NOT LISTED FOR SALE

1606 Marconi Rd Wall, NJ 07719

Estimated Value: $568,000

1.85 Acres
$307,027 Price per Acre
80,586 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $550,000

Est. 3% increase in value since last sale

Current estimated payment $3,909/month

22 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • 1.85 Acre Lot
  • Riparian Grant
  • River View
  • Property near a hospital

About This Lot

As of November 2023

1 of 2 fully approved buildable lots with RIPARIAN GRANTS! Your dream home awaits! Custom build and get ready to enjoy the spectacular views and marvelous sunrise. Lots face northeast and have expansive and scenic views of the Shark River. Located close to all major transit, schools, shopping, restaurants and Towns. These lots are also just a couple miles to the famous NJ beaches! There is nothing else that compares or is available that offers all that these almost 1acre lots provide! It such a competitive market doesn't it make sense to get exactly what you want with a blank canvass and the flexibility that building your dream home offers? All the approvals, are in place and the sub-division is complete. the decision is easy so bring your imagination and get started!

Last Agent to Sell the Property

Chris Smith

Chris Smith Realty License #8441824 Listed on: 08/02/2023

Last Buyer's Agent

Lisa Finan

Chris Smith Realty License #2189064

Property Details

Property Type

  • Land

Lot Details

  • 1.85 Acre Lot
  • Property Fronts a Bay or Harbor
  • Irregular Lot

Outdoor Features

  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Electricity Available at Street

Schools

  • Central Elementary School
  • Wall Intermediate
  • Wall High School

Additional Features

  • River Views
  • Property near a hospital
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 52-00087-0000-00012-02

Property Details

Property Type

Land

Lot Details

1.85 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bayfront, Irregular Lot, Riverview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 1.85
  • Location Middle School: Wall Intermediate
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Riverview: Yes
  • Water Type Bayfront: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Riverview3: Yes
  • Location Near Hospital: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.85
  • Waterfront Features: Bayfront, Riparian Grants, Riparian Rights, Riverview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Wall Intermediate

Lot Info

  • Lot Size Sq Ft: 80586.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 52-00087-0000-00012-02
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Central
  • High School: Wall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Dec 6, 2023
Sold by
Jost Barry
Bought by
Rdg Contractors Llc
Seller's Agent
Chris Smith
Chris Smith Realty
Buyer's Agent
Lisa Finan
Chris Smith Realty
List Price
$979,000
Sold Price
$550,000
Premium/Discount to List
-$429,000
-43.82%
Views
15
Current Estimated Value
$568,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,000
Avg. Annual Appreciation
1.40%
Original Mortgage
$1,000,000
Outstanding Balance
$984,303
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$416,303
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rdg Contractors Llc $550,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rdg Contractors Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $550,000 -43.8% --
08/24/2023 08/24/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $979,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,047 $521,600 $521,600 --
2024 $10,787 $521,600 $521,600 --
2023 -- $521,600 $521,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Smith

    Seller's Agent in 2023

    Chris Smith

    Chris Smith Realty

    (732) 682-5300

    16 in this area

    44 Total Sales

    Chris Smith
    Section Image
  • Lisa Finan

    Buyer's Agent in 2023

    Lisa Finan

    Chris Smith Realty

    (732) 814-6688

    3 in this area

    13 Total Sales

    Lisa Finan
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321181

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 52-00087-0000-00012-02

New Jersey Monmouth County Wall 07719

1606 Marconi Rd, Wall, NJ

Not Listed for Sale

Lots

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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