$1,470,000
SOLD FEB 27, 2015

15 Newark Ave Lavallette, NJ 08735

5 Beds
4 Baths
2,970 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$495 Per Sq Ft

515 Days on Market

Highlights

  • Water Views
  • Oceanside
  • No HOA
  • Newly Remodeled
  • Contemporary Architecture
  • 5-minute walk to Boro Ball Field

About This Home

As of February 2015

Brand new, FEMA compliant, 5 bedroom / 4 bath custom built vacation home. Located just 8 parcels from the ocean, this home has a wide-open floor with almost 3000 square feet of living space. All bathrooms have tiled floors and showers and stone-top vanities. Hardwood floors, high efficiency 2-zoned heat and air, granite counters are just a few of the many items this quality-built home features. Come and make Lavallette your home and continue your lifetime love affair with the shore. All offers/contracts MUST be in writing - no exceptions.

Last Agent to Sell the Property

Stephen Krug

Birchler Realtors Listed on: 08/26/2013

Birchler Realtors

Last Buyer's Agent

Harold Rall

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,238

Year Built

  • Built in 2014 | Newly Remodeled

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,970 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • Driveway

Schools

  • Lavallette Elementary School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Oceanside
  • Lot Dimensions are 50 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00023000000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,238

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Year Built: 2014
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 X 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Special Features: 4098

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Other
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 X 100
  • Parcel #: 00023000000020
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
Kevin Realty Management Llc
Bought by
Miller Marc and Miller Joelene C
Total Days on Market
515
Current Estimated Value
$2,477,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,118,973
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,358,596

Purchase Details

Listed on
Aug 26, 2013
Closed on
Feb 26, 2015
Sold by
Ocwen Bay Developers Llc
Bought by
Kevin Realty Management
Seller's Agent
Stephen Krug
Birchler Realtors
Buyer's Agent
Harold Rall
Childers Sotheby's Intl Realty
Sold Price
$1,470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%

Purchase Details

Closed on
Jun 19, 2011
Sold by
Byrne Richard
Bought by
Ocean Bay Developers Llc
Source: Public Records

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Range of Values:

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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 $1,575,000 Trident Abstract Ttl Agcy Ll
Deed $1,470,000 Agent For Old Republic Natl
Deed $750,000 Agent For Old Republic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $83,400 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Rented $3,000 0.0% --
02/27/2015 02/27/15 Sold $1,470,000 +96.0% $495 / Sq Ft
07/08/2013 07/08/13 Sold $750,000 -- --
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 $14,238 $1,551,000 $842,500 $708,500
2023 $13,246 $1,551,000 $842,500 $708,500
2022 $13,246 $1,551,000 $842,500 $708,500
2021 $12,811 $1,551,000 $842,500 $708,500
2020 $12,734 $1,551,000 $842,500 $708,500
2019 $9,793 $1,000,300 $650,000 $350,300
2018 $9,713 $1,000,300 $650,000 $350,300
2017 $9,813 $1,000,300 $650,000 $350,300
2016 $9,493 $1,000,300 $650,000 $350,300
2015 $9,293 $650,000 $650,000 $0
2014 $8,599 $921,700 $650,000 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21329733

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00023-0000-00020