NOT LISTED FOR SALE

148 Newark Ave Lavallette, NJ 08735

Estimated Value: $1,062,000 - $1,423,000

3 Beds
2.5 Baths
1,700 Sq Ft
$735/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $1,285,000 $756 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,718/month

50 Days on Market

Highlights

  • Docks
  • 2 Fireplaces
  • 1 Car Attached Garage
  • Waterfront
  • End Unit
  • 3-minute walk to Ortley Beach Bayside Park

About This Home

As of November 2023

The property includes a private dock and deeded boat slip, ensuring waterfront living is a daily luxury. Low taxes only $5,200 a year! Presenting a remarkable waterfront townhouse in the desirable West Point Cove of Lavallette. This end unit has undergone a complete and full gut renovation, resulting in an extraordinary living space adorned with beautiful finishes and an open floorplan. As you step into the expansive foyer, you'll immediately appreciate the seamless flow of the first level, which features a welcoming living and dining area illuminated by natural light. The gas fireplace adds a cozy touch, creating an inviting ambiance. The modern kitchen is a culinary enthusiast's dream, offering both style and functionality. A powder room on the first level adds convenience and versatility. On the second level, three well-appointed bedrooms await, accompanied by two full baths. The main bedroom is a true retreat, featuring a spacious en suite bath, a gas fireplace for added warmth, vaulted ceilings, and sliding doors opening to a balcony overlooking picturesque water views. Modern comforts abound in this exceptional townhouse, including central air for optimal climate control, gas heat for efficient warmth, and a ready-to-use stackable washer/dryer for convenient laundry care. Indulge in a waterfront lifestyle of unparalleled beauty and convenience in this meticulously renovated townhouse. With its stunning finishes and thoughtfully designed open floor plan, this residence offers the perfect combination of modern elegance and coastal charm. With a private dock and deeded boat slip, waterfront living becomes an everyday luxury. Ascending to the second level, you'll discover three well-appointed bedrooms and another two full baths. The main bedroom is a true retreat, featuring a spacious en suite bath, a gas fireplace for added warmth, vaulted ceilings and two sliding doors opening to a balcony overlooking the picturesque water views. This exceptional townhouse is equipped with modern comforts, including central air for optimal climate control, gas heat for efficient warmth, and ready for your stackable washer/dryer for convenient laundry care. Prepare to indulge in a waterfront lifestyle of unparalleled beauty and convenience in this meticulously renovated townhouse. With its stunning finishes and thoughtfully designed open floor plan, this residence offers the perfect combination of modern elegance and coastal charm.

TAXES $5,200 A YEAR!

Last Listed By

Thomas Misuraca

Keller Williams City Life License #1325049 Listed on: 09/05/2023

Keller Williams City Life

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 1985

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60 x 94
  • Waterfront
  • End Unit

HOA Fees

  • $283 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Docks
  • Patio

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • West Point Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-00064-0000-00001-01-C0001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,197

Year Built

Built in 1985

Lot Details

0

HOA Fees

$283 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subdivision Name: West Point Cove
  • Architectural Style: End Unit, Townhouse
  • Year Built: 1985
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info # Parking Spaces2: 2.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 60 x 94
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Style Townhouse: Yes
  • Exterior Dock: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: Yes
  • Exterior Features: Dock, Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 3400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 60 x 94
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 16-00064-0000-00001-01-C0001

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5197.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 27, 2023
Sold by
Misuraca Thomas
Bought by
Chen Shelley Fei-Yun
Seller's Agent
Thomas Misuraca
Keller Williams City Life
Buyer's Agent
Christina Wheeler
C-21 Wessex
List Price
$1,349,000
Sold Price
$1,285,000
Premium/Discount to List
-$64,000
-4.74%
Total Days on Market
50
Views
112
Current Estimated Value
$1,250,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,922
Avg. Annual Appreciation
-1.90%

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
Chen Shelley Fei-Yun $1,284,999 True North Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $1,285,000 -2.6% $756 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $1,319,000 -2.2% $776 / Sq Ft
09/05/2023 09/05/23 For Sale $1,349,000 -- $794 / Sq Ft
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
2024 $6,042 $658,200 $335,000 $323,200
2023 $5,197 $608,600 $335,000 $273,600
2022 $5,197 $608,600 $335,000 $273,600
2021 $5,027 $608,600 $335,000 $273,600
2020 $4,997 $608,600 $335,000 $273,600
2019 $4,692 $519,300 $415,200 $104,100
2018 $5,042 $519,300 $415,200 $104,100
2017 $5,094 $519,300 $415,200 $104,100
2016 $4,928 $519,300 $415,200 $104,100
2015 $4,824 $519,300 $415,200 $104,100
2014 $4,845 $519,300 $415,200 $104,100
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22324698

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00064-0000-00001-011