$600,000
SOLD JAN 16, 2019
0.2 Acre
$3,000,000 Price per Acre
8,712 Sq Ft Lot

Recently Sold

129 Days on Market

Highlights

  • Water Views
  • Pool House
  • 0.2 Acre Lot
  • Guest House
  • Oceanside
  • Corner Lot

About This Lot

As of November 2024

RARE OPPORTUNITY to own a Double-Sized Lot on a Beach Block located in desirable Ortley Beach, only 2 blocks from Lavalette. Lot is zoned Multi Family, can easily put up a Duplex or possibly 3-family. Re-Zoned Mixed Use - General Business & Multi-Family. HUGE Opportunity to have Retail on First level w/ Townhouse/Units On Second Level... 3000+ SF Home and guest house on property was damaged in Sandy but first floor in main house has been gutted. Remodel existing home or knock down and rebuild. Endless possibilities with a lot this large located on a beach block! Wont last long!

Last Agent to Sell the Property

Salvatore Ventre

Real Broker, LLC- Point P License #1223429 Listed on: 02/17/2017

Last Buyer's Agent

Timothy O'Shea

Birchler Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,912

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 110 x 80
  • Corner Lot

Outdoor Features

  • Pool House
  • Oceanside

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • Water Views
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 08-01001-0000-00173-02

Property Details

Property Type

Land

Est. Annual Taxes

$7,912

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • Reso Other Structures: Guest House
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.2
  • General Property Info Lot Dimensions: 110 x 80
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Out Buildings Guest House: Yes
  • Out Buildings Pool House2: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.2
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Lot Info

  • Lot Dimensions: 110 x 80
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-01001-0000-00173-02
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7912.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Nov 22, 2024
Sold by
28 Third Avenue Llc
Bought by
Acqua Dul Mar Llc
Seller's Agent
Joy Bearden
Keller Williams Preferred Properties,Ship Bottom
Buyer's Agent
LuAnn Novak
C21/ Action Plus Realty
List Price
$1,895,000
Sold Price
$1,595,000
Premium/Discount to List
-$300,000
-15.83%
Views
210
Current Estimated Value
$1,583,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,378
Avg. Annual Appreciation
-1.02%

Purchase Details

Closed on
Mar 29, 2022
Sold by
28 Third Avenue Llc
Bought by
28 Third Avenue Llc

Purchase Details

Closed on
Aug 15, 1984
Bought by
Saracino, Paul- Estate
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,595,000 Fidelity National Title
Bargain Sale Deed $1,595,000 Fidelity National Title
Deed -- None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $678,084 New Conventional
Previous Owner $667,066 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $1,595,000 0.0% $654 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $1,595,000 -15.8% $654 / Sq Ft
03/06/2024 03/06/24 For Sale $1,895,000 +215.8% $777 / Sq Ft
01/16/2019 01/16/19 Sold $600,000 -- --
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 $20,454 $1,181,600 $508,500 $673,100
2023 $8,487 $508,500 $508,500 $0
2022 $8,487 $508,500 $508,500 $0
2021 $6,626 $264,500 $264,500 $0
2020 $6,597 $264,500 $264,500 $0
2019 $8,306 $348,100 $304,300 $43,800
2018 $8,194 $348,100 $304,300 $43,800
2017 $8,125 $348,100 $304,300 $43,800
2016 $7,912 $348,100 $304,300 $43,800
2015 $7,613 $348,100 $304,300 $43,800
2014 $7,639 $366,900 $304,300 $62,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21705976

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01001-0000-00173-02