NOT LISTED FOR SALE

2 Inlet Terrace Belmar, NJ 07719

Estimated Value: $2,645,000 - $3,362,000

5 Beds
4 Baths
3,532 Sq Ft
$854/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $3,200,000 $906 Per Sq Ft

Current estimated payment $19,223/month

1 Day on Market

Highlights

  • Docks
  • Outdoor Pool
  • Waterfront
  • Boat Lift
  • Custom Home
  • 0.38 Acre Lot

About This Home

As of March 2024

Waterfront!! Highly sought after Inlet Terrace Waterfront! This oversized 80 x 212 lot is a Summer Paradise! A rare opportunity to build your dream home or restore + repair this 5 bedroom 4 bath home to it's original charm.

Last Agent to Sell the Property

Nicole Richman

RE/MAX Revolution License #1750804 Listed on: 02/07/2024

RE/MAX Revolution

Last Buyer's Agent

Nicole Richman

Jersey Shore Real Estate Group Associates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,580

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 79 x 208
  • Waterfront
  • Fenced

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3,532 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Bay Window
  • Sliding Doors
  • Den
  • Bonus Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Docks
  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Belmar Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 07-00012-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,580

Year Built

Built in 1920

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial
  • Reso Interior Features: Balcony, Bonus Room, Ceilings - 9Ft+ 1st Flr, Dec Molding
  • ResoWindowFeatures: Bay/Bow Window, Skylight(s)
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.38
  • General Property Info Lot Dimensions: 79 x 208
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 3.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Den: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Style Shore Colonial: Yes
  • Exterior Dock: Yes
  • Exterior BBQ: Yes
  • Exterior Hot Tub2: Yes
  • Interior Bonus Room: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Foyer Dec Molding2: Yes
  • Exterior Boat Lift: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplaces: 3
  • Stories: 2
  • Basement:Unfinished: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Fireplace - Woodburning6: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.38
  • Waterfront: Yes
  • Exterior Features: Outdoor Grill, Balcony, Boat Lift, Dock, Hot Tub, Lighting
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas, Radiant, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 79 x 208
  • Lot Size Sq Ft: 16552.8
  • Parcel #: 07-00012-0000-00001

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 20580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 21, 2024
Sold by
Sokol Justin
Bought by
Eknoian Richard and Eknoian Lisa
Seller's Agent
Nicole Richman
RE/MAX Revolution
Buyer's Agent
Nicole Richman
RE/MAX Revolution
List Price
$3,200,000
Sold Price
$3,200,000
Views
12
Current Estimated Value
$3,193,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,072
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Turi John N and Turi Mary F
Bought by
Sokol Justin and Bhol Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2019
Closed on
Oct 3, 2019
Sold by
Ciccone Gayton
Bought by
Turi John N and Turi Mary F
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$1,202,500
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Eknoian Richard $3,200,000 First American Title Insurance
Sokol Justin -- First American Title
Sokol Justin $1,800,000 None Listed On Document
Turi John N $1,750,000 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sokol Justin $1,350,000
Previous Owner Turi John N $1,202,500
Previous Owner Ciccone Gayton $679,500
Previous Owner Ciccone Gayton $173,534
Previous Owner Ciccone Gayton $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $3,200,000 0.0% $906 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $3,200,000 +82.9% $906 / Sq Ft
10/05/2019 10/05/19 Sold $1,750,000 -- $495 / 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 $20,580 $1,463,700 $1,060,700 $403,000
2023 $20,580 $1,463,700 $1,060,700 $403,000
2022 $19,660 $1,463,700 $1,060,700 $403,000
2021 $19,660 $1,463,700 $1,060,700 $403,000
2020 $19,477 $1,448,100 $1,060,700 $387,400
2019 $19,642 $1,460,400 $1,060,700 $399,700
2018 $18,036 $1,460,400 $1,060,700 $399,700
2017 $17,598 $1,460,400 $1,060,700 $399,700
2016 $19,697 $1,030,700 $580,700 $450,000
2015 $20,355 $1,060,700 $610,700 $450,000
2014 $21,492 $1,110,700 $660,700 $450,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Richman

    Seller's Agent in 2024

    Nicole Richman

    RE/MAX

    (732) 410-7100

    7 in this area

    132 Total Sales

    Section Image

  • P

    Seller's Agent in 2019

    Patrick Butera

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403407

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00012-0000-00001

New Jersey Monmouth County Belmar 07719

2 Inlet Terrace, Belmar, NJ

This home is located at 2 Inlet Terrace, Belmar, NJ 07719 since 07 February 2024 and is currently estimated at $3,016,854, approximately $854 per square foot. This property was built in 1920. 2 Inlet Terrace is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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