NOT LISTED FOR SALE

Estimated Value: $1,278,000 - $1,414,009

4 Beds
1.5 Baths
1,482 Sq Ft
$913/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $999,999 $675 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,675/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Multiple cooling system units
  • Property fronts the bay but unit may not have water views
  • 1 Car Detached Garage
  • Electric Baseboard Heater

About This Home

As of February 2022

A rare find in the peace and tranquility of Barnegat Light's north end, this oversized 90 x 125 lot sits 2nd off the Barnegat Bay. This parcel offers a blank canvas to draw your dream home and take advantage of the fantastic bay views with sunsets, wildlife and boats all within your sightline. Old Barney is perched in the right direction for your daily sunrise greeting. The beach at 12th street is magical and has so much natural habitat to take in while you stroll to the water's edge. If you walk or take a lift on the tram, the scenery on this street is gorgeous. This location enjoys quick and easy access to Viking Village and Downtown - just a few short blocks in either direction and you have all the best things that Barnegat Light has to offer. For those with water toys - boat, kayak, jet ski or SUP boards, you are in luck, the boat ramp is just 2 blocks away making it easy to enjoy your daily water excursion. This is a wonderful opportunity to create the quintessential beach house in Barnegat Light. Make your appointment today and start making plans tomorrow.

Last Agent to Sell the Property

Matt Kulinski

(609) 276-2602 mkulinski@ganderson.com G. Anderson Agency License #0119748 Listed on: 09/15/2021

Co-Listed By

Heather Supchak

(609) 492-1277 hsupchak@ganderson.com G. Anderson Agency License #0234938

Last Buyer's Agent

Nancy Spark

(609) 709-5060 nancygspark@gmail.com RE/MAX of Long Beach Island License #8336566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90.00 x 125.00
  • Property fronts the bay but unit may not have water views
  • Property is zoned R-A

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,482 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Location

  • Flood Risk

Utilities

  • Multiple cooling system units
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 02-00024-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,600

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: A rare find in the peace and tranquility of Barnegat Light's north end, this oversized 90 x 125 lot sits 2nd off the Barnegat Bay. This parcel offers a blank canvas to draw your dream home and take advantage of the fantastic bay views with sunsets, wildlife and boats all within your sightline. Old Barney is perched in the right direction for your daily sunrise greeting. The beach at 12th street is magical and has so much natural habitat to take in while you stroll to the water's edge. If you walk or take a lift on the tram, the scenery on this street is gorgeous. This location enjoys quick and easy access to Viking Village and Downtown - just a few short blocks in either direction and you have all the best things that Barnegat Light has to offer. For those with water toys - boat, kayak, jet ski or SUP boards, you are in luck, the boat ramp is just 2 blocks away making it easy to enjoy your daily water excursion. This is a wonderful opportunity to create the quintessential beach house in Barnegat Light. Make your appointment today and start making plans tomorrow.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1482
  • Living Area Sq Ft: 1482
  • Price Per Sq Ft: 775.30
  • Above Grade Finished Sq Ft: 1482
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176100.00
  • Land Assessed Value: 444000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 90.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Year Assessed: 2020
  • Zoning: R-A

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826114
  • Tax Annual Amount: 5600.00
  • Assessor Parcel Number: 02-00024-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 1482
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/25/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Feb 23, 2022
Sold by
Lore Deroze Trust
Bought by
Sheehan Brian and Sheehan Carolyn
Seller's Agent
Matt Kulinski
G. Anderson Agency
Buyer's Agent
Nancy Spark
RE/MAX of Long Beach Island
List Price
$1,250,000
Sold Price
$999,999
Premium/Discount to List
-$250,001
-20%
Current Estimated Value
$1,353,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,253
Avg. Annual Appreciation
8.64%
Original Mortgage
$799,999
Outstanding Balance
$746,116
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$607,136

Purchase Details

Closed on
Jun 22, 2005
Sold by
Deroze Lore
Bought by
Lore Deroze Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheehan Brian $999,999 Old Republic Title
Lore Deroze Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheehan Brian $799,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $999,999 -13.0% $675 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/16/2021 11/16/21 Price Changed $1,149,000 -4.2% $775 / Sq Ft
10/12/2021 10/12/21 Price Changed $1,199,000 -4.1% $809 / Sq Ft
09/15/2021 09/15/21 For Sale $1,250,000 -- $843 / Sq Ft
Source: Bright MLS

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
2025 $6,251 $620,100 $444,000 $176,100
2024 $5,525 $620,100 $444,000 $176,100
2023 $4,878 $620,100 $444,000 $176,100
2022 $5,128 $620,100 $444,000 $176,100
2021 $5,269 $620,100 $444,000 $176,100
2020 $5,600 $620,100 $444,000 $176,100
2019 $5,395 $620,100 $444,000 $176,100
2018 $5,302 $620,100 $444,000 $176,100
2017 $5,488 $620,100 $444,000 $176,100
2016 $5,095 $620,100 $444,000 $176,100
2015 $4,903 $620,100 $444,000 $176,100
2014 $5,358 $620,300 $444,000 $176,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC2003070

Bright MLS

APN: 02-00024-0000-00023