NOT LISTED FOR SALE

270 W 7th St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,056,913 - $1,273,000

4 Beds
4 Baths
1,600 Sq Ft
$742/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $636,000 $398 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,828/month

Highlights

  • Bayside
  • 2 Car Attached Garage
  • Dwelling with Separate Living Area
  • No HOA
  • Forced Air Heating and Cooling System
  • En-Suite Bathroom

About This Home

As of January 2019

A RARE MOTHER/DAUGHTER ON LBI ON HUGE 80X100 LOT! Nestled in Ship Bottom with walking distance to the ocean, bay, parks, and school. This property has a total of 4 bedroom 2 full baths, 2 half baths between the both sides. Completely renovated with in the 2 years, just bring your furniture and move right in. The property also includes a stacker /washer dryer, roof top deck, 2 year old shed, screened in garage for many different types of use, room for a pool. The list keeps going and going. Saving the best for last, this property has a ZERO electrical bill due to the fact the owner owns the solar panels on the roof and can transfer the profit sharing. Not only zero electrical payments, but get paid!!! Do not let this rare lbi mother / daughter slip away!

Last Agent to Sell the Property

Matthew Garabedian

(201) 376-5552 mattg@garabedianrealtygroup.com Garabedian Realty Group, LLC Listed on: 07/09/2018

Last Buyer's Agent

Matthew Garabedian

(201) 376-5552 mattg@garabedianrealtygroup.com Garabedian Realty Group, LLC Listed on: 07/09/2018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1980

Lot Details

  • 8,015

Parking

  • 2 Car Attached Garage

Home Design

  • Semi-Detached or Twin Home
  • Shingle Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Additional Features

  • Lot Dimensions are 80x100
  • Dwelling with Separate Living Area
  • Bayside
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 29-00109-0000-00014

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,276

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling W/Separate Living Area
  • Ownership: Fee Simple
  • Exclusions: furniture
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: A RARE MOTHER/DAUGHTER ON LBI ON HUGE 80X100 LOT! Nestled in Ship Bottom with walking distance to the ocean, bay, parks, and school. This property has a total of 4 bedroom 2 full baths, 2 half baths between the both sides. Completely renovated with in the 2 years, just bring your furniture and move right in. The property also includes a stacker /washer dryer, roof top deck, 2 year old shed, screened in garage for many different types of use, room for a pool. The list keeps going and going. Saving the best for last, this property has a ZERO electrical bill due to the fact the owner owns the solar panels on the roof and can transfer the profit sharing. Not only zero electrical payments, but get paid!!! Do not let this rare lbi mother / daughter slip away!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Primary Bath(s)
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 12
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 405.63
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 270

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 161900.00
  • Land Assessed Value: 370500.00
  • Lot Dimensions: 80x100
  • Zoning: RES
  • Zoning Description: res

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3077025
  • Tax Annual Amount: 5276.00
  • Assessor Parcel Number: 29-00109-0000-00014
  • Tax Lot: 14
  • Tax Year: 2017
  • Close Date: 01/25/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jan 25, 2019
Sold by
270 W 7Th Llc
Bought by
Gomes Frank R and Gomes Maria S
Seller's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
Buyer's Agent
Matthew Garabedian
Garabedian Realty Group, LLC
List Price
$649,000
Sold Price
$636,000
Premium/Discount to List
-$13,000
-2%
Current Estimated Value
$1,186,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,978
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Sep 25, 2015
Sold by
Pallante Joseph and Pallante Michelle M
Bought by
270 W 7Th Llc

Purchase Details

Listed on
Sep 16, 2014
Closed on
Dec 15, 2014
Sold by
Wagner Eric T
Bought by
Pallante Joseph and Pallante Michelle M
Seller's Agent
Willy Kahl
Jersea Realty, LLC - SB
Buyer's Agent
Laura Serpentellii
Keller Williams Realty - Atlantic Shore
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$155,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2001
Sold by
Reed Marc
Bought by
Dickman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.93%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Philbin Edward
Bought by
Reed Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
8.48%

Purchase Details

Closed on
May 13, 1996
Sold by
Porter David
Bought by
Wagner Eric T
Source: Public Records

Range of Values:

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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
Gomes Frank R $634,000 Trident Abstract Title Agenc
270 W 7Th Llc -- None Available
270 W 7Th Llc -- Attorney
Pallante Joseph $460,000 Commonwealth Title
Dickman Michael $322,000 --
Reed Marc $291,005 --
Reed Marc $291,005 --
Wagner Eric T $145,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pallante Joseph $155,000
Previous Owner Dickman Michael $222,000
Previous Owner Reed Marc $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2019 01/25/19 Sold $636,000 -2.0% $398 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
07/09/2018 07/09/18 For Sale $649,000 +41.1% $406 / Sq Ft
12/15/2014 12/15/14 Sold $460,000 -8.0% $348 / Sq Ft View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $499,900 -- $379 / 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 $6,415 $532,400 $370,500 $161,900
2024 $6,117 $532,400 $370,500 $161,900
2023 $5,638 $532,400 $370,500 $161,900
2022 $5,638 $532,400 $370,500 $161,900
2021 $5,612 $532,400 $370,500 $161,900
2020 $5,627 $532,400 $370,500 $161,900
2019 $5,633 $532,400 $370,500 $161,900
2018 $5,643 $532,400 $370,500 $161,900
2017 $5,276 $532,400 $370,500 $161,900
2016 $5,206 $470,300 $330,000 $140,300
2015 $5,079 $470,300 $330,000 $140,300
2014 $5,075 $470,300 $330,000 $140,300
Source: Public Records

Agents Affiliated with this Home

  • Matthew Garabedian

    Seller's Agent in 2019

    Matthew Garabedian

    Garabedian Realty Group, LLC

    (201) 376-5552

    45 in this area

    61 Total Sales

    Matthew Garabedian
    Section Image
  • Willy Kahl

    Seller's Agent in 2014

    Willy Kahl

    Jersea Realty, LLC - SB

    (609) 709-1020

    31 in this area

    35 Total Sales

    Willy Kahl
    Section Image
  • Laura Serpentellii

    Buyer's Agent in 2014

    Laura Serpentellii

    Keller Williams Realty - Atlantic Shore

    (732) 278-2171

    2 in this area

    16 Total Sales

    Laura Serpentellii
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC151316

Bright MLS

APN: 29-00109-0000-00014

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

270 W 7th St, Ship Bottom, NJ

This home is located at 270 W 7th St, Ship Bottom, NJ 08008 since 09 July 2018 and is currently estimated at $1,186,978, approximately $741 per square foot. This property was built in 1980. 270 W 7th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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