NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $1,237,373

3 Beds
1 Bath
1,008 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $850,000 $843 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,894/month

Highlights

  • Bayside
  • No HOA
  • More Than Two Accessible Exits
  • Raised Ranch Architecture
  • 2 Car Attached Garage
  • Electric Baseboard Heater

About This Home

As of August 2021

This home is located at 7 W 16th St, Barnegat Light, NJ 08006 since 07 September 2021 and is currently estimated at $1,181,343, approximately $1,171 per square foot. This property was built in 1969. 7 W 16th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 09/07/2021

Last Buyer's Agent

Holly Muia

The Van Dyk Group - Long Beach Island License #1536198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 1969

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 45.00 x 125.00
  • Property is zoned R-A

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 2 Levels
  • Partially Finished Basement
  • Garage Access

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Bayside

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 02-00030-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,202

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Garage Access, Partially Finished, Poured Concrete
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 792.66
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 157800.00
  • Land Assessed Value: 307500.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 45.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5625.00
  • Year Assessed: 2020
  • Zoning: R-A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826242
  • Tax Annual Amount: 4202.00
  • Assessor Parcel Number: 02-00030-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/20/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Aug 20, 2021
Sold by
Carelli Nancy D
Bought by
Adams Brian and Dubey Hali
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Current Estimated Value
$1,181,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,343
Avg. Annual Appreciation
8.50%
Original Mortgage
$510,000
Outstanding Balance
$469,710
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$704,645
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adams Brian $850,000 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Brian $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 For Sale $799,000 -6.0% $793 / Sq Ft
08/20/2021 08/20/21 Sold $850,000 0.0% $843 / Sq Ft
08/20/2021 08/20/21 Sold $850,000 +6.4% --
07/10/2021 07/10/21 Pending -- -- --
07/09/2021 07/09/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $799,000 -- --
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
2024 $4,443 $498,700 $307,500 $191,200
2023 $4,124 $498,700 $307,500 $191,200
2022 $4,124 $498,700 $307,500 $191,200
2021 $4,141 $465,300 $307,500 $157,800
2020 $4,202 $465,300 $307,500 $157,800
2019 $4,048 $465,300 $307,500 $157,800
2018 $3,978 $465,300 $307,500 $157,800
2017 $4,118 $465,300 $307,500 $157,800
2016 $4,011 $465,300 $307,500 $157,800
2015 $3,867 $465,300 $307,500 $157,800
2014 $4,207 $465,400 $307,500 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2002874

Bright MLS

APN: 02-00030-0000-00010