NOT LISTED FOR SALE

Estimated Value: $4,655,000 - $5,433,000

6 Beds
5 Baths
4,000 Sq Ft
$1,241/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $3,200,000 $800 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $29,272/month

325 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Newly Remodeled
  • Deck
  • Ocean View
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of January 2019

OCEANFRONT NEW CONSTRUCTION!! This meticulously designed reversed living home has 6 bedrooms, 3 full and 2 half baths. The expansive living area has breathtaking views of the Atlantic Ocean, and opens up into a large kitchen featuring High-End, commercial appliances - upgrades includes Bosch dishwasher, Wolfe gas range with commercial exhaust and a Sub-Zero french-door refridgerator. Hardwood and marble flooring throughout; Control4 Security System; contemporary fireplaces on 2nd and 3rd floors w/ LED color changing capabilities; Anderson storm windows throughout; 2 tank-less water heaters and an upgraded elevator w/ marble flooring. Multiple decks including a roof-top deck to capture the beauty of the Ocean and the bay! Three-car garage with an outdoor shower and an irrigation system for easy-care landscaping. This is a truly luxury property that has been designed to be maintenance free... Just bring your guests and your bathing suits!

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 01/29/2018

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 01/29/2018

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,555

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 70x225
  • 70 Feet of Waterfront
  • Ocean Front

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Partially Furnished
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck
  • Outdoor Grill

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 5.01
  • Assessor Parcel Number 18-00010-38-00005-01

Community Details

Overview

  • No Home Owners Association
  • Beach Haven Park Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,555

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 2017
  • Remarks Public: OCEANFRONT NEW CONSTRUCTION!! This meticulously designed reversed living home has 6 bedrooms, 3 full and 2 half baths. The expansive living area has breathtaking views of the Atlantic Ocean, and opens up into a large kitchen featuring High-End, commercial appliances - upgrades includes Bosch dishwasher, Wolfe gas range with commercial exhaust and a Sub-Zero french-door refridgerator. Hardwood and marble flooring throughout; Control4 Security System; contemporary fireplaces on 2nd and 3rd floors w/ LED color changing capabilities; Anderson storm windows throughout; 2 tank-less water heaters and an upgraded elevator w/ marble flooring. Multiple decks including a roof-top deck to capture the beauty of the Ocean and the bay! Three-car garage with an outdoor shower and an irrigation system for easy-care landscaping. This is a truly luxury property that has been designed to be maintenance free... Just bring your guests and your bathing suits!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Stove, Washer, Water Heater - Tankless
  • Flooring Type: Marble, Wood
  • Interior Amenities: Window Treatments, Breakfast Area, Ceiling Fan(s), Crown Moldings, Elevator, Intercom, Kitchen - Island, Floor Plan - Open, Recessed Lighting, Wet/Dry Bar, Primary Bath(s), Soaking Tub, Stall Shower
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Crawl Space, Pilings
  • Levels Count: 3+
  • Room Count: 11
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 898.75
  • Above Grade Finished Sq Ft: 4000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 125

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Shingle
  • View: Water, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Tankless
  • 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

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Land Assessed Value: 1386000.00
  • Lot Dimensions: 70x225
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: Res

Building Info

  • Building Features: Security System

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3022946
  • Tax Annual Amount: 13555.00
  • Assessor Parcel Number: 18-00010-38-00005-01
  • Tax Lot: 5.01
  • Tax Year: 2017
  • Close Date: 01/15/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
Jan 12, 2019
Sold by
Nayak Vinayak and Nayak Smita V
Bought by
Hara Michael F O and Salerno Melanie
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$3,899,500
Sold Price
$3,200,000
Premium/Discount to List
-$699,500
-17.94%
Current Estimated Value
$4,963,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,763,859
Avg. Annual Appreciation
6.86%
Original Mortgage
$200,000
Outstanding Balance
$176,886
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,784,140

Purchase Details

Listed on
Jan 31, 2013
Closed on
Aug 27, 2013
Sold by
Mears Lawrence L and Zayszly Linda Mears
Bought by
Nayak Vinayak and Nayak Smita
Seller's Agent
Jo Ann Norton
Coldwell Banker Riviera Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$1,775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$1,420,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2009
Sold by
The Trust Of Lawrence L Mears
Bought by
Mears Lawrence L and Zayszly Linda Mears

Purchase Details

Closed on
May 1, 1998
Sold by
Estate Of Lawrence Lippincott Mears and Mears Lorraine H
Bought by
The Trust Of Lawrence L Mears and Mears Lorraine H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hara Michael F O $3,200,000 First American Title
Nayak Vinayak $1,775,000 None Available
Mears Lawrence L -- None Available
The Trust Of Lawrence L Mears -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hara Michael F O $200,000
Previous Owner Nayak Vinayak $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $3,200,000 -17.9% $800 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $3,899,500 +119.7% $975 / Sq Ft
10/04/2013 10/04/13 Sold $1,775,000 -- $720 / 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
2024 $26,716 $3,012,000 $1,938,000 $1,074,000
2023 $25,060 $3,012,000 $1,938,000 $1,074,000
2022 $25,060 $3,012,000 $1,938,000 $1,074,000
2021 $24,277 $3,012,000 $1,938,000 $1,074,000
2020 $22,431 $2,256,600 $1,386,000 $870,600
2019 $22,634 $2,256,600 $1,386,000 $870,600
2018 $21,957 $2,256,600 $1,386,000 $870,600
2017 $13,555 $1,386,000 $1,386,000 $0
2016 $13,666 $1,386,000 $1,386,000 $0
2015 $15,335 $1,556,900 $1,386,000 $170,900
2014 $14,962 $1,556,900 $1,386,000 $170,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC158626

Bright MLS

APN: 18-00010-38-00005-01