NOT LISTED FOR SALE

187 Pershing Blvd Lavallette, NJ 08735

Estimated Value: $2,367,000 - $2,767,000

4 Beds
3 Baths
2,043 Sq Ft
$1,254/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $2,400,000 $1,175 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $15,480/month

11 Days on Market

Highlights

  • Community Beach Access
  • Property Fronts a Bay or Harbor
  • Bayside
  • Boat Dock
  • Basketball Court
  • Deck

About This Home

As of September 2023

Exceptional bay front home on Prestigious West Point Island w/ spectacular views of the Barnegat Bay. This spacious home features 2 first floor bedrooms (1 with direct access from the 2 car garage and en-suite bath). Kitchen w/ granite countertops and stainless appliances, an additional first floor bathroom, dining room, living room and family room which opens to the back yard offering multiple deck areas & dock. Perfect for entertaining, boating & water sports, kayaking, fishing & crabbing. The second floor boasts 2 additional bedrooms each with a slider leading out to a sundeck for even more sweeping views of the bay plus & additional full bathroom. There is an outside shower near the side door and garage for clean up after a day at the beach. A unique opportunity to own an affordable waterfront home on a large lot in a very desirable town & location.

Last Listed By

Elizabeth Sartori

Childers Sotheby's Intl Realty License #0457254 Listed on: 06/01/2023

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,294

Year Built

  • Built in 1943

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 145
  • Property Fronts a Bay or Harbor
  • Oversized Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener
  • Double-Wide Driveway
  • Gravel Driveway

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2,043 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Wood Burning Fireplace
  • Awning
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Docks
  • Basketball Court
  • Balcony
  • Deck
  • Exterior Lighting

Location

  • Bayside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16-00959-0000-00032

Community Details

Recreation

  • Boat Dock
  • Community Beach Access
  • Beach
  • Community Basketball Court
  • Community Playground
  • Community Pool

Additional Features

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,294

Year Built

Built in 1943

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayfront, Bayside, Bulkhead, Oversized
  • Reso Association Amenities: Beach, Association, Dock, Swimming, Basketball Court, Common Area, Playground
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Awnings, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Flooring: Tile, Wood, Other
  • Reso Interior Features: Attic, Sliding Door, Recessed Lighting
  • Year Built: 1943
  • 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
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Common Elements Common Area: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 145
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Included Outdoor Lighting: Yes
  • Common Elements Playground: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Rooms Sitting: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Foyer Floor - Ceramic: Yes
  • Floors Tile: Yes
  • Included Garbage Disposal: Yes
  • Included Awnings: Yes
  • Garage Storage Above: Yes
  • SidingCedarShake: Yes
  • Common Elements Basketball Court: Yes
  • Lot Description Bayfront2: Yes
  • Common Elements Dock2: Yes
  • Water Type Bayfront: Yes
  • Water Type Bayside: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • 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
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront Features: Other - See Remarks, Bayfront, Bayside, Bayview
  • Waterfront: Yes
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Deck, Dock, Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Concrete, Double Wide Drive, Driveway, Direct Access, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: No

Lot Info

  • Lot Dimensions: 50 x 145
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 16-00959-0000-00032
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13294.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Stivala Kelly and Stivala Michael
Bought by
Stivala Kelly and Stivala Michael
Total Days on Market
11
Current Estimated Value
$2,562,743

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 15, 2023
Sold by
Pershing Bay Llc
Bought by
Stivala Kelly and Stivala Michael
Seller's Agent
Elizabeth Sartori
Childers Sotheby's Intl Realty
Buyer's Agent
Dana Mauro
Real Estate, LTD
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$2,050,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 8, 2023
Sold by
Peter Fless Irrevocable Trust
Bought by
Pershing Bay Llc
Seller's Agent
Michelle Reedy
Keller Williams Towne Square
Buyer's Agent
Virginia Russo
Keller Williams Towne Square
List Price
$1,900,000
Sold Price
$1,875,000
Premium/Discount to List
-$25,000
-1.32%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.96%
Original Mortgage
$1,300,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2022
Sold by
Peter Fless Jr
Bought by
Peter Fless Irrevocable Trust

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
Stivala Kelly -- None Listed On Document
Stivala Kelly $2,400,000 Title Settlement Group
Pershing Bay Llc $1,875,000 Suburban Title
Peter Fless Irrevocable Trust -- Carranceja-Gurski Kristine M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stivala Kelly $2,050,000
Previous Owner Pershing Bay Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $2,400,000 -4.0% $1,175 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $2,499,000 +33.3% $1,223 / Sq Ft
03/08/2023 03/08/23 Sold $1,875,000 -1.3% $918 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,900,000 -- $930 / 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 $14,291 $1,556,700 $1,272,000 $284,700
2023 $13,294 $1,556,700 $1,272,000 $284,700
2022 $13,294 $1,556,700 $1,272,000 $284,700
2021 $12,858 $1,556,700 $1,272,000 $284,700
2020 $12,781 $1,556,700 $1,272,000 $284,700
2019 $11,905 $1,216,000 $1,039,500 $176,500
2018 $11,807 $1,216,000 $1,039,500 $176,500
2017 $11,929 $1,216,000 $1,039,500 $176,500
2016 $11,540 $1,216,000 $1,039,500 $176,500
2015 $11,297 $1,216,000 $1,039,500 $176,500
2014 $11,345 $1,216,000 $1,039,500 $176,500
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314758

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00959-0000-00032