NOT LISTED FOR SALE

5 Cedar Ave Waretown, NJ 08758

Estimated Value: $681,000 - $792,000

5 Beds
2 Baths
2,252 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $390,000 $173 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,760/month

35 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Cape Cod Architecture
  • Docks
  • Property near a lagoon
  • Deck

About This Home

As of March 2020

What a great property to call Home. Conveniently located in a tranquil area of Waretown. Large Open floor plan with plenty of windows to enjoy all those water views. wood stove and large island in the kitchen help make this home cozy and inviting. This property is a Boaters delight, Minutes to the Bay and the BI (Barnegat Inlet) Buoy. Enjoy the many boats as they pass. Dedicated dock space for 2 boats. Deck, vinyl bulkhead and maintenance free backyard add to the perks.
Upstairs enjoy the GENEROUSLY sized rooms, washer and dryer accommodations, and neutral coloring. Rare opportunity to own on the water and have a full basement with plenty of room for storage. Situated on a Quiet street, but easy access to all the main areas.

Last Agent to Sell the Property

Nicole Sabarese

RE/MAX at Barnegat Bay License #8741656 Listed on: 09/14/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

Michael Haliscak

Glen Kelly Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,745

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 75 x 105
  • Home fronts a lagoon or estuary

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Double-Wide Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,252 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck

Schools

  • Waretown Elementary School
  • Southern Reg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21-00167-0000-00003-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,745

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • Inclusions: Washer, Wood Stove, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Laminate, Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic, Sliding Door, Eat-in Kitchen
  • New Construction: No
  • Year Built: 2005
  • Contract Info New Construction: No
  • 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
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75 x 105
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Included Ceiling Fan(s): Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Kitchen KitchenDine: Yes
  • Foyer Floor - Laminate: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Floors Tile: Yes
  • Included Wood Stove: Yes
  • Garage Converted: Yes
  • Kitchen Fireplace - Woodburning4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bulkhead, Lagoon
  • Waterfront: Yes
  • Exterior Features: Deck, Dock
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Double Wide Drive, Driveway, Off Street, Converted Garage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 75 x 105
  • Parcel #: 21-00167-0000-00003-01
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8745.0

MLS Schools

  • Elementary School: Waretown
  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Mar 5, 2020
Sold by
Murrhy Keith R and Murphy Caroline H
Bought by
Wood Robert and Wood Michelle
Seller's Agent
Nicole Sabarese
RE/MAX at Barnegat Bay
Buyer's Agent
Michael Haliscak
Glen Kelly Real Estate LLC
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$743,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,826
Avg. Annual Appreciation
12.11%
Original Mortgage
$300,000
Outstanding Balance
$265,186
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$478,640

Purchase Details

Closed on
Oct 3, 2002
Sold by
Decandia Marco
Bought by
Murphy Keith and Murphy Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wood Robert $390,000 Foundation Title
Murphy Keith $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Robert $300,000
Previous Owner Murphy Keith $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold $390,000 -2.3% $173 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $399,000 -- $177 / 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 $10,172 $674,100 $295,000 $379,100
2024 $10,007 $674,100 $295,000 $379,100
2023 $9,361 $430,800 $215,000 $215,800
2022 $9,361 $430,800 $215,000 $215,800
2021 $9,206 $430,800 $215,000 $215,800
2020 $9,086 $430,800 $215,000 $215,800
2019 $8,909 $430,800 $215,000 $215,800
2018 $8,745 $430,800 $215,000 $215,800
2017 $8,448 $430,800 $215,000 $215,800
2016 $8,207 $430,800 $215,000 $215,800
2015 $7,991 $430,800 $215,000 $215,800
2014 $7,927 $430,800 $215,000 $215,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21937860

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 21-00167-0000-00003-01