118 New York Ave Lavallette, NJ 08735
Estimated Value: $951,000 - $1,023,317
2
Beds
1.5
Baths
--
Sq Ft
5,009
Sq Ft Lot
Highlights
- Bay View
- No HOA
- Enclosed patio or porch
- Wood Flooring
- 2 Car Detached Garage
- 4-minute walk to Boro Ball Field
About This Home
As of November 2016WOW! NEAT, CLEAN AND MOVE-IN READY home in Lavallette--so aggressively priced! Lots in the area have sold for $400K--this is a VERY LIVABLE HOME priced at just about land value! Large kitchen has been newly remodeled with granite counters. Newer hardwood floors. Generous room sizes with plenty of natural light. Lovely front porch. Newer (3 yrs) HVAC--central air & gas FHA. 50x100 lot on wide street. Outdoor shower. Detached garage. Plenty of parking in driveway. Current flood ins. premium $764/yr. LOW Lava taxes! HURRY--OPPORTUNITY IS KNOCKING AND THIS IS A BEST BUY!
Last Listed By
Barbara Brown
Diane Turton, Realtors-Lavallette License #0337364 Listed on: 09/19/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,538
Year Built
- 1965
Lot Details
- Lot Dimensions are 50 x 100
Parking
- 2 Car Detached Garage
- Gravel Driveway
Home Design
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Light Fixtures
- Blinds
- Bay Window
- Window Screens
- Bay Views
- Pull Down Stairs to Attic
- Storm Doors
- Washer
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Basement
- Dirt Floor
- Crawl Space
Outdoor Features
- Outdoor Shower
- Enclosed patio or porch
- Outdoor Gas Grill
Schools
- Lavallette Elementary School
- Point Pleasant Beach High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Exclusions: Personal items and furniture
- Assessor Parcel Number 16-00045-02-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2024
Sold by
Formisano Thomas and Formisano Roxanne
Bought by
Formisano Thomas and Formisano Roxanne
Total Days on Market
10
Current Estimated Value
Purchase Details
Listed on
Sep 19, 2016
Closed on
Oct 21, 2016
Sold by
Rehm Robert F
Bought by
Formisano Thomas and Formisano Roxanne
Seller's Agent
Barbara Brown
Diane Turton, Realtors-Lavallette
Buyer's Agent
Roxanne Formisano
Keller Williams Towne Square
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$400,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 1991
Bought by
Rehm Robert and Rehm Margaret
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Similar Homes in Lavallette, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Formisano Thomas | -- | None Listed On Document | |
| Formisano Thomas | $500,000 | Chicago Title | |
| Rehm Robert | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Formisano Roxanne | $548,250 | |
| Previous Owner | Formisano Thomas | $400,000 | |
| Previous Owner | Rehm Robert | $720,000 | |
| Previous Owner | Rehm Robert | $145,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2016 11/03/16 | Sold | $500,000 | -- | -- |
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 | $4,550 | $375,000 | $375,000 | $0 |
| 2023 | $4,232 | $495,600 | $375,000 | $120,600 |
| 2022 | $4,232 | $495,600 | $375,000 | $120,600 |
| 2021 | $4,094 | $495,600 | $375,000 | $120,600 |
| 2020 | $4,069 | $495,600 | $375,000 | $120,600 |
| 2019 | $4,260 | $435,100 | $350,000 | $85,100 |
| 2018 | $4,225 | $435,100 | $350,000 | $85,100 |
| 2017 | $4,000 | $407,700 | $350,000 | $57,700 |
| 2016 | $3,869 | $407,700 | $350,000 | $57,700 |
| 2015 | $3,538 | $407,700 | $350,000 | $57,700 |
| 2014 | $3,554 | $407,700 | $350,000 | $57,700 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2016
Barbara Brown
Diane Turton, Realtors-Lavallette
-
L
Seller Co-Listing Agent in 2016
Laurie Enoch
Diane Turton, Realtors-Lavallette
-
Roxanne Formisano
Buyer's Agent in 2016
Roxanne Formisano
Keller Williams Towne Square
(908) 507-0037
64 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21636619
APN: 16-00045-02-00025
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