NOT LISTED FOR SALE

Estimated Value: $931,000 - $1,024,461

0.13 Acre
$7,296,500 Price per Acre
5,837 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $700,000

Est. 42% increase in value since last sale

Current estimated payment $6,259/month

50 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property near a lagoon
  • Level Lot
  • Home fronts a lagoon or estuary
  • Bayside
  • 5-minute walk to Lake Avenue Playground and Beach

About This Lot

As of January 2021

One of the most spectacular lots in town located on the Bay and Lagoon with unobstructed views. A boaters paradise. Dock your boat with immediate access to the open bay, crab/fish off your own dock or walk 4 blocks to the ocean/beach. A nice street with other newer homes. Ready to build with all approvals for a 3700 sq ft 4 bedroom/3 bath home, 2 fireplaces, 3 season room, 2 car garage with extra storage, swimming pool, new bulkhead & much more. Open floor plan to take advantage of the breathtaking views. Riparian grant, building plans, CAFRA approved, ready to build. If you want to build a larger home, the contiguous lot is also available (MLS #21942820 ). If needed, we have a builder with pricing ready to build.

Last Agent to Sell the Property

Timothy Gillen

Gillen Realty Inc. License #8535813 Listed on: 10/21/2019

Co-Listed By

Laurie Kolan

Gillen Realty Inc. License #1861662

Last Buyer's Agent

Mary Nuziale

Weichert Realtors-Manalapan License #8836263

Weichert Realtors-Manalapan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,255

Lot Details

  • Lot Dimensions are 74 x 79
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot

Outdoor Features

  • Property near a lagoon
  • Electricity Available at Street
  • Bulkhead

Additional Features

  • Water Views
  • Bayside
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 28-00065-0000-00001-01

Property Details

Property Type

Land

Est. Annual Taxes

$6,255

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Bayfront, Bayside, Dead End Street, Lagoon, Level, Cleared, Finished Road
  • Co List Office Mls Id: 1316
  • Co List Office Phone: 732-240-9600
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 74 x 79
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bulkhead: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Bayfront: Yes
  • Lot Description Cleared: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Bayfront, Bulkhead, Lagoon
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 74 x 79
  • Parcel #: 28-00065-0000-00001-01
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6255.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 27, 2021
Sold by
Padula Filomena G
Bought by
Block 6 Lot 37 Inc
Seller's Agent
Timothy Gillen
Gillen Realty Inc.
Buyer's Agent
Mary Nuziale
Weichert Realtors-Manalapan
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$992,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,555
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Aug 16, 2018
Sold by
Padula Filomena G and Padula Jennifer A
Bought by
Padula Filomena G

Purchase Details

Closed on
Apr 4, 2018
Sold by
Padula Filomena G
Bought by
Padula Filoemena G and Padual Jennifer A

Purchase Details

Closed on
Jul 10, 2001
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
Block 6 Lot 37 Inc $700,000 Trident Abstract Ttl Agcy Ll
Padula Filomena G -- None Available
Padula Filoemena G -- None Available
Padula Filomena G -- None Available
-- $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $700,000 -6.7% --
03/19/2020 03/19/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $750,000 -- --
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 $9,905 $615,600 $615,600 $0
2023 $9,554 $615,600 $615,600 $0
2022 $9,554 $615,600 $615,600 $0
2021 $6,836 $450,000 $450,000 $0
2020 $6,764 $450,000 $450,000 $0
2019 $6,692 $450,000 $450,000 $0
2018 $6,255 $450,000 $450,000 $0
2017 $0 $857,100 $857,100 $0
2016 $12,561 $957,400 $857,100 $100,300
2015 $13,107 $957,400 $857,100 $100,300
2014 $12,523 $957,400 $857,100 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21942819

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00065-0000-00001