NOT LISTED FOR SALE

Estimated Value: $2,837,000 - $4,763,000

6 Beds
5.5 Baths
4,100 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $4,395,000 $1,072 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $25,130/month

68 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Parking available for a boat
  • New Construction
  • Ocean View
  • Access to Tidal Water
  • In Ground Pool

About This Home

As of May 2023

Magnificent Loveladies waterfront. Designed by and being built by Michael Pagnotta. This extraordinary 4,000 plus square foot home is situated on the intersection of Barnegat Bay and the Marina Boulevard Lagoon allowing for commanding bay views and spectacular views of the Barnegat Light House. This 6 bedroom 5 full and 1 half bath non reverse living home is designed to impress you upon entry with 10 foot ceilings and stunning water views from all directions. The traditional and wide open design also puts you in quick striking distance of a beautiful outdoor living space that flows from your deck to your pool, outdoor kitchen, generous seating areas and of course your vessel. Enjoy your own private boat launch area and safe harbor for your water sport equipment tucked into the lagoon side of the bay front / lagoon front intersection will provide for an active outdoor lifestyle, or choose to relax on any choice of multiple waterfront decks on any of 3 levels and soak in the views and salty breeze.

Last Agent to Sell the Property

Edward Freeman Sr

RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 05/06/2021

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Craig Stefanoni

BHHS Zack Shore REALTORS License #8437113

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,864

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 110.00 x 90.00
  • Home fronts a lagoon or estuary
  • 110 Feet of Waterfront
  • Home fronts navigable water
  • Cul-De-Sac
  • Property is in excellent condition
  • Property is zoned R10

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • Ocean
  • Bay

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Piling Construction

Interior Spaces

  • 4,100 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Gas Dryer

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Access to Tidal Water
  • Water Access
  • Property near a lagoon
  • Bulkhead
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Loveladies Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00008
  • Assessor Parcel Number 18-00020 79-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,864

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Magnificent Loveladies waterfront. Designed by and being built by Michael Pagnotta. This extraordinary 4,000 plus square foot home is situated on the intersection of Barnegat Bay and the Marina Boulevard Lagoon allowing for commanding bay views and spectacular views of the Barnegat Light House. This 6 bedroom 5 full and 1 half bath non reverse living home is designed to impress you upon entry with 10 foot ceilings and stunning water views from all directions. The traditional and wide open design also puts you in quick striking distance of a beautiful outdoor living space that flows from your deck to your pool, outdoor kitchen, generous seating areas and of course your vessel. Enjoy your own private boat launch area and safe harbor for your water sport equipment tucked into the lagoon side of the bay front / lagoon front intersection will provide for an active outdoor lifestyle, or choose to relax on any choice of multiple waterfront decks on any of 3 levels and soak in the views and salty breeze.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Gas, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Wood Floors, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Soaking Tub
  • Fireplace Features: Gas/Propane
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 4100
  • Living Area Sq Ft: 4100
  • Price Per Sq Ft: 1071.95
  • Above Grade Finished Sq Ft: 4100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 166

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Construction Completed: No
  • Exterior Features: Boat Storage, Outside Shower
  • Pool Features: In Ground, Saltwater
  • Roof: Fiberglass, Shingle
  • View: Bay, Ocean
  • Water Access: Yes
  • Water Body Type: Lagoon
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: Yes
  • Water View: Yes
  • Water Frontage In Feet: 110

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Parking, Paved Driveway
  • Garage Features: Covered Parking, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas, Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Private

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: 176300.00
  • Land Assessed Value: 1017300.00
  • Lot Features: Bulkheaded, Cul-De-Sac
  • Lot Size Acres: 0.23
  • Lot Dimensions: 110.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9900.00
  • Outdoor Living Structures: Porch(es), Deck(s), Roof
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026916
  • Tax Annual Amount: 11864.00
  • Assessor Parcel Number: 18-00020 79-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 1721
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/26/2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
May 10, 2023
Sold by
Renewal Partners Llc
Bought by
Squid Squad 166 Llc
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
List Price
$4,395,000
Sold Price
$4,395,000
Views
1
Current Estimated Value
$4,200,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$194,384
Avg. Annual Appreciation
-1.96%

Purchase Details

Closed on
May 4, 2021
Sold by
Renewal Partners Llc
Bought by
Renewal Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,930,792
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2021
Sold by
Shay Christopher R and Shay Robert L
Bought by
Renewal Partners Llc

Purchase Details

Closed on
Dec 16, 2013
Sold by
Shay Robert L and Shay Margaret Ann
Bought by
Shay Family Trust and Shay Robert L

Purchase Details

Closed on
Jun 29, 2011
Sold by
Shay Margaret Ann and Shay Robert L
Bought by
Shay Robert L and Shay Margaret Ann

Purchase Details

Closed on
Aug 1, 2005
Sold by
Shay Margaret Ann
Bought by
Shay Robert L and Shay Margaret Ann
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
Squid Squad 166 Llc $4,395,000 Old Republic Title
Renewal Partners Llc -- None Available
Renewal Partners Llc $1,600,100 University Title Ins Agcy
Renewal Partners Llc $1,600,100 University Title
Shay Family Trust -- None Available
Shay Robert L -- None Available
Shay Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renewal Partners Llc $1,930,792
Previous Owner Renewal Partners Llc $1,930,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $4,395,000 0.0% $1,072 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $4,395,000 -- $1,072 / 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 $29,026 $3,250,400 $1,125,000 $2,125,400
2024 $28,831 $3,250,400 $1,125,000 $2,125,400
2023 $9,414 $1,131,500 $1,125,000 $6,500
2022 $9,414 $1,131,500 $1,125,000 $6,500
2021 $11,128 $1,380,700 $1,125,000 $255,700
2020 $11,864 $1,193,600 $1,017,300 $176,300
2019 $11,972 $1,193,600 $1,017,300 $176,300
2018 $11,614 $1,193,600 $1,017,300 $176,300
2017 $11,673 $1,193,600 $1,017,300 $176,300
2016 $11,769 $1,193,600 $1,017,300 $176,300
2015 $11,757 $1,193,600 $1,017,300 $176,300
2014 $11,471 $1,193,600 $1,017,300 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC409190

Bright MLS

APN: 18-00020-79-00008