NOT LISTED FOR SALE

477 Driveway Oceanport, NJ 07757

Estimated Value: $1,427,000 - $1,960,956

0.4 Acre
$3,935,598 Price per Acre
17,424 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $981,000 $402 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,122/month

73 Days on Market

Highlights

  • River View
  • Cul-De-Sac
  • Level Lot
  • Wolf Hill Elementary School Rated A-
  • Riparian rights to water flowing past the property
  • 4-minute walk to Charles Park

About This Lot

As of May 2021

Build a spectacular waterfront home without incurring the expense of tearing down an existing one! This .4 acre lot, with Riparian Grant, on Shrewsbury River affords unobstructed, panoramic water views. Located on a quiet cul-de-sac, property features a 60' dock, 150' of bulkhead & numerous builder-ready improvements: newer pilings & bubbler system, underground electric & telephone wires, oil tank removed... see Improvements in docs. Build using existing architectural rendering, see photos, or customize your own dream home! Neighborhood has highly rated school system. Convenient to Monmouth Medical, Monmouth University & close to all beaches, shopping, restaurants. Easy commute north or south via GSP, high speed ferry, train and bus. A perfect place to call home!

Last Agent to Sell the Property

Bernadette Bonner

O'Brien Realty, LLC License #1541225 Listed on: 02/01/2021

Co-Listed By

Kelley McCarthy-Kane

O'Brien Realty, LLC License #1537856

Last Buyer's Agent

Laura Gambacorto

O'Brien Realty, LLC License #8440371

O'Brien Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,630

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150 x 115
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot

Property Views

  • River Views

Outdoor Features

  • Riparian rights to water flowing past the property
  • Electricity Available at Street
  • Bulkhead

Schools

  • Wolf Hill Elementary School
  • Maple Place Middle School
  • Shore Reg High School

Utilities

  • Underground Utilities
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 38-00076-0000-00012-01

Property Details

Property Type

Land

Est. Annual Taxes

$16,630

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Level, Riverview, Cleared, Finished Road
  • Co List Office Mls Id: 3739
  • Co List Office Phone: 732-229-3532
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.4
  • General Property Info Lot Dimensions: 150 x 115
  • Location Middle School: Maple Place
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Cul-De-Sac: Yes
  • Water Type Bulkhead: Yes
  • Water Type Riverfront: Yes
  • Water Type Riverview: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Cleared: Yes
  • Lot Description Riverview3: Yes
  • Electric Underground4: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.4
  • Waterfront Features: Bulkhead, Riparian Rights, Riverfront, Riverview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Maple Place

Lot Info

  • Lot Dimensions: 150 x 115
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 38-00076-0000-00012-01
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wolf Hill
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Amoroso and Renee
Bought by
Given Not
Current Estimated Value
$1,574,239

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 2, 2021
Sold by
Ardito David A and Ardito Lisa A
Bought by
Amoroso Michael and Amoroso Renee
Seller's Agent
Bernadette Bonner
O'Brien Realty, LLC
Buyer's Agent
Laura Gambacorto
O'Brien Realty, LLC
List Price
$1,100,000
Sold Price
$981,000
Premium/Discount to List
-$119,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Interest Rate
2.95%

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 18, 2021
Sold by
Ardito David A and Ardito Lisa A
Bought by
Amoroso Michael and Amoroso Renee
Seller's Agent
Bernadette Bonner
O'Brien Realty, LLC
Buyer's Agent
Laura Gambacorto
O'Brien Realty, LLC
List Price
$1,100,000
Sold Price
$981,000
Premium/Discount to List
-$119,000
-10.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.95%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Ssquires Hartley W and Ssquires Linda
Bought by
Ardito David A and Ardito Lisa A
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
Given Not -- None Listed On Document
Amoroso Michael $981,000 --
Amoroso Michael $981,000 Fidelity National Ttl Ins Co
Ardito David A $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoroso Michael $500,000
Previous Owner Amoroso Michael --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $981,000 -10.8% $402 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,100,000 -- $450 / Sq Ft
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
2024 $16,630 $1,030,500 $1,009,200 $21,300
2023 $16,630 $999,400 $979,200 $20,200
2022 $12,099 $850,300 $832,500 $17,800
2021 $12,099 $635,100 $616,000 $19,100
2020 $11,513 $629,800 $611,000 $18,800
2019 $11,330 $629,100 $611,000 $18,100
2018 $11,251 $628,900 $611,000 $17,900
2017 $14,521 $673,200 $656,000 $17,200
2016 $14,463 $674,900 $658,000 $16,900
2015 $14,821 $714,600 $658,000 $56,600
2014 $16,810 $822,000 $683,000 $139,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bernadette Bonner

    O'Brien Realty, LLC

    (908) 295-6999

    1 in this area

    13 Total Sales

    Bernadette Bonner
    Section Image
  • Kelley McCarthy-Kane

    Seller Co-Listing Agent in 2021

    Kelley McCarthy-Kane

    O'Brien Realty, LLC

    (201) 923-5540

    Section Image

  • L

    Buyer's Agent in 2021

    Laura Gambacorto

    O'Brien Realty, LLC

    (732) 890-7007

    8 in this area

    23 Total Sales

    Laura Gambacorto
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22102920

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 38-00076-0000-00012-01

New Jersey Monmouth County Oceanport 07757

477 Driveway, Oceanport, NJ

This home is located at 477 Driveway, Oceanport, NJ 07757 since 01 February 2021 and is currently estimated at $1,574,239, approximately $644 per square foot. 477 Driveway is a home located in Monmouth County with nearby schools including Wolf Hill Elementary School, Maple Place Elementary and Middle School, and Shore Regional 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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