NOT LISTED FOR SALE

55 Wanamassa Point Rd Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $539,000 - $766,000

2 Beds
1.5 Baths
1,372 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $600,000 $437 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,092/month

33 Days on Market

Highlights

  • Lake Front
  • Deck
  • Den
  • Lake On Lot
  • No HOA
  • Log Cabin

About This Home

As of July 2024

Rare opportunity to own lakefront property on Deal Lake, in one of Wanamassa's most charming neighborhoods. Tremendous opportunity for buyers interested in putting some TLC into existing home on large corner lot: 2 bedroom, 1.5 bath log cabin with upstairs den complimented by pitched wooden ceilings. Porch overlooks the lake; 2-car garage offers plenty of storage. Minutes from some of the best beaches, restaurants and shopping the Jersey Shore has to offer, including red hot Asbury Park. This is an ''AS IS'' sale and certificate of occupancy is the responsibility of the buyer. New sump pump and hot water heater installed 09/2023.

Last Agent to Sell the Property

Heddy Pierson

Burke&Manna Real Estate Agency License #1974212 Listed on: 03/22/2024

Last Buyer's Agent

Kenneth Rickel

Space & Company License #0893268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1922

Lot Details

  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,372 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Blinds
  • Den
  • Wall to Wall Carpet
  • Water Views
  • Partial Basement
  • Dryer

Kitchen

  • Stove
  • Portable Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom Bathtub Only

Outdoor Features

  • Lake On Lot
  • Deck
  • Porch

Schools

  • Wanamassa Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: All personal items, dining room chandelier, stain glass Dutch front door.
  • Assessor Parcel Number 00113000000035

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,226

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Lake
  • Inclusions: AC Units, Blinds/Shades, Counter Top Range, Dryer, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Log, Detached, 2 Story
  • Reso Interior Features: Built-Ins, Den
  • New Construction: No
  • Year Built: 1922
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Ocean
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Number Appliances Included A C Units: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Cooling Multi Units: Yes
  • Included Counter Top Range: Yes
  • Dining Room Built-Ins3: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Siding Log2: Yes
  • Style Log: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Basement:Partial: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exclusions: All personal items, dining room chandelier, stain glass Dutch front door.
  • Construction Type: Log
  • Exterior Features: Deck, Porch - Open

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Parcel #: 00113000000035
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Wanamassa
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 21, 2024
Sold by
Canale Joseph M and Canale Adela C
Bought by
Marion-Sc Properties Llc and Newell Street Llc
Seller's Agent
Heddy Pierson
Burke&Manna Real Estate Agency
Buyer's Agent
Kenneth Rickel
Space & Company
List Price
$699,000
Sold Price
$600,000
Premium/Discount to List
-$99,000
-14.16%
Views
123
Current Estimated Value
$658,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,422
Avg. Annual Appreciation
7.78%

Purchase Details

Closed on
Nov 1, 1992
Bought by
Canale Joseph M and Canale Adela C
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
Marion-Sc Properties Llc $600,000 All Ahead Title
Marion-Sc Properties Llc $600,000 All Ahead Title
Canale Joseph M $118,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $600,000 -14.2% $437 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $699,000 0.0% $509 / Sq Ft
03/20/2024 03/20/24 Price Changed $699,000 -- $509 / 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 $7,226 $589,600 $488,500 $101,100
2024 $6,732 $497,300 $398,500 $98,800
2023 $6,732 $432,400 $398,500 $33,900
2022 $8,214 $410,700 $381,400 $29,300
2021 $8,214 $436,700 $381,400 $55,300
2020 $9,066 $446,800 $381,400 $65,400
2019 $7,393 $356,100 $291,400 $64,700
2018 $6,990 $327,700 $268,900 $58,800
2017 $6,873 $321,000 $268,900 $52,100
2016 $8,730 $366,500 $289,200 $77,300
2015 $9,169 $390,000 $342,700 $47,300
2014 $9,276 $400,500 $327,400 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407552

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00113-0000-00035