oversized Parking
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting

Additional Features

  • Bayside
  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 111111111111

Community Details

Overview

  • Ocean Beach Subdivision

Recreation

  • Community Beach Access
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,130

Year Built

Built in 1948

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Bayside, Irregular Lot
  • ResoPoolFeatures: Other
  • Reso Association Amenities: Beach, Association
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Dryer, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Ocean Beach
  • Architectural Style: Ranch
  • Reso Flooring: Tile
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr
  • Year Built: 1948
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X43X43X50
  • General Property Info Farm: No
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • Lot Description Irregular Lot: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Style Ranch: Yes
  • Lot Description Oversized3: Yes
  • Parking Oversized2: Yes
  • Lot Description Bayside2: Yes
  • ExteriorOutdoorShower: Yes
  • Floors Tile: Yes
  • Living Room Floor - Ceramic2: Yes
  • Allowable Boats: Yes
  • Common Elements Beach: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 9
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Den2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Outdoor Shower, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, See Remarks, Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50X43X43X50
  • Parcel #: 111111111111
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 5, 2022
Sold by
Frusco David M and Frusco Carmelo
Bought by
Fernandez Russell and Fernandez Patricia
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Judith Gregorek
Schlosser Real Estate, Inc.
List Price
$599,900
Sold Price
$615,000
Premium/Discount to List
$15,100
2.52%
Current Estimated Value
$694,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,125
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
May 15, 2001
Sold by
Lapine Arthur
Bought by
Frusco David and Frusco Carmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.03%
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
Fernandez Russell $615,000 Peeler Mandy
Frusco David $149,000 --
Frusco David $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frusco David M $113,300
Previous Owner Frusco David $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $615,000 +2.5% $1,098 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $599,900 -- $1,071 / 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
2024 $7,002 $404,500 $310,000 $94,500
2023 $6,751 $404,500 $310,000 $94,500
2022 $6,751 $404,500 $310,000 $94,500
2021 $5,130 $204,800 $158,300 $46,500
2020 $5,108 $204,800 $158,300 $46,500
2019 $4,887 $204,800 $158,300 $46,500
2018 $4,821 $204,800 $158,300 $46,500
2017 $4,780 $204,800 $158,300 $46,500
2016 $4,655 $204,800 $158,300 $46,500
2015 $4,479 $204,800 $158,300 $46,500
2014 $4,264 $204,800 $158,300 $46,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Loundy

    Seller's Agent in 2022

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    1 in this area

    273 Total Sales

    Michael Loundy
    Section Image

  • J

    Buyer's Agent in 2022

    Judith Gregorek

    Schlosser Real Estate, Inc.

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22218574

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01101-06-00015

New Jersey Ocean County Lavallette 08735 Dover Beaches North

115 W Bay Way, Lavallette, NJ

This home is located at 115 W Bay Way, Lavallette, NJ 08735 since 16 June 2022 and is currently estimated at $694,125, approximately $1,239 per square foot. This property was built in 1948. 115 W Bay Way is a home located in Ocean County.

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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