NOT LISTED FOR SALE

131 E 21st St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $4,116,966 - $4,766,000

4 Beds
3 Baths
3,000 Sq Ft
$1,504/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $1,600,000 $533 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $27,560/month

30 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • 2 Car Attached Garage
  • Parking available for a boat
  • No HOA
  • Central Air

About This Home

As of October 2019

Welcome home to the most amazing Oceanfront property in Ship Bottom. This ultra rare 100 x 100 lot is one of a handful available on all of LBI. CAFRA Application is underway. This property can be used as an existing multi-family or build your dream LBI estate. 100? on the oceanfront. this sale would include this property plus the 100x40 lot next door. Call today with any questions.

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 01/16/2019

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: 01/16/2019

RE/MAX at Barnegat Bay - Ship Bottom

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,421

Year Built

  • Built in 1960

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • 100 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Semi-Detached or Twin Home
  • Foundation Flood Vent
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Laminate Flooring

Bedrooms and Bathrooms

Outdoor Features

  • Water Access
  • Property is near an ocean
  • Deck

Location

  • Flood Risk

Utilities

  • Central Air
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 1.02
  • Assessor Parcel Number 29-00045-0000-00024-01

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,421

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Remarks Public: Welcome home to the most amazing Oceanfront property in Ship Bottom. This ultra rare 100 x 100 lot is one of a handful available on all of LBI. CAFRA Application is underway. This property can be used as an existing multi-family or build your dream LBI estate. 100? on the oceanfront. this sale would include this property plus the 100x40 lot next door. Call today with any questions.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Laminated
  • Fireplace: No
  • Foundation Details: Flood Vent
  • Levels Count: 2
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 3000
  • Living Area Sq Ft: 3000
  • Price Per Sq Ft: 766.67
  • Above Grade Finished Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Boat Storage
  • Roof: Shingle
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • 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

  • Improvement Assessed Value: 258800.00
  • Land Assessed Value: 1196000.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076013
  • Tax Annual Amount: 15421.00
  • Assessor Parcel Number: 29-00045-0000-00024-01
  • Tax Lot: 1.02
  • Tax Year: 2018
  • Close Date: 10/10/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Lbi Partners Inc
Bought by
Marchione Patrick and Marchione Lorraine
Current Estimated Value
$4,511,742

Purchase Details

Listed on
Jan 16, 2019
Closed on
Oct 8, 2019
Sold by
Carpenter James R and Carpenter Living Trust
Bought by
Lbi Partners Inc and Lbi Partners And Associates Inc
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
$2,300,000
Sold Price
$1,600,000
Premium/Discount to List
-$700,000
-30.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Carpenter John M and Carpenter Janet K
Bought by
Carpenter John M and Carpenter Janet K
Source: Public Records

Range of Values:

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Average Value
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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
Marchione Patrick $3,900,000 Plaza Abstract Services Llc
Lbi Partners Inc $1,600,000 Investment Title Llc
Carpenter John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lbi Partners Inc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $1,600,000 -30.4% $533 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $2,300,000 -- $767 / 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 $35,729 $2,965,100 $1,196,000 $1,769,100
2024 $34,069 $2,965,100 $1,196,000 $1,769,100
2023 $31,400 $2,965,100 $1,196,000 $1,769,100
2022 $12,666 $1,196,000 $1,196,000 $0
2021 $12,606 $1,196,000 $1,196,000 $0
2020 $15,377 $1,454,800 $1,196,000 $258,800
2019 $15,392 $1,454,800 $1,196,000 $258,800
2018 $15,421 $1,454,800 $1,196,000 $258,800
2017 $14,417 $1,454,800 $1,196,000 $258,800
2016 $12,894 $1,164,800 $977,500 $187,300
2015 $12,580 $1,164,800 $977,500 $187,300
2014 $12,568 $1,164,800 $977,500 $187,300
Source: Public Records

Agents Affiliated with this Home

  • Edward Freeman Sr

    Seller's Agent in 2019

    Edward Freeman Sr

    RE/MAX

    (609) 661-5002

    353 in this area

    431 Total Sales

    Edward Freeman Sr
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC145092

Bright MLS

APN: 29-00045-0000-00024-01

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

131 E 21st St, Ship Bottom, NJ

This home is located at 131 E 21st St, Ship Bottom, NJ 08008 since 16 January 2019 and is currently estimated at $4,511,742, approximately $1,503 per square foot. This property was built in 1960. 131 E 21st St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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