NOT LISTED FOR SALE

2 Reese Ave Lavallette, NJ 08735

Estimated Value: $2,238,711 - $2,359,000

4 Beds
3 Baths
2,496 Sq Ft
$920/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $2,100,000 $841 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,697/month

12 Days on Market

Highlights

  • Water Views
  • Custom Home
  • Recreation Room
  • Oceanside
  • Deck
  • Marble Flooring

About This Home

As of April 2024

LAVALLETTE - STEPS TO THE BEACH AND IN THE HEART OF TOWN - SPACIOUS AND UPDATED - HOME FEATURES HIGH END KITCHEN AND BATHROOMS - COVERED SECOND FLOOR BALCONY WITH UNENDING WATER VIEWS - CUSTOM BUILT-IN CABINETRY - THREE SETS OF FRENCH DOORS OPENING ONTO THE INVITING FRONT DECK - ITALIAN MARBLE FLOORS - HIGH-END TILE WORK THROUGHOUT - VAULTED CEILINGS - OFF-STREET PARKING FOR FOUR MODERATE SIZED CARS - MASTER BEDROOM SUITE AND MORE!! WITH LOW LAVALLETTE TAXES AND A LOCATION ONE OFF THE OCEAN-FRONT, THIS IS A MUST SEE!!!

Last Listed By

Timothy O'Shea

Keller Williams Shore Properties License #1430760 Listed on: 02/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,733

Year Built

  • 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Tray Ceiling
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Sitting Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Utility Room
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Balcony
  • Deck
  • Exterior Lighting

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: PERSONAL BELONGINGS
  • Assessor Parcel Number 16-00008-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,733

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Co List Office Mls Id: 3258
  • Co List Office Phone: 732-830-1292
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Vinyl, Marble
  • Reso Interior Features: Balcony, Built-Ins, French Doors, Sliding Door, Wet Bar, Recessed Lighting
  • 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
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Rooms Sitting: Yes
  • Floors Marble: Yes
  • Dining Room Floor - Marble5: Yes
  • Kitchen Floor - Marble7: Yes
  • Living Room Floor - Marble6: Yes
  • Special Features: None
  • Year Built (Public Record): 1955

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Total Bedrooms: 14
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Wet Bar: Yes
  • Other Rooms:Rec Room: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: PERSONAL BELONGINGS
  • Exterior Features: Balcony, Deck, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: 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: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 16-00008-0000-00005
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10733.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 8, 2024
Sold by
Superior Dev & Management Llc
Bought by
Cella Joshua and Cella Marie Elena
Seller's Agent
Timothy O'Shea
Keller Williams Shore Properties
Buyer's Agent
Moira Skea
Ward Wight Sotheby's International Realty
List Price
$2,299,900
Sold Price
$2,100,000
Premium/Discount to List
-$199,900
-8.69%
Total Days on Market
12
Views
66
Current Estimated Value
$2,297,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,178
Avg. Annual Appreciation
9.20%
Original Mortgage
$1,100,000
Outstanding Balance
$1,088,366
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$1,208,812

Purchase Details

Closed on
Oct 13, 2020
Sold by
Latierno William and Latierno Melissa
Bought by
Superior Development & Management Llc

Purchase Details

Closed on
May 13, 2008
Sold by
Stufko F Gail and Cawley Judith Anne
Bought by
Latierno William and Latierno Melissa

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
Cella Joshua $2,100,000 First American Title Insurance
Superior Development & Management Llc $1,765,000 Counsellors Title Agency Inc
Latierno William $935,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cella Joshua $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $2,100,000 -8.7% $841 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $2,299,900 -- $921 / 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 $11,537 $1,256,800 $1,025,000 $231,800
2023 $10,733 $1,256,800 $1,025,000 $231,800
2022 $10,733 $1,256,800 $1,025,000 $231,800
2021 $10,381 $1,256,800 $1,025,000 $231,800
2020 $10,318 $1,256,800 $1,025,000 $231,800
2019 $8,872 $906,200 $650,000 $256,200
2018 $8,799 $906,200 $650,000 $256,200
2017 $8,890 $906,200 $650,000 $256,200
2016 $8,600 $906,200 $650,000 $256,200
2015 $8,419 $906,200 $650,000 $256,200
2014 $8,455 $906,200 $650,000 $256,200
Source: Public Records

Agents Affiliated with this Home

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22404093

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00008-0000-00005