NOT LISTED FOR SALE

707 Motor Rd Pine Beach, NJ 08741

Estimated Value: $501,000 - $539,397

3 Beds
1.5 Baths
1,500 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $495,000 $330 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,388/month

40 Days on Market

Highlights

  • Raised Ranch Architecture
  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Wood Flooring
  • Bonus Room
  • Corner Lot

About This Home

As of July 2024

Ranch style home in the charming community of Pine Beach, NJ! Beautiful 150 X 125 corner property offers 3 bedrooms, 1 1/2 bathrooms, along with a direct access 1 car garage and driveway. Spacious living room with a wood burning fireplace and stunning hardwood flooring throughout. Meticulously maintained with the following newer installations: furnace, baseboard hot water heat and tankless HWH, central air, roof, gutters, gutter guards, windows, refinished hardwood flooring and 200 Amp electric panel. Large Retro style kitchen features updated stainless steel appliances, lots of storage space and plenty of room for a center island. The dining area is a perfect space for entertaining while enjoying your backyard view. Sunroom equipped with central air for the warm summer days.Select more.. The primary bedroom with a convenient half bathroom suite for added comfort and privacy. Full basement with newly installed heaters, a pool table/game room area, a gym area and laundry area with utility sink; basement with a walkout access to the backyard. This property boasts a fire pit, large concrete patio and a new shed (wired for elect/not connected). Professionally landscaped home adds curb appeal making it a true neighborhood gem! A perfect location, short drive to the Jersey Shore, close to Riverfront Beach, bike paths, Pine Beach Yacht Club, as well as, restaurants, shops and GSP. Enjoy the perfect balance of comfort, style, and convenience. Welcome home!

Last Agent to Sell the Property

Stefania Fernandes

ERA Central Realty Group License #1329597 Listed on: 04/26/2024

ERA Central Realty Group

Last Buyer's Agent

Edward Romanko

Diane Turton, Realtors-Sea Girt License #1974652

Diane Turton, Realtors-Sea Girt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 150 x 125
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Patio
  • Shed

Schools

  • Pine Beach Elementary School
  • Intermed South Middle School
  • TOMS River South High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal belonging
  • Assessor Parcel Number 23-00082-0000-00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,444

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Raised Ranch, Ranch, Expanded Ranch
  • Reso Flooring: Vinyl, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Laundry Tub, Recessed Lighting
  • New Construction: No
  • Year Built: 1970
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 150 X 125
  • Location Middle School: Intermed South
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Foyer Floor - Wood: Yes
  • SidingBrick: Yes
  • Style Ranch: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Interior Laundry Tub: Yes
  • Style Expanded Ranch: Yes
  • Interior Bonus Room: Yes
  • Siding Stucco - Cement: Yes
  • Style Raised Ranch: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Half Bath: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal belonging
  • Construction Type: Brick, Stucco
  • Exterior Features: Patio, Shed
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Intermed South

Lot Info

  • Lot Dimensions: 150 X 125
  • Parcel #: 23-00082-0000-00053
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6444.0

MLS Schools

  • Elementary School: Pine Beach
  • High School: Toms River South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 12, 2024
Sold by
Ferrallo John
Bought by
Vandevaarst Nina J and Schwartz Zachary G
Seller's Agent
Stefania Fernandes
ERA Central Realty Group
Buyer's Agent
Edward Romanko
Diane Turton, Realtors-Sea Girt
List Price
$565,000
Sold Price
$495,000
Premium/Discount to List
-$70,000
-12.39%
Views
82
Current Estimated Value
$523,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,349
Avg. Annual Appreciation
4.27%
Original Mortgage
$396,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 24, 2022
Sold by
Lovell Joseph M
Bought by
Ferrallo John
Seller's Agent
Patricia Hogan
Keller Williams Premier Office
Buyer's Agent
Stefania Fernandes
ERA Central Realty Group
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Views
170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.96%
Original Mortgage
$72,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 2021
Sold by
Lovell Joseph Mitchell and Estates Of Seth Joseph Lovell
Bought by
Lovell Joseph M
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
Vandevaarst Nina J $495,000 Surety Title
Ferrallo John $360,000 First American Title
Lovell Joseph M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vandevaarst Nina J $396,000
Previous Owner Ferrallo John $72,000
Previous Owner Ferrallo John $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $495,000 -1.0% $330 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/24/2024 05/24/24 Price Changed $499,900 -8.3% $333 / Sq Ft
05/14/2024 05/14/24 Price Changed $545,000 -3.5% $363 / Sq Ft
04/26/2024 04/26/24 For Sale $565,000 +56.9% $377 / Sq Ft
10/28/2022 10/28/22 Sold $360,000 -1.4% $247 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $365,000 -- $251 / 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 $6,444 $367,400 $160,000 $207,400
2023 $5,749 $367,400 $160,000 $207,400
2022 $5,749 $220,000 $109,800 $110,200
2021 $5,634 $220,000 $109,800 $110,200
2020 $5,500 $220,000 $109,800 $110,200
2019 $5,320 $220,000 $109,800 $110,200
2018 $5,205 $220,000 $109,800 $110,200
2017 $5,040 $220,000 $109,800 $110,200
2016 $4,656 $220,000 $109,800 $110,200
2015 $4,513 $220,000 $109,800 $110,200
2014 $4,324 $220,000 $109,800 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411522

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00082-0000-00053