NOT LISTED FOR SALE

Estimated Value: $3,066,000 - $4,026,000

9 Beds
5.5 Baths
4,658 Sq Ft
$741/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $3,680,000 $790 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $20,884/month

6 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • 2 Fireplaces
  • Guest House
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

An LBI dream, this rare and unique multi-home family compound consists of two adjacent homes on one double lot (100 x 100) parcel, located one-off the highly-desired Surf City sand. The moment you walk into the home, you feel transported in a time capsule, a true walk down memory lane with this delightful throwback to yesteryear, complete with all the vintage beach house charm that lifelong LBI vacationers have come to know and love. The original home has been lovingly enjoyed and maintained by the family for multiple generations and features custom wood paneling throughout the living and dining room, a glorious sun porch for relaxing and reading, and a charming original kitchen, complete with the good, old-fashioned screen door slam and access to backyard and outdoor shower. There is a laundry room and a full bath located just off the kitchen as well. Moving up to the second floor, you'll find a delightfully retro-appointed hallway bath along with four spacious bedrooms, two of which have direct access to the massive wraparound deck where you can take in the seashore sights, sounds and salt-air scents of the ocean, located just across the street.Invite your family and friends to vacation with you in the larger second home, located on the same oversized lot. Built to comfortably welcome overflow houseguests as well as rental tenants, this stunning ocean view home has been a lucrative income-generating property ever since its custom construction in 2004. Designed by the architect-owner himself, the reverse living design is perfect for housing all the kids and grandkids on one level while comfortably accommodating the head of the family in the top-floor master suite, complete with living room, dining room and kitchen, with views of the stunning ocean from practically every window. This home features an elevator for easy transport of luggage and groceries, as well as two spacious attached garages for all your beach toys, two laundry areas, and multiple decks and porches for enjoying all the sights and sounds of the island. Head up to the rooftop deck to enjoy spectacular ocean views that will take your breath away as you enjoy cocktails and sunsets over the bay. Opportunities like this don't come along often. Move right in and begin enjoying all the walkable, bikeable, family-friendly activities and attractions that beloved Surf City has to offer.

Last Agent to Sell the Property

Denise Petti

Keller Williams Preferred Properties, Ship Bottom Listed on: 06/04/2021

Keller Williams Preferred Properties, Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay License #0562673

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,773

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Oversized Lot

Home Design

  • Custom Home
  • Carriage House
  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 4,658 Sq Ft Home
  • 3-Story Property
  • Elevator
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Screened Porch
  • Wood Flooring
  • Ocean Views
  • Washer

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 9 Bedrooms

Parking

  • Direct Access Garage
  • Gravel Driveway

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • Water Heater

Additional Features

  • Handicap Accessible
  • Balcony
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00040-0000-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,773

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, See Remarks, Other
  • Inclusions: Washer, Window Treatments, Blinds/Shades
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial, Carriage House, 2 Story, Other - See Remarks
  • Reso Interior Features: Breakfast Bar
  • New Construction: No
  • Reso Other Structures: Guest House
  • Year Built: 1930
  • Contract Info New Construction: No
  • 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
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 100 x 100
  • General Property Info Farm: No
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 2.0
  • Included BlindsShades: Yes
  • Included Window Treatments: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Breakfast Cntr: Yes
  • Style Shore Colonial: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Water Heater Tank: Yes
  • Exterior Porch - Screened: Yes
  • SidingCedarShake: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Allowable Elevator4: Yes
  • Out Buildings Guest House: Yes
  • Living Room Fireplace - Electric4: Yes
  • Style Carriage House: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplaces: 2
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Porch - Screened, Shared Storage
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Gravel, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 32-00040-0000-00006
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 21773.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2016
Sold by
Higgins Lori L
Bought by
Higgins Lori L
Current Estimated Value
$3,449,537

Purchase Details

Closed on
Jun 7, 1996
Sold by
Higgins Ronald
Bought by
Barone Susan and Higgins Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Higgins Lori L -- --
Barone Susan $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentzheimer Edward $2,388,088
Closed Wentzheimer Edward $2,388,088
Closed Wentzheimer Edward $140,000
Previous Owner Higgins Thomas $480,000
Previous Owner Higgins Michael $550,000
Previous Owner Higgins Thomas $54,490
Previous Owner Barone Susan $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $3,680,000 -6.3% $790 / Sq Ft
06/04/2021 06/04/21 For Sale $3,929,000 -- $843 / 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
2024 $25,065 $1,263,500 $950,000 $313,500
2023 $24,441 $2,494,000 $1,662,500 $831,500
2022 $24,441 $2,494,000 $1,662,500 $831,500
2021 $22,496 $2,494,000 $1,662,500 $831,500
2020 $21,773 $2,494,000 $1,662,500 $831,500
2019 $21,723 $2,494,000 $1,662,500 $831,500
2018 $20,612 $2,030,700 $1,260,000 $770,700
2017 $20,876 $2,030,700 $1,260,000 $770,700
2016 $20,368 $2,030,700 $1,260,000 $770,700
2015 $19,535 $2,030,700 $1,260,000 $770,700
2014 $19,434 $2,030,700 $1,260,000 $770,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117827

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00040-0000-00006