$900,000
SOLD JAN 1, 2025
6,251 Acres
$144 Price per Acre
272,293,600 Sq Ft Lot

Recently Sold

$1,125 Per Sq Ft

76% Below List Price

1 Day on Market

About This Lot

As of January 2025

ULTRA RARE OPPORTUNITY! Lot to be sold with Beachfront home and PRIVATE BEACH. Exceptional South end property offers unlimited potential to create a dream home or investment opportunity.The vacant lot provides the potential of building not just one, but two homes on this double lot. This opens up the possibility of creating a family compound, a for space guests, or even the chance to sell one of the homes for a profitable investment. Existing boarding house features 2 Apts, five individual rooms, each offering a unique and comfortable living space. Whether you're looking to rent them out for additional income or accommodate a large family, these rooms are ready to be personalized to suit your needs. Many possibilities. Buyer to perform Due Diligence.

Last Agent to Sell the Property

Edward Comune

Realty One Group Emerge License #0895697 Listed on: 07/31/2024

Realty One Group Emerge

Co-Listed By

Steven Porzio

Coldwell Banker Realty License #0789694

Last Buyer's Agent

Jim Dattoli Jr

RE/MAX Bay Point Realtors License #8931367

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,413

Lot Details

  • 6,251 Acre Lot
  • Lot Dimensions are 50x125
  • Cleared Lot

Schools

  • Antrim Elementary School
  • Point Pleasant Beach High School

Utilities

  • Electricity To Lot Line
  • Gas Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-00017-01-00046

Property Details

Property Type

Land

Est. Annual Taxes

$10,413

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Cleared
  • Co List Office Mls Id: 1267
  • Co List Office Phone: 732-449-2777
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 6251.0
  • General Property Info Lot Dimensions: 50x125
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Cable On Site: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Acres: 6251.0
  • Waterfront: No

Lot Info

  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 272293560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-00017-01-00046
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10413.0

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Dec 23, 2024
Sold by
Buletza Catherine Angela and Point Beach House Llc
Bought by
1412 Ocean Ave Llc
Seller's Agent
Edward Comune
Realty One Group Emerge
Buyer's Agent
Jim Dattoli Jr
RE/MAX Bay Point Realtors
List Price
$3,700,000
Sold Price
$900,000
Premium/Discount to List
-$2,800,000
-75.68%
Views
5
Current Estimated Value
$1,067,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,000
Avg. Annual Appreciation
23.07%
Original Mortgage
$1,999,999
Outstanding Balance
$1,987,594
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$920,594

Purchase Details

Closed on
Mar 26, 2001
Sold by
Buletza Peter P and Buletza Mary J
Bought by
Point Beach House Llc

Purchase Details

Closed on
Jun 27, 1997
Sold by
Phh Us Mortgage
Bought by
Buletza John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $3,200,000 None Listed On Document
Deed $3,200,000 None Listed On Document
Deed -- None Available
Deed $76,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,999,999 New Conventional
Closed $1,999,999 New Conventional
Previous Owner $75,000 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2025 01/01/25 Sold $900,000 -75.7% $1,125 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $3,700,000 0.0% $4,625 / Sq Ft
11/01/2014 11/01/14 Rented $1,100 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $10,738 $625,000 $625,000 --
2024 $10,413 $625,000 $625,000 $0
2023 $10,119 $625,000 $625,000 $0
2022 $10,119 $625,000 $625,000 $0
2021 $9,894 $625,000 $625,000 $0
2020 $9,881 $625,000 $625,000 $0
2019 $9,744 $625,000 $625,000 $0
2018 $9,594 $625,000 $625,000 $0
2017 $9,444 $625,000 $625,000 $0
2016 $9,488 $625,000 $625,000 $0
2015 $9,413 $625,000 $625,000 $0
2014 $9,369 $625,000 $625,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22421836

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 26-00017-01-00046