NOT LISTED FOR SALE

16 Cove Rd W Bayville, NJ 08721

Estimated Value: $525,000 - $860,202

3 Beds
2 Baths
1,400 Sq Ft
$501/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $505,000 $361 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,786/month

164 Days on Market

Highlights

  • Docks
  • Deck
  • Granite Countertops
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • No HOA

About This Home

As of January 2021

SPECTACULAR RIVERFRONT LOCATION with PANORAMIC views of the Toms River & Barnegat Bay. Enjoy breathtaking Sunrises, Sailboat races and all that nature provides from one of the Best locations on the Waterfront. The Home sits on a large lot with over 130' of vinyl bulkhead & includes a Riparian Grant stretching over 150' into the river. This lovely home has all of the charm of a waterside oasis. Water vistas from four sliding doors leading to a gorgeous outside deck & Pergola, gleaming hardwood floors throughout, and an updated kitchen. In addition, the Roof, Heating & A/C systems and HWH have all been replaced within the last 10 yrs. Move right in and enjoy as a permanent residence or summer home, with plenty of room for expansion. Come see this one of a kind gem before it's gone!!

Last Agent to Sell the Property

Mike DellaRocca

Crossroads Realty Ocean Cty Regional Office License #0458869 Listed on: 10/28/2020

Crossroads Realty Ocean Cty Regional Office

Last Buyer's Agent

Josephine Kempf

Crossroads Realty Inc-Toms River W.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,170

Year Built

  • Built in 1968

Lot Details

  • 0.33 Acre Lot
  • Property Fronts a Bay or Harbor
  • River Front
  • Fenced

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Bay
  • River

Home Design

  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room
  • Sunken Living Room
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Outdoor Shower
  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Bulkhead
  • Docks
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • Central Reg Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-01023-0000-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,170

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bulkhead, Fenced Area, Riparian Rts, Riverfront
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Security System, Stove, Refrigerator, Screens, Garbage Disposal, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Built-Ins, Security System, Skylight, Sliding Door, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1968
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.33
  • Location Middle School: Central Reg Middle
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Exterior Storm Window: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Dining Room Sliding Door3: Yes
  • Exterior Security System3: Yes
  • SidingCedarShake: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Riverview: Yes
  • Dining Room Built-Ins3: Yes
  • Exterior Outbuilding: Yes
  • GreatFamily Room Sunken3: Yes
  • GreatFamily Room Skylight3: Yes
  • Water Type Bayfront: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Stories: 1
  • 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
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.33
  • Topography: Level
  • Waterfront Features: Bayfront, Bayview, Bulkhead, Riparian Grants, Riparian Rights, Riverfront, Riverview
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Deck, Dock, Fence, Outbuilding, Outdoor Shower, Patio, Security System, Shed, Storage, Storm Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking:Gravel2: 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

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 06-01023-0000-00024
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 15, 2021
Sold by
Morrow John T and Morrow Marilyn D
Bought by
Oleary Sean
Seller's Agent
Mike DellaRocca
Crossroads Realty Ocean Cty Regional Office
Buyer's Agent
Josephine Kempf
Crossroads Realty Inc-Toms River W.
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%
Current Estimated Value
$701,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,801
Avg. Annual Appreciation
7.38%
Original Mortgage
$479,750
Outstanding Balance
$428,339
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$273,462
Source: Public Records

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
Oleary Sean $505,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary Sean $150,000
Open Oleary Sean $479,750
Previous Owner Morrow John T $50,000
Previous Owner Morrow John T $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $505,000 -2.7% $361 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $519,000 -3.7% $371 / Sq Ft
10/28/2020 10/28/20 For Sale $539,000 +6.7% $385 / Sq Ft
08/14/2020 08/14/20 Off Market $505,000 -- --
08/05/2020 08/05/20 For Sale $539,000 0.0% $385 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $539,000 -- $385 / 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
2025 $11,631 $482,400 $388,100 $94,300
2024 $11,192 $482,400 $388,100 $94,300
2023 $10,984 $482,400 $388,100 $94,300
2022 $10,984 $482,400 $388,100 $94,300
2021 $9,730 $469,300 $375,000 $94,300
2020 $10,461 $469,300 $375,000 $94,300
2019 $10,170 $469,300 $375,000 $94,300
2018 $10,137 $469,300 $375,000 $94,300
2017 $9,761 $469,300 $375,000 $94,300
2016 $9,710 $469,300 $375,000 $94,300
2015 $9,442 $469,300 $375,000 $94,300
2014 $9,175 $469,300 $375,000 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22017445

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01023-0000-00024