Seller's Agent in 2022
Gina Laird
RE/MAX
(609) 638-0153
53 in this area
91 Total Sales
1940 W Bay Terrace Ship Bottom, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $1,855,000 - $2,068,000
--
Bed
2
Baths
2,304
Sq Ft
$872/Sq Ft
Est. Value
Highlights
- 40 Feet of Waterfront
- Second Kitchen
- Contemporary Architecture
- Parking available for a boat
- Bay View
- Wood Flooring
About This Home
As of March 2022BAYFRONT - Ship Bottom - Pride of Ownership shows in this 4 Br, 2 Bath Duplex with interior staircase for use as single family if desired. Located close to the Causeway for easy on and off access, this property is a must see to appreciate the possibilities that it offers. The upper unit has hardwood flooring, beautiful kitchen with granite counters, Central A/C and FHA Heat. The lower unit has Hot Water Baseboard Heat and Ductless A/C Units. Enjoy the bay breezes from the front or rear decks. Andersen Windows and Sliders. Large backyard with plenty of room for all. Vinyl Bulkhead and dock with enough space for 2 boats and a jet ski. This backyard oasis is the perfect backdrop for boating, swimming, kayaking, paddle boarding and fishing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,642
Year Built
- Built in 1990 | Remodeled in 2001
Lot Details
- 2,479 Sq Ft Lot
- Lot Dimensions are 7.00 x 157.00 33x117
- 40 Feet of Waterfront
- Home fronts navigable water
- Property Fronts a Bay or Harbor
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Driveway
- Parking available for a boat
Home Design
- Duplex
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Piling Construction
Interior Spaces
- Bathtub with Shower
- 2,304 Sq Ft Home
- Ceiling Fan
- Skylights
- 1 Fireplace
- Sliding Doors
- Bay Views
- Stacked Washer and Dryer
Kitchen
- Second Kitchen
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Upgraded Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Outdoor Shower
- Water Access
- Property near a bay
- Bulkhead
Utilities
- Forced Air Zoned Cooling and Heating System
- Ductless Heating Or Cooling System
- Hot Water Baseboard Heater
- Tankless Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Ship Bottom Subdivision
Listing and Financial Details
- Tax Lot 00018
- Assessor Parcel Number 29-00050-00018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2022
Sold by
Yssamra Llc
Bought by
Yssamra Llc
Current Estimated Value
Purchase Details
Listed on
May 11, 2021
Closed on
Mar 8, 2022
Sold by
Neighbor and Annette
Bought by
Yssamra Llc
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Lisa Musarra
Oceanside Realty - HC
List Price
$1,575,000
Sold Price
$1,475,000
Premium/Discount to List
-$100,000
-6.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$1,180,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2002
Purchase Details
Closed on
Jul 30, 1999
Sold by
Traitz Robert D
Bought by
Neighbor William and Neighbor Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
7.65%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yssamra Llc | -- | -- | |
| Yssamra Llc | $1,475,000 | Stewart Title Guaranty Company | |
| -- | -- | -- | |
| Neighbor William | $324,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yssamra Llc | $1,180,000 | |
| Previous Owner | Neighbor William | $183,000 | |
| Previous Owner | Neighbor William | $260,000 | |
| Previous Owner | Neighbor William | $180,789 | |
| Previous Owner | Neighbor William J | $100,000 | |
| Previous Owner | Neighbor William | $390,000 | |
| Previous Owner | Neighbor William | $259,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2022 03/09/22 | Sold | $1,475,000 | -6.3% | $640 / Sq Ft |
| 09/24/2021 09/24/21 | For Sale | $1,575,000 | 0.0% | $684 / Sq Ft |
| 09/02/2021 09/02/21 | Pending | -- | -- | -- |
| 06/22/2021 06/22/21 | Price Changed | $1,575,000 | -7.4% | $684 / Sq Ft |
| 05/11/2021 05/11/21 | For Sale | $1,700,000 | 0.0% | $738 / Sq Ft |
| 10/02/2017 10/02/17 | Rented | $9,600 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,950 | $825,700 | $520,000 | $305,700 |
| 2024 | $9,487 | $825,700 | $520,000 | $305,700 |
| 2023 | $8,494 | $825,700 | $520,000 | $305,700 |
| 2022 | $8,744 | $825,700 | $520,000 | $305,700 |
| 2021 | $8,368 | $817,600 | $520,000 | $297,600 |
| 2020 | $8,642 | $817,600 | $520,000 | $297,600 |
| 2019 | $8,650 | $817,600 | $520,000 | $297,600 |
| 2018 | $8,667 | $817,600 | $520,000 | $297,600 |
| 2017 | $8,102 | $817,600 | $520,000 | $297,600 |
| 2016 | $7,408 | $691,800 | $480,000 | $211,800 |
| 2015 | $7,221 | $691,800 | $480,000 | $211,800 |
| 2014 | $7,100 | $681,200 | $480,000 | $201,200 |
Source: Public Records
Agents Affiliated with this Home
-
Gina Laird
-
Lisa Musarra
L
Buyer's Agent in 2022
Lisa Musarra
Oceanside Realty - HC
(609) 384-6609
15 in this area
17 Total Sales
-
D
Seller's Agent in 2017
Darlene Dolan
Weichert Realtors-Ship Bottom
-
M
Buyer's Agent in 2017
Marguerite Pate
Keller Williams Atlantic Shore
-
M
Buyer's Agent in 2017
Marguerite Erlandson
C21/ Action Plus Realty
Map
Source: Bright MLS
MLS Number: NJOC409696
APN: 29-00050-0000-00018
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