NOT LISTED FOR SALE

505 Overlook Dr Neptune, NJ 07753

Estimated Value: $600,000 - $683,128

3 Beds
1.5 Baths
1,540 Sq Ft
$417/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $500,000 $325 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,172/month

23 Days on Market

Highlights

  • 0.26 Acre Lot
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Screened Porch
  • Eat-In Kitchen

About This Home

As of April 2023

Neptune - SHARK RIVER HILLS- A RARE FIND and MUCH DESIRED HIGHLY sought-after Shark River Hills area is the perfect place to settle & call home! This 3 bed 1.1 half bath with a partially finished basement is exactly what you are looking for. Front open porch for you to sit back and relax and enjoy all the tranquility one could want. Just entering the home you will see the open floor plan with beautiful hardwood flooring and wood burning fireplace. Eat in Kitchen with ample counter space for all your meal preparations. A separate Private Dining room area for all the entertaining. 3 spacious sized bedrooms with updated 1.1 half bathrooms. A partially finished basement with plenty of storage space as well. A large covered open-air side porch and a private backyard give you all the privacy you could want. Close to Shark River Marina, Schools, Parks, Golfing, Plus major Highways for an easy commute.

Last Agent to Sell the Property

Patricia Romano

RE/MAX of Long Beach Island License #0121173 Listed on: 02/07/2023

Last Buyer's Agent

Lynn Parry

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,630

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Screened Porch
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom Bathtub Only

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: personal items/furniture
  • Assessor Parcel Number 35-04910-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,630

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Wood
  • New Construction: No
  • Year Built: 1957
  • Contract Info List PriceSqFt: 324.61
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.26
  • General Property Info Lot Dimensions: 75 x 150
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Exterior Porch - Screened: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Partially Finished: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Topography: Level
  • Waterfront: No
  • Exclusions: personal items/furniture
  • Exterior Features: Porch - Enclosed, Porch - Screened
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 75 x 150
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 35-04910-0000-00012
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8630.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 4, 2023
Sold by
Burke David T
Bought by
Lambert Melissa Leigh and Boyle Joseph Christopher
Seller's Agent
Patricia Romano
RE/MAX of Long Beach Island
Buyer's Agent
Lynn Parry
Keller Williams Realty West Monmouth
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
80
Current Estimated Value
$642,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,282
Avg. Annual Appreciation
9.95%
Original Mortgage
$450,000
Outstanding Balance
$437,607
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$204,675

Purchase Details

Listed on
Feb 7, 2023
Closed on
Feb 10, 2023
Sold by
Burke John J
Bought by
Burke Kevin R
Seller's Agent
Patricia Romano
RE/MAX of Long Beach Island
Buyer's Agent
Lynn Parry
Keller Williams Realty West Monmouth
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
80

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
Outstanding Balance
$437,607
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$204,675
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lambert Melissa Leigh $500,000 None Listed On Document
Lambert Melissa Leigh $500,000 None Listed On Document
Burke Kevin R -- Empire Title & Abstract
Burke Kevin R -- Empire Title & Abstract
Burke John J -- Empire Title & Abstract
Burke John J -- Empire Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Melissa Leigh $450,000
Closed Lambert Melissa Leigh $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $500,000 0.0% $325 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $499,900 -- $325 / 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 $9,356 $652,000 $372,000 $280,000
2024 $8,887 $534,300 $324,700 $209,600
2023 $8,887 $492,100 $265,100 $227,000
2022 $8,422 $450,900 $228,300 $222,600
2021 $7,768 $410,400 $243,200 $167,200
2020 $8,324 $393,000 $234,500 $158,500
2019 $8,018 $373,800 $225,200 $148,600
2018 $7,562 $348,500 $200,900 $147,600
2017 $7,495 $331,800 $195,200 $136,600
2016 $7,296 $322,100 $187,700 $134,400
2015 $6,433 $300,100 $168,900 $131,200
2014 $5,807 $223,600 $118,900 $104,700
Source: Public Records

Agents Affiliated with this Home

  • Patricia Romano

    Seller's Agent in 2023

    Patricia Romano

    RE/MAX

    (609) 312-9043

    1 in this area

    243 Total Sales

    Patricia Romano
    Section Image

  • L

    Buyer's Agent in 2023

    Lynn Parry

    Keller Williams Realty West Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22303367

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-04910-0000-00012

New Jersey Monmouth County Neptune 07753

505 Overlook Dr, Neptune, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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