NOT LISTED FOR SALE

3113 Monmouth Ave Longport, NJ 08403

Estimated Value: $2,971,000 - $6,909,000

3 Beds
3 Baths
-- Sq Ft
8,059 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $3,020,000

Est. 67% increase in value since last sale

Current estimated payment $31,803/month

18 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Den
  • Boat Slip
  • Wood Flooring
  • Skylights

About This Home

As of June 2020

Don’t miss this rare opportunity & hidden gem...Spectacular bay front property located in the heart of Longport’s beautiful bay side strip. Superior views on an expansive 111 x 72 ft. double lot... with 111 ft. water frontage boasting 180 degrees of stunning seascape views. A water and boat lover’s oasis...there are two connected docks with slips that can accommodate 4 boats, PLUS an oversized 30 x 28 ft. deck over the water... ‘grandfathered-in’ and one - of only two decks of its kind - along the entire bay front strip! Also a safe, and perfect location for water activities, including swimming, paddle boarding and fishing. Rehab or build the McMansion of your dreams. This estate is also an incredible and stunning space for entertaining, if you choose. Current home owners held unforgettable 100 person sit-down family wedding on the deck over the water! Or, subdivide the lot and build two homes. Existing home features 3 bedrooms, 3 full bathrooms and an open layout with extensive wall-to-wall windows. Gas heat, central air, tile & hardwood floors and more. Property is being ‘Sold As Is’. Blocks from the beach, a short walk to some of the best restaurants in the area, 15 minutes from Atlantic City and an hour 1/2 from Philadelphia.

Last Agent to Sell the Property

Dorothy Phillips

BHHS FOX and ROACH-109 34th OC Listed on: 02/13/2020

BHHS FOX and ROACH-109 34th OC

Last Buyer's Agent

Denise Gibbons

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,392

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 111x72
  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Skylights
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Boat Slip
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,392

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 02/13/2020
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Trash Compactor, Washer
  • Fireplace: Built-In, Family Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Carbon Monoxide Detector, Security System, Storage, Skylight(s), Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Outside Shower, Porch
  • Siding Exterior: Wood
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Baseboard, Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Water View
  • Lot Dimensions: 111x72
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
May 21, 2020
Sold by
Esposito Louis J and Qualified Personal Residence T
Bought by
Pinky Pie Llc
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Denise Gibbons
NEW ERA REAL ESTATE-B
List Price
$3,295,000
Sold Price
$3,020,000
Premium/Discount to List
-$275,000
-8.35%
Current Estimated Value
$5,050,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,030,783
Avg. Annual Appreciation
10.35%
Original Mortgage
$2,265,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2020
Closed on
May 20, 2020
Sold by
Qualified Personal Residence Trust
Bought by
Pinky Pie Llc
Seller's Agent
Dorothy Phillips
BHHS FOX and ROACH-109 34th OC
Buyer's Agent
Denise Gibbons
NEW ERA REAL ESTATE-B
List Price
$3,295,000
Sold Price
$3,020,000
Premium/Discount to List
-$275,000
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1998
Sold by
Esposito Louis J
Bought by
Esposito Louis J
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
Pinky Pie Llc $3,020,000 None Available
Pinky Pie Llc $3,020,000 None Listed On Document
Esposito Louis J -- --
Esposito Louis J -- --
Esposito Anne J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pinky Pie Llc $5,000,000
Closed Pinky Pie Llc $2,500,000
Closed Pinky Pie Llc $2,500,000
Previous Owner Pinky Pie Llc $2,265,000
Previous Owner Pinky Pie Llc $2,265,000
Previous Owner Esposito Louis J $75,000
Previous Owner Esposito Louis J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Sold $3,020,000 -8.3% --
03/02/2020 03/02/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $3,295,000 -- --
Source: South Jersey Shore Regional 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 $51,392 $4,580,400 $2,434,400 $2,146,000
2024 $51,392 $4,580,400 $2,434,400 $2,146,000
2023 $46,399 $4,580,400 $2,434,400 $2,146,000
2022 $25,035 $2,471,400 $2,434,400 $37,000
2021 $24,047 $2,471,400 $2,434,400 $37,000
2020 $26,831 $2,721,200 $2,434,400 $286,800
2019 $26,777 $2,721,200 $2,434,400 $286,800
2018 $26,777 $2,721,200 $2,434,400 $286,800
2017 $26,232 $2,721,200 $2,434,400 $286,800
2016 $25,198 $2,721,200 $2,434,400 $286,800
2015 $24,681 $2,721,200 $2,434,400 $286,800
2014 $24,436 $2,721,200 $2,434,400 $286,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 533843

South Jersey Shore Regional MLS

APN: 15-00078-0000-00003