NOT LISTED FOR SALE

5 Island Ct Brick, NJ 08724

Estimated Value: $788,000 - $935,528

4 Beds
3 Baths
1,756 Sq Ft
$497/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $750,000 $427 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,575/month

5 Days on Market

Highlights

  • Beach Front
  • Parking available for a boat
  • Home fronts a lagoon or estuary
  • Docks
  • In Ground Pool
  • River View

About This Home

As of December 2021

Gorgeous Bi-Lvl has everything you want & need. Your new Summer getaway or all year round retreat, nestled right on the Lagoon w/views of the picturesque Metedeconk River. Right in the highly desired Cedar Croft section of Brick, the location is unbeatable! Wait until you get inside. The all around aesthetic is modern & charming. Enjoy vistas of the water from every part of the home. The natural sunlight is undeniable! Upper lvl w/huge LR is open to an EIK. Access to the raised deck here makes entertaining a breeze. Beautiful HW Flrs all through. EIK w/SS appl., wine fridge, quartz counters & ample storage. 2 Great sized BRs on this lvl. Main BR w/access to the sleek full bath & the 2nd bath is so convenient. Lower lvl is perfect for housing guests or loved ones! Fam Rm w/Fireplace + a kitchenette. 2 More BRs & a full bath, too. Paver patio looks over a Gunite I/G Pool + views of the lagoon. Bulkhead & dock. Outdoor shower. Mins form boardwalks, beaches, restaurants & more! A MUST SEE!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st. Advantage License #0232901 Listed on: 10/29/2021

RE/MAX 1st. Advantage

Co-Listed By

Michael McGuirk

RE/MAX 1st. Advantage License #1326691

Last Buyer's Agent

Allen Gonzalez

Keller Williams Realty Ocean Living License #1970988

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,273

Year Built

  • Built in 1970

Lot Details

  • 5,663 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Beach Front
  • Fenced

Parking

  • 1 Car Direct Access Garage
  • Driveway with Pavers
  • Paver Block
  • Parking available for a boat

Home Design

  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • River Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Property near a lagoon
  • Docks
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Belongings. W&D. Refrigerator.
  • Assessor Parcel Number 07-00878-01-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,273

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Beachfront, Lagoon, Riverview
  • ResoPoolFeatures: Gunite, In Ground
  • Reso View: Waterview
  • Co List Office Mls Id: 2127
  • Co List Office Phone: 732-382-0200
  • Inclusions: Dishwasher, Microwave, Stove
  • Subdivision Name: None
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Reso Interior Features: Dec Molding, Recessed Lighting
  • Unit Levels: Bi-Level
  • New Construction: No
  • Year Built: 1970
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Quartz: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.13
  • Style Bi-Level: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Floors Tile: Yes
  • Siding Cedar: Yes
  • PoolGunite: Yes
  • Water Type Riverview: Yes
  • Allowable Boats: Yes
  • Lot Description Beachfront2: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.13
  • Topography: Level
  • Waterfront Features: Lagoon, Riverview
  • Waterfront: Yes
  • Exclusions: Personal Belongings. W&D. Refrigerator.
  • Construction Type: Cedar
  • Exterior Features: Dock, Outdoor Shower, Lighting
  • Patio And Porch Features: Deck, Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Paver Block, Driveway
  • General Property Info:Garage: 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
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 07-00878-01-00016
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10273.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 9, 2021
Sold by
Ferrara Ralph P
Bought by
Raineri John and Raineri Nicole
Seller's Agent
Robert Dekanski
RE/MAX 1st. Advantage
Buyer's Agent
Allen Gonzalez
Keller Williams Realty Ocean Living
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$872,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,882
Avg. Annual Appreciation
4.07%
Original Mortgage
$500,000
Outstanding Balance
$459,869
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$413,013

Purchase Details

Closed on
Jul 27, 2021
Sold by
Ferrara Antonene
Bought by
Ferrara Ralph P and Ferrara Ralph

Purchase Details

Closed on
Feb 10, 2020
Sold by
Ferrara Ralph P and Ferrara Ralph
Bought by
Ferrara Ralph P and Ferrara Antonene

Purchase Details

Closed on
Sep 3, 2015
Sold by
Knowles Weston and Knowles Cindy
Bought by
Ferrara Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,500
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Morris Tracy L
Bought by
Knowles Weston and Knowles Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Morris Jeffrey S
Bought by
Morris Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,875
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
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
Raineri John $750,000 Title Agency
Ferrara Ralph P -- None Available
Ferrara Ralph P -- None Available
Ferrara Ralph $600,000 Foundation Title Llc
Knowles Weston $805,000 None Available
Morris Tracy L -- --
Morris Tracy L $554,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raineri John $500,000
Previous Owner Ferrara Ralph $595,500
Previous Owner Knowles Weston $450,000
Previous Owner Morris Tracy L $415,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $750,000 0.0% $427 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $750,000 0.0% $427 / Sq Ft
11/02/2020 11/02/20 Rented $3,500 0.0% --
09/24/2020 09/24/20 Under Contract -- -- --
08/30/2020 08/30/20 For Rent $3,500 -90.3% --
09/01/2013 09/01/13 Rented $36,000 +1100.0% --
01/01/2013 01/01/13 Rented $3,000 -- --
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 $11,367 $435,500 $266,900 $168,600
2024 $10,787 $435,500 $266,900 $168,600
2023 $10,631 $435,500 $266,900 $168,600
2022 $10,631 $435,500 $266,900 $168,600
2021 $10,408 $435,500 $266,900 $168,600
2020 $10,273 $435,500 $266,900 $168,600
2019 $10,091 $435,500 $266,900 $168,600
2018 $9,860 $435,500 $266,900 $168,600
2017 $9,455 $429,200 $266,900 $162,300
2016 $9,404 $429,200 $266,900 $162,300
2015 $9,159 $429,200 $266,900 $162,300
2014 $9,082 $429,200 $266,900 $162,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22135335

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00878-01-00016