NOT LISTED FOR SALE

420 7th Ave Mantoloking, NJ 08738

Estimated Value: $4,119,686 - $4,842,000

6 Beds
6 Baths
5,600 Sq Ft
$810/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $5,600,000 $1,000 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $26,955/month

About This Home

Merit Homes presents one of the finest homes being offered at the Jersey shore, located on the harbor in Normandy Beach. High end appointments throughout, quality workmanship, and attention to detail is the mark of Merit Homes. This 6 bedroom, 6/ bath Shingle style home offers old world charm and the amenities of today. A great home for entertaining offering generous open spaces, large wide plank oak floors, custom trim/built-ins, custom inset cabinets and gunite pool with expansive patio. Located within close proximity to the Beach, the Normandy Beach Yacht Club and tennis courts. If you are looking for the ultimate luxury home look no further.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Aug 24, 2023
Sold by
Schwartz Steven and Schwartz Rachel
Bought by
Infusino Christian and Infusino Deborah
Seller's Agent
Lawrence Greenberg
M. Van Sciver REALTORS
Buyer's Agent
Jeffrey Childers
Childers Sotheby's Intl Realty
List Price
$5,999,000
Sold Price
$5,600,000
Premium/Discount to List
-$399,000
-6.65%
Views
193
Current Estimated Value
$4,533,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,066,771
Avg. Annual Appreciation
-8.93%
Original Mortgage
$3,640,000
Outstanding Balance
$3,532,452
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,000,777

Purchase Details

Closed on
Apr 19, 2021
Sold by
Colaiacovo and Louisa
Bought by
Schwartz Steven and Schwartz Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,580,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jan 21, 2014
Sold by
Bedell Donald and Bedell Paige
Bought by
Colaiacovo Michael and Colaiacovo Louisa
Seller's Agent
Leonia Reilly
M. Van Sciver REALTORS
Buyer's Agent
Lawrence Greenberg
Van Sciver REALTORS
Sold Price
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Sep 10, 2004
Sold by
Dames Paul
Bought by
Bedell Donald and Bedell Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2000
Sold by
Hutnan Carole
Bought by
Dames Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.64%

Purchase Details

Closed on
Oct 25, 1994
Sold by
Annetarantin
Bought by
Davies Ruth
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 Buyer Sale Price Title Company
Infusino Christian $5,600,000 Suburban Title
Infusino Christian $5,600,000 Suburban Title
Schwartz Steven $4,400,000 New Title Company Name
Colaiacovo Michael $805,000 Old Republic Natl Title Ins
Bedell Donald $995,000 Chicago Title Insurance Co
Dames Paul $406,000 --
Davies Ruth $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infusino Christian $3,640,000
Closed Infusino Christian $3,640,000
Previous Owner Schwartz Steven $2,580,000
Previous Owner Bedell Donald $520,000
Previous Owner Dames Paul $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $5,600,000 -6.7% $1,000 / Sq Ft View Prior Sale
07/16/2023 07/16/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $5,999,000 +645.2% $1,071 / Sq Ft
01/22/2014 01/22/14 Sold $805,000 -- -- View Prior Sale

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 $38,159 $1,477,300 $661,500 $815,800
2024 $36,268 $1,477,300 $661,500 $815,800
2023 $35,795 $1,477,300 $661,500 $815,800
2022 $35,795 $1,477,300 $661,500 $815,800
2021 $35,042 $1,477,300 $661,500 $815,800
2020 $34,598 $1,477,300 $661,500 $815,800
2019 $34,022 $1,477,300 $661,500 $815,800
2018 $33,239 $1,477,300 $661,500 $815,800
2017 $32,078 $1,465,400 $661,500 $803,900
2016 $31,916 $1,465,400 $661,500 $803,900
2015 $31,081 $665,600 $661,500 $4,100
2014 $16,594 $788,700 $661,500 $127,200
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Greenberg

    Seller's Agent in 2023

    Lawrence Greenberg

    M. Van Sciver REALTORS

    (732) 691-7524

    17 in this area

    67 Total Sales

    Lawrence Greenberg
    Section Image
  • Jeffrey Childers

    Buyer's Agent in 2023

    Jeffrey Childers

    Childers Sotheby's Intl Realty

    (732) 779-3087

    77 in this area

    166 Total Sales

    Jeffrey Childers
    Section Image

  • L

    Seller's Agent in 2014

    Leonia Reilly

    M. Van Sciver REALTORS

See All Agents

Map

New Jersey Ocean County Mantoloking 08738

420 7th Ave, Mantoloking, NJ

Not Listed for Sale

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