NOT LISTED FOR SALE

506 Cedar Ave Pine Beach, NJ 08741

Estimated Value: $436,000 - $508,000

3 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold January 22, 2021

Last sale price $305,000

Est. 53% increase in value since last sale

Current estimated payment $2,879/month

9 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Attic
  • No HOA
  • Wooded Lot
  • Granite Countertops
  • Porch

About This Home

As of January 2021

Home Sweet Home is an understatement for this newly renovated 3 bdrm, 2 bath custom style ranch home just 4 blocks to the riverfront in the quaint community of Pine Beach. New roof, siding, wdws, flooring & doors. Gorgeous new ktchn w/white shaker cabinetry, granite countertops, breakfast bar, stainless steel appliances & subway tile backsplash. Large master bedroom suite w/gas fp, private full bath & oversized walk-in-closet. 2 addt'l bedrooms or use one for dedicated dine rm. Spacious laundry/mud rm and door to backyard. Open flr plan, dec moldings & recessed lites. Covered rear patio, fenced yard & shed. LOT EXTENDS beyond fence on driveway side approximately 39 feet from right side of home. Nat'l gas hwbb heat plus split system heat & A/C.

Last Agent to Sell the Property

Lori Petersen

RE/MAX at Barnegat Bay License #0122401 Listed on: 11/16/2020

RE/MAX at Barnegat Bay

Last Buyer's Agent

Paloma Gibson

RE/MAX Revolution License #1751712

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,176

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Fenced
  • Level Lot
  • Wooded Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Blinds
  • Family Room
  • Living Room
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Porch

Schools

  • Pine Beach Elementary School
  • Intermed South Middle School
  • TOMS River South High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ranch

Listing and Financial Details

  • Exclusions: Staged items.
  • Assessor Parcel Number 23-00014-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,176

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Ranch
  • ResoLotFeatures: Fenced Area, Wooded
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Attic, Dec Molding, Laundry Tub, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.22
  • General Property Info Lot Dimensions: 75 x 125
  • Location Middle School: Intermed South
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Outdoor Lighting: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Kitchen Dec Molding5: Yes
  • Interior Laundry Tub: Yes
  • Lot Description Wooded: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - Laminate5: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Topography: Level
  • Waterfront: No
  • Exclusions: Staged items.
  • Exterior Features: Fence, Patio, Porch - Open, Shed, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Other, See Remarks, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Intermed South

Lot Info

  • Lot Dimensions: 75 x 125
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 23-00014-0000-00004
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4176.0

MLS Schools

  • Elementary School: Pine Beach
  • High School: Toms River South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 20, 2021
Sold by
Gingerelli Charles and Gingerelli Laura
Bought by
Montes Alberto Perez and Perez Melinda J
Seller's Agent
Lori Petersen
RE/MAX at Barnegat Bay
Buyer's Agent
Paloma Gibson
RE/MAX Revolution
List Price
$285,000
Sold Price
$305,000
Premium/Discount to List
$20,000
7.02%
Current Estimated Value
$467,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,095
Avg. Annual Appreciation
8.90%
Original Mortgage
$299,475
Outstanding Balance
$266,622
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$200,473

Purchase Details

Listed on
Jul 11, 2018
Closed on
Nov 20, 2018
Sold by
Barnett Jerome J and Estate Of Sheryl Barnett
Bought by
Gingerelli Charles and Gingerelli Laura
Seller's Agent
Joyce Ellis-grasso
C21/ Action Plus Realty
Buyer's Agent
Lori Petersen
Ann Schuld Realty
Sold Price
$136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.59%

Purchase Details

Closed on
Aug 16, 1996
Sold by
Thorn Caren
Bought by
Barnett Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.18%
Mortgage Type
FHA
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
Montes Alberto Perez $305,000 All Ahead Title
Gingerelli Charles $136,000 Rms Title Services Llc
Barnett Sheryl $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montes Alberto Perez $299,475
Previous Owner Barnett Sheryl $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $305,000 +7.0% --
11/25/2020 11/25/20 Pending -- -- --
11/15/2020 11/15/20 For Sale $285,000 +109.6% --
11/29/2018 11/29/18 Sold $136,000 -- $113 / Sq Ft View Prior Sale
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 $5,537 $296,100 $145,000 $151,100
2024 $5,194 $296,100 $145,000 $151,100
Source: Public Records

Agents Affiliated with this Home

  • Lori Petersen

    Seller's Agent in 2021

    Lori Petersen

    RE/MAX at Barnegat Bay

    (732) 330-6932

    12 in this area

    50 Total Sales

    Lori Petersen
    Section Image

  • P

    Buyer's Agent in 2021

    Paloma Gibson

    RE/MAX

    Section Image
  • Joyce Ellis-grasso

    Seller's Agent in 2018

    Joyce Ellis-grasso

    C21/ Action Plus Realty

    (732) 239-6084

    68 Total Sales

    Joyce Ellis-grasso
    Section Image

  • L

    Buyer's Agent in 2018

    Lorraine Petersen

    Real Estate, LTD

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22040663

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00014-0000-00004

New Jersey Ocean County Pine Beach 08741

506 Cedar Ave, Pine Beach, NJ

Not Listed for Sale

Detached

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