Seller's Agent in 2021
Andrea Newman
RE/MAX
(609) 709-9096
8 in this area
14 Total Sales
14 E 29th St Barnegat Light, NJ 08006
Long Beach Island NeighborhoodEstimated Value: $3,020,000 - $4,562,000
5
Beds
5
Baths
4,966
Sq Ft
$784/Sq Ft
Est. Value
Highlights
- 62 Feet of Waterfront
- Primary bedroom faces the ocean
- Public Water Access
- Ocean View
- Sandy Beach
- 24-Hour Security
About This Home
As of May 2021Magnificent Brilliance emits the epitome of Victorian Bliss! An elegant non-reverse living Oceanfront home located in the much sought after southern end of Barnegat Light. Featuring 3 levels of living space, encompassing 4386 sq.ft. with 5 bedrooms, including a massive master suite, 3 full baths and 2 half baths, den/study & formal dining room. The regal marble entry foyer leads to the main living area offering a majestic gas fireplace with stately mantel & marble surround. The main living area offers an enormous gourmet kitchen with Corian counters, Granite topped center island and stainless steel appliances. Other noteworthy amenities include an oversized 2 car garage leading to a 3 stop elevator. The first level boasts a 1764 sq.ft. family/game room with wet bar & beverage refrigerator, just steps to a heated fiberglass pool, Azek deck & patio BBQ area. This level also has separate guest quarters with 2 bedrooms, a full bath and a cabana bath. Gross Potential Rental Income $275K for 10 weeks. A magical place filled with many resources & love. Call today to tour this wonderful Oceanfront retreat! Take the Tour! Click on the Video Tour Icon for 3 Tours of the home: Virtual Tour, Walk Thru Video Tour & the 3D Matterport Showcase Tour (User Friendly Interactive Measuring Tool).
Last Agent to Sell the Property
(609) 709-9096 acnewman58@gmail.com RE/MAX of Long Beach Island License #8834607 Listed on: 12/03/2020
Last Buyer's Agent
(609) 709-9096 acnewman58@gmail.com RE/MAX of Long Beach Island License #8834607 Listed on: 12/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,017
Year Built
- Built in 2001
Lot Details
- 6,562 Sq Ft Lot
- Lot Dimensions are 62.50 x 105.00
- 62 Feet of Waterfront
- Ocean Front
- Home fronts navigable water
- Sandy Beach
- Public Beach
- South Facing Home
- Vinyl Fence
- Stone Retaining Walls
- Landscaped
- Extensive Hardscape
- Premium Lot
- Corner Lot
- Level Lot
- Sprinkler System
- Front Yard
- Property is in excellent condition
- Property is zoned R-A
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Front Facing Garage
- Garage Door Opener
- Brick Driveway
- On-Street Parking
- Off-Street Parking
Property Views
- Ocean
- Panoramic
Home Design
- Victorian Architecture
- Pillar, Post or Pier Foundation
- Block Foundation
- Frame Construction
- Architectural Shingle Roof
- Fiberglass Roof
- Shake Siding
- Stone Siding
- HardiePlank Type
- Stick Built Home
- Masonry
- Cedar
- Tile
Interior Spaces
- Property has 3 Levels
- 1 Elevator
- Open Floorplan
- Wet Bar
- Furnished
- Curved or Spiral Staircase
- Built-In Features
- Bar
- Crown Molding
- Tray Ceiling
- Cathedral Ceiling
- Recessed Lighting
- Marble Fireplace
- Fireplace Mantel
- Gas Fireplace
- Double Pane Windows
- Insulated Windows
- Double Hung Windows
- Stained Glass
- Transom Windows
- Sliding Windows
- Window Screens
- Sliding Doors
- Six Panel Doors
- Formal Dining Room
- Den
Kitchen
- Eat-In Gourmet Kitchen
- Double Oven
- Cooktop with Range Hood
- Built-In Microwave
- Extra Refrigerator or Freezer
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Compactor
Flooring
- Wood
- Carpet
- Stone
