Seller's Agent in 2025
Drew Guarino
RE/MAX
(609) 354-2278
48 in this area
67 Total Sales
334 W 5th St Ship Bottom, NJ 08008
Long Beach Island Neighborhood
5
Beds
2
Baths
2,124
Sq Ft
5,998
Sq Ft Lot
Highlights
- Cape Cod Architecture
- Wood Flooring
- 1 Car Detached Garage
- Property fronts the bay but unit may not have water views
- No HOA
- Built-In Features
About This Home
As of April 2025This meticulously kept and recently updated 5 bedroom, 2 bath Cape is the rare opportunity to purchase a spacious, move-in-condition home on LBI at this price point!
The updated kitchen boasts stainless steel appliances, granite countertops, and white cabinets, while the newly renovated bathrooms feature modern coastal finishes that complement the charming Cape Cod aesthetic, highlighted by the natural light hardwood floors throughout. Step out back to a spacious deck and a large yard, perfect for creating an outdoor oasis thanks to ample space granted by the oversized lot - not to mention the detached garage that provides space to store all your bikes and beach gear and is connected to the street by a new paver driveway. Located in the heart of Ship Bottom, just a short distance to the bay and less than half a mile to the bridge for easy on and off access, this home has everything to make for a perfect summer getaway, investment property, or year-round residence with plenty of storage thanks to new built-in systems in each bedroom and a full cedar walk-in closet in the primary. Walk to everything, including nearby pickleball and tennis courts, shops, restaurants, and attractions for the whole family, including The Local Market, Flamingo Golf, Endless Summer Arcade, and LBI Table! Schedule a tour to see this property today!
Last Agent to Sell the Property
(609) 354-2278 drew@guarinoteam.com RE/MAX at Barnegat Bay - Ship Bottom License #1968212 Listed on: 08/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,509
Year Built
- Built in 1970
Lot Details
- 5,998 Sq Ft Lot
- Lot Dimensions are 60.00 x 100.00
- Property fronts the bay but unit may not have water views
- Property is in very good condition
- Property is zoned R1
Parking
- 1 Car Detached Garage
- Parking Storage or Cabinetry
- Driveway
- On-Street Parking
Home Design
- Cape Cod Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 2,124 Sq Ft Home
- Property has 2 Levels
- Built-In Features
- Recessed Lighting
- Wood Flooring
Bedrooms and Bathrooms
- Cedar Closet
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Ship Bottom Subdivision
Listing and Financial Details
- Tax Lot 00026
- Assessor Parcel Number 29-00122-00026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Mar 24, 2025
Sold by
Venera L Hoerrmann Revocable Living Trus and Hoerrmann Venera L
Bought by
Balderson David
Seller's Agent
Drew Guarino
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,349,000
Sold Price
$1,325,000
Premium/Discount to List
-$24,000
-1.78%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,321
Avg. Annual Appreciation
6.53%
Original Mortgage
$725,000
Outstanding Balance
$721,127
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$661,194
Purchase Details
Listed on
Sep 7, 2023
Closed on
Oct 16, 2023
Sold by
Rahn James R and Rahn Patricia W
Bought by
Venera L Hoerrmann Revocable Living Trust and Hoermann
Seller's Agent
Dianna Ivanov
Keller Williams Village Square Realty
Buyer's Agent
Dianna Ivanov
Keller Williams Village Square Realty
List Price
$1,100,000
Sold Price
$1,100,000
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,325,000 | Old Republic Title | |
| Deed | $1,325,000 | Old Republic Title | |
| Bargain Sale Deed | $1,100,000 | Counsellors Title | |
| Bargain Sale Deed | $1,100,000 | Counsellors Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | New Conventional | |
| Closed | $725,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $1,325,000 | -1.8% | $624 / Sq Ft | |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- | |
| 12/11/2024 12/11/24 | Off Market | $1,349,000 | -- | -- | |
| 08/29/2024 08/29/24 | For Sale | $1,349,000 | +22.6% | $635 / Sq Ft | |
| 10/17/2023 10/17/23 | Sold | $1,100,000 | 0.0% | -- | View Prior Sale |
| 09/18/2023 09/18/23 | Pending | -- | -- | -- | |
| 09/07/2023 09/07/23 | For Sale | $1,100,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,509 | $540,200 | $325,000 | $215,200 |
| 2024 | $6,207 | $540,200 | $325,000 | $215,200 |
| 2023 | $5,721 | $540,200 | $325,000 | $215,200 |
| 2022 | $5,721 | $540,200 | $325,000 | $215,200 |
| 2021 | $5,694 | $540,200 | $325,000 | $215,200 |
| 2020 | $5,710 | $540,200 | $325,000 | $215,200 |
| 2019 | $5,715 | $540,200 | $325,000 | $215,200 |
| 2018 | $5,726 | $540,200 | $325,000 | $215,200 |
| 2017 | $5,353 | $540,200 | $325,000 | $215,200 |
| 2016 | $5,115 | $462,100 | $275,000 | $187,100 |
| 2015 | $4,991 | $462,100 | $275,000 | $187,100 |
| 2014 | $4,986 | $434,000 | $275,000 | $159,000 |
Source: Public Records
Agents Affiliated with this Home
-
Drew Guarino
-
datacorrect BrightMLS
d
Buyer's Agent in 2025
datacorrect BrightMLS
Non Subscribing Office
-
Dianna Ivanov
Seller's Agent in 2023
Dianna Ivanov
Keller Williams Village Square Realty
(201) 895-1768
8 in this area
101 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC2028288
APN: 29-00122-0000-00026
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