$525,000
SOLD DEC 4, 2020
0.09 Acre
$5,833,333 Price per Acre
4,000 Sq Ft Lot

Recently Sold

18 Days on Market

About This Lot

As of April 2022

LAND suitable to build in LBI. Build your dream home in gorgeous Long Beach Island in south jersey. This 40 x 100 lot will provide a home design large enough to accommodate 4 plus bedrooms and 2.5 baths. Lots of balconies and a roof top deck which will provide an awesome view of the bay. Design the yard to also include a pool and stone barbeque area. Our beaches are immaculate and amazing. The property is located on the bayside which is quiet and charming, but just a short walk to the white sandy beach of LBI. The Zagat rated restaurants, fun shops, boutiques, miniature golf and other activities are all within walking distance.

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay - Ship Bottom Listed on: 10/23/2020

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Carol Calamari

The Agency - Rutherford License #0124963

The Agency - Rutherford

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,068

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Property is zoned R2

Location

  • Flood Risk
  • Bayside

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 29-00059-00025

Property Details

Property Type

Land

Est. Annual Taxes

$3,068

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Investment
  • New Construction: No
  • Federal Flood Zone: Yes
  • Automatically Close On Close Date: No
  • Remarks Public: LAND suitable to build in LBI. Build your dream home in gorgeous Long Beach Island in south jersey. This 40 x 100 lot will provide a home design large enough to accommodate 4 plus bedrooms and 2.5 baths. Lots of balconies and a roof top deck which will provide an awesome view of the bay. Design the yard to also include a pool and stone barbeque area. Our beaches are immaculate and amazing. The property is located on the bayside which is quiet and charming, but just a short walk to the white sandy beach of LBI. The Zagat rated restaurants, fun shops, boutiques, miniature golf and other activities are all within walking distance.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 131.25
  • Street Number Modifier: 268

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40 X 100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2020
  • Zoning: R2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: R2

Tax Info

  • Assessor Parcel Number: 3076248
  • Tax Annual Amount: 3068.00
  • Assessor Parcel Number: 29-00059-00025
  • Tax Lot: 25
  • Tax Year: 2019
  • Close Date: 12/04/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Jan 14, 2021
Sold by
Hoff-Smith Kimberly Marie
Bought by
321 Liberty Ave Llc
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Carol Calamari
The Agency - Rutherford
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$1,777,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,252,829
Avg. Annual Appreciation
27.73%

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 7, 2020
Sold by
321 Liberty Ave Llc
Bought by
Hoff Smith Kimberly Marie
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Carol Calamari
The Agency - Rutherford
List Price
$525,000
Sold Price
$525,000

Purchase Details

Closed on
Sep 20, 2000
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 Type Sale Price Title Company
Bargain Sale Deed $525,000 None Listed On Document
Bargain Sale Deed $525,000 Property Transfer Services
Quit Claim Deed $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $1,750,000 0.0% --
04/07/2022 04/07/22 Sold $1,750,000 -1.4% $765 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,775,000 0.0% --
02/01/2022 02/01/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $1,775,000 +238.1% $775 / Sq Ft
12/04/2020 12/04/20 Sold $525,000 0.0% --
11/10/2020 11/10/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $525,000 -- --
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
2024 $12,022 $1,046,300 $290,000 $756,300
2023 $11,058 $1,046,300 $290,000 $756,300
2022 $3,071 $290,000 $290,000 $0
2021 $3,053 $290,000 $290,000 $0
2020 $3,065 $290,000 $290,000 $0
2019 $3,068 $290,000 $290,000 $0
2018 $3,074 $290,000 $290,000 $0
2017 $2,874 $290,000 $290,000 $0
2016 $2,657 $240,000 $240,000 $0
2015 $2,592 $240,000 $240,000 $0
2014 $3,340 $309,500 $240,000 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC404450

Bright MLS

APN: 29-00059-0000-00025