NOT LISTED FOR SALE

2012 Ocean Ave Belmar, NJ 07719

Estimated Value: $2,465,000 - $4,176,000

0.17 Acre
$18,690,372 Price per Acre
7,492 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $1,250,000 $556 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $19,303/month

101 Days on Market

About This Lot

As of July 2018

LOCATION, LOCATION, LOCATION. Ocean Avenue frontage: 75x100 Lot allows for incredible views. Cleared and ready to build. This is the epitome of Shore Living, a rare and wonderful opportunity to build exactly what you want. Wake up to the sparkling Atlantic Ocean. Experience Belmar's energy and astonishing growth... Just a quick stroll or bike ride to Asbury Park...yet Literally steps to beautiful Spring Lake. Live the Dream. Illustrations are just for reference to owners ground coverage estimates.

Last Agent to Sell the Property

Patrick Butera

RE/MAX Paradigm Realty Group Listed on: 02/19/2018

Last Buyer's Agent

Patrick Butera

Shore and Country, Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,651

Lot Details

  • Lot Dimensions are 75 x 100
  • Beach Front
  • Cleared Lot

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Additional Features

  • Ocean Views
  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 07-00200-0000-00012

Property Details

Property Type

Land

Est. Annual Taxes

$15,651

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Beachfront, Oceanfront, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 75 x 100
  • Location Middle School: Belmar
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Beachfront: Yes
  • Lot Description Beachfront2: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 75 x 100
  • Parcel #: 07-00200-0000-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15651.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Jul 17, 2018
Sold by
Limulidae Llc
Bought by
2012 Ocean Ave Llc
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,250,000
Current Estimated Value
$3,214,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,964,744
Avg. Annual Appreciation
13.05%

Purchase Details

Listed on
Jan 21, 2015
Closed on
Sep 10, 2015
Sold by
Spadoro George A
Bought by
Limulidae Llc
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$1,205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%

Purchase Details

Closed on
Aug 5, 2003
Sold by
Spadoro George
Bought by
Spadoro George
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2012 Ocean Ave Llc $1,250,000 Us Title
Limulidae Llc $1,205,000 Agent For Old Republic Natl
Spadoro George -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2018 07/13/18 Sold $1,250,000 +3.7% $556 / Sq Ft
09/11/2015 09/11/15 Sold $1,205,000 -- $536 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $28,720 $1,973,900 $1,225,000 $748,900
2024 $27,753 $1,973,900 $1,225,000 $748,900
2023 $27,753 $1,973,900 $1,225,000 $748,900
2022 $22,502 $1,973,900 $1,225,000 $748,900
2021 $22,502 $1,225,000 $1,225,000 $0
2020 $16,476 $1,225,000 $1,225,000 $0
2019 $16,476 $1,225,000 $1,225,000 $0
2018 $15,129 $1,225,000 $1,225,000 $0
2017 $15,651 $1,298,800 $1,225,000 $73,800
2016 $18,076 $945,900 $720,000 $225,900
2015 $18,728 $975,900 $750,000 $225,900
2014 $17,713 $915,400 $825,000 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21806252

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00200-0000-00012

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