NOT LISTED FOR SALE

1180 Lake Point Cove Elmer, NJ 08318

Estimated Value: $501,000 - $673,000

3 Beds
2.5 Baths
2,720 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $450,000 $165 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,142/month

5 Days on Market

Highlights

  • Private Beach
  • Cape Cod Architecture
  • 2 Car Direct Access Garage
  • Curved or Spiral Staircase
  • 2 Fireplaces
  • Walk-In Closet

About This Home

As of May 2023

A dream come true. Lakefront property at Palatine Lake in desirable Pittsgrove Twp. A huge home sitting on almost an 1/2 acre of ground. A clean & well kept house which has been updated over the years. Highlights include a 2 car garage, high ceilings, master suite with 2 walk-in closets, dual gas fireplaces, newer Trex composite deck plus awning. A large shed backs to the most beautiful scenery you've seen in years. You have access to Palatine Lake which allows swimming, fishing & boating only for residents of the HOA. Or how about your membership to the community pool?! Showings begin Saturday April 22nd at the start of the 1st open house. A 2nd open house takes place Sunday 12-3pm. Line up! This one will surely have a lot of attention....

Last Agent to Sell the Property

Mark Hebert

(609) 221-1891 mark@poconostoshore.com RE/MAX Preferred - Sewell License #NJ-0234790 Listed on: 04/22/2023

RE/MAX Preferred - Sewell

Last Buyer's Agent

Carmela Cetkowski

(609) 247-5248 gardenstatehomefinder@gmail.com EXP Realty, LLC License #1754982

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,895

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Private Beach
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • Property has 1.5 Levels
  • Curved or Spiral Staircase
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Crawl Space

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Schools

  • Olivet Elementary School
  • Pittsgrove Twp. Middle School
  • Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • Palatine Lake Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 11-01512-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,895

Year Built

Built in 1994

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-22
  • Federal Flood Zone: No
  • Year Built: 1994
  • Building Winterized: No
  • Remarks Public: A dream come true. Lakefront property at Palatine Lake in desirable Pittsgrove Twp. A huge home sitting on almost an 1/2 acre of ground. A clean & well kept house which has been updated over the years. Highlights include a 2 car garage, high ceilings, master suite with 2 walk-in closets, dual gas fireplaces, newer Trex composite deck plus awning. A large shed backs to the most beautiful scenery you've seen in years. You have access to Palatine Lake which allows swimming, fishing & boating only for residents of the HOA. Or how about your membership to the community pool?! Showings begin Saturday April 22nd at the start of the 1st open house. A 2nd open house takes place Sunday 12-3pm. Line up! This one will surely have a lot of attention....
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet, Laminated
  • Interior Amenities: Ceiling Fan(s), Primary Bath(s), Sprinkler System, Spiral Staircase, Tub Shower, Walk-In Closet(s), Window Treatments
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 1.5
  • Room Count: 7
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2720
  • Living Area Sq Ft: 2720
  • Price Per Sq Ft: 165.07
  • Above Grade Finished Sq Ft: 2720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1180

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Combination
  • Exterior Features: Awning(s), Exterior Lighting, Gutter System, Lawn Sprinkler, Outbuilding(s), Private Beach
  • Roof: Shingle, Pitched
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone
  • Garage Features: Garage - Rear Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 690.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: OLIVET E.S.
  • Middle School: PITTSGROVE TWP. M.S.
  • High School: SCHALICK
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396396
  • School District Source: Listing Agent
  • Elementary School: OLIVET E.S.
  • High School: SCHALICK
  • Middle Or Junior School: PITTSGROVE TWP. M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 236500.00
  • Land Assessed Value: 84700.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RES

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2211685
  • Tax Annual Amount: 12895.00
  • Assessor Parcel Number: 11-01512-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
May 17, 2023
Sold by
William R Foltz Revocable Trust
Bought by
Sepers Matthew and Sepers Christina
Seller's Agent
Mark Hebert
RE/MAX Preferred - Sewell
Buyer's Agent
Carmela Cetkowski
EXP Realty, LLC
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
69
Current Estimated Value
$554,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,472
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Apr 15, 2015
Sold by
Foltz William R
Bought by
Foltz William R and Foltz Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2015
Sold by
Foltz William R and Rodriguez Cris
Bought by
Foltz William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2012
Sold by
Harmon Harold D and Harmon Janet M
Bought by
The Foltz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2002
Sold by
Magliocco Louis and Magliocco Nancy
Bought by
Harmon Harold D and Harmon Janet M
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
Sepers Matthew $450,000 None Listed On Document
Sepers Matthew $450,000 None Listed On Document
Foltz William R -- Surety Title Company Llc
Foltz William R -- None Available
The Foltz Trust $370,000 --
Harmon Harold D $311,000 Landis Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foltz William R $278,000
Previous Owner The Foltz Trust $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $450,000 +0.2% $165 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $449,000 -- $165 / 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
2025 $13,725 $321,200 $84,700 $236,500
2024 $13,725 $321,200 $84,700 $236,500
2023 $13,066 $321,200 $84,700 $236,500
2022 $12,896 $321,200 $84,700 $236,500
2021 $12,540 $321,200 $84,700 $236,500
2020 $12,193 $321,200 $84,700 $236,500
2019 $11,987 $321,200 $84,700 $236,500
2018 $11,721 $321,200 $84,700 $236,500
2017 $11,271 $321,200 $84,700 $236,500
2016 $10,709 $321,200 $84,700 $236,500
2015 $10,205 $321,200 $84,700 $236,500
2014 $9,781 $319,300 $84,700 $234,600
Source: Public Records

Agents Affiliated with this Home

  • Mark Hebert

    Seller's Agent in 2023

    Mark Hebert

    RE/MAX

    (609) 221-1891

    2 in this area

    148 Total Sales

    Mark Hebert
    Section Image
  • Carmela Cetkowski

    Buyer's Agent in 2023

    Carmela Cetkowski

    EXP Realty, LLC

    (609) 247-5248

    7 in this area

    205 Total Sales

    Carmela Cetkowski
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2007258

Bright MLS

APN: 11-01512-0000-00005

New Jersey Salem County Elmer 08318

1180 Lake Point Cove, Elmer, NJ

This home is located at 1180 Lake Point Cove, Elmer, NJ 08318 since 22 April 2023 and is currently estimated at $554,472, approximately $203 per square foot. This property was built in 1994. 1180 Lake Point Cove is a home located in Salem County with nearby schools including Elmer Elementary School, Pittsgrove Township Middle School, and Arthur P. Schalick High School.

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