$700,000
SOLD JUN 7, 2024

50 Sheridan Ave Seaside Heights, NJ 08751

0.09 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

7% Below List Price

1 Day on Market

About This Lot

As of April 2025

Ocean Block Buildable Lot.

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 04/18/2024

Last Buyer's Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 04/18/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,171

Outdoor Features

  • Electricity Available at Street
  • Oceanside

Additional Features

  • Ocean Views
  • Lot Dimensions are 40 x 100
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 11111111111

Property Details

Property Type

Land

Est. Annual Taxes

$5,171

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Water Type Oceanview: Yes
  • General Property Info Lot Dimensions: 40 X 100
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Waterfront Features: Oceanview
  • Waterfront: No

Lot Info

  • Lot Dimensions: 40 X 100
  • Parcel #: 11111111111
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
Apr 10, 2025
Sold by
Wp Property Llc and Pereira Concrete Llc
Bought by
Patel Sonia and Patel Jatinchandra
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Betty Meseroll
Seaside Heights Realty Inc.
List Price
$1,149,000
Sold Price
$1,100,000
Premium/Discount to List
-$49,000
-4.26%
Views
16
Current Estimated Value
$299,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$800,532
Avg. Annual Appreciation
-99.45%
Original Mortgage
$675,000
Outstanding Balance
$580,167
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$280,699

Purchase Details

Listed on
Oct 12, 2024
Closed on
Apr 1, 2025
Sold by
Pereira Concrete Llc and Wp Property Llc
Bought by
Pereira Concrete Llc and Wp Property Llc
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Betty Meseroll
Seaside Heights Realty Inc.
List Price
$1,149,000
Sold Price
$1,100,000
Premium/Discount to List
-$49,000
-4.26%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$580,167
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$280,699

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 30, 2024
Sold by
C Rhr Zang Llc
Bought by
Pereira Concrete Llc
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Michael Loundy
Seaside Heights Realty Inc.
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.27%

Purchase Details

Closed on
Feb 11, 2021
Sold by
K & J Motel Inc
Bought by
C Rhr Zang Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Deed $500,000 Sage Title & Settlement Servic
Bargain Sale Deed -- Sage Title
Bargain Sale Deed -- Sage Title
Bargain Sale Deed $700,000 Sage Title
Deed $200,000 Commonwealth Land Ttl Ins Ll
Bargain Sale Deed $200,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 Construction
Previous Owner $1,350,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $1,100,000 -4.3% $367 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/12/2024 10/12/24 For Sale $1,149,000 +64.1% $383 / Sq Ft
06/07/2024 06/07/24 Sold $700,000 -6.7% --
04/19/2024 04/19/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $749,900 -- --
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 $5,171 $183,700 $180,000 $3,700
2023 $4,800 $183,700 $180,000 $3,700
2022 $4,800 $183,700 $180,000 $3,700
2021 $4,629 $183,700 $180,000 $3,700
2020 $4,640 $183,700 $180,000 $3,700
2019 $4,326 $183,700 $180,000 $3,700
2018 $4,389 $183,700 $180,000 $3,700
2017 $4,223 $180,000 $180,000 $0
2016 $4,133 $180,000 $180,000 $0
2015 $3,991 $180,000 $180,000 $0
2014 $3,672 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22410562

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00040-0000-00029