$463,000
SOLD MAR 4, 2025
3 Beds
1 Bath
1,352 Sq Ft
1977 Built

Recently Sold

$342 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Rambler Architecture
  • Instant Hot Water
  • 3-minute walk to Vincent Clune Park
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Turnkey living on Tern Court! This spacious 3 bedroom ranch is ready for you to move into today. Situated on a large lot close to the marinas and boasting numerous upgrades in the past 2 years this one is sure to be popular. You will love the new kitchen with a large island, stainless appliances including an undercounter microwave and plenty of entertaining space as it is just steps away from the living room. Down the hall is your new bathroom with a large custom shower, double vanity and heated floor. 3 bedrooms, all freshly painted with new floors complete this perfect package. Schedule your showing today.

Last Agent to Sell the Property

Michael McDonald

(609) 923-4970 michaelm@weichert.com EXP Realty, LLC Listed on: 01/19/2025

EXP Realty, LLC

Last Buyer's Agent

Domenica (Mimi) Krauss

(732) 620-5667 mimikrauss18@gmail.com Fathom Realty NJ, LLC

Fathom Realty NJ, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1977

Lot Details

  • Property is zoned R75

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,352 Sq Ft Home
  • Property has 1 Level
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Forked River Forked River Beach Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 13-00104-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,052

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-01-19
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1352
  • Living Area Sq Ft: 1352
  • Price Per Sq Ft: 340.24
  • Above Grade Finished Sq Ft: 1352
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Instant Hot Water, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5052.00
  • Assessor Parcel Number: 13-00104-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Mar 4, 2025
Sold by
Davis Alfred
Bought by
Cordasco Cory M and Cordasco Megan C
Seller's Agent
Michael McDonald
EXP Realty, LLC
Buyer's Agent
Domenica (Mimi) Krauss
Fathom Realty NJ, LLC
List Price
$460,000
Sold Price
$463,000
Premium/Discount to List
$3,000
0.65%
Views
46
Current Estimated Value
$473,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,833
Avg. Annual Appreciation
3.26%
Original Mortgage
$449,110
Outstanding Balance
$446,851
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$26,982

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 4, 2023
Sold by
Allegretti Michael
Bought by
Davis Alfred
Seller's Agent
Amanda Cruz
Signature Realty NJ
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$330,000
Sold Price
$366,390
Premium/Discount to List
$36,390
11.03%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$285,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Slota Mark T and Slota Kelly A
Bought by
Allegretti Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2003
Sold by
Slota Mark T
Bought by
Slota Mark T and Slota Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $463,000 American Land Title
Deed $463,000 American Land Title
Deed $366,390 Surety Title
Deed $366,390 Surety Title
Bargain Sale Deed $205,000 Central Title Agency Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $449,110 New Conventional
Closed $449,110 New Conventional
Previous Owner $285,600 New Conventional
Previous Owner $194,750 Purchase Money Mortgage
Previous Owner $57,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2025 03/04/25 Sold $463,000 +0.7% $342 / Sq Ft
02/08/2025 02/08/25 For Sale $460,000 0.0% $340 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/25/2025 01/25/25 Price Changed $460,000 -3.2% $340 / Sq Ft
01/19/2025 01/19/25 For Sale $475,000 +29.6% $351 / Sq Ft
08/10/2023 08/10/23 Sold $366,390 +11.0% $271 / Sq Ft View Prior Sale
07/20/2023 07/20/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $330,000 -- $244 / 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 $5,053 $199,400 $106,000 $93,400
2024 $4,724 $199,400 $106,000 $93,400
2023 $4,512 $199,400 $106,000 $93,400
2022 $4,512 $199,400 $106,000 $93,400
2021 $4,437 $199,400 $106,000 $93,400
2020 $4,295 $199,400 $106,000 $93,400
2019 $4,219 $199,400 $106,000 $93,400
2018 $3,937 $188,300 $106,000 $82,300
2017 $3,847 $188,300 $106,000 $82,300
2016 $3,832 $188,300 $106,000 $82,300
2015 $3,661 $188,300 $106,000 $82,300
2014 $3,743 $217,600 $131,000 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2031134

Bright MLS

APN: 13-00104-0000-00005