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- Primary bedroom faces the ocean
- Main Floor Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on main level
- Front Loading Dryer
- ENERGY STAR Qualified Washer
Home Security
- Home Security System
- Exterior Cameras
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
- More Than Two Accessible Exits
Pool
- Heated In Ground Pool
- Fence Around Pool
- Outdoor Shower
Outdoor Features
- Public Water Access
- Property is near an ocean
- Swimming Allowed
- Deck
- Patio
- Exterior Lighting
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Roof Mounted Cooling System
- Vented Exhaust Fan
- Programmable Thermostat
- Underground Utilities
- High-Efficiency Water Heater
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient Windows
- Flood Risk
Listing and Financial Details
- Tax Lot 00016
- Assessor Parcel Number 02-00055-00016
Community Details
Overview
- No Home Owners Association
- Built by Thomas Keller
- Barnegat Light Subdivision
Recreation
- Fishing Allowed
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2020
Closed on
May 12, 2021
Sold by
Gulotta Michael J and Jayroe Elaine
Bought by
Engel Craig and Engel Mary Ellen
Seller's Agent
Andrea Newman
RE/MAX of Long Beach Island
Buyer's Agent
Andrea Newman
RE/MAX of Long Beach Island
List Price
$3,999,999
Sold Price
$3,075,000
Premium/Discount to List
-$924,999
-23.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,054
Avg. Annual Appreciation
5.48%
Purchase Details
Closed on
Jul 31, 2019
Sold by
Gulotta Michael J and Michael J Gulotta Qualified Pe
Bought by
Gulotta Michael J and Jayroe Elaine
Purchase Details
Closed on
Sep 28, 2014
Sold by
Mathews Verner B
Bought by
Verner B Mathews Living Trust and Mathews Christine
Purchase Details
Closed on
Jul 30, 2002
Purchase Details
Closed on
Oct 8, 1998
Sold by
Doughty W Stockton
Bought by
Gulotta Michael and Gulotta Madeline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Engel Craig | $3,075,000 | University Title Ins Agcy | |
| Engel Craig | $3,075,000 | University Title | |
| Gulotta Michael J | -- | None Available | |
| Verner B Mathews Living Trust | -- | None Available | |
| -- | -- | -- | |
| Gulotta Michael | $495,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gulotta Michael | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $3,075,000 | -9.5% | $619 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | Price Changed | $3,399,000 | -2.9% | $684 / Sq Ft |
| 03/05/2021 03/05/21 | Price Changed | $3,499,000 | -2.8% | $705 / Sq Ft |
| 02/05/2021 02/05/21 | Price Changed | $3,599,000 | -10.0% | $725 / Sq Ft |
| 12/03/2020 12/03/20 | For Sale | $3,999,999 | -- | $805 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $27,317 | $2,710,000 | $1,911,900 | $798,100 |
| 2024 | $26,613 | $2,710,000 | $1,911,900 | $798,100 |
| 2023 | $24,702 | $2,986,900 | $1,911,900 | $1,075,000 |
| 2022 | $24,702 | $2,986,900 | $1,911,900 | $1,075,000 |
| 2021 | $23,671 | $2,659,700 | $1,911,900 | $747,800 |
| 2020 | $24,017 | $2,659,700 | $1,911,900 | $747,800 |
| 2019 | $23,139 | $2,659,700 | $1,911,900 | $747,800 |
| 2018 | $22,740 | $2,659,700 | $1,911,900 | $747,800 |
| 2017 | $23,538 | $2,659,700 | $1,911,900 | $747,800 |
| 2016 | $22,927 | $2,659,700 | $1,911,900 | $747,800 |
| 2015 | $22,102 | $2,659,700 | $1,911,900 | $747,800 |
| 2014 | $24,048 | $2,660,200 | $1,911,900 | $748,300 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Newman
Map
Source: Bright MLS
MLS Number: NJOC405732
APN: 02-00055-0000-00016
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