NOT LISTED FOR SALE

Estimated Value: $2,108,000 - $3,627,064

0.23 Acre
$13,421,809 Price per Acre
10,019 Sq Ft Lot

Last Sold December 11, 2013

Last sale price $550,000

Est. 461% increase in value since last sale

Current estimated payment $17,939/month

Highlights

  • Bay View
  • No HOA
  • Level Lot
  • Property fronts the bay but unit may not have water views

About This Lot

As of December 2013

Large buildable lot - 100x100 - on private easement of only 3 lots. Located 2nd off bay, envision your dream house with wonderful bayviews and lots of privacy and even room for a pool. Also its a very short walk to the beach which is only a block away. Prime location and large lot = great opportunity!

Last Agent to Sell the Property

Eileen Matson

(609) 709-9503 ematson@maryallen.com Mary Allen Realty, Inc. License #8635959 Listed on: 09/27/2013

Last Buyer's Agent

Christopher Baumann

(732) 406-1440 cbaumann@zackshore.com BHHS Zack Shore REALTORS License #345227

BHHS Zack Shore REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,226

Lot Details

  • Lot Dimensions are 100x100
  • Property fronts the bay but unit may not have water views
  • Level Lot
  • The property's topography is level
  • Property is zoned R50, R50

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Bay Views
  • Flood Risk
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 18-00015-128-00002

Property Details

Property Type

Land

Est. Annual Taxes

$6,226

Lot Details

0

Listing Details

  • Property Type: Land
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Gravel
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 76319.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 100x100
  • Topography: Level
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3025796
  • Tax Annual Amount: 6226.00
  • Assessor Parcel Number: 18-00015-128-00002
  • Tax Lot: 2
  • Tax Year: 2012
  • Close Date: 12/11/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 15, 2013
Sold by
Cossman Gina Pio
Bought by
Elkins Michael and Elkins Judith
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Christopher Baumann
BHHS Zack Shore REALTORS
List Price
$569,000
Sold Price
$550,000
Premium/Discount to List
-$19,000
-3.34%
Current Estimated Value
$3,087,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,537,016
Avg. Annual Appreciation
15.73%
Original Mortgage
$1,400,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2010
Sold by
Pio Donna
Bought by
Cossman Gina Pio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back
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
Elkins Michael $550,000 None Available
Cossman Gina Pio $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Michael $1,400,000
Previous Owner Cossman Gina Pio $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $550,000 -3.3% --
11/01/2013 11/01/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $569,000 -- --
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 $18,874 $2,113,600 $735,000 $1,378,600
2024 $18,748 $2,113,600 $735,000 $1,378,600
2023 $17,585 $2,113,600 $735,000 $1,378,600
2022 $17,585 $2,113,600 $735,000 $1,378,600
2021 $17,036 $2,113,600 $735,000 $1,378,600
2020 $14,810 $1,489,900 $630,000 $859,900
2019 $14,944 $1,489,900 $630,000 $859,900
2018 $14,497 $1,489,900 $630,000 $859,900
2017 $14,571 $1,489,900 $630,000 $859,900
2016 $14,690 $1,489,900 $630,000 $859,900
2015 $14,580 $630,000 $630,000 $0
2014 $6,054 $630,000 $630,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC215766

Bright MLS

APN: 18-00015-128-00002