NOT LISTED FOR SALE

40 Inlet Terrace Belmar, NJ 07719

Estimated Value: $3,850,000 - $6,318,000

5 Beds
3.5 Baths
2,995 Sq Ft
$1,633/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $1,400,000 $467 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $28,498/month

90 Days on Market

Highlights

  • Dock has access to electricity and water
  • In Ground Pool
  • River Front
  • Boat Lift
  • Home fronts a lagoon or estuary
  • Bay View

About This Home

As of June 2018

The one and only Inlet Terrace. Rare Riverfront with boat lift and direct ocean access with additional lagoon in the back yard. Update or build new. Not familiar with this location? Older homes on Inlet Terrace that have sold for over $2,000,000 have been knocked down and replaced with new ones...that's how valuable it is. 2 blocks to the beach, a few blocks into town AND its waterfront. Magnificent location for the lucky few.

Last Agent to Sell the Property

Patrick Butera

RE/MAX Paradigm Realty Group Listed on: 01/30/2018

Last Buyer's Agent

Patrick Butera

Shore and Country, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,080

Lot Details

  • 0.43 Acre Lot
  • Home fronts a lagoon or estuary
  • River Front
  • Home fronts a canal
  • Fenced

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Property Views

  • Bay
  • River

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Recessed Lighting
  • Wood Burning Fireplace
  • Bay Window
  • French Doors
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Den
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • In Ground Pool
  • Property near a lagoon
  • Riparian rights to water flowing past the property
  • Bulkhead
  • Boat Lift
  • Dock has access to electricity and water
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Gazebo

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-00012-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,080

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Riparian Rts, Riverfront, Riverview
  • ResoPoolFeatures: In Ground
  • Reso Association Amenities: Association
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Bay/Bow Window, Built-Ins, Den, French Doors, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.43
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 4.0
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Water Type Lagoon: Yes
  • Interior Den: Yes
  • Interior BayBow Window: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Eat-In: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Exterior WaterElect Dock: Yes
  • Exterior Gazebo: Yes
  • Kitchen BayBow Window4: Yes
  • GreatFamily Room BayBow Window5: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Water Type Riverview: Yes
  • Dining Room Fireplace - Other6: Yes
  • Exterior Boat Lift: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Water Type CanalInlet: Yes
  • Lot Description Riverview2: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 4
  • Stories: 3
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.43
  • Waterfront Features: Bulkhead, Canal/Inlet, Lagoon, Riparian Rights, Riverfront, Riverview
  • Waterfront: Yes
  • Exterior Features: Balcony, Boat Lift, Deck, Dock, Fence, Gazebo, Patio, Water/Elect @ Dock, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Parcel #: 07-00012-0000-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 18080.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Jun 25, 2018
Sold by
Vincent P Alvino
Bought by
Mozeika David and Mozeika Toni
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,400,000
Current Estimated Value
$4,891,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,491,646
Avg. Annual Appreciation
18.75%
Original Mortgage
$1,120,000
Outstanding Balance
$970,132
Interest Rate
4.57%
Estimated Equity
$3,921,514

Purchase Details

Closed on
Jul 24, 2014
Sold by
Alvino Kathleen A and Alvino Vincent P
Bought by
Alvino Vincent P and Alvino Kathleen A
Source: Public Records

Range of Values:

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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
Mozeika David $1,400,000 --
Alvino Vincent P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mozeika David $1,120,000
Closed Mozeika David --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $1,400,000 0.0% $467 / Sq Ft
05/15/2016 05/15/16 Rented $59,940 +199.7% --
07/01/2015 07/01/15 Rented $20,000 -- --
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
2025 $30,519 $2,097,500 $1,094,400 $1,003,100
2024 $29,491 $2,097,500 $1,094,400 $1,003,100
2023 $29,491 $2,097,500 $1,094,400 $1,003,100
2022 $28,455 $2,097,500 $1,094,400 $1,003,100
2021 $28,455 $2,097,500 $1,094,400 $1,003,100
2020 $15,681 $1,165,900 $1,122,000 $43,900
2019 $15,681 $1,165,900 $1,122,000 $43,900
2018 $18,530 $1,500,400 $1,122,000 $378,400
2017 $18,080 $1,500,400 $1,122,000 $378,400
2016 $23,043 $1,205,800 $817,000 $388,800
2015 $23,715 $1,235,800 $847,000 $388,800
2014 $23,429 $1,210,800 $922,000 $288,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patrick Butera

    RE/MAX

  • J

    Seller's Agent in 2016

    Jacob Smith

    Ward Wight Sotheby's International Realty

  • K

    Buyer's Agent in 2015

    Kathleen Powell

    Diane Turton, Realtors-Avon

    (732) 567-5246

    13 Total Sales

    Kathleen Powell
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21801397

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00012-0000-00017

New Jersey Monmouth County Belmar 07719

40 Inlet Terrace, Belmar, NJ

This home is located at 40 Inlet Terrace, Belmar, NJ 07719 since 30 January 2018 and is currently estimated at $4,891,646, approximately $1,633 per square foot. 40 Inlet Terrace is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

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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