NOT LISTED FOR SALE

118 E 7th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,675,078 - $2,050,000

-- Bed
4 Baths
2,064 Sq Ft
$903/Sq Ft Est. Value

About This Home

This home is located at 118 E 7th St, Ship Bottom, NJ 08008 and is currently estimated at $1,863,520, approximately $902 per square foot. 118 E 7th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Paone Thomas L
Bought by
Thomas Paone Revocable Trust and Kerri Lynn Paone Revocable Trust
Current Estimated Value
$1,863,520

Purchase Details

Closed on
Feb 5, 2018
Sold by
Paone Paul and Paone Sophia
Bought by
Paone Thomas L

Purchase Details

Closed on
Jul 7, 2011
Sold by
Milazzo John D
Bought by
Paone Thomas L and Paone Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.49%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Thomas Paone Revocable Trust -- Garfunkel Wild Pc
Paone Thomas L $300,000 None Available
Paone Thomas L $740,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paone Thomas L $540,000
Source: Public Records

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 $11,766 $976,400 $700,000 $276,400
2024 $11,219 $976,400 $700,000 $276,400
Source: Public Records

Map

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

118 E 7th St, Ship Bottom, NJ

Not Listed for Sale

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