NOT LISTED FOR SALE

49 Bay Way Brick, NJ 08723

Estimated Value: $320,000 - $1,321,000

0.14 Acres
$6,100,236 Price per Acre
6,098 Sq Ft Lot

Sale Details

Date Sold: July 20, 2020

Last sale price $149,900

Est. 470% increase in value since last sale

Current estimated payment $6,481 / mo

153 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Lot

As of July 2020

5/20/2020 - Property has a large tidelands claim open with the state of New Jersey due to backfilled land which may effect the ability to construct a home on the lot to meet the current zoning requirement.Lagoon-front vacant lot featuring spectacular water views. Located in the Bay Harbor Estate section of Brick Township, close to beaches, bays, parks and marinas. Buyer must verify is property is Buildable ''PRIOR'' to submission of any offers .NOTE: Home was recently demolished.
BULKHEADING NEEDS REPLACEMENT. NOT SUBJECT TO PROPERTY BEING A BUILDABLE LOT. SELLER HAS NO SURVEYS, FLOOD ELEVATION CERTIFICATES OR DISCLOSURES TO PROVIDE. LAND WILL NOT BE SOLD CONTINGENT UPON NJDEP or WETLANDS APPROVALS

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 12/05/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

John Glancy Jr.

RE/MAX at Barnegat Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,476

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 71 x 95 x 71 x 87
  • Home fronts a lagoon or estuary

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 07-00378-42-00004

Community Details

Overview

  • Bay Harbor Subdivision

Recreation

  • Property near a lagoon
  • Electricity Available at Street
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$6,476

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Lagoon
  • Subdivision Name: Bay Harbor
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 71 X 95 X 71 X 87
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.14
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 71 X 95 X 71 X 87
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00378-42-00004
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6476.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Bought by
Current Estimated Value
$854,033

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jul 1, 2020
Sold by
Bought by
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
John Glancy
Coldwell Banker Flanagan Realty
List Price
$256,500
Sold Price
$149,900
Premium/Discount to List
-$106,600
-41.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.17%

Purchase Details

Closed on
Aug 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 17, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Counsellors Title
$149,900 Counsellors Title Agency Inc
-- --
$616,000 --
$616,100 --
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $490,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $149,900 -35.0% --
06/12/2020 06/12/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $230,500 -5.3% --
02/14/2020 02/14/20 Price Changed $243,500 -5.1% --
01/10/2020 01/10/20 For Sale $256,500 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,735 $837,700 $275,000 $562,700
2024 $20,566 $837,700 $275,000 $562,700
2023 $20,297 $837,700 $275,000 $562,700
2022 $6,663 $275,000 $275,000 $0
2021 $6,514 $275,000 $275,000 $0
2020 $6,441 $275,000 $275,000 $0
2019 $6,628 $287,800 $275,000 $12,800
2018 $6,476 $287,800 $275,000 $12,800
2017 $6,300 $287,800 $275,000 $12,800
2016 $6,268 $287,800 $275,000 $12,800
2015 $9,757 $460,000 $421,400 $38,600
2014 $9,678 $460,000 $421,400 $38,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21947544

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00378-42-00004

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