NOT LISTED FOR SALE

118 New York Ave Lavallette, NJ 08735

Estimated Value: $997,000 - $1,074,105

2 Beds
1.5 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold November 03, 2016

Last sale price $500,000

Est. 107% increase in value since last sale

Current estimated payment $5,786/month

10 Days on Market

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 2016

WOW! 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 Agent to Sell the Property

Barbara Brown

Diane Turton, Realtors-Lavallette License #0337364 Listed on: 09/19/2016

Co-Listed By

Laurie Enoch

Diane Turton, Realtors-Lavallette

Last Buyer's Agent

Roxanne Formisano

Keller Williams Towne Square License #8738139

Keller Williams Towne Square

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,538

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,538

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1268
  • Co List Office Phone: 732-793-2600
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Grill
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Dirt Floor
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Basement:Dirt Floor: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal items and furniture
  • Construction Type: Aluminum Siding
  • Exterior Features: Outdoor Shower, Patio, Porch - Enclosed, Storm Door(s)
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00045-02-00025
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3538.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

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
Current Estimated Value
$1,035,553

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
8.51%
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
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
Formisano Thomas -- None Listed On Document
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 Thomas $400,000
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

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 $3,548 $953,100 $375,000 $578,100
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

    60 Total Sales

    Roxanne Formisano
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21636619

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00045-02-00025

New Jersey Ocean County Lavallette 08735

118 New York Ave, Lavallette, NJ

This home is located at 118 New York Ave, Lavallette, NJ 08735 since 19 September 2016 and is currently estimated at $1,035,553. 118 New York Ave is a home located in Ocean County with nearby schools including Lavallette Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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