$9,000,000
SOLD AUG 12, 2025
7 Beds
7.5 Baths
10,015 Sq Ft
1.37 Acres

Recently Sold

$899 Per Sq Ft

0 Day on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Colonial Architecture
  • Sub-Zero Refrigerator
  • 1.37 Acre Lot
  • 5 Fireplaces

About This Home

As of August 2025

Spectacular 10,000-square-foot waterfront residence set along one of the most coveted stretches of Ocean Drive East. This exceptional property offers a rare opportunity to enjoy direct beach access while remaining outside the flood zone. The beautifully landscaped grounds create a private oasis, leading to the beach just steps from your backyard. Relax by the sparkling pool or unwind on the expansive deck as eagles and ospreys soar overhead. A true once-in-a-lifetime opportunity to own one of the most distinguished homes in Shippan.

Last Agent to Sell the Property

Joshua Weisman

William Raveis Real Estate License #RES.0797116 Listed on: 08/12/2025

William Raveis Real Estate

Last Buyer's Agent

Joshua Weisman

William Raveis Real Estate License #RES.0797116 Listed on: 08/12/2025

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,864

Year Built

  • Built in 2001

Lot Details

  • 1.37 Acre Lot
  • Waterfront
  • Level Lot
  • Property is zoned R20

Parking

  • 3 Car Garage

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Frame Construction
  • Shake Siding

Interior Spaces

  • 10,015 Sq Ft Home
  • 5 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Sub-Zero Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 349108

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,864

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Neighborhood: Shippan
  • Property Type: Single Family For Sale
  • Style: Colonial
  • Sq Ft Est Heated Above Grade: 10015
  • Total Sq Ft: 10015
  • Year Built: 2001
  • New Construction: No/Resale
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Directions: GPS
  • Financing Used: Cash
  • Street Type: Drive
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Fireplaces: 5
  • Basement Description: Full
  • Appliances: Gas Range, Subzero, Dishwasher, Washer, Electric Dryer
  • Attic: No

Exterior Features

  • Exterior Siding: Shake
  • Foundation Type: Concrete
  • Roof Information: Other
  • Waterfront Description: Ocean Frontage L. I. Sound Frontage
  • Swimming Pool: Yes
  • Pool: In Ground Pool
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Garage And Parking: Attached Garage

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 1.37
  • Lot Description: Level Lot
  • Zoning: R20
  • Parcel #: 349108

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 88864

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2025
Closed on
Aug 8, 2025
Sold by
Arthur Selkowitz Ret and Selkowitz
Bought by
Hansen Peter K
Seller's Agent
Joshua Weisman
William Raveis Real Estate
Buyer's Agent
Joshua Weisman
William Raveis Real Estate
List Price
$9,000,000
Sold Price
$9,000,000
Views
21
Current Estimated Value
$8,066,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$933,817
Avg. Annual Appreciation
-19.00%

Purchase Details

Closed on
Aug 2, 2018
Sold by
Selkowitz Betsey W
Bought by
Betsey W Selkowitz Ret and Selkowitz

Purchase Details

Closed on
Sep 12, 2002
Sold by
Delaney Michael E and Delaney Jamie I
Bought by
Ocean Dr Residence T and Verrillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1998
Sold by
Denham Mark and Denham Polly R
Bought by
Langston David W and Lanston Betty Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Deed -- --
Warranty Deed $4,900,000 --
Warranty Deed $4,900,000 --
Warranty Deed $730,000 --
Warranty Deed $730,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Purchase Money Mortgage
Previous Owner $445,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $9,000,000 0.0% $899 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
08/12/2025 08/12/25 For Sale $9,000,000 -- $899 / Sq Ft
Source: SmartMLS

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 $88,864 $3,715,050 $1,662,960 $2,052,090
2024 $86,784 $3,715,050 $1,662,960 $2,052,090
2023 $93,768 $3,715,050 $1,662,960 $2,052,090
2022 $83,907 $3,088,230 $1,346,160 $1,742,070
2021 $83,197 $3,088,230 $1,346,160 $1,742,070
2020 $81,375 $3,088,230 $1,346,160 $1,742,070
2019 $81,375 $3,088,230 $1,346,160 $1,742,070
2018 $78,843 $3,088,230 $1,346,160 $1,742,070
2017 $101,677 $3,781,210 $1,771,380 $2,009,830
2016 $98,765 $3,781,210 $1,771,380 $2,009,830
2015 $96,156 $3,781,210 $1,771,380 $2,009,830
2014 $93,736 $3,781,210 $1,771,380 $2,009,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24113464

SmartMLS

APN: STAM-000004-000000-002162

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