NOT LISTED FOR SALE

8 E Essex Ave Harvey Cedars, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $2,039,000 - $2,622,000

-- Bed
3 Baths
2,496 Sq Ft
$942/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $1,065,000 $427 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $13,667/month

100 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Wood Flooring
  • Oceanside
  • Deck
  • No HOA

About This Home

As of May 2019

Third from the ocean Harvey Cedars duplex with excellent ocean views and set on a deep lot with potential space for a pool. Front, side and rear decks on each floor to enjoy the summer breezes, large living area, three bedrooms on each floor, 2 baths up and 1 1/2 baths on the lower level. Continue to use as a multi-family or consider converting into a single family or as the prime location for a future new construction. Both floors have central air and gas heat and have been nicely updated and show well. Exceptional sized bedrooms, high ceiling on the upper level, storage rooms off each floors rear deck and a shed in the yard. Tastefully furnished per inventory.

Last Agent to Sell the Property

David Sheridan

BHHS Zack Shore REALTORS Listed on: 12/19/2018

BHHS Zack Shore REALTORS

Last Buyer's Agent

Pat Sepanak

Sand Dollar Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,643

Year Built

  • Built in 1965

Lot Details

  • 5,489

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side

Interior Spaces

  • 2,496 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Windows
  • Casement Windows
  • Sliding Doors
  • Ocean Views
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Storage Shed

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Lot Dimensions are 50 x 110
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Harvey Cedars Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 10-00040-0000-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,643

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Remarks Public: Third from the ocean Harvey Cedars duplex with excellent ocean views and set on a deep lot with potential space for a pool. Front, side and rear decks on each floor to enjoy the summer breezes, large living area, three bedrooms on each floor, 2 baths up and 1 1/2 baths on the lower level. Continue to use as a multi-family or consider converting into a single family or as the prime location for a future new construction. Both floors have central air and gas heat and have been nicely updated and show well. Exceptional sized bedrooms, high ceiling on the upper level, storage rooms off each floors rear deck and a shed in the yard. Tastefully furnished per inventory.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked, Stove
  • Flooring Type: Tile/Brick, Fully Carpeted, Wood
  • Interior Amenities: Window Treatments, Ceiling Fan(s), Kitchen - Island, Floor Plan - Open
  • Window Features: Casement, Sliding
  • Fireplace: No
  • Door Features: Sliding Glass
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 470.75
  • Above Grade Finished Sq Ft: 2496
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • View: Water, Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: 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

  • Improvement Assessed Value: 223900.00
  • Land Assessed Value: 912000.00
  • Lot Dimensions: 50 x 110
  • Outdoor Living Structures: Deck(s)
  • Zoning: AO
  • Zoning Description: AO

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2940690
  • Tax Annual Amount: 10643.00
  • Assessor Parcel Number: 10-00040-0000-00012
  • Tax Lot: 12
  • Tax Year: 2018
  • Close Date: 05/16/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
May 3, 2019
Sold by
Ricciardi Patrick T
Bought by
Avallone Robert Joseph and Avallone Melissa Thul
Seller's Agent
David Sheridan
BHHS Zack Shore REALTORS
Buyer's Agent
Pat Sepanak
Sand Dollar Real Estate
List Price
$11,759,000
Sold Price
$1,065,000
Premium/Discount to List
-$10,694,000
-90.94%
Current Estimated Value
$2,350,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,285,174
Original Mortgage
$798,250
Outstanding Balance
$713,501
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2007
Sold by
Ricciardi Patrick T
Bought by
Ricciardi Patrick T

Purchase Details

Closed on
Dec 29, 1998
Sold by
Ricciardi Eleanore D
Bought by
Ricciardi Patrick T
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
Avallone Robert Joseph $1,065,000 American Abstract Agency Llc
Ricciardi Patrick T -- None Available
Ricciardi Patrick T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avallone Robert Joseph $798,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $1,065,000 -90.9% $427 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $11,759,000 -- $4,711 / 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
2024 $10,332 $1,051,100 $912,000 $139,100
2023 $10,164 $1,051,100 $912,000 $139,100
2022 $10,164 $1,051,100 $912,000 $139,100
2021 $9,880 $1,051,100 $912,000 $139,100
2020 $9,754 $1,051,100 $912,000 $139,100
2019 $10,405 $1,135,900 $912,000 $223,900
2018 $10,643 $1,135,900 $912,000 $223,900
2017 $10,836 $1,135,900 $912,000 $223,900
2016 $11,257 $1,135,900 $912,000 $223,900
2015 $11,234 $1,135,900 $912,000 $223,900
2014 $10,744 $1,135,700 $912,000 $223,700
Source: Public Records

Agents Affiliated with this Home

  • David Sheridan

    Seller's Agent in 2019

    David Sheridan

    BHHS Zack Shore REALTORS

    (609) 709-2280

    68 in this area

    97 Total Sales

    Section Image
  • Pat Sepanak

    Buyer's Agent in 2019

    Pat Sepanak

    Sand Dollar Real Estate

    (609) 290-5360

    23 in this area

    24 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC146044

Bright MLS

APN: 10-00040-0000-00012

New Jersey Ocean County Harvey Cedars 08008 Long Beach Island

8 E Essex Ave, Harvey Cedars, NJ

This home is located at 8 E Essex Ave, Harvey Cedars, NJ 08008 since 19 December 2018 and is currently estimated at $2,350,174, approximately $941 per square foot. This property was built in 1965. 8 E Essex Ave 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.

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