NOT LISTED FOR SALE

420 7th Ave Mantoloking, NJ 08738

Estimated Value: $4,037,050 - $5,505,000

6 Beds
6 Baths
5,600 Sq Ft
$843/Sq Ft Est. Value

Last Sold September 06, 2023

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

Est. 16% decrease in value since last sale

Current estimated payment $28,195/month

40 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Zoned Heating and Cooling
  • Custom Home
  • No HOA
  • 2 Car Garage

About This Home

As of September 2023

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.

Last Agent to Sell the Property

Lawrence Greenberg

M. Van Sciver REALTORS License #1003712 Listed on: 06/06/2023

Last Buyer's Agent

Jeffrey Childers

Childers Sotheby's Intl Realty License #0895595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,795

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Pool

  • Outdoor Pool

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00020-02-00002-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,795

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 2015
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.16
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Roof Wood3: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.16
  • Waterfront: Yes
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 07-00020-02-00002-01

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 35795.0

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
$4,718,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$881,650
Avg. Annual Appreciation
-7.94%
Original Mortgage
$3,640,000
Outstanding Balance
$3,536,989
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$1,181,361

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
16.33%

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:

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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 Change Sq Ft Price
09/06/2023 09/06/23 Sold $5,600,000 -6.7% $1,000 / Sq Ft
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 -- --
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 $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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22315294

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00020-02-00002-01