NOT LISTED FOR SALE

Estimated Value: $656,007

2 Beds
1 Bath
620 Sq Ft
$177/mo HOA Fee

Last Sold June 08, 2023

Last sale price $560,000 $903 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,408/month

9 Days on Market

Highlights

  • Water Oriented
  • Property fronts the bay but unit may not have water views
  • Furnished
  • Beach Haven School Rated A-
  • Wood Flooring
  • Programmable Thermostat

About This Home

As of June 2023

This meticulously kept and well-appointed 2 bed 1 bath first-floor bay block condo makes for the perfect Beach Haven getaway or investment property.

This property is currently undergoing an exterior remodel that is estimated to be complete by the 2nd week of May. This will include all new White Vinyl siding, new window soffits/fascia/caps (in black), all new insulation on the exterior of the building as well as re-sealing throughout. The driveway/ parking area received brand new stones and grading in March as well as a new sump-pump underneath the building to protect the home from heavy rains and rising waters. This exterior revamp will give the unit an updated Modern look that is sure to catch your eye.

This unit features an updated kitchen and bathroom, Central A/C, baseboard heat, in-unit stackable washer and dryer, rear deck, off street parking, and a back yard for entertaining. Unit is being sold furnished. Located within blocks of the top restaurants in town, walk or ride to all of the best Beach Haven offers. Rental income is estimated at $40,000 annually and low HOA fees of just $176 per month. You won't find many units with this floorplan at this price point in LBI. Don't miss the chance to secure your piece of Beach Haven in this highly sought after location!

Last Agent to Sell the Property

Evelyn Falkof

Keller Williams Realty - Washington Township License #2081408 Listed on: 04/16/2023

Keller Williams Realty - Washington Township

Last Buyer's Agent

Robin Cittone

BHHS Fox & Roach - Perrineville

BHHS Fox & Roach - Perrineville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1980

Lot Details

  • Property fronts the bay but unit may not have water views
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 620 Sq Ft Home
  • Property has 1 Level
  • Furnished
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Driveway Space

Outdoor Features

  • Water Oriented
  • Property near a bay

Location

  • Flood Risk

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Electric Baseboard Heater
  • Programmable Thermostat
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00003
  • Assessor Parcel Number 04-00129-00003-C0001

Community Details

Overview

  • Association fees include common area maintenance, insurance
  • 4 Units
  • Bayshore Condominium Association
  • Low-Rise Condominium
  • Beach Haven Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,767

Year Built

Built in 1980

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Exclusions: All personal property, wall hangings, livingroom & bedroom TVs, outside patio dining table, grill
  • Historic: No
  • Inclusions: Home is being sold furnished
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 620
  • Living Area Sq Ft: 620
  • Price Per Sq Ft: 854.84
  • Above Grade Finished Sq Ft: 620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Water Body Type: Bay
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Ductless/Mini-Split, Programmable Thermostat, Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 530.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance
  • HOA Name: BAYSHORE CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: M-C

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 40000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 2767.00
  • Assessor Parcel Number: 04-00129-00003-C0001
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/08/2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2017
Closed on
Mar 29, 2017
Sold by
Widener Robert and Widener Kristin
Bought by
Miller Steven and Miller Kathleen
Seller's Agent
Donna Posa
Weichert Realtors - Ship Bottom
Buyer's Agent
Joann Mulholland
Weichert Realtors - Ship Bottom
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%
Current Estimated Value
$656,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,007
Avg. Annual Appreciation
10.40%
Original Mortgage
$140,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Ruffenach Paul
Bought by
Salay Stephen and Salay Darla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2015
Closed on
Dec 16, 2015
Sold by
Fannie Mae
Bought by
Widener Robert and Widener Kristin
Seller's Agent
Colleen Bell
RE/MAX COASTAL
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$226,000
Sold Price
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Sep 8, 2004
Sold by
Mcginley Charles J
Bought by
Sharkey Paul F and Sharkey Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 5, 2003
Sold by
Mcginley Charles J
Bought by
Dowling Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
5.98%
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
Miller Steven $290,000 --
Salay Stephen $265,000 Surety Title
Widener Robert $226,000 Agent For First Amer Title I
Sharkey Paul F $236,000 None Available
Dowling Jean C $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Occhino Nicole $360,000
Closed Miller Steven $140,000
Previous Owner Salay Stephen $212,000
Previous Owner Sharkey Paul F $188,800
Previous Owner Dowling Jean C $190,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $560,000 +5.7% $903 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $530,000 +65.1% $855 / Sq Ft
09/02/2020 09/02/20 Sold $321,000 +3.5% $518 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $309,999 +6.9% $500 / Sq Ft
03/31/2017 03/31/17 Sold $290,000 -3.3% $537 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $299,999 +32.7% $556 / Sq Ft
12/04/2015 12/04/15 Sold $226,000 0.0% --
11/25/2015 11/25/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $226,000 -- --
Source: Bright MLS

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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $5,451 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2017758

Bright MLS

APN: 04-00129-0000-00003