NOT LISTED FOR SALE

311 Ocean Ave Belmar, NJ 07719

Estimated Value: $2,561,949 - $3,987,000

4 Beds
3.5 Baths
4,334 Sq Ft
$793/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $1,775,000 $410 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $19,863/month

94 Days on Market

Highlights

  • Beach Front
  • Indoor Spa
  • Deck
  • Ocean View
  • Custom Home
  • Marble Flooring

About This Home

As of March 2020

OCEANFRONT ESTATE! Casual elegance on a palatial scale stretched across 3 levels of functional and luxurious spaces directly across the street from the ocean with unobstructed views of the Atlantic. First floor with double door entry to vaulted foyer, which leads to an entertaining area with full bar and patio access, followed by two bedrooms, full bathroom, laundry area and two car garage. Main level is large and open with a dining area with coffered ceilings, family room with fire place and access to large back terrace. Chefs kitchen with custom cabinets and granite counter with ample space and stainless steel appliances opening to sitting area with two balconies. Third level has princess suite with private bathroom and AMAZING master suite with wall of windows, balcony, walk in closet, cathedral ceilings and spa like master bathroom with double sinks and soaking tub. Amazing yard and exterior with off street parking, paver patio, custom window iron work, sprinklers and multiple terraces. An amazing place to enjoy the Summer!

Last Agent to Sell the Property

Christopher Walsh

EXP Realty License #0452632 Listed on: 10/25/2019

EXP Realty

Last Buyer's Agent

Christopher Walsh

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,188

Year Built

  • Built in 1995

Lot Details

  • Lot Dimensions are 40 x 130
  • Beach Front
  • Oversized Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Custom Home
  • Contemporary Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Indoor Spa
  • Ocean Views
  • Attic

Kitchen

  • Stove
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck
  • Terrace
  • Porch

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00030-01-00001-06

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,188

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Oceanfront, Oversized
  • Inclusions: Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Custom, Shore Colonial, Contemporary
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Attic, Balcony, Built-Ins, French Doors, Hot Tub, Laundry Tub, Skylight, Wet Bar, Recessed Lighting
  • Year Built: 1995
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Lot Description Oceanfront2: Yes
  • Exterior Terrace: Yes
  • General Property Info Lot Dimensions: 40 x 130
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Rooms Garage4: Yes
  • ExteriorDeck: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen French Doors5: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Laundry Tub: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Floor - Ceramic2: Yes
  • Floors Marble: Yes
  • Water Type Beachfront: Yes
  • SidingStucco: Yes
  • Interior Hot Tub: Yes
  • Lot Description Beachfront2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Skylight: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Walk-in Closet2: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Beachfront, Oceanfront, Oceanview
  • Waterfront: Yes
  • Exterior Features: Balcony, Deck, Porch - Open, Terrace, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 40 x 130
  • Parcel #: 07-00030-01-00001-06
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 19188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Eliseo Robert and Eliseo Raphaella
Bought by
Kappoor Ramesh and Kappoor Neena
Current Estimated Value
$3,434,987

Purchase Details

Closed on
Dec 8, 2000
Sold by
Zimmerman Barry
Bought by
Eliseo Robert and Raphaella Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,750
Interest Rate
7.7%

Purchase Details

Closed on
Nov 9, 2000
Sold by
Zimmerman Barry
Bought by
Bussanich Nicholas and Busanic Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,750
Interest Rate
7.7%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Deritter Darlene
Bought by
Manfredi Claire

Purchase Details

Closed on
Nov 28, 1995
Sold by
Starbare Assoc
Bought by
Zimmerman Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.37%
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
Kappoor Ramesh $1,775,000 Clear To Close Title
Eliseo Robert $1,425,000 --
Bussanich Nicholas $215,000 --
Manfredi Claire $150,000 --
Zimmerman Barry $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eliseo Robert $815,750
Previous Owner Bussanich Nicholas $172,000
Previous Owner Zimmerman Barry $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $1,775,000 -- $410 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
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 $22,606 $1,553,700 $1,059,400 $494,300
2024 $21,845 $1,553,700 $1,059,400 $494,300
2023 $21,845 $1,553,700 $1,059,400 $494,300
2022 $21,084 $1,553,700 $1,059,400 $494,300
2021 $21,084 $1,553,700 $1,059,400 $494,300
2020 $20,897 $1,553,700 $1,059,400 $494,300
2019 $20,897 $1,553,700 $1,059,400 $494,300
2018 $19,188 $1,553,700 $1,059,400 $494,300
2017 $18,722 $1,553,700 $1,059,400 $494,300
2016 $24,381 $1,275,800 $586,500 $689,300
2015 $25,030 $1,304,300 $615,000 $689,300
2014 $26,618 $1,375,600 $686,300 $689,300
Source: Public Records

Agents Affiliated with this Home

  • Christopher Walsh

    Seller's Agent in 2020

    Christopher Walsh

    EXP Realty

    (732) 309-5502

    1 in this area

    151 Total Sales

    Christopher Walsh
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21943320

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00030-01-00001-06

New Jersey Monmouth County Belmar 07719

311 Ocean Ave, Belmar, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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