NOT LISTED FOR SALE

Estimated Value: $4,002,000 - $7,205,000

4 Beds
3.5 Baths
3,512 Sq Ft
$1,542/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $2,010,000 $572 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $32,712/month

117 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Ocean View
  • Deck
  • Wood Flooring

About This Home

As of February 2016

OCEANFRONT VILLA! With 100 feet of waterfrontage and over 3512 living square footage, investors, builders & end users alike can restore this home or build new in an approximate 2832 footprint! A design for today, tomorrow & beyond, this captivating contemporary offers panoramic oceanfront views from multi-level decks, along with arresting geometric curved walls designed for generous space and flexibility for your furnishings. With soaring open spaces, the contemporary flair is enhanced with spacious kitchen & dining area opening to multi-decking, sunken living area w/access to decking, open family rm expanding to decking, 4 brms, 3.5 baths, including master w/ensuite bath & decking. Located in a neighborhood of contemporaries, this 100x74 lot is perfect for building your dream home w/views from all angles while offering over 4,928 living square footage including decking! This demand location makes fast action a must! PRIME LOCATION: REALISTIC PRICE! ADJACENT 62X100 LOT FOR SALE ALSO!,Please note that the Master deck had a leak causing damage to master brm flooring, ceiling below and 2 bedrooms, and those rooms were gutted and sprayed. Also note that in 2014 new cedar shake siding around round dining area was completed, along with new duct work throughout home and new fiberglass decking off family room. Also note that this home is being sold in AS IS condition with buyer obtaining title transfer for CO. PLEASE SEE FEATURES LIST ATTACHED TO "SUPPLEMENTS" ICON UNDER PICTURE ABOVE. PLEASE SEE MLS#4008562 - ADJACENT LOT FOR SALE!

Last Agent to Sell the Property

Mary Ann O'Shea

(609) 492-1145 shipbottom@rbbre.com RE/MAX at Barnegat Bay - Ship Bottom Listed on: 09/12/2015

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Lori Anderson

(609) 492-1277 landerson@ganderson.com G. Anderson Agency License #0451732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,776

Lot Details

  • Lot Dimensions are 100x74
  • 100 Feet of Waterfront
  • Ocean Front
  • Property is zoned R50, r50

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Fiberglass Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,512 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Sliding Doors
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 9.02
  • Assessor Parcel Number 18-00011-32-00009-02

Community Details

Overview

  • No Home Owners Association
  • Peahala Park Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,776

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 9999
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Wall
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Breakfast Area, Ceiling Fan(s), Floor Plan - Open, Pantry, Recessed Lighting, Primary Bath(s), Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung, Screens, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3512
  • Living Area Sq Ft: 3512
  • Price Per Sq Ft: 681.95
  • Above Grade Finished Sq Ft: 3512
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower
  • Roof: Fiberglass, Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 533500.00
  • Land Assessed Value: 1732500.00
  • Lot Dimensions: 100x74
  • Outdoor Living Structures: Deck(s)
  • Zoning: R50
  • Zoning Description: r50

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3023485
  • Tax Annual Amount: 21776.00
  • Assessor Parcel Number: 18-00011-32-00009-02
  • Tax Lot: 9.02
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Nayak Smite
Bought by
Smita Nayak 2023 Family Trust
Current Estimated Value
$5,416,540

Purchase Details

Closed on
Mar 2, 2023
Sold by
Nayak Smita and Nayak V
Bought by
Qualified Personal Residence Trust and Gandhi

Purchase Details

Closed on
Aug 24, 2017
Sold by
Nayak Smita
Bought by
Nayak Smita

Purchase Details

Closed on
Nov 4, 2016
Sold by
Nayak Smita and Nayak Vin Nayak
Bought by
Long Beach Township

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.54%

Purchase Details

Listed on
Sep 12, 2015
Closed on
Jan 21, 2016
Sold by
Gaw & Maw Family Lp
Bought by
Nayak Smita V
Seller's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Lori Anderson
G. Anderson Agency
List Price
$2,395,000
Sold Price
$2,010,000
Premium/Discount to List
-$385,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
May 11, 2010
Sold by
White Gerald A
Bought by
The Gaw & Maw Family Limited Partnership
Source: Public Records
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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
Smita Nayak 2023 Family Trust -- None Listed On Document
Smita Nayak 2023 Family Trust -- None Listed On Document
Vinayak Nayak 2023 Family Trust -- None Listed On Document
Vinayak Nayak 2023 Family Trust -- None Listed On Document
Qualified Personal Residence Trust $1,615,420 Town Title
Qualified Personal Residence Trust $1,615,420 Town Title
Nayak Smita -- None Listed On Document
Nayak Smita -- None Listed On Document
Nayak Smita -- Old Republic National Title
Long Beach Township -- --
Nayak Smita V $2,010,000 Old Republic National Title
The Gaw & Maw Family Limited Partnership -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Beach Township --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2016 02/09/16 Sold $2,010,000 -16.1% $572 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
09/12/2015 09/12/15 For Sale $2,395,000 -- $682 / Sq Ft
Source: Bright MLS

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 $54,344 $5,952,200 $2,584,000 $3,368,200
2024 $52,796 $5,952,200 $2,584,000 $3,368,200
2023 $49,522 $5,952,200 $2,584,000 $3,368,200
2022 $49,522 $5,952,200 $2,584,000 $3,368,200
2021 $47,975 $5,952,200 $2,584,000 $3,368,200
2020 $29,037 $2,921,200 $1,732,500 $1,188,700
2019 $29,300 $2,921,200 $1,732,500 $1,188,700
2018 $16,857 $1,732,500 $1,732,500 $0
2017 $16,944 $1,732,500 $1,732,500 $0
2016 $22,343 $2,266,000 $1,732,500 $533,500
2015 $22,320 $2,266,000 $1,732,500 $533,500
2014 $21,776 $2,266,000 $1,732,500 $533,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC192668

Bright MLS

APN: 18-00011-32-00009-02

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