NOT LISTED FOR SALE

116 Morey Place Ocean Township, NJ 08758

Estimated Value: $651,000 - $737,000

4 Beds
2.5 Baths
2,300 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $370,000 $161 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,453/month

197 Days on Market

Highlights

  • New Construction
  • 2.8 Acre Lot
  • Two Story Ceilings
  • View of Trees or Woods
  • Colonial Architecture
  • Wood Flooring

About This Home

As of September 2016

2.759 Acres New Construction. Country Living, but 5 minutes from Everything...Parkway, Shopping and Schools. Right down the street from Wells Mills Park. Full basement, Hardwood floors, Granite Counters and Stainless Steel appliances. Full Master Suite. 2 story foyer. Extra course in basement for finishing, gas fireplace, Large garage with lots of height in the ceiling. Attic storage - accessible off bedroom and Timberline roof. Home is up and framed. Take a look...so much more!

Last Agent to Sell the Property

Nicole Sabarese

RE/MAX at Barnegat Bay - Forked River License #8741656 Listed on: 10/22/2015

RE/MAX at Barnegat Bay - Forked River

Last Buyer's Agent

Nicole Sabarese

RE/MAX at Barnegat Bay - Forked River License #8741656 Listed on: 10/22/2015

RE/MAX at Barnegat Bay - Forked River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • New Construction

Lot Details

  • 2.8 Acre Lot
  • Level Lot
  • The property's topography is level
  • Property is zoned R2, R2

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Two Story Ceilings
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Views of Woods
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub
  • Walk-in Shower

Parking

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Waretown Subdivision

Listing and Financial Details

  • Tax Lot 05.5
  • Assessor Parcel Number 21-00056-0000-00005-05

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Federal Flood Zone: No
  • Year Built: 9999
  • Remarks Public: 2.759 Acres New Construction. Country Living, but 5 minutes from Everything...Parkway, Shopping and Schools. Right down the street from Wells Mills Park. Full basement, Hardwood floors, Granite Counters and Stainless Steel appliances. Full Master Suite. 2 story foyer. Extra course in basement for finishing, gas fireplace, Large garage with lots of height in the ceiling. Attic storage - accessible off bedroom and Timberline roof. Home is up and framed. Take a look...so much more!
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Stove
  • Flooring Type: Fully Carpeted, Wood
  • Interior Amenities: Attic, Breakfast Area, Kitchen - Island, Primary Bath(s), Soaking Tub, Stall Shower
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 2 Story Ceilings
  • Levels Count: 2
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 2300
  • Living Area Sq Ft: 2300
  • Price Per Sq Ft: 163.04
  • Above Grade Finished Sq Ft: 2300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Land Assessed Value: 121300.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Acres: 2.80
  • Lot Dimensions: X
  • Topography: Level
  • Zoning: R2
  • Zoning Description: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3050399
  • Tax Annual Amount: 2232.00
  • Assessor Parcel Number: 21-00056-0000-00005-05
  • Tax Lot: 05.5
  • Tax Year: 2014
  • Close Date: 09/02/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Sep 2, 2016
Sold by
Reilly Charles
Bought by
Smith Jessica
Seller's Agent
Nicole Sabarese
RE/MAX at Barnegat Bay - Forked River
Buyer's Agent
Nicole Sabarese
RE/MAX at Barnegat Bay - Forked River
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$688,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,634
Avg. Annual Appreciation
6.35%
Original Mortgage
$363,298
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2010
Sold by
Wagner Gregory
Bought by
Wagner Gregory and Flammia Michelle

Purchase Details

Closed on
Mar 30, 2006
Sold by
Reilly Charles
Bought by
Wagner Gregory and Reilly Charles

Purchase Details

Closed on
Mar 31, 2004
Sold by
Wagner Gregory
Bought by
Reilly Charles
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
Smith Jessica $370,000 --
Wagner Gregory -- None Available
Wagner Gregory -- None Available
Reilly Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jessica $90,000
Open Smith Jessica $373,000
Closed Smith Jessica $373,000
Closed Smith Jessica $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $370,000 -5.1% $161 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $389,900 -- $170 / 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 $8,198 $554,100 $153,800 $400,300
2023 $7,669 $352,900 $121,300 $231,600
2022 $7,669 $352,900 $121,300 $231,600
2021 $7,541 $352,900 $121,300 $231,600
2020 $7,443 $352,900 $121,300 $231,600
2019 $7,298 $352,900 $121,300 $231,600
2018 $7,164 $352,900 $121,300 $231,600
2017 $6,920 $352,900 $121,300 $231,600
2016 $2,311 $121,300 $121,300 $0
2015 $2,250 $121,300 $121,300 $0
2014 $2,232 $121,300 $121,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC191150

Bright MLS

APN: 21-00056-0000-00005-05