NOT LISTED FOR SALE

Estimated Value: $751,000 - $968,000

3 Beds
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold August 27, 2021

Last sale price $690,000

Est. 28% increase in value since last sale

Current estimated payment $4,986/month

31 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Oceanside
  • Bonus Room
  • Eat-In Kitchen

About This Home

As of August 2021

Welcome to 122 East 5th Street, Unit #B in Ship Bottom - This must see, cozy oceanside second floor condo is only four houses from the pristine white, sandy beaches of LBI. This turnkey, lovingly maintained home has three bedrooms, a comfortable living area, and a large eat-in kitchen. There is a bonus room above the living area complete with an ocean view. Enjoy the tranquil sound of waves crashing from the front deck while you are spending time with your friends and family. In addition, the spacious backyard has a patio perfect for hosting guests, equipped with a large private storage shed and an outdoor shower with changing space! Your next home is just a short walk to restaurants, shops, and entertainment for the whole family. This property would be a great family vacation home, permanent residence, or potential rental property.

Exemplifies pride in ownership. Don't miss this opportunity!

Last Agent to Sell the Property

Barbara House-Quigley

Berkshire Hathaway HomeServices Zack Shore REALTORS License #1971347 Listed on: 07/02/2021

Last Buyer's Agent

Mary Ann O'Shea

RE/MAX at Barnegat Bay License #9484334

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1955

Lot Details

  • 3,920

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Bonus Room
  • Storage
  • Ocean Views
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Gravel Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Patio
  • Shed

Location

  • Upper Level

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Multiple cooling system units
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Personal property exclusions. Inventory to be provided.
  • Assessor Parcel Number 29-00117-0000-00006-0000-C.B

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,726

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoLotFeatures: Ocean Block, Oceanside
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: Upper Level, Condo, 2 Story
  • Reso Interior Features: Bonus Room, Sliding Door
  • New Construction: No
  • Year Built: 1955
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.09
  • General Property Info Lot Dimensions: 1,999 Sq Ft
  • Location Middle School: Southern Reg
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Cooling Multi Units: Yes
  • Interior Bonus Room: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exclusions: Personal property exclusions. Inventory to be provided.
  • Exterior Features: Deck, Outdoor Shower, Patio, Private Storage, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Assigned, None
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:None3: Yes
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 1,999 Sq Ft
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 29-00117-0000-00006-0000-C.B
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3726.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 23, 2021
Sold by
Nichols Ted B and Nichols Sharon
Bought by
Healy Stacy and Healy John
Seller's Agent
Barbara House-Quigley
Berkshire Hathaway HomeServices Zack Shore REALTORS
Buyer's Agent
Mary Ann O'Shea
RE/MAX at Barnegat Bay
List Price
$599,900
Sold Price
$690,000
Premium/Discount to List
$90,100
15.02%
Current Estimated Value
$883,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,859
Avg. Annual Appreciation
5.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Healy Stacy $690,000 University Title Ins Agcy
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $690,000 +15.0% --
07/01/2021 07/01/21 For Sale $599,900 -- --
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 $4,102 $357,000 $240,000 $117,000
2024 $4,102 $357,000 $240,000 $117,000
2023 $3,733 $357,000 $240,000 $117,000
2022 $3,733 $352,500 $240,000 $112,500
2021 $3,715 $352,500 $240,000 $112,500
2020 $3,726 $352,500 $240,000 $112,500
2019 $3,729 $352,500 $240,000 $112,500
2018 $3,737 $352,500 $240,000 $112,500
2017 $3,493 $352,500 $240,000 $112,500
2016 $3,259 $294,400 $200,000 $94,400
2015 $3,180 $294,400 $200,000 $94,400
2014 $3,177 $294,400 $200,000 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120935

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00117-0000-00006-0000-C.B