NOT LISTED FOR SALE

702 Bermuda Dr Toms River, NJ 08753

Estimated Value: $1,106,000 - $1,206,373

3 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold September 21, 2021

Last sale price $900,000

Est. 29% increase in value since last sale

Current estimated payment $7,392/month

7 Days on Market

Highlights

  • Water Views
  • Home fronts a lagoon or estuary
  • Property near a lagoon
  • Dock has access to electricity and water
  • Custom Home
  • Deck

About This Home

As of September 2021

Located in one of the most sought after waterfront neighborhoods in Toms River, Shelter Cove! Constructed after Storm Sandy this home is high & dry. There is an open concept first floor with large kitchen island, stainless steel appliances & windows at every turn. Amazing natural light & water views. The second floor has an expansive owners suite with a private deck & spans the entire back of the home, as well as 2 additional bedrooms. There is a large spacious yard & over 80 feet on the water. Bring all your water toys or enjoy the amazing sunsets from your backyard bar lounge area & decks. Perfect to host your family and friends! Home Highlights: Home built on Pilings, 22KW generator, Vinyl Bulkhead, Electric, Water, Cable & 60 gal compressed air at dock, Outdoor shower hot & cold water, alarm to central station, 40 yr timberline roof, 65 mph windows, & trex decking to name a few! This home is a must see.

Last Agent to Sell the Property

Lisa Hill

Berkshire Hathaway HomeServices Fox & Roach - Toms River License #1436170 Listed on: 07/30/2021

Berkshire Hathaway HomeServices Fox & Roach - Toms River

Last Buyer's Agent

Susan Haley Bonner

Jersey Property Group Realty License #0450665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,191

Year Built

  • Built in 2014

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Workshop in Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Sliding Doors
  • Water Views
  • Home Security System
  • Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Property near a lagoon
  • Bulkhead
  • Dock has access to electricity and water
  • Balcony
  • Deck
  • Shed

Schools

  • East Dover Elementary School
  • Tr Intr East Middle School
  • TOMS River East 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
  • Shelter Cove Subdivision

Listing and Financial Details

  • Exclusions: Stained Glass Window in Master Bedroom, Ceiling Fan in Living Room (will be replaced), Personal Item
  • Assessor Parcel Number 08-01500-27-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,191

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon, Oversized
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator
  • Subdivision Name: Shelter Cove
  • Architectural Style: Custom
  • Reso Interior Features: Attic, Balcony, Security System, Sliding Door
  • New Construction: No
  • Year Built: 2014
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Floor - Engineered3: Yes
  • GreatFamily Room Sliding Door4: Yes
  • GreatFamily Room Floor - Engineered4: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: TR Intr East
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Lot Description Bulkhead2: Yes
  • Interior Attic: Yes
  • Interior Balcony: Yes
  • Lot Description Lagoon2: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • Exterior Dock: Yes
  • ExteriorOutdoorShower: Yes
  • Exterior WaterElect Dock: Yes
  • Garage Workshop Workbench2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: Yes
  • Exclusions: Stained Glass Window in Master Bedroom, Ceiling Fan in Living Room (will be replaced), Personal Item
  • Exterior Features: Balcony, Deck, Dock, Fence, Outdoor Shower, Shed, Storage, Water/Elect @ Dock
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Oversized, Workshop in Garage
  • 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: TR Intr East

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 08-01500-27-00013
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11191.0

MLS Schools

  • Elementary School: East Dover
  • High School: Toms River East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 13, 2021
Sold by
Mermini Michael A and Mermini Patricia A
Bought by
Kellar Lynn A and Martinez Andrew A
Seller's Agent
Lisa Hill
Berkshire Hathaway HomeServices Fox & Roach - Toms River
Buyer's Agent
Susan Haley Bonner
Jersey Property Group Realty
List Price
$879,000
Sold Price
$900,000
Premium/Discount to List
$21,000
2.39%
Current Estimated Value
$1,161,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,343
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Jun 20, 1986
Bought by
Mermini Michael and Mermini Patricia
Source: Public Records

Range of Values:

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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
Kellar Lynn A $900,000 Two Rivers Title Company Llc
Mermini Michael $172,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $900,000 +2.4% --
08/06/2021 08/06/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $879,000 -- --
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 $15,041 $826,000 $265,000 $561,000
2024 $14,298 $826,000 $265,000 $561,000
2023 $13,786 $826,000 $265,000 $561,000
2022 $13,786 $826,000 $265,000 $561,000
2021 $11,240 $448,700 $182,200 $266,500
2020 $11,191 $448,700 $182,200 $266,500
2019 $10,706 $448,700 $182,200 $266,500
2018 $10,562 $448,700 $182,200 $266,500
2017 $10,473 $448,700 $182,200 $266,500
2016 $10,199 $448,700 $182,200 $266,500
2015 $9,813 $448,700 $182,200 $266,500
2014 $9,342 $182,200 $182,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22124032

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01500-27-00013