NOT LISTED FOR SALE

Estimated Value: $4,627,000 - $7,713,000

6 Beds
6 Baths
3,284 Sq Ft
$1,937/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $4,995,000 $1,521 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $37,081/month

Highlights

  • 125 Feet of Waterfront
  • Primary bedroom faces the ocean
  • Sandy Beach
  • Ocean View
  • Access to Tidal Water
  • 0.9 Acre Lot

About This Home

As of March 2021

Rising above the Dune in the Estates Section of Loveladies, the most exclusive enclave on all of Long Beach Island; is one of the most stunning & special sites to come to market. With 125' of Ocean frontage, superior elevation & sight lines this property offers an amazing & rare opportunity. The current home flows seemlessly from level to level with its soaring ceilings & walls of glass that bathe the home in light, warmth & endless water views. Its 6 bedrooms, 6 baths, multiple living areas & expansive decks can comfortably house family & guests. All can be effortlessly united or find their own nook for peaceful daydreaming. Nestled on nearly 40,000sq' of Oceanfront property this timeless design has been enjoyed by multiple generations of the same family for decades & now its your turn. Whether you decide to keep the property as it is, update, renovate or build your dream home; its value is lasting & undeniable. Call for an appointment today!

Last Agent to Sell the Property

Sean Adams

(609) 709-4482 seanadams@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #9481468 Listed on: 01/17/2020

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Bonnie Wells

(201) 280-2300 bonnie@CoastalLiving.pro Coastal Living Real Estate Group License #9231521

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,304

Year Built

  • Built in 1981

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 125.00 x 314.00
  • 125 Feet of Waterfront
  • Ocean Front
  • Home fronts navigable water
  • Sandy Beach
  • South Facing Home
  • Planted Vegetation
  • Premium Lot
  • Level Lot
  • Open Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned R10

Property Views

  • Ocean
  • Bay
  • Panoramic
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 3,284 Sq Ft Home
  • Property has 2.5 Levels
  • Open Floorplan
  • Furnished
  • Dual Staircase
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Transom Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom faces the ocean
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Washer
  • Gas Dryer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Access to Tidal Water
  • Private Water Access
  • Property is near an ocean
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • No Home Owners Association
  • Loveladies Subdivision

Listing and Financial Details

  • Tax Lot 00001 03
  • Assessor Parcel Number 18-00020 15-00001 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,304

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: Rising above the Dune in the Estates Section of Loveladies, the most exclusive enclave on all of Long Beach Island; is one of the most stunning & special sites to come to market. With 125' of Ocean frontage, superior elevation & sight lines this property offers an amazing & rare opportunity. The current home flows seemlessly from level to level with its soaring ceilings & walls of glass that bathe the home in light, warmth & endless water views. Its 6 bedrooms, 6 baths, multiple living areas & expansive decks can comfortably house family & guests. All can be effortlessly united or find their own nook for peaceful daydreaming. Nestled on nearly 40,000sq' of Oceanfront property this timeless design has been enjoyed by multiple generations of the same family for decades & now its your turn. Whether you decide to keep the property as it is, update, renovate or build your dream home; its value is lasting & undeniable. Call for an appointment today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Gas, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Additional Stairway, Built-Ins, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Primary Bedroom - Ocean Front, Pantry, Recessed Lighting, Skylight(s), Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Casement, Double Pane, Energy Efficient, Insulated, Screens, Skylights, Transom
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, High
  • Foundation Details: Pilings
  • Levels Count: 2.5
  • Room Count: 17
  • Basement: No
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 3284
  • Price Per Sq Ft: 1521.01
  • Above Grade Finished Sq Ft: 3284
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 2
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Upper Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Bbq Grill, Exterior Lighting, Outside Shower, Secure Storage
  • Roof: Fiberglass
  • View: Bay, Ocean, Panoramic, Scenic Vista, Water
  • Water Access Features: Private Access
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 125

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Multi Units, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Septic
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available, Under Ground
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 507300.00
  • Land Assessed Value: 3012500.00
  • Lot Features: Level, Open, Premium, Rear Yard, Vegetation Planting
  • Lot Size Acres: 0.90
  • Lot Dimensions: 125.00 x 314.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39250.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Good, Major Rehab Needed
  • Year Assessed: 2019
  • Zoning: R10

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026587
  • Tax Annual Amount: 35304.00
  • Assessor Parcel Number: 18-00020 15-00001 03
  • Tax Lot: 00001 03
  • Tax Total Finished Sq Ft: 3284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 03/18/2021

Multi Family

  • Waterfront Features: Sandy Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Mar 17, 2021
Sold by
Millerlbi Llc
Bought by
Wright Jason
Seller's Agent
Sean Adams
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Bonnie Wells
Coastal Living Real Estate Group
List Price
$4,995,000
Sold Price
$4,995,000
Current Estimated Value
$6,360,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,365,365
Avg. Annual Appreciation
5.43%
Original Mortgage
$4,495,500
Outstanding Balance
$4,031,943
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$2,328,422

Purchase Details

Closed on
Jul 1, 2010
Sold by
Miller Charles D and Miller Jennifer
Bought by
Millerlbi Llc

Purchase Details

Closed on
May 13, 2010
Sold by
Miller Diane S T
Bought by
Miller Charles D and Miller Jennifer
Source: Public Records

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
Wright Jason $4,995,000 City Abstract
Wright Jason $4,995,000 Land Title
Millerlbi Llc -- None Available
Miller Charles D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Jason $4,495,500
Closed Wright Jason $4,495,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $4,995,000 0.0% $1,521 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/17/2020 01/17/20 For Sale $4,995,000 -- $1,521 / Sq Ft
Source: Bright MLS

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
2025 $40,315 $4,514,600 $3,300,000 $1,214,600
2024 $40,045 $4,514,600 $3,300,000 $1,214,600
2023 $37,561 $4,514,600 $3,300,000 $1,214,600
2022 $37,561 $4,514,600 $3,300,000 $1,214,600
2021 $36,388 $4,514,600 $3,300,000 $1,214,600
2020 $34,987 $3,519,800 $3,012,500 $507,300
2019 $35,304 $3,519,800 $3,012,500 $507,300
2018 $34,248 $3,519,800 $3,012,500 $507,300
2017 $34,424 $3,519,800 $3,012,500 $507,300
2016 $34,705 $3,519,800 $3,012,500 $507,300
2015 $34,670 $3,519,800 $3,012,500 $507,300
2014 $33,825 $3,519,800 $3,012,500 $507,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC394430

Bright MLS

APN: 18-00020-15-00001-03