NOT LISTED FOR SALE

Estimated Value: $1,062,919 - $1,291,000

3 Beds
1.5 Baths
1,792 Sq Ft
$657/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $875,000 $488 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,039/month

125 Days on Market

Highlights

  • Bayside
  • 1 Fireplace
  • No HOA
  • Cape Cod Architecture
  • Furnished
  • Porch

About This Home

As of April 2022

One of the more affordable values on all of Long Beach Island! Here we have a very well-kept single family home featuring 3 bedrooms/1.5 bathrooms, large living space, updated kitchen, a screened in porch to enjoy those breezes, all situated on a nice sized 50x80 lot. This home is an established rental property. Use for your own enjoyment, or rent out for approx. $3500-$4000 per week for a great return on investment. Conveniently located to all that Ship Bottom has to offer, including the beautiful bay beach which is just a few minutes away. Plenty of room for the whole family to enjoy as this house is close to 1800 square foot and is deceivingly large! Not much to do here but move in and enjoy! Comes furnished as an added convenience. Very usable house, but new construction in this location would yield excellent water views. Don't wait on this one...at this price it will not last long!

Last Listed By

Raymond Procaccini Jr.

Oceanside Realty License #0454539 Listed on: 10/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,585

Year Built

  • Built in 1947

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 80.00
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Porch

Location

  • Flood Risk
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00002
  • Assessor Parcel Number 29-00060-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,585

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-10-15
  • Federal Flood Zone: Yes
  • Year Built: 1947
  • Automatically Close On Close Date: No
  • Remarks Public: One of the more affordable values on all of Long Beach Island! Here we have a very well-kept single family home featuring 3 bedrooms/1.5 bathrooms, large living space, updated kitchen, a screened in porch to enjoy those breezes, all situated on a nice sized 50x80 lot. This home is an established rental property. Use for your own enjoyment, or rent out for approx. $3500-$4000 per week for a great return on investment. Conveniently located to all that Ship Bottom has to offer, including the beautiful bay beach which is just a few minutes away. Plenty of room for the whole family to enjoy as this house is close to 1800 square foot and is deceivingly large! Not much to do here but move in and enjoy! Comes furnished as an added convenience. Very usable house, but new construction in this location would yield excellent water views. Don't wait on this one...at this price it will not last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1792
  • Living Area Sq Ft: 1792
  • Price Per Sq Ft: 502.23
  • Above Grade Finished Sq Ft: 1792
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1707

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 230900.00
  • Land Assessed Value: 299000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 50.00 x 80.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 30000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3076277
  • Tax Annual Amount: 5585.00
  • Assessor Parcel Number: 29-00060-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 1792
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/01/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2003
Sold by
Jerome Ronald
Bought by
1707 Barnegat Llc
Total Days on Market
125
Current Estimated Value
$1,177,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.29%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Duffy Bernard
Bought by
Jerome Ronald and Jerome Karen

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
1707 Barnegat Llc $485,000 --
Jerome Ronald $230,375 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foran-Yee Heather $675,000
Closed 1707 Barnegat Llc $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $875,000 -2.8% $488 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/13/2022 02/13/22 Price Changed $899,999 -1.1% $502 / Sq Ft
12/20/2021 12/20/21 For Sale $910,000 0.0% $508 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/30/2021 11/30/21 Price Changed $910,000 -2.1% $508 / Sq Ft
10/15/2021 10/15/21 For Sale $929,900 -- $519 / 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
2024 $6,098 $530,700 $299,000 $231,700
2023 $5,612 $530,700 $299,000 $231,700
2022 $5,612 $529,900 $299,000 $230,900
2021 $5,585 $529,900 $299,000 $230,900
2020 $5,601 $529,900 $299,000 $230,900
2019 $5,606 $529,900 $299,000 $230,900
2018 $5,617 $529,900 $299,000 $230,900
2017 $5,251 $529,900 $299,000 $230,900
2016 $5,425 $490,100 $246,100 $244,000
2015 $5,293 $490,100 $246,100 $244,000
2014 $5,288 $490,100 $246,100 $244,000
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJOC2000191

Bright MLS

APN: 29-00060-0000-00002