NOT LISTED FOR SALE

240 Newark Ave Lavallette, NJ 08735

Estimated Value: $1,261,000 - $1,699,000

4 Beds
2 Baths
1,600 Sq Ft
$935/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $475,000 $297 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $8,515/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Living Room
  • Deck
  • No HOA
  • Laundry Room

About This Home

As of March 2013

WEST POINT ISLAND Walk to nearby bay beach & playground from this 4 bedroom, 2 bath Colonial on a large 50 ft. x 140 ft. property in lovely West Point Island. First level has been gutted due to water damage from Sandy, 2nd level sustained no damage.

Last Agent to Sell the Property

E. Lee Childers Jr.

Childers Sotheby's Intl Realty Listed on: 01/08/2013

Last Buyer's Agent

Sherry Iorillo

Childers Sotheby's Intl Realty License #0342155

Childers Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 1966

Lot Details

  • 7,013

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Living Room
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lavallette Elementary School

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 50 x 140

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00963000000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,882

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs
  • Year Built: 1966
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 X 140
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Kitchen Floor - Ceramic4: Yes
  • ExteriorDeck: Yes
  • Living Room Sliding Door2: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck

Garage/Parking

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

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 140
  • Parcel #: 00963000000008
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4882.0

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2013
Closed on
Mar 12, 2013
Sold by
Schroeder Kimberly A
Bought by
Pellitteri Matthew J and Pellitteri Geraldine
Seller's Agent
E. Lee Childers Jr.
Childers Sotheby's Intl Realty
Buyer's Agent
Sherry Iorillo
Childers Sotheby's Intl Realty
Sold Price
$475,000
Current Estimated Value
$1,466,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,134
Avg. Annual Appreciation
9.29%
Original Mortgage
$412,000
Outstanding Balance
$296,088
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,133,798

Purchase Details

Closed on
Feb 7, 2007
Sold by
Schroeder Kimberly A
Bought by
Schroeder Maureen
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
Pellitteri Matthew J $475,000 None Available
Schroeder Maureen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellitteri Matthew J $412,000
Previous Owner Schroeder Maureen $75,000
Previous Owner Schroeder Kimberly A $28,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $475,000 -- $297 / 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 $5,861 $638,400 $422,500 $215,900
2023 $5,306 $638,400 $422,500 $215,900
2022 $5,306 $621,300 $422,500 $198,800
2021 $5,132 $621,300 $422,500 $198,800
2020 $5,101 $621,300 $422,500 $198,800
2019 $5,394 $551,000 $412,500 $138,500
2018 $5,350 $551,000 $412,500 $138,500
2017 $5,405 $551,000 $412,500 $138,500
2016 $5,229 $551,000 $412,500 $138,500
2015 $5,119 $551,000 $412,500 $138,500
2014 $5,141 $551,000 $412,500 $138,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    E. Lee Childers Jr.

    Childers Sotheby's Intl Realty

  • Sherry Iorillo

    Buyer's Agent in 2013

    Sherry Iorillo

    Childers Sotheby's Intl Realty

    (732) 300-0648

    1 Total Sale

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21300781

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00963-0000-00008

New Jersey Ocean County Lavallette 08735

240 Newark Ave, Lavallette, NJ

This home is located at 240 Newark Ave, Lavallette, NJ 08735 since 08 January 2013 and is currently estimated at $1,496,493, approximately $935 per square foot. This property was built in 1966. 240 Newark Ave is a home located in Ocean County with nearby schools including Lavallette Elementary 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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