NOT LISTED FOR SALE

7 Cottage Rd Monmouth Beach, NJ 07750

Estimated Value: $2,493,000 - $3,723,702

4 Beds
3.5 Baths
3,256 Sq Ft
$953/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $1,700,000 $522 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $18,543/month

78 Days on Market

Highlights

  • Water Views
  • Spa
  • Shore Colonial Architecture
  • Monmouth Beach School District Rated A
  • Wood Flooring
  • Steam Shower

About This Home

As of March 2019

Live the Beach and Boat Life! Only 3 years young, this lovely home boasts Ocean Views, 4 bedrooms & 3.5 baths, gourmet kitchen, custom moldings, hardwood flooring throughout and constructed with every attention to detail. Enjoy the open floor plan and high-end kitchen w center island, granite tops, stainless steel appliances and farm sink. The floor to ceiling foyer leads you to the spacious living room, kitchen and dining room as well as the inviting great room w cathedral ceiling & fireplace. The master suite offers walk-in closet and grand bath w his & hers sinks and glass enclosed shower. Entertain on the large back deck w hot tub overlooking the vast, plush lawn and amazing ocean views. The location is ideal, only 2 blocks to gorgeous beaches, minutes to restaurants, shopping and mass transit, fast ferry, train and bus. This is the home is for you! Call Today!

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 05/14/2018

Last Buyer's Agent

Kerrin O'Brien

Jersey Shore Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,677

Lot Details

  • Lot Dimensions are 164x172

Parking

  • 2 Car Direct Access Garage

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Patio

Schools

  • Monmouth Beach Elementary And Middle School
  • Shore Reg High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 34-00018-01-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,677

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Hot Tub, Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, French Doors, In-Law Suite, Sliding Door, Recessed Lighting
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 164x172
  • Location Middle School: Monmouth Beach
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Hot Tub2: Yes
  • Included Hot Tub3: Yes
  • Foyer Dec Molding2: Yes
  • Rooms In-Law-Suite: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Level Third43: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, Hot Tub, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Monmouth Beach

Lot Info

  • Lot Dimensions: 164x172
  • Parcel #: 34-00018-01-00008

MLS Schools

  • Elementary School: Monmouth Beach
  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Drastal John E and Drastal Susan M
Bought by
Hermann Richard P and Hermann Lisa K
Current Estimated Value
$3,102,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Outstanding Balance
$2,409,466
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$694,136

Purchase Details

Listed on
May 14, 2018
Closed on
Mar 28, 2019
Sold by
Daitz Mitchell S and Hellman Sharon B
Bought by
Drastal John E and Drastal Susan M
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Kerrin O'Brien
Jersey Shore Associates
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%

Purchase Details

Closed on
Aug 1, 1997
Sold by
Ades Norman
Bought by
Daitz Mitchell and Hellman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Hermann Richard P $3,500,000 Old Republic Title
Drastal John E $1,700,000 Two Rivers Title Company Llc
Daitz Mitchell $343,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermann Richard P $2,450,000
Previous Owner Daitz Mitchell $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $1,700,000 -- $522 / 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
2024 $19,677 $2,579,400 $1,056,800 $1,522,600
2023 $19,677 $1,910,400 $1,015,700 $894,700
2022 $21,553 $1,817,000 $935,700 $881,300
2021 $21,553 $1,697,100 $835,700 $861,400
2020 $20,195 $1,647,200 $800,700 $846,500
2019 $18,096 $1,505,500 $795,700 $709,800
2018 $18,122 $1,474,500 $785,700 $688,800
2017 $17,843 $1,407,200 $745,700 $661,500
2016 $20,394 $1,360,500 $715,700 $644,800
2015 $20,141 $1,602,300 $805,700 $796,600
2014 $15,506 $555,700 $555,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21818843

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 34-00018-01-00008