NOT LISTED FOR SALE

Estimated Value: $528,000 - $745,000

2 Beds
1 Bath
528 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $560,000 $1,061 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,927/month

5 Days on Market

Highlights

  • Bayside
  • Cottage
  • 1 Car Detached Garage
  • No HOA
  • Oversized Lot
  • Enclosed patio or porch

About This Home

As of December 2023

LBI. This well-maintained charming beach cottage. The home sits on a 27 x 100 lot . This home has 2 bedrooms and 1 bath plus a screened-in back room and front living room. The property is located just a short walk from the white sandy beaches of LBI and all the fun activities that make Ship Bottom famous. Let us not forget the Zagat-rated restaurants. The bay beach is steps away and provides amazing sunsets and a breathtaking sunrise that only a laboriously loved island can provide. Own a piece of paradise.

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay License #1434999 Listed on: 11/15/2023

RE/MAX at Barnegat Bay

Last Buyer's Agent

Irene Santoro

RE/MAX at Barnegat Bay License #1434999 Listed on: 11/15/2023

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1913

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27 x 100
  • Oversized Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Unpaved Parking
  • On-Street Parking

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch
  • Shed

Location

  • Bayside

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Multiple cooling system units
  • No Heating
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00059-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

Built in 1913

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bayside, Oversized
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: Detached, Cottage/Bungalow
  • New Construction: No
  • Year Built: 1913
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.06
  • General Property Info Lot Dimensions: 27 x 100
  • General Property Info Farm: No
  • Location Middle School: Southern Reg
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Exterior Shed: Yes
  • Cooling Electric3: Yes
  • Parking Unpaved: Yes
  • Parking Oversized2: Yes
  • Lot Description Bayside2: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, None
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Waterfront: No
  • Exterior Features: Porch - Enclosed, Shed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Unpaved, On Street
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:None3: Yes
  • Heating:None: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 27 x 100
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 29-00059-0000-00017

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3038.0

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 29, 2023
Sold by
Orville W Ostmann Amended W and Orville Restated D
Bought by
Zhang Hui J
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay
Buyer's Agent
Irene Santoro
RE/MAX at Barnegat Bay
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Views
36
Current Estimated Value
$655,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,631
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Ostmann Orville W and Ostmann Harriet J
Bought by
Amended Orville W Ostmann and Dee Restated
Source: Public Records

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
Zhang Hui J $560,000 Stewart Title
Amended Orville W Ostmann -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $560,000 -10.4% $1,061 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $625,000 -- $1,184 / 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 $3,296 $286,900 $225,100 $61,800
2023 $3,038 $286,900 $225,100 $61,800
2022 $3,038 $286,900 $225,100 $61,800
2021 $3,024 $286,900 $225,100 $61,800
2020 $3,033 $286,900 $225,100 $61,800
2019 $3,035 $286,900 $225,100 $61,800
2018 $3,041 $286,900 $225,100 $61,800
2017 $2,843 $286,900 $225,100 $61,800
2016 $2,720 $245,700 $186,300 $59,400
2015 $2,654 $245,700 $186,300 $59,400
2014 $2,651 $245,700 $186,300 $59,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22331784

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00059-0000-00017