NOT LISTED FOR SALE

Estimated Value: $541,420 - $671,000

3 Beds
2.5 Baths
2,160 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $275,000 $127 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,730/month

Highlights

  • 1 Boat Dock
  • Bay View
  • Deck
  • Parking available for a boat
  • Waterfront
  • Stream or River on Lot

About This Home

As of January 2014

Million Dollar Views await the special buyer with vision to see the potential in this unique property. Not only does it offer a lovely residential home with spectacular views, but before Hurricane Sandy arrived it housed 13 boat slips and was a commercial marina. The possibilities are endless, not only with the potential income from the marina, but there is also a one-bedroom apartment which was rented for $800/month. Sandy not only destroyed the ground floor of this raised home, but it blew off the existing roof. This has been replaced, but the interior of the home has water damage. Some of the appliances are functional. The boat slips need to be restored and the furnace, hot water heater and the insulation in the garage need to be replaced.The Riparian Lease (7 years) is paid and up-to-date. The Commercial Marina has 371 ft. of waterfrontage with an excellent bulkhead. The home is cedar shake vinyl siding with a 360 degree wrap-around deck for those unbelievable views. Enjoy,the sunrises and sunsets like never before. Even the lights of Atlantic City are visible!THIS PROPERTY IS BEING SOLD "AS IS" WITH BUYER RESPONSIBLE FOR ALL TOWNSHIP PERMITS, INCLUDING THE CERTIFICATE OF OCCUPANCY. OWNERS WILL CONSIDER FINANCING THIS SALE WITH 30% DOWN, 5-YEAR BALLOON MORTGAGE AT THE PREVAILING RATE TO ANY QUALIFIED BUYER.

Last Agent to Sell the Property

NOREEN KIERNAN

nkiernan@pruzack.com BHHS Zack Shore REALTORS License #TREND:SKIERNNO Listed on: 09/07/2013

Last Buyer's Agent

NOREEN KIERNAN

nkiernan@pruzack.com BHHS Zack Shore REALTORS License #TREND:SKIERNNO Listed on: 09/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,993

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • Partially Fenced Property
  • Level Lot
  • Irregular Lot
  • The property's topography is level
  • Property is zoned C-1, C-1

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway
  • Parking available for a boat

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 1.5 Levels
  • Wood Flooring
  • Bay Views
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Riparian Lease
  • Bulkhead
  • 1 Boat Dock
  • Private Dock
  • Stream or River on Lot
  • Deck
  • Storage Shed

Location

  • Flood Risk
  • Property is near a creek

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 09-00004-0000-00056

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,993

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler, Raised Ranch/Rambler
  • Exclusions: Microwave in Kitchen.
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Washer, Dryer, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Whirlpool/Hottub
  • Fireplace: No
  • Foundation Details: Pilings
  • Levels Count: 1.5
  • Room Count: 9
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 138.84
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: PINELANDS REGIONAL SCHOOLS
  • School District Key: 300200396375

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 270000.00
  • Land Lease: No
  • Lot Features: Level, Bulkheaded, Stream/Creek, Irregular
  • Lot Dimensions: 122x172xIrr
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: C-1
  • Zoning Description: C-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2938914
  • Tax Annual Amount: 8993.00
  • Assessor Parcel Number: 09-00004-0000-00056
  • Tax Lot: 56
  • Tax Year: 2013
  • Close Date: 01/13/2014

Multi Family

  • Waterfront Features: Riparian Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2013
Closed on
Jan 13, 2014
Sold by
Matuszewski Thomas A and Matuszewski Linda C
Bought by
Price Charles
Seller's Agent
NOREEN KIERNAN
BHHS Zack Shore REALTORS
Buyer's Agent
NOREEN KIERNAN
BHHS Zack Shore REALTORS
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$582,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,355
Avg. Annual Appreciation
6.57%
Original Mortgage
$225,000
Outstanding Balance
$170,253
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,102
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
Price Charles $275,000 Agent For Westcor Land
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Charles $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $275,000 -8.3% $127 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
09/07/2013 09/07/13 For Sale $299,900 -- $139 / 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 $7,816 $283,900 $147,800 $136,100
2024 $7,785 $283,900 $147,800 $136,100
2023 $7,589 $283,900 $147,800 $136,100
2022 $7,589 $283,900 $147,800 $136,100
2021 $7,549 $283,900 $147,800 $136,100
2020 $7,699 $283,900 $147,800 $136,100
2019 $7,467 $283,900 $147,800 $136,100
2018 $6,964 $283,900 $147,800 $136,100
2017 $6,947 $283,900 $147,800 $136,100
2016 $6,717 $283,900 $147,800 $136,100
2015 $8,206 $361,000 $270,000 $91,000
2014 $7,935 $361,000 $270,000 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC237512

Bright MLS

APN: 09-00004-0000-00056