NOT LISTED FOR SALE

1862 Boat Point Dr Point Pleasant Boro, NJ 08742

Estimated Value: $2,062,000 - $2,567,000

3 Beds
3.5 Baths
3,218 Sq Ft
$702/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $2,125,000 $660 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,181/month

70 Days on Market

Highlights

  • Dock has access to electricity and water
  • Property Fronts a Bay or Harbor
  • Fireplace in Primary Bedroom
  • Boat Lift
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of February 2024

WELCOME HOME TO THIS WATERFRONT PARADISE LOCATED IN THE HIGHLY SOUGHT AFTER BAY HEAD SHORES.. This oversized property boast 229 of bulkhead, 83 ft, on the open bay, and 146 ft. with a Riparian grant. Enjoy this oasis by taking a dip in your Gunite pool, soak in the hot tub, Barbecue grill, or relax around the oversized fire pit. Take advantage of the large jet ski/boatlift and enjoy a day on the water from one of the most unique point lots with open bay and lagoon docking. Enter this 2 story contemporary that offers oversized windows and sliding doors for maximizing water views. The open floor plan is great for entertaining with a large kitchen, breakfast nook, custom bar and family room with a gas fireplace. 2BR, 1st floor, Master BR, Bonus room and much more second floor.

Last Agent to Sell the Property

Carmella Gerard

Chris Smith Realty License #1864632 Listed on: 06/29/2023

Last Buyer's Agent

Amy White

Ward Wight Sotheby's International Realty License #9589244

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,242

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 83x146
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Corner Lot
  • Oversized Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway with Pavers
  • Paver Block

Home Design

  • Contemporary Architecture
  • Slate Roof
  • Rubber Roof
  • Stucco Exterior

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Skylights
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Bonus Room
  • Bay Views
  • Crawl Space
  • Home Security System

Kitchen

  • Breakfast Room
  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Riparian rights to water flowing past the property
  • Bulkhead
  • Boat Lift
  • Dock has access to electricity and water
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • Nellie F. Bennett Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bay Head Shores Subdivision

Listing and Financial Details

  • Exclusions: Art work,Sound Bar & Speakers and wine fridge. Outdoor furniture & Salt water fish tank negotiable.
  • Assessor Parcel Number 25-00279-0000-00278

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,242

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized, Bayfront, Bulkhead, Cul-De-Sac, Riparian Rts
  • ResoPoolFeatures: Gunite, In Ground
  • Inclusions: Outdoor Lighting, Hot Tub, Washer, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Screens, Garbage Disposal, Garage Door Opener, Gas Grill
  • Subdivision Name: Bay Head Shores
  • Architectural Style: Contemporary, 2 Story
  • Reso Interior Features: Bonus Room, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Security System, Skylight, Sliding Door
  • New Construction: No
  • Year Built: 1994
  • 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: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 83x146
  • Location Middle School: Memorial
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Included Stove: Yes
  • Exterior Lighting: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Foyer Two Story: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • Rooms Bonus Room2: Yes
  • Lot Description Oversized3: Yes
  • Kitchen BnookDining Area: Yes
  • Lot Description Cul-De-Sac: Yes
  • Included Security System2: Yes
  • Water Type Bayview: Yes
  • Exterior Dock: Yes
  • Exterior WaterElect Dock: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Hot Tub2: Yes
  • Rooms Breakfast: Yes
  • Included Garbage Disposal: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Interior Bonus Room: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Living Room Floor - Ceramic2: Yes
  • Foyer Double Door Entry: Yes
  • PoolGunite: Yes
  • Lot Description Bayfront2: Yes
  • Included Hot Tub3: Yes
  • Siding Stucco - Cement: Yes
  • GreatFamily Room Skylight3: Yes
  • Roof Rubber Roll: Yes
  • Water Type Bayfront: Yes
  • Exterior Boat Lift: Yes
  • Lot Description Riparian Rts: Yes
  • RoofSlate: Yes
  • GreatFamily Room Wet Bar2: Yes
  • GreatFamily Room Floor - Porcelain5: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Stories: 2
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bath Marble7: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Slate, Rubber
  • Waterfront Features: Bayfront, Bayview
  • Waterfront: Yes
  • Exclusions: Art work,Sound Bar & Speakers and wine fridge. Outdoor furniture & Salt water fish tank negotiable.
  • Construction Type: Stucco
  • Exterior Features: Balcony, BBQ, Boat Lift, Dock, Hot Tub, Patio, Security System, Sprinkler Under, Swimming, Water/Elect @ Dock, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Baseboard, 3+ Zoned Heat
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 83x146
  • Parcel #: 25-00279-0000-00278
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 25242.0

MLS Schools

  • Elementary School: Nellie F. Bennett
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jan 26, 2024
Sold by
Karen Marzulli Revocable Trust
Bought by
Elpcg Llc
Seller's Agent
Carmella Gerard
Chris Smith Realty
Buyer's Agent
Amy White
Ward Wight Sotheby's International Realty
List Price
$3,399,000
Sold Price
$2,125,000
Premium/Discount to List
-$1,274,000
-37.48%
Views
215
Current Estimated Value
$2,259,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,761
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,700,000
Outstanding Balance
$1,669,957
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$589,804

Purchase Details

Closed on
Jun 4, 2019
Sold by
Marzulli Karen A
Bought by
The Karen Marzulli Revocable Trust

Purchase Details

Closed on
Nov 7, 1990
Bought by
Marzulli Karen A
Source: Public Records

Range of Values:

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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
Elpcg Llc $2,125,000 Trident Abstract Title
Elpcg Llc $2,125,000 Trident Abstract Title
The Karen Marzulli Revocable Trust -- None Available
Marzulli Karen A $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elpcg Llc $1,700,000
Closed Elpcg Llc $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $2,125,000 -13.3% $660 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/16/2023 08/16/23 Price Changed $2,450,000 -18.3% $761 / Sq Ft
07/20/2023 07/20/23 Price Changed $2,999,000 -11.8% $932 / Sq Ft
06/29/2023 06/29/23 For Sale $3,399,000 -- $1,056 / 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
2025 $26,964 $1,179,000 $745,700 $433,300
2024 $25,773 $1,179,000 $745,700 $433,300
2023 $25,242 $1,179,000 $745,700 $433,300
2022 $25,242 $1,179,000 $745,700 $433,300
2021 $24,853 $1,179,000 $745,700 $433,300
2020 $24,594 $1,179,000 $745,700 $433,300
2019 $24,264 $1,179,000 $745,700 $433,300
2018 $23,545 $1,179,000 $745,700 $433,300
2017 $23,026 $1,179,000 $745,700 $433,300
2016 $22,849 $1,179,000 $745,700 $433,300
2015 $22,578 $1,179,000 $745,700 $433,300
2014 $22,059 $1,179,000 $745,700 $433,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22317772

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00279-0000-00278