NOT LISTED FOR SALE

2428 Cedar St Manasquan, NJ 08736

Estimated Value: $884,000 - $1,337,858

3 Beds
2 Baths
1,512 Sq Ft
$700/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $385,000 $255 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $7,001/month

17 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Cooling Available
  • Backs to Trees or Woods

About This Home

As of May 2022

Attention Investors and Builders! A great residential opportunity in Manasquan Park. Backs to a wooded area. Value in the land. Structure on the property is distressed. House is a 3 bedroom 2 bathroom Cape Cod. Ready for your buyers to design and build their brand new dream home.

Last Agent to Sell the Property

Benjamin Sclarow

Coldwell Banker Realty Listed on: 03/31/2022

Last Buyer's Agent

Barrie Riddle

RE/MAX Bay Point Realtors License #7837952

RE/MAX Bay Point Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1937

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70 x 205
  • Backs to Trees or Woods

Home Design

  • Cape Cod Architecture
  • Slab Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • Paved Parking

Schools

  • Allenwood Elementary School
  • Wall Intermediate
  • Wall High School

Additional Features

  • 2-Story Property
  • Cooling Available
  • Basement

Community Details

  • No Home Owners Association
  • Manasquan Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52-00870-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,042

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods
  • Subdivision Name: Manasquan Park
  • Architectural Style: Cape
  • Reso Flooring: Cement
  • Year Built: 1937
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.33
  • General Property Info Lot Dimensions: 70 x 205
  • Location Middle School: Wall Intermediate
  • Lot Description Back to Woods: Yes
  • WaterSewer Public Water: Yes
  • Parking Asphalt: Yes
  • Garage None4: Yes
  • Style Cape: Yes
  • Special Features: None

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.33
  • Waterfront: No
  • Exterior Features: Other
  • Foundation Details: Slab

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Wall Intermediate

Lot Info

  • Lot Dimensions: 70 x 205
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 52-00870-0000-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5042.0

MLS Schools

  • Elementary School: Allenwood
  • High School: Wall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Pearce and Wendy
Bought by
Rich Gary J and Rich Ann
Current Estimated Value
$1,057,965

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 13, 2022
Sold by
Sc Realty Holdings Iii
Bought by
Pearce Michael D and Pearce Wendy G
Seller's Agent
Benjamin Sclarow
Coldwell Banker Realty
Buyer's Agent
Barrie Riddle
RE/MAX Bay Point Realtors
List Price
$299,900
Sold Price
$385,000
Premium/Discount to List
$85,100
28.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.51%

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 16, 2022
Sold by
Sheriff Of The County Of Monmouth
Bought by
Toorak Capital Partners Llc and Martin Happle And Tvc Funding Iv Llc
Seller's Agent
Benjamin Sclarow
Coldwell Banker Realty
Buyer's Agent
Barrie Riddle
RE/MAX Bay Point Realtors
List Price
$299,900
Sold Price
$385,000
Premium/Discount to List
$85,100
28.38%

Purchase Details

Closed on
Mar 13, 2019
Sold by
Eclipse Hd Llc
Bought by
Nova Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,902
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2018
Sold by
Monmouth County Sheriff
Bought by
Eclipse Hd Llc

Purchase Details

Closed on
May 11, 1995
Sold by
Scafidi Salvatore
Bought by
Kulick William and Kulick Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.31%
Mortgage Type
FHA
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
Rich Gary J $955,000 Investment Title
Rich Gary J $955,000 Investment Title
Pearce Michael D $385,000 Fidelity National Title
Pearce Michael D $385,000 Fidelity National Title
Toorak Capital Partners Llc $1,000 None Listed On Document
Nova Ventures Llc $262,000 Foundation Title Llc
Eclipse Hd Llc $182,000 First American Title
Kulick William $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nova Ventures Llc $661,902
Previous Owner Kulick William $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $385,000 +28.4% $255 / Sq Ft
03/31/2022 03/31/22 For Sale $299,900 -- $198 / 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
2025 $16,439 $779,100 $229,200 $549,900
2024 $4,692 $779,100 $229,200 $549,900
2023 $4,692 $229,200 $229,200 $0
2022 $5,031 $252,500 $229,200 $23,300
2021 $5,031 $252,500 $229,200 $23,300
2020 $8,028 $406,900 $229,200 $177,700
2019 $7,930 $406,900 $229,200 $177,700
2018 $7,861 $406,900 $229,200 $177,700
2017 $7,707 $406,900 $229,200 $177,700
2016 $7,544 $406,900 $229,200 $177,700
2015 $6,357 $215,500 $143,600 $71,900
2014 $6,278 $217,700 $145,800 $71,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22209074

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 52-00870-0000-00017