NOT LISTED FOR SALE

157 W Bay Way Lavallette, NJ 08735

Estimated Value: $883,000 - $985,000

3 Beds
2 Baths
-- Sq Ft
1,307 Sq Ft Lot

Last Sold August 21, 2020

Last sale price $580,000

Est. 63% increase in value since last sale

Current estimated payment $6,079/month

12 Days on Market

Highlights

  • Deck
  • Shore Colonial Architecture
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Ceiling height of 9 feet on the main level

About This Home

As of August 2020

New construction in Chadwick Beach, a lovely family community located mid-way on the northern barrier island of the Jersey Shore. It features an open kitchen/living/dining area on the first level with sliders to a deck on the east side.
Custom cabinets with granite and many quality upgrades throughout. Three bedrooms and 2 full baths complete the picture.

Last Listed By

Patricia Hallock

Chadwick Sales & Rentals LLC License #0784985 Listed on: 07/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,686

Year Built

  • 1952

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 50 x 30

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Deck

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
  • Chadwick Bch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-00920-02-00020-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,686

Year Built

1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Stove
  • Subdivision Name: Chadwick Bch
  • Architectural Style: Shore Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.03
  • General Property Info Lot Dimensions: 50 x 30
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Basement Piling: Yes
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Deck
  • Foundation Details: Piling
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 30
  • Lot Size Sq Ft: 1306.8
  • Parcel #: 08-00920-02-00020-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4686.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 13, 2020
Sold by
Barrese Richard
Bought by
Stanton Michael A and Gallo Kimber L
Seller's Agent
Patricia Hallock
Chadwick Sales & Rentals LLC
Buyer's Agent
Barbara Montone
Crossroads Realty Inc-Lavallette
List Price
$569,000
Sold Price
$580,000
Premium/Discount to List
$11,000
1.93%
Total Days on Market
12
Current Estimated Value
$948,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,075
Avg. Annual Appreciation
8.08%
Original Mortgage
$464,000
Outstanding Balance
$419,842
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$417,776

Purchase Details

Closed on
Feb 5, 2019
Sold by
Shave John E
Bought by
Barrese Richard

Purchase Details

Closed on
Apr 1, 2002
Sold by
Morrissey James
Bought by
Shave John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1993
Sold by
Rigg Bruce
Bought by
Morrissey James and Morrissey Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

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
Stanton Michael A $580,000 Fidelity National Ttl Ins Co
Barrese Richard $150,000 None Available
Shave John $287,000 --
Morrissey James $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Michael A $464,000
Previous Owner Shave John E $374,300
Previous Owner Shave John E $110,000
Previous Owner Shave John $229,600
Previous Owner Morrissey James $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $580,000 +1.9% --
07/16/2020 07/16/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $569,000 -- --
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 $9,879 $570,700 $239,000 $331,700
2023 $9,525 $570,700 $239,000 $331,700
2022 $9,525 $570,700 $239,000 $331,700
2021 $8,605 $343,500 $196,400 $147,100
2020 $4,898 $196,400 $196,400 $0
2019 $4,686 $196,400 $196,400 $0
2018 $4,623 $196,400 $196,400 $0
2017 $4,584 $196,400 $196,400 $0
2016 $4,464 $196,400 $196,400 $0
2015 $4,899 $224,000 $224,000 $0
2014 $4,807 $230,900 $224,000 $6,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Patricia Hallock

    Chadwick Sales & Rentals LLC

    (973) 632-6340

    64 Total Sales

    Patricia Hallock
    Section Image

  • B

    Buyer's Agent in 2020

    Barbara Montone

    Crossroads Realty Inc-Lavallette

    (201) 404-6101

    60 Total Sales

    Barbara Montone
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022149

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00920-02-00020-01

New Jersey Ocean County Lavallette 08735

157 W Bay Way, Lavallette, NJ

Homes for Sale in Lavallette, NJ

This home is located at 157 W Bay Way, Lavallette, NJ 08735 since 04 July 2020 and is currently estimated at $948,075. This property was built in 1952. 157 W Bay Way is a home located in Ocean County.

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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.

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