$1,450,000
SOLD SEP 25, 2024

1508 Salem Rd Point Pleasant Boro, NJ 08742

4 Beds
3 Baths
2,070 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$700 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • Docks
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • In Ground Pool
  • Bay View
  • Colonial Architecture

About This Home

As of September 2024

Welcome to Laguna Village! Your own slice of paradise with nothing to do but move in & enjoy this beautifully updated and well-cared for waterfront home on a wide lagoon. Offering 4 bedrooms and 3 full baths with room for everyone. The gorgeous kitchen overlooks the family room with a gas fireplace. There are gleaming hardwood floors throughout most of the home. Sliders take you to your custom backyard oasis which offers plenty of room for outside entertaining. An awning with paver tiles surrounds the eating area which leads you to your inground salt-water pool & a separate sitting area. There is even a putting green!! A 47-foot vinyl bulkhead has plenty of room for boats & water toys. Less than two miles from the gorgeous Jersey Shore Beaches. Close to shopping & restaurants. A Must See!

Last Agent to Sell the Property

Gennarino Gencarelli

RE/MAX Bay Point Realtors License #0903085 Listed on: 06/07/2024

RE/MAX Bay Point Realtors

Last Buyer's Agent

Chelsea Molyneaux

Shire Realty Inc License #1754506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,209

Year Built

  • Built in 1978

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 71 x 110
  • Home fronts a lagoon or estuary
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Double-Wide Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Gas Fireplace
  • Awning
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck
  • Patio

Schools

  • Nellie F. Bennett Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

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

Community Details

  • No Home Owners Association
  • Laguna Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-00386-0000-00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,209

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • ResoPoolFeatures: In Ground, Salt Water
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Awnings
  • Subdivision Name: Laguna Village
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic, Bay/Bow Window, Dec Molding, Sliding Door
  • Year Built: 1978
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.18
  • General Property Info Lot Dimensions: 71 x 110
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Exterior Sprinkler Under: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • SidingBrick: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Exterior Dock: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Living Room BayBow Window2: Yes
  • PoolSaltWater: Yes
  • Included Awnings: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Construction Type: Brick
  • Exterior Features: Deck, Dock, Fence, Patio, Sprinkler Under, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Double Wide Drive, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 71 x 110
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 25-00386-0000-00057
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14209.0

MLS Schools

  • Elementary School: Nellie F. Bennett
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Sep 11, 2024
Sold by
Nolan-Campanelli Gwen W and Campanelli Carmen W
Bought by
Molyneaux George and Molyneaux Kathleen
Seller's Agent
Gennarino Gencarelli
RE/MAX Bay Point Realtors
Buyer's Agent
Chelsea Molyneaux
Shire Realty Inc
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
10
Current Estimated Value
$1,470,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,757
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Jan 4, 2017
Closed on
Mar 30, 2017
Sold by
Vanwinklke Lisa J
Bought by
Campanelli Carmen and Campanelli Gwen W
Seller's Agent
James Hannam
RE/MAX Bay Point Realtors
Buyer's Agent
Deborah Brkal
Ocean Pointe
Sold Price
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$270,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2000
Sold by
Burd Harold
Bought by
Vanwinkle Robert and Van Winkle Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.89%

Purchase Details

Closed on
Feb 11, 2000
Sold by
Fencik George
Bought by
Burd Harold and Burd Patricia
Source: Public Records

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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
Bargain Sale Deed $1,450,000 Trident Abstract Title
Deed $665,000 --
Deed $415,000 --
Deed $415,000 --
Deed $360,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $252,700 No Value Available
Previous Owner $240,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $1,450,000 -3.3% $700 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,500,000 +125.6% $725 / Sq Ft
03/30/2017 03/30/17 Sold $665,000 -- --
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 $14,209 $650,000 $440,000 $210,000
2023 $13,917 $650,000 $440,000 $210,000
2022 $13,917 $650,000 $440,000 $210,000
2021 $13,702 $650,000 $440,000 $210,000
2020 $13,559 $650,000 $440,000 $210,000
2019 $13,377 $650,000 $440,000 $210,000
2018 $12,981 $650,000 $440,000 $210,000
2017 $12,695 $650,000 $440,000 $210,000
2016 $12,597 $650,000 $440,000 $210,000
2015 $12,448 $650,000 $440,000 $210,000
2014 $12,162 $650,000 $440,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22415914

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00386-0000-00057