NOT LISTED FOR SALE

Estimated Value: $5,716,565 - $7,802,000

7 Beds
9 Baths
5,000 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $3,865,000 $773 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $38,275/month

40 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Parking available for a boat
  • Cabana
  • Ocean View
  • Guest House
  • Newly Remodeled

About This Home

As of December 2017

Welcome to one of the most unique new oceanfront property offered on Long Beach Island in years. This 5000sq ft+ estate is a one of a kind compound that reaches from the ocean to ocean boulevard. It is situated on one full ocean block, with private access to the beach. 7905 Ocean Blvd offers the best of everything in the oceanfront lifestyle. Set on approximately a quarter of an acre, this massive site is comprised of an approximately 4,000 sq. foot "main house? connected to an approximately 1,200 sq. feet "guest house" by an elevated deck and walkway with a saltwater fiberglass pool and lounge area. The main house consists of 5 bedrooms, all with private bathrooms, two half bathrooms, two laundry rooms and an enormous open floor plan with endless views of the ocean and beach. The kitchen features a Wolf stove and sub zero 42 inch refrigerator/freezer with Handmade cabinets.,The guest house offers a large family room connected to the pool and lounge area along with an additional living room, two more bedrooms, 1 full bathroom, an additional half bathroom and a laundry area. There is parking for 16-18 cars, a hot tub ready deck, ample oceanfront deck space with glass railings and much more This is a truly unique oceanfront estate offering nothing but the best in the LBI lifestyle.

Last Agent to Sell the Property

Nathan Colmer

The Van Dyk Group - Long Beach Island Listed on: 10/02/2017

Last Buyer's Agent

Nathan Colmer

The Van Dyk Group - Long Beach Island Listed on: 10/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,791

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x210
  • 50 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • The property's topography is level

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Parking available for a boat

Property Views

  • Ocean
  • Bay

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Foundation Flood Vent
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 5,000 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Double Hung Windows
  • Sliding Doors
  • Home Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Heated Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Guest House
  • Flood Risk

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 18-00014-06-00006

Community Details

Overview

  • No Home Owners Association
  • Beach Haven Crest Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,791

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary, Reverse
  • Ownership: Fee Simple
  • New Construction: Yes
  • Federal Flood Zone: Yes
  • Year Built: 2017
  • Remarks Public: Welcome to one of the most unique new oceanfront property offered on Long Beach Island in years. This 5000sq ft+ estate is a one of a kind compound that reaches from the ocean to ocean boulevard. It is situated on one full ocean block, with private access to the beach. 7905 Ocean Blvd offers the best of everything in the oceanfront lifestyle. Set on approximately a quarter of an acre, this massive site is comprised of an approximately 4,000 sq. foot "main house? connected to an approximately 1,200 sq. feet "guest house" by an elevated deck and walkway with a saltwater fiberglass pool and lounge area. The main house consists of 5 bedrooms, all with private bathrooms, two half bathrooms, two laundry rooms and an enormous open floor plan with endless views of the ocean and beach. The kitchen features a Wolf stove and sub zero 42 inch refrigerator/freezer with Handmade cabinets.,The guest house offers a large family room connected to the pool and lounge area along with an additional living room, two more bedrooms, 1 full bathroom, an additional half bathroom and a laundry area. There is parking for 16-18 cars, a hot tub ready deck, ample oceanfront deck space with glass railings and much more This is a truly unique oceanfront estate offering nothing but the best in the LBI lifestyle.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer, Water Heater - Tankless
  • Flooring Type: Tile/Brick, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Breakfast Area, Ceiling Fan(s), Crown Moldings, Elevator, Kitchen - Island, Floor Plan - Open, Pantry, Recessed Lighting, Wet/Dry Bar, Primary Bath(s), Bathroom - Soaking Tub, Bathroom - Stall Shower, Walk-In Closet(s)
  • Window Features: Double Hung
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Foundation Details: Flood Vent, Pilings, Slab
  • Levels Count: 3+
  • Room Count: 19
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 5000
  • Living Area Sq Ft: 5000
  • Price Per Sq Ft: 900.00
  • Above Grade Finished Sq Ft: 5000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7905

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 9
  • Full Bathrooms: 6
  • Half Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Cabana/Pool House, Guest House
  • Construction Materials: Wood Siding, Shake Siding
  • Construction Completed: No
  • Exterior Features: Boat Storage, Exterior Lighting, Outside Shower
  • Pool Features: Fenced, Heated
  • Roof: Shingle
  • View: Water, Bay, Ocean
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Tankless
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Lot Features: Level
  • Lot Dimensions: 50x210
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: Res

Building Info

  • Building Features: Security System

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11791.00
  • Assessor Parcel Number: 18-00014-06-00006
  • Tax Lot: 6
  • Tax Year: 2016
  • Close Date: 12/28/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 28, 2017
Sold by
Kapnick Ira J and Kapnick Beth
Bought by
Aisling Properties Llc
Seller's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$4,499,999
Sold Price
$3,865,000
Premium/Discount to List
-$634,999
-14.11%
Current Estimated Value
$6,516,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,651,391
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,500,000
Outstanding Balance
$1,267,481
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$5,248,910

Purchase Details

Closed on
Mar 6, 2016
Sold by
Pettit Family Trust
Bought by
Kapnick Ira J and Kapnick Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Source: Public Records

Range of Values:

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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
Aisling Properties Llc $3,865,000 --
Kapnick Ira J $1,050,000 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aisling Properties Llc $1,500,000
Closed Aisling Properties Llc $1,500,000
Previous Owner Kapnick Ira J $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $3,865,000 -14.1% $773 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $4,499,999 -- $900 / Sq Ft
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
2025 $36,532 $4,090,900 $1,615,000 $2,475,900
2024 $36,286 $4,090,900 $1,615,000 $2,475,900
2023 $34,036 $4,090,900 $1,615,000 $2,475,900
2022 $34,036 $4,090,900 $1,615,000 $2,475,900
2021 $32,899 $4,081,800 $1,615,000 $2,466,800
2020 $26,093 $2,625,000 $1,155,000 $1,470,000
2019 $26,329 $2,625,000 $1,155,000 $1,470,000
2018 $11,238 $1,155,000 $1,155,000 $0
2017 $11,296 $1,155,000 $1,155,000 $0
2016 $11,791 $1,195,800 $1,155,000 $40,800
2015 $11,779 $1,195,800 $1,155,000 $40,800
2014 $11,492 $1,195,800 $1,155,000 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC162122

Bright MLS

APN: 18-00014-06-00006