NOT LISTED FOR SALE

Estimated Value: $1,702,139 - $1,966,000

4 Beds
2.5 Baths
2,000 Sq Ft
$895/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,150,000 $575 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,585/month

10 Days on Market

Highlights

  • Ocean View
  • Public Water Access
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • Coastal Architecture

About This Home

As of February 2021

Welcome to 18 East 8th Street***5 houses from the beach. This contemporary home offers 4 bedrooms, 2.5 baths and has been wonderfully maintained by the same family since being built in 1998. Situated on an over sized 50 x 125 lot with ample room for parking , or playing in the large stone yard along with 2 oversized garages . The open floor plan on upper level and middle level living room can accommodate the larger family. Large windows through- out the house allow the natural light to fill the rooms. Each window and the multiple sliding glass doors have retractable blinds for privacy. Kitchen counter seating for casual breakfasts or venture outside on the large front deck. Rooftop deck offers great views of the Ocean , Bay and Barnegat Lighthouse . Short walk to beach entrance where tram stops for a ride to life guarded beach in season. Close to mini golf, restaurants , Old Barney or Viking Village. Room for expansion and possibly a pool in rear yard. The house has been freshly painted and waiting for its new family to enjoy. Houses comes mostly furnished .

Last Agent to Sell the Property

Beverly Karch

BHHS Zack Shore REALTORS License #446757 Listed on: 01/14/2021

BHHS Zack Shore REALTORS

Last Buyer's Agent

Vivienne Washburn

Island Realty License #1220929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 1998

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • North Facing Home
  • Backs to Trees or Woods
  • Property is in excellent condition
  • Property is zoned R-B

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views
  • Storm Doors
  • Laundry on lower level

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Energy-Efficient Windows
  • Flood Risk

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00020
  • Assessor Parcel Number 02-00013-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,064

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary, Reverse
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-01-14
  • Federal Flood Zone: Yes
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Welcome to 18 East 8th Street***5 houses from the beach. This contemporary home offers 4 bedrooms, 2.5 baths and has been wonderfully maintained by the same family since being built in 1998. Situated on an over sized 50 x 125 lot with ample room for parking , or playing in the large stone yard along with 2 oversized garages . The open floor plan on upper level and middle level living room can accommodate the larger family. Large windows through- out the house allow the natural light to fill the rooms. Each window and the multiple sliding glass doors have retractable blinds for privacy. Kitchen counter seating for casual breakfasts or venture outside on the large front deck. Rooftop deck offers great views of the Ocean , Bay and Barnegat Lighthouse . Short walk to beach entrance where tram stops for a ride to life guarded beach in season. Close to mini golf, restaurants , Old Barney or Viking Village. Room for expansion and possibly a pool in rear yard. The house has been freshly painted and waiting for its new family to enjoy. Houses comes mostly furnished .
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven - Single
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Breakfast Area
  • Window Features: Double Hung, Energy Efficient
  • Fireplace: No
  • Door Features: Sliding Glass, Insulated, Storm
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 499.50
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Spa: No
  • View: Ocean
  • Water Access Features: Public Access, Public Beach
  • Water Access: Yes
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Attached Garage, Off Street, Driveway
  • Off Street Parking Spaces: 8

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: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 282300.00
  • Land Assessed Value: 500000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Outdoor Living Structures: Deck(s), Roof
  • Property Condition: Excellent
  • Soil Types: Sandy
  • Year Assessed: 2020
  • Zoning: R-B

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2825772
  • Tax Annual Amount: 7064.00
  • Assessor Parcel Number: 02-00013-00020
  • Tax Lot: 00020
  • Tax Total Finished Sq Ft: 2000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 26, 2021
Sold by
18 E 8Th Street Llc
Bought by
Cotton Jeanne and Murray Patricia
Seller's Agent
Beverly Karch
BHHS Zack Shore REALTORS
Buyer's Agent
Vivienne Washburn
Island Realty
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%
Current Estimated Value
$1,779,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,972
Avg. Annual Appreciation
10.61%
Original Mortgage
$820,000
Outstanding Balance
$741,722
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,058,109

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 23, 2021
Sold by
18 E 8Th Street Llc
Bought by
Cotton Jeanne and Murray Robert
Seller's Agent
Beverly Karch
BHHS Zack Shore REALTORS
Buyer's Agent
Vivienne Washburn
Island Realty
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$741,722
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,058,109

Purchase Details

Closed on
Jul 9, 2020
Sold by
Romano James S and Estate Of Sherry Lynn Romano
Bought by
18 E 8Th Street Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Orrigo Mary L and Orrigo Alfred J
Bought by
Orrigo Mary L and Romano Sherry L

Purchase Details

Closed on
Apr 29, 2003
Sold by
Orrigo Alfred J
Bought by
Orrigo Alfred J and Orrigo Mary L

Purchase Details

Closed on
Jun 26, 1998
Sold by
Batelli Joseph S
Bought by
Orrigo Alfred J and Orrigo Mary L
Source: Public Records

Range of Values:

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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
Cotton Jeanne $1,150,000 Chicago Title
Cotton Jeanne $1,150,000 American Abstract Agency Llc
18 E 8Th Street Llc -- None Available
Orrigo Mary L -- --
Orrigo Alfred J -- --
Orrigo Alfred J $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Jeanne $820,000
Closed Cotton Jeanne $820,000
Previous Owner Romano Sherry L $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,150,000 +15.1% $575 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $999,000 -- $500 / 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 $9,048 $1,015,500 $625,000 $390,500
2023 $9,432 $1,015,500 $625,000 $390,500
2022 $9,432 $1,140,500 $750,000 $390,500
2021 $6,962 $782,300 $500,000 $282,300
2020 $7,064 $782,300 $500,000 $282,300
2019 $6,806 $782,300 $500,000 $282,300
2018 $6,689 $782,300 $500,000 $282,300
2017 $6,923 $782,300 $500,000 $282,300
2016 $6,743 $782,300 $500,000 $282,300
2015 $6,501 $782,300 $500,000 $282,300
2014 $7,071 $782,200 $500,000 $282,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC406434

Bright MLS

APN: 02-00013-0000-00020