NOT LISTED FOR SALE

1509 Salem Rd Point Pleasant Boro, NJ 08742

Estimated Value: $921,000 - $1,524,000

5 Beds
2.5 Baths
2,861 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $1,111,000 $388 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,618/month

6 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Home fronts a lagoon or estuary
  • Docks
  • In Ground Pool
  • Property near a lagoon

About This Home

As of September 2023

WATERFRONT, LAGOON, AND BOAT READY PROPERTY! Tucked on a quiet cul-de-sac, recognized as prime real estate in LAGUNA VILLAGE, POINT PLEASANT BORO. One of the most desirable waterfront neighborhoods, with optional membership to Bay Head Shores. Enjoy stunning sunsets w/approx. 129 ft wide backyard access to the open waters and Pt. Pleasant Canal. This one owner home is a canvas ready to be updated or redesigned to meet your dreams. 5 BR, 2.5 bath, 10 ft deep Sylvan Gunite pool. Spectacular water views with -50ft dock, plenty of room for all things water. Approx.1.5 miles from beaches and shopping; bike or stroll. Sold As-Is, buyer to do all due diligence. Buyer is responsible for all repairs, inspections, CO, smoke cert. etc. External view only. Must contact agent to walk property.

Last Agent to Sell the Property

Helen Drosos-Capone

Curran Group Real Estate Services License #1758460 Listed on: 07/07/2023

Last Buyer's Agent

Abby Boles

Turpin Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,809

Year Built

  • Built in 1978

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95 x 112
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Fenced
  • Irregular Lot

Parking

  • 2 Car Direct Access Garage
  • Double-Wide Driveway
  • Parking available for a boat

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Property near a lagoon
  • Riparian rights to water flowing past the property
  • Bulkhead
  • Docks
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laguna Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-00386-0000-00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,809

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Irregular Lot, Lagoon, Riparian Rts
  • ResoPoolFeatures: Gunite, In Ground, Pool Equipment
  • Inclusions: Central Vacuum
  • Subdivision Name: Laguna Village
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Dec Molding
  • 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
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.24
  • General Property Info Lot Dimensions: 95 x 112
  • General Property Info Farm: No
  • Location Middle School: Memorial
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Parking Double Wide Drive: Yes
  • SidingAluminum: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Kitchen Floor - Ceramic4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Pool Pool Equipment: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Lot Description Cul-De-Sac: Yes
  • Style Shore Colonial: Yes
  • Exterior Dock: Yes
  • PoolGunite: Yes
  • Allowable Boats: Yes
  • Lot Description Riparian Rts: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Crawl Space: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Central Vacuum: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Construction Type: Aluminum Siding
  • Exterior Features: Dock, Fence, Patio, Swimming, Porch - Covered
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 95 x 112
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 25-00386-0000-00064
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 18809.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 14, 2023
Sold by
Muni Melissa
Bought by
Herlihy John and Herlihy Theresa
Seller's Agent
Helen Drosos-Capone
Curran Group Real Estate Services
Buyer's Agent
Abby Boles
Turpin Real Estate Inc.
List Price
$1,099,999
Sold Price
$1,111,000
Premium/Discount to List
$11,001
1%
Total Days on Market
6
Views
97
Current Estimated Value
$1,322,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,384
Avg. Annual Appreciation
10.47%

Purchase Details

Closed on
Jun 5, 2018
Sold by
Ocean County Tax Collector
Bought by
Fig Nj18 Llc

Purchase Details

Closed on
May 23, 1978
Bought by
Muni Scott and Muni Jean
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 Buyer Sale Price Title Company
Herlihy John $1,110,000 Fidelity National Title
Fig Nj18 Llc $5,525 None Available
Muni Scott $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muni Scott $162,500
Previous Owner Muni Jean R $437,500
Previous Owner Muni Jean $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $1,111,000 +1.0% $388 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $1,099,999 -- $384 / 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 $19,204 $846,100 $522,600 $323,500
2023 $18,809 $878,500 $522,600 $355,900
2022 $18,809 $878,500 $522,600 $355,900
2021 $18,519 $878,500 $522,600 $355,900
2020 $18,326 $878,500 $522,600 $355,900
2019 $18,080 $878,500 $522,600 $355,900
2018 $17,544 $878,500 $522,600 $355,900
2017 $17,157 $878,500 $522,600 $355,900
2016 $17,025 $878,500 $522,600 $355,900
2015 $16,823 $878,500 $522,600 $355,900
2014 $16,437 $878,500 $522,600 $355,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318538

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00386-0000-00064