NOT LISTED FOR SALE

Estimated Value: $3,682,000 - $4,270,000

5 Beds
4.5 Baths
2,750 Sq Ft
$1,452/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $4,300,000 $1,564 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $23,239/month

74 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Open Floorplan
  • Contemporary Architecture
  • Ocean View
  • Deck
  • Wood Flooring

About This Home

As of July 2024

Nestled in Harvey Cedars' protective dunes with breathtaking 180 north and south views of the coast, experience the best of all LBI has to offer in this 5 bedroom, 4.5 bath, reverse living contemporary with 105 feet of ocean frontage.
Enter this lovely property and take the stairs or the 3 stop elevator to the first level, where you will land in a centrally located living area, featuring a wet bar with granite counters and beverage fridge. Just off this space, you'll find the first of 3 ensuite bedrooms. Venture down the hall and you will find two other bedrooms and a full bath, laundry room, and second bedroom suite. The living area and every bedroom have access to a deck that spans the length of the house, and water views just beyond.
Just above on the main living floor, experience the grandeur of the Atlantic as you enter the open concept living, dining and kitchen area. The wall of east facing windows and soaring ceilings provide a light, bright experience, and the spacious deck beyond creates a perfect setting for wave watching or catching the first rays of the morning sun over the water. The gourmet granite and stainless kitchen is a prime spot for entertaining with an expansive center island and seating that will become the focal point of gatherings. This exceptional kitchen features dual sinks, Viking appliances and plenty of cabinet space.
Also on this level you will find an exceptionally spacious primary suite, where you can be lulled to sleep by the sound of waves, and be awakened by the sun peeking over the water. The oversized master bath features both shower and a jetted tub.
If all this isn't enough, this home is crowned by a roof deck, where you will feel you're at the top of the world, with a bird's eye view of the ocean and sunset views of Barnegat Bay, too!
Other special features of this home include an oversized garage providing plenty of space for all your beach toys, outdoor shower, and ground level covered patio. Topping all of this off are the carefully curated floral gardens in the lush yard that the previous owner took such loving care to plant. This special property with only one owner since its inception is a rare find, and now the opportunity can be yours to own this oceanfront gem.

Last Agent to Sell the Property

Lisa Musarra

(609) 384-6609 musarralisa@gmail.com Oceanside Realty - HC Listed on: 03/22/2024

Last Buyer's Agent

Drew Guarino

(609) 354-2278 drew@guarinoteam.com RE/MAX at Barnegat Bay - Ship Bottom License #1968212

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,797

Year Built

  • Built in 2007

Lot Details

  • 5,249 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00
  • 105 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Landscaped
  • Back Yard
  • Property is zoned R-A

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,750 Sq Ft Home
  • Property has 3 Levels
  • 1 Elevator
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Family Room
  • Living Room
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck

Location

  • Flood Risk

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Harvey Cedars Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 10-00056-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,797

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits, Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-03-23
  • Federal Flood Zone: Yes
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in Harvey Cedars' protective dunes with breathtaking 180° north and south views of the coast, experience the best of all LBI has to offer in this 5 bedroom, 4.5 bath, reverse living contemporary with 105 feet of ocean frontage. Enter this lovely property and take the stairs or the 3 stop elevator to the first level, where you will land in a centrally located living area, featuring a wet bar with granite counters and beverage fridge. Just off this space, you'll find the first of 3 ensuite bedrooms. Venture down the hall and you will find two other bedrooms and a full bath, laundry room, and second bedroom suite. The living area and every bedroom have access to a deck that spans the length of the house, and water views just beyond. Just above on the main living floor, experience the grandeur of the Atlantic as you enter the open concept living, dining and kitchen area. The wall of east facing windows and soaring ceilings provide a light, bright experience, and the spacious deck beyond creates a perfect setting for wave watching or catching the first rays of the morning sun over the water. The gourmet granite and stainless kitchen is a prime spot for entertaining with an expansive center island and seating that will become the focal point of gatherings. This exceptional kitchen features dual sinks, Viking appliances and plenty of cabinet space. Also on this level you will find an exceptionally spacious primary suite, where you can be lulled to sleep by the sound of waves, and be awakened by the sun peeking over the water. The oversized master bath features both shower and a jetted tub. If all this isn't enough, this home is crowned by a roof deck, where you will feel you're at the top of the world, with a bird's eye view of the ocean and sunset views of Barnegat Bay, too! Other special features of this home include an oversized garage providing plenty of space for all your beach toys, outdoor shower, and ground level covered patio. Topping all of this off are the carefully curated floral gardens in the lush yard that the previous owner took such loving care to plant. This special property with only one owner since its inception is a rare find, and now the opportunity can be yours to own this oceanfront gem.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Gas, Stove, Washer, Refrigerator, Dryer
  • Flooring Type: Wood, Fully Carpeted, Ceramic Tile
  • Interior Amenities: Kitchen - Island, Whirlpool/Hottub, Floor Plan - Open, Ceiling Fan(s), Elevator, Wet/Dry Bar, Stall Shower, Walk-In Closet(s)
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 1
  • Foundation Details: Pilings
  • Levels Count: 3
  • Room Count: 9
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2750
  • Living Area Sq Ft: 2750
  • Price Per Sq Ft: 1636.00
  • Above Grade Finished Sq Ft: 2750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 4
  • Lower Level Bedroom: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 3
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Spa: No
  • View: Water, Ocean, Bay
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 105

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Zoned, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Satellite

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Features: Landscaping, Rear Yard
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5249.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R-A

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20797.00
  • Assessor Parcel Number: 10-00056-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 3420
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/08/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 28, 2024
Sold by
Mazdyasni Farrokh
Bought by
Inglima Philip T and Wieser Elizabeth A
Seller's Agent
Lisa Musarra
Oceanside Realty - HC
Buyer's Agent
Drew Guarino
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$4,699,000
Sold Price
$4,300,000
Premium/Discount to List
-$399,000
-8.49%
Views
66
Current Estimated Value
$3,993,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$306,767
Avg. Annual Appreciation
-5.79%
Original Mortgage
$3,800,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2007
Sold by
Ldo Development Llc
Bought by
Mazdeyasna Farrokh

Purchase Details

Closed on
Feb 1, 2005
Sold by
Maver Ronald and Maver Lydia
Bought by
Ldo Development Llc
Source: Public Records

Range of Values:

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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
Inglima Philip T $4,300,000 Surety Title
Inglima Philip T $4,300,000 Surety Title
Mazdeyasna Farrokh $2,962,500 Old Republic National Title
Ldo Development Llc $1,999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inglima Philip T $3,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $4,300,000 -4.4% $1,564 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $4,499,000 -4.3% $1,636 / Sq Ft
03/22/2024 03/22/24 For Sale $4,699,000 -- $1,709 / 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 $23,802 $2,184,900 $1,159,000 $1,025,900
2024 $20,797 $2,115,700 $1,159,000 $956,700
2023 $20,459 $2,115,700 $1,159,000 $956,700
2022 $20,459 $2,115,700 $1,159,000 $956,700
2021 $19,888 $2,115,700 $1,159,000 $956,700
2020 $19,634 $2,115,700 $1,159,000 $956,700
2019 $19,380 $2,115,700 $1,159,000 $956,700
2018 $19,824 $2,115,700 $1,159,000 $956,700
2017 $20,184 $2,115,700 $1,159,000 $956,700
2016 $20,967 $2,115,700 $1,159,000 $956,700
2015 $20,924 $2,115,700 $1,159,000 $956,700
2014 $20,015 $2,115,700 $1,159,000 $956,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2024682

Bright MLS

APN: 10-00056-0000-00012