NOT LISTED FOR SALE

48 Gillespie Ave Fair Haven, NJ 07704

Estimated Value: $2,176,000 - $3,590,000

4 Beds
2.5 Baths
3,364 Sq Ft
$814/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $2,025,000 $602 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,018/month

6 Days on Market

Highlights

  • River View
  • Colonial Architecture
  • No HOA
  • Viola L Sickles School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of November 2022

A once in a lifetime opportunity! This historic home is located on a premium waterfront property set in the heart of town in sought after Fair Haven. Being sold in AS-IS condition, renovate and capitalize on the existing home or start from the beginning and build your dream home! Beautiful natural light with unobstructed views of the river! Primary w/ en-suite full bath. 3 additional bedrooms plus a third floor office! Private location down winding driveway, bulkhead along waterfront, and most importantly, the property has a deeded riparian grant allowing for a dock!! Relax on the porch and enjoy the breathtaking view-- its your turn to make history!!

Last Agent to Sell the Property

Laura Barr

Resources Real Estate Brokerage Phone: 732-212-0440 Listed on: 09/12/2022

Last Buyer's Agent

Ryan Bouton

Hubbard Park Real Estate, LLC License #1754024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,362

Year Built

  • Built in 1903

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100 x 210
  • River Front
  • Historic Home

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Rolled Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3,364 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • Bay Window
  • Center Hall
  • Wood Flooring
  • River Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Washer

Kitchen

  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Riparian Grant
  • Riparian rights to water flowing past the property
  • Bulkhead
  • Cove
  • Covered Patio or Porch

Schools

  • Viola L. Sickles Elementary School
  • Knollwood Middle School
  • Rumson-Fair Haven High School

Utilities

  • Zoned Cooling
  • Heating System Uses Oil Above Ground
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-00051-0000-00034

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,362

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Bulkhead, Cove, Riparian Rts, Riverfront, Riverview
  • Inclusions: Washer, Dishwasher, Microwave, Stove, Refrigerator, Freezer
  • Subdivision Name: None
  • Architectural Style: Historic, Detached, Colonial, 2 Story
  • Reso Interior Features: Attic - Walk Up, Built-Ins, Center Hall, Dec Molding
  • Year Built: 1903
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.48
  • General Property Info Lot Dimensions: 100 x 210
  • Location Middle School: Knollwood
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • Heating Oil Above Ground: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Water Type Bulkhead: Yes
  • Interior Attic - Walk Up: Yes
  • Water Heater Oil: Yes
  • Dining Room BayBow Window3: Yes
  • Lot Description Riverfront2: Yes
  • Siding Clapboard: Yes
  • Water Type Riverview: Yes
  • Lot Description Riparian Rts: Yes
  • Style Historic: Yes
  • Lot Description Riverview2: Yes
  • Lot Description Cove2: Yes
  • Cooling 2 Zoned AC: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.48
  • Waterfront Features: Bulkhead, Riparian Grants, Riverview
  • Waterfront: Yes
  • Construction Type: Clapboard
  • Exterior Features: Patio, Porch - Open, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Knollwood

Lot Info

  • Lot Dimensions: 100 x 210
  • Lot Size Sq Ft: 20908.8
  • Parcel #: 14-00051-0000-00034
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 34362.0

MLS Schools

  • Elementary School: Viola L. Sickles
  • High School: Rumson-Fair Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Nov 9, 2022
Sold by
Lucky David W
Bought by
Gillespie Properties Llc
Seller's Agent
Laura Barr
Resources Real Estate
Buyer's Agent
Ryan Bouton
Hubbard Park Real Estate, LLC
List Price
$1,998,000
Sold Price
$2,025,000
Premium/Discount to List
$27,000
1.35%
Views
37
Current Estimated Value
$2,736,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,902
Avg. Annual Appreciation
11.07%
Source: Public Records

Range of Values:

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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
Gillespie Properties Llc $2,025,000 First American Title
Gillespie Properties Llc $2,025,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $2,025,000 +1.4% $602 / Sq Ft
09/12/2022 09/12/22 For Sale $1,998,000 -- $594 / 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
2025 $30,088 $2,124,900 $1,624,400 $500,500
2024 $30,088 $2,048,200 $1,556,900 $491,300
2023 $30,783 $1,955,700 $1,475,900 $479,800
2022 $34,347 $1,922,800 $1,465,900 $456,900
2021 $34,347 $1,852,400 $1,446,000 $406,400
2020 $34,055 $1,847,800 $1,446,000 $401,800
2019 $33,596 $1,840,900 $1,446,000 $394,900
2018 $33,953 $1,822,500 $1,446,000 $376,500
2017 $34,409 $1,811,000 $1,446,000 $365,000
2016 $35,225 $1,801,800 $1,446,000 $355,800
2015 $34,850 $1,792,700 $1,446,000 $346,700
2014 $32,864 $1,669,900 $1,349,200 $320,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22228821

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00051-0000-00034