Seller's Agent in 2024
David Ten Hoeve
Keller Williams Realty Central Monmouth
(201) 315-9157
16 in this area
204 Total Sales
15 Sailors Way Red Bank, NJ 07701
New Monmouth NeighborhoodEstimated Value: $6,710,000 - $9,859,077
6
Beds
14
Baths
22,540
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Dock has access to electricity and water
- Boat Lift
- Indoor Spa
- Navesink Elementary School Rated A
- Home Theater
- In Ground Pool
About This Home
As of January 2024On arguably the best lot on the iconic Navesink River sits one of NJ's finest homes. Just past the forged entry gates lies a dreamland of exquisitely manicured grounds & perfectly crafted vistas. Timeless elegance radiates from room of this estate starting with the formal motor court, front fountain, and porte co·chère. 20,000sf over 3.5 acres with every feature you could possibly dream of.Begin your day with a sunrise over the River & end it with a sunset from your private dock. Designed to entertain regardless of the season. Outdoor features include an exquisitely private pool deck w/ his & hers cabanas. Inside enjoy private screenings in your theater, a workout in the gym followed by a soak in the spa. Larger gatherings of any size flow into the billiards & poker Rooms, upstairs and d ownstairs bars, & custom wine cellar. Ideally located for the NYC jet-setter via hi-speed ferry or helicopter and 4 miles to the beach. Minutes from world class restaurants & blue-ribbon schools. Inquire for a private tour.
Last Agent to Sell the Property
Keller Williams Realty Central Monmouth License #0901340 Listed on: 05/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $146,746
Year Built
- Built in 2000
Lot Details
- 3.46 Acre Lot
- River Front
- Fenced
- Sprinkler System
Parking
- 4 Car Attached Garage
Home Design
- Custom Home
- Colonial Architecture
- Slate Roof
Interior Spaces
- 22,540 Sq Ft Home
- 2-Story Property
- Elevator
- Crown Molding
- Beamed Ceilings
- Ceiling height of 9 feet on the main level
- 5 Fireplaces
- Gas Fireplace
- French Doors
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Indoor Spa
- Home Gym
- Water Views
- Home Security System
- Laundry Room
Kitchen
- Breakfast Room
- Butlers Pantry
- Kitchen Island
- Granite Countertops
Flooring
- Wall to Wall Carpet
- Marble
- Porcelain Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Maid or Guest Quarters
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom Bathtub Only
- Primary Bathroom includes a Walk-In Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- In Ground Pool
- Riparian rights to water flowing past the property
- Boat Lift
- Dock has access to electricity and water
- Balcony
- Exterior Lighting
- Outdoor Grill
Schools
- Middle South High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Billiard Room
- Controlled Access
Listing and Financial Details
- Assessor Parcel Number 32-00885-0000-00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Jan 30, 2024
Sold by
Palmeri Dennis T and Palmeri Michele V
Bought by
Sailors Paradise Llc
Seller's Agent
David Ten Hoeve
Keller Williams Realty Central Monmouth
Buyer's Agent
Erica Fuqua
Keller Williams Realty Central Monmouth
List Price
$11,299,910
Sold Price
$10,250,000
Premium/Discount to List
-$1,049,910
-9.29%
Total Days on Market
69
Views
585
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
-$1,965,461
Avg. Annual Appreciation
-14.79%
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 |
|---|---|---|---|
| Sailors Paradise Llc | $10,250,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Palmeri Dennis T | $1,000,000 | |
| Previous Owner | Palmeri Dennis T | $1,000,000 | |
| Previous Owner | Palmeri Dennis T | $1,100,000 | |
| Previous Owner | Kowall Joseph E | $352,500 | |
| Previous Owner | Palmeri Michele | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2024 01/30/24 | Sold | $10,250,000 | -9.3% | $455 / Sq Ft |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- |
| 05/26/2023 05/26/23 | For Sale | $11,299,910 | -- | $501 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 |
|---|---|---|---|---|
| 2024 | $140,036 | $8,392,200 | $2,285,000 | $6,107,200 |
| 2023 | $140,036 | $8,057,300 | $2,198,600 | $5,858,700 |
| 2022 | $150,195 | $7,793,200 | $2,185,000 | $5,608,200 |
| 2021 | $150,195 | $7,226,700 | $2,060,000 | $5,166,700 |
| 2020 | $159,816 | $7,475,000 | $2,320,000 | $5,155,000 |
| 2019 | $157,872 | $7,475,000 | $2,320,000 | $5,155,000 |
| 2018 | $151,545 | $6,993,300 | $2,330,000 | $4,663,300 |
| 2017 | $144,432 | $6,800,000 | $2,330,000 | $4,470,000 |
| 2016 | $163,181 | $6,800,000 | $2,330,000 | $4,470,000 |
| 2015 | $155,394 | $7,275,000 | $2,330,000 | $4,945,000 |
| 2014 | $139,549 | $6,375,000 | $2,330,000 | $4,045,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Ten Hoeve
-
Erica Fuqua
E
Buyer's Agent in 2024
Erica Fuqua
Keller Williams Realty Central Monmouth
(716) 913-3170
1 in this area
24 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22306979
APN: 32-00885-0000-00004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 31 Gillespie Ave
- 562 Navesink River Rd
- 820 Navesink River Rd
- 132 Fair Haven Rd
- 100 Grange Ave
- 89 Grange Ave
- 55 Forman St
- 258 3rd St
- 90 Maple Ave
- 62 Buena Vista Ave
- 130 Oak Place
- 4 Circle Dr
- 24 Forman St
- 117 Maple Ave
- 40 Circle Dr
- 25 Jackson St
- 131 Maple Ave
- 1 Clifford Graves Ct
- 51 William St
- 355 River Rd
- 15 Sailors Way
- 8 Sailors Way
- 734 Navesink River Rd
- 17 Sailors Way
- 710 Navesink River Rd
- 21 Sailors Way
- 740 Navesink River Rd
- 713 Navesink River Rd
- 700 Navesink River Rd
- 756 Navesink River Rd
- 719 Navesink River Rd
- 758 Navesink River Rd
- 762 Navesink River Rd
- 171 McClees Rd
- 165 McClees Rd
- 776 Navesink River Rd
- 170 McClees Rd
- 589 Navesink River Rd
- 181 McClees Rd
- 46 Northover Place