NOT LISTED FOR SALE

348 W Bayview Dr Lavallette, NJ 08735

Dover Beaches North Neighborhood

Estimated Value: $1,097,000 - $1,355,000

0.13 Acre
$9,477,846 Price per Acre
5,663 Sq Ft Lot

Last Sold March 10, 2021

Last sale price $750,000

Est. 64% increase in value since last sale

Current estimated payment $8,228/month

64 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Bayside
  • Corner Lot

About This Lot

As of March 2021

One of the finest water-front locations in all of Ocean Beach! This vacant lot sits at the very end of West Bayview Drive, surrounded on two sides by the Barnegat Bay. Enjoy unobstructed views of the sunset from a new home here that can be approximately 1,700 square feet, raised high with plenty of space beneath for storage, entertaining and/or parking. Corner lot provides approximately 160 feet of bulkhead so there is plenty of room for water vehicles. Lot is part of the Ocean Beach III community where homes are deed restricted to one living floor.

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 10/14/2020

Last Buyer's Agent

Brian Kachoogian

Gloria Nilson & Co. Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,437

Lot Details

  • 5,663 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Corner Lot
  • Irregular Lot

Additional Features

  • Bay Views
  • Bayside
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 08-00922-01-00043

Community Details

Overview

  • Ocean Beach Subdivision

Recreation

  • Electricity Available at Street
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$8,437

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other, Bulkhead, Corner Lot, Bayfront, See Remarks, Bayside, Dead End Street, Irregular Lot
  • Subdivision Name: Ocean Beach
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 60x100 irr
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Sewer On-Site: Yes
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Bayside2: Yes
  • Water Type Bayview: Yes
  • Water Type Bulkhead: Yes
  • Lot Description Bayfront2: Yes
  • Water Type Bayfront: Yes
  • Water Type Bayside: Yes
  • Special Features: VirtualTour

Exterior Features

  • Acres: 0.13
  • Waterfront Features: Other - See Remarks, Bayfront, Bayside, Bayview, Bulkhead
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 60x100 irr
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-00922-01-00043
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8437.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Feb 27, 2021
Sold by
Giordano Richard
Bought by
Petracco Peter and Petracco Mary
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Brian Kachoogian
Gloria Nilson & Co. Real Estate
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Current Estimated Value
$1,232,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,700
Avg. Annual Appreciation
10.00%

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 27, 2021
Sold by
Giordano Richard
Bought by
Petracco Peter and Petracco Mary
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Brian Kachoogian
Gloria Nilson & Co. Real Estate
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
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
Petracco Peter $750,000 Trident Abstract Ttl Agcy Ll
Petracco Peter $750,000 Trident Abstract Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $750,000 -1.3% --
12/18/2020 12/18/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $759,900 -4.9% --
10/22/2020 10/22/20 Price Changed $799,000 -3.6% --
10/14/2020 10/14/20 For Sale $829,000 -- --
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 $17,038 $984,300 $560,000 $424,300
2023 $16,428 $984,300 $560,000 $424,300
2022 $9,346 $560,000 $560,000 $0
2021 $8,724 $348,400 $348,400 $0
2020 $8,819 $353,600 $348,400 $5,200
2019 $8,437 $353,600 $348,400 $5,200
2018 $8,324 $353,600 $348,400 $5,200
2017 $8,253 $353,600 $348,400 $5,200
2016 $8,037 $353,600 $348,400 $5,200
2015 $8,136 $372,000 $366,800 $5,200
2014 $7,745 $372,000 $366,800 $5,200
Source: Public Records

Agents Affiliated with this Home

  • Angela Serio

    Seller's Agent in 2021

    Angela Serio

    Ocean Beach Sales

    (908) 770-7741

    144 in this area

    162 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Brian Kachoogian

    Gloria Nilson & Co. Real Estate

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22037069

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00922-01-00043

New Jersey Ocean County Lavallette 08735 Dover Beaches North

348 W Bayview Dr, Lavallette, NJ

This home is located at 348 W Bayview Dr, Lavallette, NJ 08735 since 14 October 2020 and is currently estimated at $1,232,120. 348 W Bayview Dr is a home located in Ocean County.

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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