NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $5,370,000

3 Beds
1 Bath
924 Sq Ft
$4,074/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $1,650,000 $1,786 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $24,120/month

Highlights

  • Ocean Front
  • Deck
  • Central Air
  • Water Access
  • No HOA
  • Asbestos

About This Home

As of July 2013

Stunning building site perched on the edge of Barnegat Lights protective dunes. Spread across 75 feet of ocean frontage with a generous depth of 149 feet to the West, this oversized property is one of the largest oceanfront parcels on the beach in Barnegat Light. The existing house is reminiscent of a bygone era when life was simpler--keep the existing struture or build a new residence on the site. CAFRA permits in place to build a large single family home with a footprnt of 2098 SF. There are pins at the property to delineate the building envelope. A copy of the survey and CAFRA letter are attached.

Last Agent to Sell the Property

Sarah Ann Miller

sam@islandrealtylbi.com.prod Island Realty Listed on: 02/02/2013

Last Buyer's Agent

Mindi Ridgway

(609) 618-0591 mpronlbi@yahoo.com Island Realty License #8544073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,917

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 75x149
  • Ocean Front
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level
  • Property is zoned RB, RB

Home Design

  • Flat Roof Shape
  • Asbestos
  • Piling Construction

Interior Spaces

  • 924 Sq Ft Home
  • Property has 1 Level
  • Casement Windows
  • Vinyl Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck

Additional Features

  • Flood Risk
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 02-00037-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,917

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Vinyl
  • Window Features: Casement
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1
  • Room Count: 5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 924
  • Living Area Sq Ft: 924
  • Price Per Sq Ft: 2159.09
  • Above Grade Finished Sq Ft: 924
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Roof: Flat
  • View: Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 139600.00
  • Land Assessed Value: 1672500.00
  • Lot Features: Level
  • Lot Dimensions: 75x149
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RB
  • Zoning Description: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826382
  • Tax Annual Amount: 13917.00
  • Assessor Parcel Number: 02-00037-0000-00016
  • Tax Lot: 16
  • Tax Year: 2011
  • Close Date: 07/12/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2013
Closed on
Jul 12, 2013
Sold by
Roggio Jean Day and Creely Susanna
Bought by
Nolte Ilene
Seller's Agent
Sarah Ann Miller
Island Realty
Buyer's Agent
Mindi Ridgway
Island Realty
List Price
$1,995,000
Sold Price
$1,650,000
Premium/Discount to List
-$345,000
-17.29%
Current Estimated Value
$3,764,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,114,085
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Day Kenneth M and Neilson Benjamin R
Bought by
Roggio Jean Day and Creely Susanna

Purchase Details

Closed on
Dec 31, 2009
Sold by
Day F Miles and Day Doris
Bought by
Roggio Jean Day and Creely Susanna

Purchase Details

Closed on
Jan 29, 2008
Sold by
Day F Miles and Day Doris
Bought by
Day F Miles and Day Doris

Purchase Details

Closed on
Dec 20, 2007
Sold by
Day F Miles and Day Doris
Bought by
Day F Miles and Day Doris
Source: Public Records

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
Nolte Ilene $1,650,000 Agent For Westcor Land Tit
Roggio Jean Day -- None Available
Roggio Jean Day -- None Available
Roggio Jean Day -- None Available
Day F Miles -- None Available
Day F Miles -- None Available
Day F Miles -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $1,650,000 -17.3% $1,786 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $1,995,000 -- $2,159 / 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
2025 $49,025 $4,863,600 $1,936,000 $2,927,600
2024 $43,335 $4,863,600 $1,936,000 $2,927,600
2023 $40,222 $4,863,600 $1,936,000 $2,927,600
2022 $40,222 $4,863,600 $1,936,000 $2,927,600
2021 $43,286 $4,863,600 $1,936,000 $2,927,600
2020 $43,918 $4,863,600 $1,936,000 $2,927,600
2019 $42,313 $4,863,600 $1,936,000 $2,927,600
2018 $41,584 $4,863,600 $1,936,000 $2,927,600
2017 $17,134 $1,936,000 $1,936,000 $0
2016 $16,688 $1,936,000 $1,936,000 $0
2015 $13,684 $1,646,700 $1,540,000 $106,700
2014 $14,886 $1,646,700 $1,540,000 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC245510

Bright MLS

APN: 02-00037-0000-00016-01