NOT LISTED FOR SALE

123 E 87th St Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $3,644,000 - $5,047,000

6 Beds
5.5 Baths
3,337 Sq Ft
$1,284/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $2,700,000 $809 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $24,394/month

601 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Built in 2016 | Newly Remodeled
  • Deck
  • Ocean View
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of May 2017

OCEANFRONT NEW CONSTRUCTION 50 ft on the Oceanfront with amazing views up and down the coast, Featuring 6 Bedrooms 5 Full and 1 Half Bath ,and oversize ocean front decks The first floor has 2 Bedrooms and 1 Bath. Second floor features 3 Bedrooms with 2 having Private Bath and 1 additional Bath. Family Room with Wet Bar over looking the ocean. The third floor features Grand Master Suite with Master Bath done with amazing tile work and Soaking Tub. Kitchen is a Chefs dreams with top of the line Appliances and Granite Tops. The Great Room overlooks the Atlantic Ocean with a Fireplace. This home also features an elevator and roof top deck This home is ready for immediate occupancy.

Last Agent to Sell the Property

Terry Moeller

(609) 709-2779 moellerterry@comcast.net Sea Breeze Realty Group, LLC Listed on: 09/19/2015

Co-Listed By

Cathy Moeller

(609) 709-8541 lbicathy@comcast.net Sea Breeze Realty Group, LLC License #9697708

Last Buyer's Agent

David Sheridan

(609) 709-2280 Dave@homesonlbi.com BHHS Zack Shore REALTORS License #8338877

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,900

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x150
  • 50 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • The property's topography is level

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 3,337 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 18-00013-06-00008

Community Details

Overview

  • No Home Owners Association
  • Brighton Beach Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,900

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 2016
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven - Double, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Stove, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Elevator, Intercom, Kitchen - Island, Floor Plan - Open, Recessed Lighting, Wet/Dry Bar, Primary Bath(s), Soaking Tub, Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Pilings
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3337
  • Living Area Sq Ft: 3337
  • Price Per Sq Ft: 837.58
  • Above Grade Finished Sq Ft: 3337
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: 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: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Lot Info

  • Improvement Assessed Value: 83300.00
  • Land Assessed Value: 1155000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 50x150
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: RES

Building Info

  • Building Features: Security System

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3024009
  • Tax Annual Amount: 11900.00
  • Assessor Parcel Number: 18-00013-06-00008
  • Tax Lot: 8
  • Tax Year: 2014

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2015
Closed on
May 19, 2017
Sold by
Tri Bee Llc
Bought by
Cutler Evelyn S
Seller's Agent
Terry Moeller
Sea Breeze Realty Group, LLC
Buyer's Agent
David Sheridan
BHHS Zack Shore REALTORS
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$4,285,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585,161
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,950,000
Outstanding Balance
$1,615,850
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$2,669,311

Purchase Details

Listed on
Apr 4, 2012
Closed on
Mar 6, 2015
Sold by
Quaranto James S
Bought by
Tri Bee Llc
Seller's Agent
Sharon Counsellor
Long Beach Island Real Estate
Buyer's Agent
Terry Moeller
Sea Breeze Realty Group, LLC
List Price
$1,599,000
Sold Price
$1,175,000
Premium/Discount to List
-$424,000
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%

Purchase Details

Closed on
May 26, 1999
Sold by
Wellmann Family Partnership Lp
Bought by
Quaranto James S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cutler Evelyn S $2,600,000 Old Republic National Title
Tri Bee Llc $1,175,000 Multiple
Quaranto James S $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutler Evelyn S $1,950,000
Previous Owner Quaranto James S $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2017 05/24/17 Sold $2,700,000 -9.8% $809 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
09/19/2015 09/19/15 For Sale $2,995,000 +154.9% $898 / Sq Ft
03/06/2015 03/06/15 Sold $1,175,000 -26.5% $644 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
04/04/2012 04/04/12 For Sale $1,599,000 -- $877 / 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 $23,844 $2,670,100 $1,615,000 $1,055,100
2024 $23,684 $2,670,100 $1,615,000 $1,055,100
Source: Public Records

Agents Affiliated with this Home

  • Terry Moeller

    Seller's Agent in 2017

    Terry Moeller

    Sea Breeze Realty Group, LLC

    (609) 709-2779

    31 in this area

    31 Total Sales

    Terry Moeller
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Cathy Moeller

    Sea Breeze Realty Group, LLC

    (609) 709-8541

    46 in this area

    48 Total Sales

    Cathy Moeller
    Section Image
  • David Sheridan

    Buyer's Agent in 2017

    David Sheridan

    BHHS Zack Shore REALTORS

    (609) 709-2280

    54 in this area

    80 Total Sales

    David Sheridan
    Section Image

  • S

    Seller's Agent in 2015

    Sharon Counsellor

    Long Beach Island Real Estate

    (609) 290-6916

    5 in this area

    10 Total Sales

    Sharon Counsellor
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC192368

Bright MLS

APN: 18-00013-06-00008

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

123 E 87th St, Long Beach Township, NJ

Not Listed for Sale

Detached

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