$900,000
SOLD AUG 4, 2014
1.35 Acres
$666,667 Price per Acre
58,806 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

298 Days on Market

Highlights

  • River Front
  • Garage
  • Level Lot
  • Point Road School Rated A
  • Riparian rights to water flowing past the property

About This Lot

As of August 2023

WATERFRONT OPPORTUNITY OF A LIFETIME-PRICED WELL BELOW LAND ASSESSMENT! Panoramic views of the Shrewsbury River on one of the most prestigious streets in the Peninsula! Build your DREAM HOME on this large 1.35 acre parcel of PRIME WATERFRONT property complete with DOCK! Breathtaking Sunrises and sweeping vistas from this beautiful level property. NOT TO BE MISSED - surrounded by million dollar homes. Bike to schools, town, shopping and dining! *Existing structure damaged by Sandy*

Last Agent to Sell the Property

Mario Venancio

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Last Buyer's Agent

Cheryl Shoemaker

E A Armstrong Agency License #9806732

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,400

Year Built

  • 1907

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 150x426x307x150
  • River Front
  • Street terminates at a dead end
  • Level Lot

Parking

  • Garage

Property Views

  • Water Views

Outdoor Features

  • Riparian rights to water flowing past the property
  • Electricity Available at Street

Schools

  • Point Road Elementary School
  • Red Bank Reg High School

Utilities

  • Gas Available at Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00064000000010

Property Details

Property Type

Land

Est. Annual Taxes

$52,400

Year Built

1907

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other, See Remarks, Dead End Street, Level, Finished Road
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 1.35
  • General Property Info Lot Dimensions: 150X426X307X150
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Water Type Riverfront: Yes
  • Cable On Site: Yes
  • Water Type Riparian Rights: Yes
  • Out Buildings Garage5: Yes
  • Special Features: None
  • Year Built: 1907

Exterior Features

  • Acres: 1.35
  • Waterfront Features: Riparian Rights, Riverfront
  • Waterfront: Yes

Lot Info

  • Lot Dimensions: 150X426X307X150
  • Lot Size Sq Ft: 58806.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 00064000000010
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014

MLS Schools

  • Elementary School: Point Road
  • High School: Red Bank Reg

Map

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

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $3,700,000 -5.0% $622 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $3,895,000 -2.6% $654 / Sq Ft
05/10/2023 05/10/23 For Sale $3,999,000 +55.3% $672 / Sq Ft
11/12/2020 11/12/20 Sold $2,575,000 -4.5% $433 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $2,695,000 +199.4% $453 / Sq Ft
08/04/2014 08/04/14 Sold $900,000 -- $223 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $52,400 $3,268,300 $1,573,800 $1,694,500
2023 $52,400 $2,911,100 $1,259,000 $1,652,100
2022 $48,979 $2,712,100 $1,139,000 $1,573,100
2021 $48,979 $2,481,200 $1,082,000 $1,399,200
2020 $40,333 $1,989,800 $911,200 $1,078,600
2019 $39,472 $1,983,500 $911,200 $1,072,300
2018 $38,635 $1,933,700 $911,200 $1,022,500
2017 $37,357 $1,860,400 $911,200 $949,200
2016 $18,312 $923,000 $911,200 $11,800
2015 $18,537 $922,700 $911,200 $11,500
2014 $26,157 $1,216,600 $1,206,800 $9,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,329,630 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $128,750 Credit Line Revolving
Previous Owner $2,060,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $1,200,000 No Value Available
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $885,000 Purchase Money Mortgage
Previous Owner $756,250 Purchase Money Mortgage
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed $3,700,000 Chicago Title
Deed $2,575,000 Foundation Ttl Llc Eatontown
Bargain Sale Deed $900,000 Agent For Old Republic Natl
Bargain Sale Deed $1,817,000 Old Republic National Title
Deed $1,500,000 --
Deed $1,375,000 --
Deed $730,000 --
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21332834

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00064-0000-00010