NOT LISTED FOR SALE

1916 W Bay Terrace Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $885,000 - $1,284,304

4 Beds
2 Baths
1,448 Sq Ft
$750/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $855,000 $590 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,600/month

357 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Cape Cod Architecture
  • No HOA

About This Home

As of August 2024

Welcome to 1916 W Bay terrace. If your looking for a secluded location to build a quaint bayfront home this is it. This 40x 98 lot is surrounded by new homes. The unique location of this lot has an easterly view from the back yard offering potential views of the rising sun. A new construction home should have stunning views to the west also. Potentially room for a pool, the backyard currently has a dock extending out into the bay and a riparian lease. This is the least expensive bayfront lot for sale on LBI!

Last Agent to Sell the Property

Matt Kulinski

G. Anderson Agency License #0119748 Listed on: 07/31/2023

Last Buyer's Agent

Sean Adams

RE/MAX at Barnegat Bay - Ship Bottom License #9481468

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,660

Year Built

  • Built in 1940

Lot Details

  • 2,975 Sq Ft Lot
  • Lot Dimensions are 48.00 x 0.00
  • Property Fronts a Bay or Harbor
  • Property is zoned R2EC

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Flood Risk
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 29-00050-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,660

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1916 W Bay terrace. If your looking for a secluded location to build a quaint bayfront home this is it. This 40x 98 lot is surrounded by new homes. The unique location of this lot has an easterly view from the back yard offering potential views of the rising sun. A new construction home should have stunning views to the west also. Potentially room for a pool, the backyard currently has a dock extending out into the bay and a riparian lease. This is the least expensive bayfront lot for sale on LBI!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1448
  • Living Area Sq Ft: 1448
  • Price Per Sq Ft: 759.67
  • Above Grade Finished Sq Ft: 1448
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1916

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 48.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2975.00
  • Year Assessed: 2022
  • Zoning: R2EC

Rental Info

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

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 7660.00
  • Assessor Parcel Number: 29-00050-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 1448
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/22/2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Aug 20, 2024
Sold by
Joseph Damato Construction Llc and Joseph Damato Construction Co Llc
Bought by
Celli Robert
Seller's Agent
Matt Kulinski
G. Anderson Agency
Buyer's Agent
Sean Adams
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$1,100,000
Sold Price
$855,000
Premium/Discount to List
-$245,000
-22.27%
Views
126
Current Estimated Value
$1,086,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,576
Avg. Annual Appreciation
26.78%
Original Mortgage
$480,000
Outstanding Balance
$475,195
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$611,381

Purchase Details

Listed on
Jan 14, 2019
Closed on
May 30, 2019
Sold by
Baralus William
Bought by
Joseph Damato Construction Co Llc
Seller's Agent
Ron Fella
Island Realty-Surf City
Buyer's Agent
Matt Kulinski
G. Anderson Agency
List Price
$759,000
Sold Price
$675,000
Premium/Discount to List
-$84,000
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
May 21, 2008
Sold by
Baralus William
Bought by
Baralus William

Purchase Details

Closed on
Jan 16, 2004
Sold by
Baralus Chris
Bought by
Chris Baralus Revocable Living Trust and Baralus Chris
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Celli Robert $855,000 Westcor Land Title
Joseph Damato Construction Co Llc $675,000 None Available
Baralus William -- None Available
Chris Baralus Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celli Robert A $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $855,000 -22.3% $590 / Sq Ft
07/31/2023 07/31/23 For Sale $1,100,000 +63.0% $760 / Sq Ft
05/23/2019 05/23/19 Sold $675,000 -11.1% $397 / Sq Ft
01/14/2019 01/14/19 For Sale $759,000 -- $446 / 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 $8,717 $723,400 $540,800 $182,600
2024 $8,312 $723,400 $540,800 $182,600
2023 $7,661 $723,400 $540,800 $182,600
2022 $7,661 $723,400 $540,800 $182,600
2021 $7,625 $723,400 $540,800 $182,600
2020 $7,646 $723,400 $540,800 $182,600
2019 $7,654 $723,400 $540,800 $182,600
2018 $7,668 $723,400 $540,800 $182,600
2017 $7,099 $716,300 $540,800 $175,500
2016 $6,935 $626,500 $510,700 $115,800
2015 $6,766 $626,500 $510,700 $115,800
2014 $6,760 $626,500 $510,700 $115,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matt Kulinski

    G. Anderson Agency

    (609) 276-2602

    22 in this area

    27 Total Sales

    Matt Kulinski
    Section Image
  • Sean Adams

    Buyer's Agent in 2024

    Sean Adams

    RE/MAX

    (609) 709-4482

    70 in this area

    87 Total Sales

    Sean Adams
    Section Image

  • R

    Seller's Agent in 2019

    Ron Fella

    Island Realty-Surf City

    (609) 384-1776

    8 in this area

    8 Total Sales

    Ron Fella
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC2020168

Bright MLS

APN: 29-00050-0000-00011

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

1916 W Bay Terrace, Ship Bottom, NJ

This home is located at 1916 W Bay Terrace, Ship Bottom, NJ 08008 since 31 July 2023 and is currently estimated at $1,086,576, approximately $750 per square foot. This property was built in 1940. 1916 W Bay Terrace is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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