7 E 16th St Barnegat Light, NJ 08006
Long Beach Island NeighborhoodEstimated Value: $1,052,000 - $1,300,458
2
Beds
2
Baths
816
Sq Ft
$1,466/Sq Ft
Est. Value
Highlights
- Building is oceanfront but unit may not have water views
- Wood Flooring
- No HOA
- Open Floorplan
- Main Floor Bedroom
- Skylights
About This Home
As of November 2019"DREAMING OF SUMMER" * A chance to own your piece of tranquility in Barnegat Light * Located in the quaint and desirable town of Barnegat Light filled with greenery unlike any other part of LBI * Two bedrooms and 2 bathrooms beach bungalow/ranch situated in quiet north end of LBI * Open layout interior is ready to move in and enjoy by the whole family and then rent it out for investment opportunities * Desirable ocean block lot is very appealing as well for any investor to create a unique dream house * Walking distance to restaurants, amusement, and water activities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,969
Year Built
- Built in 1964
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50x130
- Building is oceanfront but unit may not have water views
- Property is zoned RB, RB
Parking
- Driveway
Home Design
- Shingle Roof
Interior Spaces
- 816 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Partially Furnished
- Ceiling Fan
- Skylights
- Window Screens
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Screened Patio
- Storage Shed
Location
- Flood Risk
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Barnegat Light Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 02-00031-0000-00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2019
Closed on
Nov 7, 2019
Sold by
Germishuizen Anton Hermann and Reed Jocelin
Bought by
Babic Michael and Babic Christin
Seller's Agent
Laura Preidel
BHHS Zack Shore REALTORS
Buyer's Agent
Toni Vaccaro
Island Realty-Surf City
List Price
$599,000
Sold Price
$576,250
Premium/Discount to List
-$22,750
-3.8%
Total Days on Market
249
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,865
Avg. Annual Appreciation
14.14%
Original Mortgage
$518,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 4, 2012
Closed on
Nov 28, 2012
Sold by
Gallagher Hubert M
Bought by
Germishuizen Anton Hermann and Reed Jocelin
Seller's Agent
Sarah Ann Miller
Island Realty
Buyer's Agent
Laura Preidel
BHHS Zack Shore REALTORS
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$409,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 9, 2005
Sold by
Gallagher Hubert M and Gallagher Kitty Sue
Bought by
The Gallagher Family Trust 2002 and Viden Dianne S
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Similar Home in Barnegat Light, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Babic Michael | $576,250 | Allstate Title Agency Llc | |
| Germishuizen Anton Hermann | $585,000 | None Available | |
| Gallagher Hubert M | -- | None Available | |
| The Gallagher Family Trust 2002 | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Babic Michael J | $345,200 | |
| Closed | Babic Michael | $510,400 | |
| Closed | Babic Michael | $518,600 | |
| Previous Owner | Germishuizen Anton Hermann | $409,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2019 11/07/19 | Sold | $576,250 | -3.8% | $706 / Sq Ft |
| 10/10/2019 10/10/19 | Pending | -- | -- | -- |
| 09/09/2019 09/09/19 | For Sale | $599,000 | -4.2% | $734 / Sq Ft |
| 08/09/2019 08/09/19 | Pending | -- | -- | -- |
| 02/03/2019 02/03/19 | For Sale | $625,000 | +6.8% | $766 / Sq Ft |
| 11/28/2012 11/28/12 | Sold | $585,000 | +1.7% | $813 / Sq Ft |
| 09/26/2012 09/26/12 | Pending | -- | -- | -- |
| 05/04/2012 05/04/12 | For Sale | $575,000 | -- | $799 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,178 | $581,200 | $502,000 | $79,200 |
| 2023 | $4,807 | $581,200 | $502,000 | $79,200 |
| 2022 | $4,807 | $581,200 | $502,000 | $79,200 |
| 2021 | $5,173 | $581,200 | $502,000 | $79,200 |
| 2020 | $5,248 | $581,200 | $502,000 | $79,200 |
| 2019 | $5,056 | $581,200 | $502,000 | $79,200 |
| 2018 | $4,969 | $581,200 | $502,000 | $79,200 |
| 2017 | $5,144 | $581,200 | $502,000 | $79,200 |
| 2016 | $5,010 | $581,200 | $502,000 | $79,200 |
| 2015 | $4,830 | $581,200 | $502,000 | $79,200 |
| 2014 | $5,254 | $581,200 | $502,000 | $79,200 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Preidel
Seller's Agent in 2019
Laura Preidel
BHHS Zack Shore REALTORS
(609) 731-6211
21 in this area
34 Total Sales
-
Luis Villarroel
Seller Co-Listing Agent in 2019
Luis Villarroel
BHHS Zack Shore REALTORS
(609) 731-3111
8 in this area
12 Total Sales
-
Toni Vaccaro
Buyer's Agent in 2019
Toni Vaccaro
Island Realty-Surf City
(609) 713-3455
38 in this area
46 Total Sales
-
S
Seller's Agent in 2012
Sarah Ann Miller
Island Realty
Map
Source: Bright MLS
MLS Number: NJOC140388
APN: 02-00031-0000-00009
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