NOT LISTED FOR SALE

Estimated Value: $1,335,000 - $2,823,000

4 Beds
3 Baths
2,434 Sq Ft
$938/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $745,000 $306 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $13,564/month

Highlights

  • 60 Feet of Waterfront
  • Parking available for a boat
  • Bay View
  • 1 Boat Dock
  • Home fronts a lagoon or estuary
  • Open Floorplan

About This Home

As of November 2015

Deep water lagoon front property with a nicely appointed 2,500 square foot home. House sustained damage from Sandy and has been totally and professionally put back together better than original. New kitchen cabinets, new appliances. New flooring, countertops. New hot water heater, new gas hot water baseboard heat. New wiring, lighting and 200 amp electrical service. New replacement windows throughout. Easy to show.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 10/14/2014

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

(609) 661-5002 edwardfreeman@remax.net RE/MAX at Barnegat Bay - Ship Bottom License #0562673 Listed on: 10/14/2014

RE/MAX at Barnegat Bay - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,832

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 60x125
  • Home fronts a lagoon or estuary
  • 60 Feet of Waterfront
  • Property is zoned R1, R1

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Off-Street Parking
  • Parking available for a boat

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,434 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Bay Views
  • Crawl Space
  • Storage In Attic
  • Storm Doors
  • Dryer

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Deck
  • Porch

Location

  • Flood Risk

Utilities

  • Central Air
  • Humidifier
  • Hot Water Heating System
  • Propane Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 29-00083-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,832

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • New Construction: No
  • Storage: Attic, Garage
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Remarks Public: Deep water lagoon front property with a nicely appointed 2,500 square foot home. House sustained damage from Sandy and has been totally and professionally put back together better than original. New kitchen cabinets, new appliances. New flooring, countertops. New hot water heater, new gas hot water baseboard heat. New wiring, lighting and 200 amp electrical service. New replacement windows throughout. Easy to show.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Built-In Microwave, Oven/Range - Gas, Stove, Refrigerator
  • Flooring Type: Laminated, Fully Carpeted
  • Interior Amenities: Attic, Floor Plan - Open, Entry Level Bedroom, Primary Bath(s), Stall Shower
  • Window Features: Double Hung, Insulated, Screens
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2434
  • Living Area Sq Ft: 2434
  • Price Per Sq Ft: 332.79
  • Above Grade Finished Sq Ft: 2434
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 316

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Wood Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage, Outside Shower
  • Roof: Shingle
  • View: Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 60

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Hot Water, Humidifier
  • Heating: Yes
  • Hot Water: Propane
  • 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: 232500.00
  • Land Assessed Value: 517000.00
  • Lot Features: Bulkheaded
  • Lot Dimensions: 60x125
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076646
  • Tax Annual Amount: 7832.00
  • Assessor Parcel Number: 29-00083-0000-00010
  • Tax Lot: 10
  • Tax Year: 2013
  • Close Date: 11/05/2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Nov 5, 2015
Sold by
Estate Of Edward K Trowbridge
Bought by
Borrows Steven and Borrows Barbara
Seller's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay - Ship Bottom
List Price
$895,000
Sold Price
$745,000
Premium/Discount to List
-$150,000
-16.76%
Current Estimated Value
$2,282,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,537,204
Avg. Annual Appreciation
12.99%
Original Mortgage
$596,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1987
Bought by
Trowbridge Edward K and Trowbridge Marie C
Source: Public Records

Range of Values:

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Average Value
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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
Borrows Steven $745,000 None Available
Trowbridge Edward K $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borrows Steven $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2015 11/05/15 Sold $745,000 -37.9% $306 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
06/19/2015 06/19/15 Sold $1,200,000 -3.9% $400 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $1,249,000 +39.6% $417 / Sq Ft
10/14/2014 10/14/14 For Sale $895,000 -- $368 / 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 $17,564 $1,457,600 $572,000 $885,600
2024 $16,748 $1,457,600 $572,000 $885,600
2023 $15,165 $1,432,000 $572,000 $860,000
2022 $15,165 $1,432,000 $572,000 $860,000
2021 $15,093 $1,432,000 $572,000 $860,000
2020 $15,136 $1,432,000 $572,000 $860,000
2019 $6,052 $572,000 $572,000 $0
2018 $6,063 $572,000 $572,000 $0
2017 $8,422 $849,800 $572,000 $277,800
2016 $8,432 $761,700 $517,000 $244,700
2015 $8,226 $761,700 $517,000 $244,700
2014 $8,087 $749,500 $517,000 $232,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC206336

Bright MLS

APN: 29-00083-0000-00010