NOT LISTED FOR SALE

Estimated Value: $4,667,000

0.21 Acre
$22,223,810 Price per Acre
9,148 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $950,000

Est. 391% increase in value since last sale

Current estimated payment $26,058/month

21 Days on Market

Highlights

  • Ocean View
  • 0.21 Acre Lot
  • Property near a hospital
  • Wolf Hill Elementary School Rated A-

About This Lot

As of October 2022

Stunning views of both the Shrewsbury and Navesink River, as well as the ocean! Once in a lifetime opportunity to build the beach home of your dreams. Located Steps away from the beach right off of Ocean Avenue in Sea Bright. The stunning town of Sea Bright features beautiful beaches, top tier restaurants, bars, Marinas, and countless other attractions. Close to both Sea Streak Ferry and NJ Rail Service allows for easy travel to NYC. Own a piece of paradise with this .21 Acre Lot. Can share plans for the house next door to build 7400+ sq ft home.

Last Agent to Sell the Property

Anthony Romano

LoRusso & Rodriguez Realty Listed on: 07/21/2022

Last Buyer's Agent

Anthony Romano

New and Modern Group License #2295064

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,047

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 61.30 x 149.89

Property Views

  • Ocean
  • River

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School

Additional Features

  • Electricity Available at Street
  • Property near a hospital
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 42-00001-0000-00008-02

Property Details

Property Type

Land

Est. Annual Taxes

$6,047

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Riverview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanview: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 61.30 x 149.89
  • Location Middle School: Maple Place
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Riverview: Yes
  • Lot Description Riverview3: Yes
  • Location Near Hospital: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.21
  • Waterfront Features: Oceanview, Riverview
  • Waterfront: No

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 61.30 x 149.89
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 42-00001-0000-00008-02
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6047.0

MLS Schools

  • Elementary School: Wolf Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 6, 2022
Sold by
A & E Associates Limited Liability Company
Bought by
17 Island View Way Llc
Seller's Agent
Anthony Romano
LoRusso & Rodriguez Realty
Buyer's Agent
Anthony Romano
New and Modern Group
List Price
$1,199,000
Sold Price
$950,000
Premium/Discount to List
-$249,000
-20.77%
Views
7
Current Estimated Value
$4,667,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,717,000
Avg. Annual Appreciation
74.13%

Purchase Details

Closed on
Feb 5, 2021
Sold by
A & E Associates Limited Liability Company
Bought by
Romano Mario and Romano Gina

Purchase Details

Closed on
Jul 31, 2014
Sold by
Osgoodby Rosalyn G and Osgoodby Laurence R
Bought by
Latacz Joan Susan and The Osgoodby Family Revocable Living Tru
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
17 Island View Way Llc $950,000 First American Title
Romano Mario $740,000 Two Rivers Title
Latacz Joan Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romano Mario $1,755,000
Previous Owner A & E Associates Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $950,000 -20.8% --
08/11/2022 08/11/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $1,199,000 -- --
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 $7,551 $883,000 $883,000 $0
2023 $7,551 $737,400 $737,400 $0
2022 $4,791 $663,700 $663,700 $0
2021 $4,791 $485,700 $485,700 $0
2020 $5,723 $445,700 $445,700 $0
2019 $5,885 $433,700 $433,700 $0
2018 $6,084 $423,700 $423,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22222941

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 42-00001-0000-00008-02