NOT LISTED FOR SALE

637 Prospect Ave Pine Beach, NJ 08741

Estimated Value: $501,000 - $562,478

4 Beds
2 Baths
2,044 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $390,000 $191 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,223/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Bonus Room
  • Beamed Ceilings

About This Home

As of April 2023

Charming 4 bedroom 2 Bath Colonial located in historic Pine Beach. Newer roof. Features over 2000 square feet of living space. Recessed lighting. Wood burning brick fireplace. Hardwood floors and original tongue & groove cathedral ceilings add to the character. A second floor master suite with full bathroom. Possible 3rd floor expansion. Sprinkler system.
Garden lovers will appreciate the array of sessional flowers that bloom from spring to fall. Fenced in yard and large deck. Needs TLC. This riverfront community offer parks, yacht club, pier, & bike paths all walking distance away. Quick access to bay by boat ramp down the street. Minutes to Parkway, Toms River, Island State Beach Park and Seaside heights.

Last Agent to Sell the Property

Richard Davidson

RE/MAX Revolution License #8630800 Listed on: 01/06/2023

RE/MAX Revolution

Last Buyer's Agent

Pamela Namowitz

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Partial Basement
  • Walkup Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Pine Beach Elementary School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23-00033-0000-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,038

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Ceiling Fan(s), Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic - Walk Up, Built-Ins, Dec Molding, French Doors, Skylight, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1910
  • Contract Info List PriceSqFt: 195.69
  • 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: 0.14
  • General Property Info Lot Dimensions: 50 x 125
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Exterior Sprinkler Under: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Rooms Bonus Room2: Yes
  • Foyer Fireplace - Woodburning: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Style Shore Colonial: Yes
  • Foyer Floor - Ceramic: Yes
  • Interior Attic - Walk Up: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Floor - WW Carpet: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Features Interior:Skylight: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Fence, Shed, Sprinkler Under
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 50 x 125
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 23-00033-0000-00035
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5038.0

MLS Schools

  • Elementary School: Pine Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 23, 2023
Sold by
Davidson Joseph A
Bought by
Petronzio Dominick
Seller's Agent
Richard Davidson
RE/MAX Revolution
Buyer's Agent
Pamela Namowitz
NON MEMBER
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
238
Current Estimated Value
$525,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,620
Avg. Annual Appreciation
11.20%
Original Mortgage
$585,000
Interest Rate
7.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2004
Sold by
Hyatt William P and Hyatt Pamela J
Bought by
Davidson Joseph A and Davidson Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Petronzio Dominick $390,000 Simplicity Title
Davidson Joseph A $125,000 Associates Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petronzio Dominick $585,000
Previous Owner Davidson Joseph A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $390,000 -2.5% $191 / Sq Ft
03/31/2023 03/31/23 For Sale $400,000 0.0% $196 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
01/21/2023 01/21/23 Price Changed $400,000 -11.1% $196 / Sq Ft
01/06/2023 01/06/23 For Sale $450,000 +15.4% $220 / Sq Ft
12/28/2022 12/28/22 Off Market $390,000 -- --
12/28/2022 12/28/22 For Sale $450,000 -- $220 / 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 $6,021 $322,000 $125,000 $197,000
2024 $5,648 $322,000 $125,000 $197,000
2023 $5,038 $322,000 $125,000 $197,000
2022 $5,038 $192,800 $78,300 $114,500
2021 $4,940 $192,800 $78,300 $114,500
2020 $4,820 $192,800 $78,300 $114,500
2019 $4,662 $192,800 $78,300 $114,500
2018 $4,562 $192,800 $78,300 $114,500
2017 $4,417 $192,800 $78,300 $114,500
2016 $4,299 $192,800 $78,300 $114,500
2015 $4,174 $192,800 $78,300 $114,500
2014 $4,008 $192,800 $78,300 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22238137

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00033-0000-00035