NOT LISTED FOR SALE

Estimated Value: $1,241,000 - $1,560,000

5 Beds
3 Baths
1,104 Sq Ft
$1,233/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $998,000 $904 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,695/month

Highlights

  • Home fronts navigable water
  • Open Floorplan
  • Property fronts the bay but unit may not have water views
  • Water Access
  • Deck
  • Wooded Lot

About This Home

As of August 2022

ISLAND TREEZE - Escape reality to the magical north side of the Island and "hang your hat" in this wonderful five-bedroom three-bath home on one of the most coveted streets in Barnegat Light. Use as an investment property or create your own dream home. Whatever you choose, serenity awaits.
Spacious home with open floor plan on the second level providing a great space for entertaining or curling up with a good book. Sliding glass doors extend the area onto the deck with a spiral staircase that leads to the observatory deck. Five bedrooms total, three on the second level and two on the first floor provide plenty of privacy and sleeping accommodations for family and friends.
Known as the historic area of Barnegat Light, this deep lot is surrounded by history. Along with the surrounding historic properties, several new homes have been built and two are currently in progress of being developed. A short walk away is the Barnegat Light Museum, the Edith Duff-Gwenn Gardens, the Lighthouse and National Park, marinas, shops, restaurants, miniature golf, and of course ...the wide beautiful protective beaches. So much to do and so many ways to create awesome fun memories!
House is turn-key...priced to sell and enjoy! Experience an unbelievable lifestyle and create lasting memories...don't miss out on this one!

Last Agent to Sell the Property

Dolores Svelling

(609) 618-2735 dsvelling@hotmail.com HCH Real Estate License #7933626 Listed on: 05/04/2022

Last Buyer's Agent

Mark Ceres

(908) 507-0055 ceresma@earthlink.net Weichert Realtors - Ship Bottom

Weichert Realtors - Ship Bottom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,289

Year Built

  • Built in 1983

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Property fronts the bay but unit may not have water views
  • Home fronts navigable water
  • Wooded Lot
  • Property is zoned R-A

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Rear-Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Piling Construction

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Window Screens
  • Dining Area
  • Attic Fan

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on lower level
  • Front Loading Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean
  • Deck
  • Exterior Lighting

Location

  • Flood Risk

Schools

  • Ethel A. Jacobsen Elementary School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00009
  • Assessor Parcel Number 02-00010-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,289

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Bicycles, Kayaks, Paddle Boards
  • Home Warranty: No
  • Inclusions: Furnished per Inventory
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: ISLAND TREEZE - Escape reality to the magical north side of the Island and "hang your hat" in this wonderful five-bedroom three-bath home on one of the most coveted streets in Barnegat Light. Use as an investment property or create your own dream home. Whatever you choose, serenity awaits. Spacious home with open floor plan on the second level providing a great space for entertaining or curling up with a good book. Sliding glass doors extend the area onto the deck with a spiral staircase that leads to the observatory deck. Five bedrooms total, three on the second level and two on the first floor provide plenty of privacy and sleeping accommodations for family and friends. Known as the historic area of Barnegat Light, this deep lot is surrounded by history. Along with the surrounding historic properties, several new homes have been built and two are currently in progress of being developed. A short walk away is the Barnegat Light Museum, the Edith Duff-Gwenn Gardens, the Lighthouse and National Park, marinas, shops, restaurants, miniature golf, and of course ...the wide beautiful protective beaches. So much to do and so many ways to create awesome fun memories! House is turn-key...priced to sell and enjoy! Experience an unbelievable lifestyle and create lasting memories...don't miss out on this one!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior Amenities: Attic/House Fan, Floor Plan - Open, Attic, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Kitchen - Island
  • Window Features: Screens, Sliding
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Pilings, Slab
  • Levels Count: 2
  • Room Count: 10
  • Basement: No
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 1104
  • Living Area Sq Ft: 1104
  • Price Per Sq Ft: 903.99
  • Above Grade Finished Sq Ft: 1104
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Outside Shower
  • Roof: Fiberglass, Shingle
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Electric Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LONG BEACH ISLAND SCHOOLS
  • Elementary School: ETHEL A. JACOBSEN
  • Elementary School Source: Listing Agent
  • School District Key: 300200396370
  • School District Source: Listing Agent
  • Elementary School: ETHEL A. JACOBSEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 214300.00
  • Land Assessed Value: 380000.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6251.00
  • Outdoor Living Structures: Deck(s), Roof
  • Soil Types: Sandy
  • Year Assessed: 2021
  • Zoning: R-A

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 2825696
  • Tax Annual Amount: 5289.00
  • Assessor Parcel Number: 02-00010-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1104
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/29/2022

MLS Schools

  • School District Name: LONG BEACH ISLAND SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 26, 2022
Sold by
Doran Richard and Doran Kathleen R
Bought by
Reden John J and Reden Elizabeth A
Seller's Agent
Dolores Svelling
HCH Real Estate
Buyer's Agent
Mark Ceres
Weichert Realtors - Ship Bottom
List Price
$1,124,000
Sold Price
$998,000
Premium/Discount to List
-$126,000
-11.21%
Current Estimated Value
$1,361,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,296
Avg. Annual Appreciation
10.50%
Original Mortgage
$150,000
Outstanding Balance
$128,027
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$1,233,269

Purchase Details

Closed on
Sep 21, 2009
Sold by
Gaj Raymond P and Dickinson Elizabeth R
Bought by
Doran Richard and Doran Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1998
Sold by
Maki Melvin W and Jane Maki E
Bought by
Gaj Raymond P and Dickinson Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.84%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Reden John J $998,000 Fidelity National Title
Reden John J $998,000 Fidelity National Title
Doran Richard $595,000 None Available
Gaj Raymond P $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reden John J $150,000
Closed Reden John J $150,000
Previous Owner Doran Richard $395,000
Previous Owner Gaj Raymond P $227,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $998,000 0.0% $904 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/09/2022 06/09/22 Price Changed $998,000 -11.2% $904 / Sq Ft
05/04/2022 05/04/22 For Sale $1,124,000 -- $1,018 / Sq Ft
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
2025 $5,991 $594,300 $380,000 $214,300
2024 $5,295 $594,300 $380,000 $214,300
2023 $4,915 $594,300 $380,000 $214,300
2022 $4,915 $594,300 $380,000 $214,300
2021 $5,289 $594,300 $380,000 $214,300
2020 $5,367 $594,300 $380,000 $214,300
2019 $5,170 $594,300 $380,000 $214,300
2018 $5,081 $594,300 $380,000 $214,300
2017 $5,260 $594,300 $380,000 $214,300
2016 $5,123 $594,300 $380,000 $214,300
2015 $4,939 $594,300 $380,000 $214,300
2014 $5,373 $594,400 $380,000 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2009616

Bright MLS

APN: 02-00010-0000-00009