NOT LISTED FOR SALE

Estimated Value: $2,538,000 - $5,301,000

0.47 Acre
$8,647,579 Price per Acre
20,473 Sq Ft Lot

Last Sold March 26, 2021

Last sale price $2,820,000

Est. 44% increase in value since last sale

Current estimated payment $25,992/month

94 Days on Market

Highlights

  • Home fronts navigable water
  • Water Access
  • No HOA
  • Beach Haven School Rated A-
  • 0.47 Acre Lot

About This Lot

As of March 2021

In a favored location, this waterfront private half acre lot +/- on Webster Lagoons stretches across 214 feet of water front. The protected improved site faces out from a sought-after cul-de-sac, between the entrance to two lagoons, onto Liberty Thorofare, a half mile long navigable New Jersey State maintained waterway which is 50 to 100 yards wide, with controlled speed and low volume boat traffic. Spectacular views across the narrow waterway and over the marshes of a small state designated low-lying nature preserve, Mordecai Island, with a further unobstructed six-to-ten mile north-northwest view across Little Egg Harbor/Barnegat Bay to the mainland. Generations of small children have learned to paddle, row and sail on this protected body of water, as their parents relaxed and watched them, often from their own residences. Mordecai island is safe from development and has open marsh habitats for breeding, foraging, nesting and resting for many species of migratory birds. This unique property size is suitable for docking several boats up to approximately 50 feet in length, barely three miles to the ocean through Beach Haven Inlet, also known as Little Egg Harbor Inlet.  This spectacular location allows you to walk or go by boat or bike to the beach and downtown Beach Haven and everything it has to offer--waterfront restaurants and the historic district with shopping, dining, entertainment, cultural activities, library, and yacht club. The town has a small classic two-story brick elementary school with approximately twelve students per class. Middle and high school students ride a school bus for 20 minutes to an excellent modern regional school system. This property offers the best of several worlds, located just ninety miles by car to New York City and sixty miles to Philadelphia, ideal to work remotely. For a quick get-away, Atlantic City International airport is less than an hour south, and Atlantic City itself is twenty miles by boat. This is a truly unusual location and building site. Make it yours!

Last Agent to Sell the Property

Bonnie Wells

Coastal Living Real Estate Group License #9231521 Listed on: 11/17/2020

Last Buyer's Agent

Bonnie Wells

Coastal Living Real Estate Group License #9231521 Listed on: 11/17/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,425

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 129 x 31.89 x 92.22 x 60.14 x 144.54 x 66.16
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned RSA

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 04-00001-00012

Community Details

Overview

  • No Home Owners Association
  • Beach Haven Leh Yacht Subdivision

Recreation

  • Water Access
  • Property near a bay

Property Details

Property Type

Land

Est. Annual Taxes

$14,425

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Automatically Close On Close Date: No
  • Remarks Public: In a favored location, this waterfront private half acre lot +/- on Webster Lagoons stretches across 214 feet of water front. The protected improved site faces out from a sought-after cul-de-sac, between the entrance to two lagoons, onto Liberty Thorofare, a half mile long navigable New Jersey State maintained waterway which is 50 to 100 yards wide, with controlled speed and low volume boat traffic. Spectacular views across the narrow waterway and over the marshes of a small state designated low-lying nature preserve, Mordecai Island, with a further unobstructed six-to-ten mile north-northwest view across Little Egg Harbor/Barnegat Bay to the mainland. Generations of small children have learned to paddle, row and sail on this protected body of water, as their parents relaxed and watched them, often from their own residences. Mordecai island is safe from development and has open marsh habitats for breeding, foraging, nesting and resting for many species of migratory birds. This unique property size is suitable for docking several boats up to approximately 50 feet in length, barely three miles to the ocean through Beach Haven Inlet, also known as Little Egg Harbor Inlet.  This spectacular location allows you to walk or go by boat or bike to the beach and downtown Beach Haven and everything it has to offer--waterfront restaurants and the historic district with shopping, dining, entertainment, cultural activities, library, and yacht club. The town has a small classic two-story brick elementary school with approximately twelve students per class. Middle and high school students ride a school bus for 20 minutes to an excellent modern regional school system. This property offers the best of several worlds, located just ninety miles by car to New York City and sixty miles to Philadelphia, ideal to work remotely. For a quick get-away, Atlantic City International airport is less than an hour south, and Atlantic City itself is twenty miles by boat. This is a truly unusual location and building site. Make it yours!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 136.51
  • Street Number Modifier: 415

Exterior Features

  • Construction Completed: No
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.47
  • Lot Dimensions: 129 x 31.89 x 92.22 x 60.14 x 144.54 x 66.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20512.00
  • Year Assessed: 2020
  • Zoning: RSA
  • Farmland Preservation: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2827967
  • Tax Annual Amount: 14425.00
  • Assessor Parcel Number: 04-00001-00012
  • Tax Lot: 00012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Mar 22, 2021
Sold by
Robinson Joseph Daniel
Bought by
Jefferies Holdings Llc
Seller's Agent
Bonnie Wells
Coastal Living Real Estate Group
Buyer's Agent
Bonnie Wells
Coastal Living Real Estate Group
List Price
$2,800,000
Sold Price
$2,820,000
Premium/Discount to List
$20,000
0.71%
Current Estimated Value
$4,064,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,244,362

Purchase Details

Closed on
Mar 8, 2001
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
Jefferies Holdings Llc $2,520,000 City Abstract Llc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Sean $3,616,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $2,820,000 +0.7% --
02/19/2021 02/19/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $2,800,000 -- --
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
2024 $40,205 $3,320,000 $1,286,800 $2,033,200
2023 $14,477 $1,286,800 $1,286,800 $0
2022 $14,477 $1,286,800 $1,286,800 $0
2021 $14,116 $1,286,800 $1,286,800 $0
2020 $14,425 $1,286,800 $1,286,800 $0
2019 $14,013 $1,286,800 $1,286,800 $0
2018 $14,502 $1,286,800 $1,286,800 $0
2017 $13,846 $1,286,800 $1,286,800 $0
2016 $13,508 $1,018,700 $1,018,700 $0
2015 $12,927 $1,018,700 $1,018,700 $0
2014 $12,224 $1,018,700 $1,018,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC405104

Bright MLS

APN: 04-00001-0000-00012