NOT LISTED FOR SALE

Estimated Value: $1,771,000 - $3,555,000

0.16 Acre
$15,081,356 Price per Acre
6,970 Sq Ft Lot

Last Sold June 13, 2022

Last sale price $1,499,000

Est. 61% increase in value since last sale

Current estimated payment $13,748/month

30 Days on Market

Highlights

  • River View
  • Wolf Hill Elementary School Rated A-
  • Garage

About This Lot

As of June 2022

Rare opportunity to build your dream waterfront home! Beautiful lot with exquisite location along the Shrewsbury River. Enjoy stunning sunsets with expansive views of the Shrewsbury and Navesink Rivers. Coastal living at it's finest, steps away from ocean access! New bulkhead. Added bonus: 2 sets of architectural plans to build an approximately 3500. sq foot home are included.

Last Agent to Sell the Property

Maureen Kaltenbach

Better Homes and Gardens Real Estate Murphy & Co. License #1649943 Listed on: 04/09/2022

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

Charles Palmadesso

Berkshire Hathaway HomeServices Fox & Roach - Red Bank License #0343524

Berkshire Hathaway HomeServices Fox & Roach - Red Bank

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,351

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66 x 105
  • River Front
  • Cleared Lot

Parking

  • Garage

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • River Views
  • Bulkhead

Listing and Financial Details

  • Assessor Parcel Number 42-00026-0000-00006

Property Details

Property Type

Land

Est. Annual Taxes

$10,351

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Riverview, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.16
  • General Property Info Lot Dimensions: 66 x 105
  • Location Middle School: Maple Place
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Lot Description Bulkhead2: Yes
  • Water Type Bulkhead: Yes
  • Water Type Riverfront: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Water Type Riverview: Yes
  • Lot Description Cleared: Yes
  • Lot Description Riverview3: Yes
  • Out Buildings Garage5: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.16
  • Waterfront Features: Bulkhead, Riverfront, Riverview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 66 x 105
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 42-00026-0000-00006
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10351.0

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 10, 2022
Sold by
Fiske Wise and Fiske Kaye
Bought by
Palmadesso Jeffrey and Palmadesso Janice
Seller's Agent
Maureen Kaltenbach
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Charles Palmadesso
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$1,499,000
Sold Price
$1,499,000
Current Estimated Value
$2,413,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,017
Avg. Annual Appreciation
14.84%
Original Mortgage
$749,500
Outstanding Balance
$284,268
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,128,749

Purchase Details

Listed on
Apr 9, 2022
Closed on
Jun 1, 2022
Sold by
Johnson Harry N
Bought by
Wise Edward and Wise Kaye Fisice
Seller's Agent
Maureen Kaltenbach
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Charles Palmadesso
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
List Price
$1,499,000
Sold Price
$1,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,500
Outstanding Balance
$284,268
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,128,749

Purchase Details

Closed on
Sep 2, 2021
Sold by
Newhard Henry Thomas
Bought by
Wise Edward and Wise Kaye Fiske

Purchase Details

Closed on
Aug 25, 2021
Sold by
Johnson Pamela and Case Pamela
Bought by
Wise Edward and Wise Kaye Fiske

Purchase Details

Closed on
Aug 10, 2021
Sold by
Case Charles Paul
Bought by
Wise Edward and Wise Kaye Fiske

Purchase Details

Closed on
Jun 5, 2021
Sold by
Kirk Melody
Bought by
Wise Edward and Wise Kaye Fiske

Purchase Details

Closed on
Jun 3, 2021
Sold by
Westerman Liane M
Bought by
Wise Edward and Wise Kaye Fiske

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 17, 2021
Sold by
Marty Jesse Patrick
Bought by
Wise Edward and Wise Kaye Fiske
Seller's Agent
Karin Busichio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%

Purchase Details

Listed on
May 29, 2019
Closed on
Nov 14, 2019
Sold by
Farrell Irene M and Mcnaughton Kathy M
Bought by
Harty Jesse Patrick
Seller's Agent
Mario Venancio
Gloria Nilson & Co. Real Estate
Buyer's Agent
Barbara Carr Mahon
Weichert Realtors-Rumson
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.52%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Farrell Irene M
Bought by
Farrell Irene M

Purchase Details

Closed on
Sep 18, 2017
Sold by
Farrell Irene M
Bought by
Farrell Irene M

Purchase Details

Closed on
May 13, 2013
Sold by
Farrell Irene M
Bought by
Farrell Irene M and Farrell James

Purchase Details

Closed on
Jan 30, 2006
Sold by
Farrell James
Bought by
Farrell James and Farrell Irene
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 Buyer Sale Price Title Company
Palmadesso Jeffrey $1,499,000 Foundation Title
Palmadesso Jeffrey $1,499,000 Foundation Title
Wise Edward -- None Listed On Document
Wise Edward -- None Available
Wise Edward -- None Available
Wise Edward -- None Available
Wise Edward -- None Available
Wise Edward -- None Available
Wise Edward $1,500,000 Two Rivers Title Company Llc
Wise Edward $1,500,000 Two Rivers Title
Harty Jesse Patrick $875,000 Chicago Title Insurance Co
Farrell Irene M -- Commonwealth Title
Farrell Irene M -- --
Farrell Irene M -- None Available
Farrell James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmadesso Jeffrey $749,500
Closed Palmadesso Jeffrey $749,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $1,499,000 0.0% --
04/09/2022 04/09/22 For Sale $1,499,000 -0.1% --
03/18/2021 03/18/21 Sold $1,500,000 -6.3% -- View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $1,600,000 +82.9% --
11/15/2019 11/15/19 Sold $875,000 -- -- View Prior Sale
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 $12,358 $1,439,400 $1,413,700 $25,700
2024 $11,717 $1,292,700 $1,268,700 $24,000
2023 $11,717 $1,144,200 $1,123,400 $20,800
2022 $10,343 $932,000 $912,000 $20,000
2021 $10,343 $831,400 $812,000 $19,400
2020 $10,896 $848,600 $797,000 $51,600
2019 $10,829 $798,000 $747,000 $51,000
2018 $11,028 $768,000 $717,000 $51,000
2017 $10,919 $748,400 $699,000 $49,400
2016 $9,016 $690,900 $644,000 $46,900
2015 $9,270 $474,600 $289,700 $184,900
2014 $10,556 $541,100 $364,700 $176,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22210246

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00026-0000-00006