NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,220,000

2 Beds
1 Bath
1,110 Sq Ft
$966/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $165,000 $149 Per Sq Ft

Est. 550% increase in value since last sale

Current estimated payment $7,016/month

566 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Bungalow
  • No HOA
  • Enclosed Patio or Porch
  • Partially Fenced Property

About This Home

As of May 2015

A piece of the shore ready to restore. Two bedroom cottage in the heart of historic Ortley Beach, just steps from Route 35, two blocks to the ocean. Just minutes from Seaside Heights with off street parking and garage space. Interior of the home is completely cleaned to the studs and ready to start your restoration or clear the space and build your dream shore or retirement home. All utilities have been cut at this property and it is ready for demolition/rebuilding.Property had significant damage from Sandy and is being sold "as is."

Last Agent to Sell the Property

Sean Asay

Coldwell Banker Riviera Realty, Inc. Listed on: 08/21/2013

Last Buyer's Agent

Sean Asay

Coldwell Banker Riviera Realty, Inc. Listed on: 08/21/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,962

Year Built

  • Built in 1950

Lot Details

  • 3,485 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level
  • Property is zoned RES., res.

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,110 Sq Ft Home
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • East Dover Elementary School
  • TOMS River East Middle School
  • TOMS River High - East High School

Additional Features

  • Enclosed Patio or Porch
  • Flood Risk
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 08-01025-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,962

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Room Count: 5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 157.57
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: TOMS RIVER REGIONAL
  • Elementary School: EAST DOVER
  • Middle School: TOMS RIVER EAST
  • High School: TOMS RIVER HIGH - EAST H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396378
  • School District Source: Listing Agent
  • Elementary School: EAST DOVER
  • High School: TOMS RIVER HIGH - EAST H.S.
  • Middle Or Junior School: TOMS RIVER EAST

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 50692.00
  • Land Assessed Value: 263794.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Dimensions: 30 X 100"
  • Outdoor Living Structures: Enclosed
  • Topography: Level
  • Zoning: RES.
  • Zoning Description: res.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2929826
  • Tax Annual Amount: 4962.00
  • Assessor Parcel Number: 08-01025-0000-00002
  • Tax Lot: 2
  • Tax Year: 2012
  • Close Date: 05/06/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2013
Closed on
Apr 30, 2015
Sold by
Testa John
Bought by
Pereira Adelino
Seller's Agent
Sean Asay
Coldwell Banker Riviera Realty, Inc.
Buyer's Agent
Sean Asay
Coldwell Banker Riviera Realty, Inc.
List Price
$299,000
Sold Price
$165,000
Premium/Discount to List
-$134,000
-44.82%
Current Estimated Value
$1,071,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$906,775
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Feb 16, 2005
Sold by
Testa Josephine Ann
Bought by
Testa John
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
Pereira Adelino $165,000 Chicago Title Insurance Co
Testa John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Testa John $101,000
Previous Owner Dillon Sandra L $32,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2015 05/06/15 Sold $165,000 -44.8% $149 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
08/21/2013 08/21/13 For Sale $299,000 -- $269 / 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
2024 $14,108 $815,000 $265,000 $550,000
2023 $13,148 $815,000 $265,000 $550,000
2022 $13,148 $787,800 $265,000 $522,800
2021 $10,914 $435,700 $158,000 $277,700
2020 $10,866 $435,700 $158,000 $277,700
2019 $10,396 $435,700 $158,000 $277,700
2018 $10,256 $435,700 $158,000 $277,700
2017 $10,169 $435,700 $158,000 $277,700
2016 $3,591 $158,000 $158,000 $0
2015 $3,374 $165,700 $158,000 $7,700
2014 $3,200 $165,700 $158,000 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC238088

Bright MLS

APN: 08-01025-0000-00002