NOT LISTED FOR SALE

1301 Atlantic Ave Longport, NJ 08403

Estimated Value: $5,238,885 - $7,301,000

5 Beds
5 Baths
4,321 Sq Ft
$1,397/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $4,400,000 $1,018 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $35,878/month

154 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Marble Flooring
  • In Ground Pool
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of September 2013

THIS SPECTACULAR BAYFRONT HOME HAS IT ALL! Located just one block from the beach and the prestigious "Point" of Longport. This bayfront beauty features a unique private beach right in your backyard, rooftop deck with panoramic views, elevator, 2-car garage, 6+ car parking, 5 bedrooms, 5 full baths, boat dock, in-ground swimming pool & fantastic outdoor space that is hard to beat! Contemporary home with beautiful, circular, wooden staircase & dramatic entryway with floor-to-ceiling windows! Open floorplan!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 03/28/2013

BHHS FOX and ROACH-Margate

Co-Listed By

Dana Hartman

BHHS FOX and ROACH-Margate II License #0679612

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 03/28/2013

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,250

Year Built

  • 1992

Lot Details

  • Lot Dimensions are 59x120
  • Property Fronts a Bay or Harbor
  • Corner Lot

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Great Room
  • Dining Area
  • Den
  • Library
  • Recreation Room
  • Storage
  • Laundry Room
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,250

Year Built

1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 1992

Interior Features

  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Security System, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Patio, Pool-In Ground, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Corner
  • Lot Dimensions: 59x120
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
Sep 27, 2013
Sold by
Lee Jerry and Lee Ellen Berman
Bought by
Martin Francis and Martin Tracey
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$4,400,000
Sold Price
$4,400,000
Total Days on Market
154
Current Estimated Value
$6,034,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634,295
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lee Jerry
Bought by
Lee Jerry and Berman Lee Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Pouls Michael
Bought by
Jerry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Barroway Andy and Barroway Elyse
Bought by
Pouls Michael and Pouls Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 14, 2003
Sold by
Shrager David and Shrager Joan
Bought by
Barroway Andy and Barroway Elyse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,185,646
Interest Rate
5.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 1997
Sold by
First Union National Bank
Bought by
United States Realty & Investment Co and Town Associates Inc

Purchase Details

Closed on
Jun 1, 1992
Sold by
Solomon Emanuel
Bought by
Shrager David and Shrager Joan
Source: Public Records

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Range of Values:

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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
Martin Francis $400,000 Old Republic Title Ins Co
Lee Jerry $5,500,000 --
Jerry Lee $5,500,000 --
Pouls Michael $4,795,000 --
Barroway Andy $4,500,000 Citizens Title Insurance Age
United States Realty & Investment Co $1,350,000 Commonwealth Land Title Ins
Shrager David $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jerry Lee $5,500,000
Previous Owner Pouls Michael $150,000
Previous Owner Pouls Michael $2,730,000
Previous Owner Barroway Andrew $3,185,646
Previous Owner Barroway Andy $3,185,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $4,400,000 0.0% $1,018 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $4,400,000 -- $1,018 / Sq Ft
Source: South Jersey Shore Regional 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 $46,250 $4,122,100 $3,000,000 $1,122,100
2023 $41,757 $4,122,100 $3,000,000 $1,122,100
2022 $41,757 $4,122,100 $3,000,000 $1,122,100
2021 $40,108 $4,122,100 $3,000,000 $1,122,100
2020 $40,644 $4,122,100 $3,000,000 $1,122,100
2019 $40,561 $4,122,100 $3,000,000 $1,122,100
2018 $40,561 $4,122,100 $3,000,000 $1,122,100
2017 $39,737 $4,122,100 $3,000,000 $1,122,100
2016 $38,171 $4,122,100 $3,000,000 $1,122,100
2015 $37,387 $4,122,100 $3,000,000 $1,122,100
2014 $37,016 $4,122,100 $3,000,000 $1,122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 408873

South Jersey Shore Regional MLS

APN: 15-00007-0000-00001