118 New Brunswick Ave Lavallette, NJ 08735
6
Beds
3
Baths
2,348
Sq Ft
4,792
Sq Ft Lot
Highlights
- In Ground Pool
- Deck
- Patio
- Bay View
- Air Conditioning
- Recessed Lighting
About This Home
As of September 2024This beautifully updated two-family home offers the perfect blend of comfort, convenience, and coastal living. With 2,348 square feet of living space divided into two separate units, each with its own utilities, this home is ideal for extended families, a second home, or as an investment property. The first-floor unit features three bright bedrooms, a full bathroom, a modern kitchen with stone countertops, crown molding, and plenty of natural light, along with engineered hardwood and ceramic tile flooring. The upper-level unit boasts a raised deck, recently updated eat-in kitchen with quartz countertops, a full appliance package, stylish backsplash, a breakfast bar, and a coffee/tea station. It also has a sunroom/family room with abundant natural light, a master bedroom with a full ensuite bath and walk-in closet, and a mix of carpeting, laminate, and tile flooring throughout! Outside, enjoy a stunning in-ground saltwater pool installed in 2021, durable vinyl fencing, Trex decking, a covered patio with ceiling fans, and an outdoor shower. The property also features an attached storage/utility/laundry room, ample parking for 5-6 cars in the driveway, as well as additional on-street parking. Clad in low-maintenance vinyl siding, this home is situated just 1.5 blocks from the bay and 2.5 blocks from the ocean giving you breathtaking sunsets and bayviews, along with easy access to the beach, the Seaside Heights boardwalk, Toms River, and endless options for Jersey Shore recreational activities. Don't miss this opportunity to own a piece of coastal paradise where you can enjoy the best of beachside living in Lavallette, NJ!
Last Agent to Sell the Property
RE/MAX of Long Beach Island License #1645480 Listed on: 08/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,406
Year Built
- Built in 1973
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
- Fenced
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,348 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Bay Views
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- Common or Shared Parking
- On-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
- Fence Around Pool
Outdoor Features
- Deck
- Patio
- Exterior Lighting
Schools
- Lavallette Elementary School
- Point Pleasant Beach High School
Utilities
- Air Conditioning
- Multiple cooling system units
- Furnace
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: ice machine, upstairs furniture and items negotiable
- Tenant pays for hot water
- Assessor Parcel Number 16-00042-02-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Sep 26, 2024
Sold by
Novak John J and Novak Michelle
Bought by
Ray Anthony J and Ray Nanci L
Seller's Agent
Ashley Veith
RE/MAX of Long Beach Island
Buyer's Agent
Karin Farley
Keller Williams Shore Properties
List Price
$1,699,000
Sold Price
$1,699,000
Total Days on Market
1
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,894
Avg. Annual Appreciation
2.74%
Purchase Details
Closed on
Sep 23, 2005
Sold by
Smith William C and Smith Gail A
Bought by
Novak John J and Novak Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 29, 2003
Sold by
Smith William C
Bought by
203 Grand Central Avneue Llc
Similar Homes in Lavallette, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $1,699,000 | Coastline Title | |
| Bargain Sale Deed | $865,000 | -- | |
| Deed | $505,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $466,000 | New Conventional | |
| Previous Owner | $500,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $550,000 | Credit Line Revolving | |
| Previous Owner | $152,030 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $1,699,000 | 0.0% | $724 / Sq Ft |
| 09/01/2024 09/01/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | For Sale | $1,699,000 | -- | $724 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $6,406 | $697,800 | $375,000 | $322,800 |
| 2023 | $5,959 | $697,800 | $375,000 | $322,800 |
| 2022 | $5,959 | $697,800 | $375,000 | $322,800 |
| 2021 | $5,676 | $681,900 | $375,000 | $306,900 |
| 2020 | $5,598 | $681,900 | $375,000 | $306,900 |
| 2019 | $5,615 | $573,500 | $350,000 | $223,500 |
| 2018 | $5,569 | $573,500 | $350,000 | $223,500 |
| 2017 | $5,626 | $573,500 | $350,000 | $223,500 |
| 2016 | $5,443 | $573,500 | $350,000 | $223,500 |
| 2015 | $5,328 | $566,700 | $350,000 | $216,700 |
| 2014 | $5,287 | $566,700 | $350,000 | $216,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Veith
A
Seller's Agent in 2024
Ashley Veith
RE/MAX
(609) 312-6882
1 in this area
20 Total Sales
-
Karin Farley
Buyer's Agent in 2024
Karin Farley
Keller Williams Shore Properties
(732) 232-2232
4 in this area
48 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22424979
APN: 16-00042-02-00025
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