NOT LISTED FOR SALE

Estimated Value: $2,172,000 - $3,649,847

5 Beds
8 Baths
4,000 Sq Ft
$650/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $3,300,000 $825 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $15,389/month

143 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Water Oriented
  • Beach Haven School Rated A-
  • Private Pool
  • Gourmet Kitchen

About This Home

As of January 2021

Featured in 2016 issue of Bay Magazine; Casual beach elegance best describes this stunning 4,000 sq ft oceanfront estate w/ decks galore. Designed by Ziman Development, this magnificent 5 bedroom (all en-suite) 5 full and 3 1/2 baths oceanfront home has all the upgrades you could dream of including: in-deck salt water pool w/ ocean views, high end Subzero/Wolf appliances, coffered ceilings, zero maintenance Nu-cedar siding, built-in outdoor kitchen, beautiful hardwood floors throughout, solid wood wainscoting, 3 stop elevator, 2 outdoor showers, and large rooftop deck w/ panoramic bay and ocean views. This home is ideal for large families and entertaining as the finished lower level is like a stunning private apartment that can sleep 8. It also features 2 driveways providing plenty of parking for all guests. This property further sets itself apart from the competition w/ a unique large private beach area (between house and beach) that is fantastic for volleyball, beach games, and private parties. Conveniently located for quick access on and off the island, this home is also within walking distance to great restaurants and shops. Schedule a private showing today!

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 06/26/2020

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 06/26/2020

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,617

Year Built

  • Built in 2015

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50.00 x 238.00
  • Ocean Front
  • Sandy Beach
  • Landscaped
  • Extensive Hardscape
  • Sprinkler System
  • Additional Land
  • Property is in excellent condition
  • Property is zoned R3

Parking

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

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00004 01
  • Assessor Parcel Number 29-00087-00004 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,617

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Coastal, Reverse
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Featured in 2016 issue of Bay Magazine; Casual beach elegance best describes this stunning 4,000 sq ft oceanfront estate w/ decks galore. Designed by Ziman Development, this magnificent 5 bedroom (all en-suite) 5 full and 3 1/2 baths oceanfront home has all the upgrades you could dream of including: in-deck salt water pool w/ ocean views, high end Subzero/Wolf appliances, coffered ceilings, zero maintenance Nu-cedar siding, built-in outdoor kitchen, beautiful hardwood floors throughout, solid wood wainscoting, 3 stop elevator, 2 outdoor showers, and large rooftop deck w/ panoramic bay and ocean views. This home is ideal for large families and entertaining as the finished lower level is like a stunning private apartment that can sleep 8. It also features 2 driveways providing plenty of parking for all guests. This property further sets itself apart from the competition w/ a unique large private beach area (between house and beach) that is fantastic for volleyball, beach games, and private parties. Conveniently located for quick access on and off the island, this home is also within walking distance to great restaurants and shops. Schedule a private showing today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Dryer, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Built-Ins, Ceiling Fan(s), Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Kitchen - Island, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wainscotting, Wet/Dry Bar, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: High, Vaulted Ceilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 862.25
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 118

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 5.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 4
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Outside Shower
  • View: Bay, Ocean
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Water View: Yes

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
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1005600.00
  • Land Assessed Value: 1134100.00
  • Lot Features: Landscaping, Additional Lot(s)
  • Lot Size Acres: 0.27
  • Lot Dimensions: 50.00 x 238.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11900.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R3

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3076734
  • Tax Annual Amount: 22617.00
  • Assessor Parcel Number: 29-00087-00004 01
  • Tax Lot: 00004 01
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/04/2021

Multi Family

  • Waterfront Features: Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Dec 28, 2020
Sold by
Ritzel Joseph W
Bought by
Robertson Anne
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
$3,595,000
Sold Price
$3,300,000
Premium/Discount to List
-$295,000
-8.21%
Current Estimated Value
$2,598,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$701,788
Avg. Annual Appreciation
-5.03%
Original Mortgage
$1,250,000
Outstanding Balance
$1,118,181
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,480,031

Purchase Details

Listed on
Jun 26, 2020
Closed on
Dec 9, 2020
Sold by
Poco South Realty Llc
Bought by
Ritzel Joseph W
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
$3,595,000
Sold Price
$3,300,000
Premium/Discount to List
-$295,000
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,118,181
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,480,031

Purchase Details

Closed on
Sep 26, 2005
Sold by
Casorio Joseph and Casorio Debra
Bought by
Casorio Debra

Purchase Details

Closed on
May 16, 2002
Sold by
Grabowski Mary
Bought by
Casorio Joseph and Casorio Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Robertson Anne $3,250,000 Stewart Title
Ritzel Joseph W -- None Listed On Document
Casorio Debra -- --
Casorio Joseph $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Anne $1,250,000
Previous Owner Casorio Joseph $250,000
Previous Owner Casorio Joseph $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $3,300,000 -4.3% $825 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/30/2020 10/30/20 Price Changed $3,449,000 -4.1% $862 / Sq Ft
06/26/2020 06/26/20 For Sale $3,595,000 -- $899 / 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 $14,786 $1,221,000 $723,800 $497,200
2023 $13,736 $1,221,000 $723,800 $497,200
2022 $13,736 $1,221,000 $723,800 $497,200
2021 $13,394 $1,221,000 $723,800 $497,200
2020 $13,687 $1,221,000 $723,800 $497,200
2019 $13,297 $1,221,000 $723,800 $497,200
2018 $8,157 $723,800 $723,800 $0
2017 $8,708 $809,300 $723,800 $85,500
2016 $8,823 $665,400 $578,500 $86,900
2015 $8,444 $665,400 $578,500 $86,900
2014 $7,985 $665,400 $578,500 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC399478

Bright MLS

APN: 04-00211-0000-00004