NOT LISTED FOR SALE

80 Inlet Terrace Belmar, NJ 07719

Estimated Value: $3,093,000 - $5,435,000

5 Beds
3.5 Baths
3,154 Sq Ft
$1,375/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $1,275,000 $404 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $25,681/month

38 Days on Market

Highlights

  • Docks
  • Deck
  • Shore Colonial Architecture
  • River View
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2016

Inlet Terrace is one of the most beautiful waterfront locations you will ever find, not only in NJ but on the entire East Coast. This home features something even more special for this already incredible location. There is waterfront ownership of property from both the front and the back yard. The views are simply breathtaking. Sometimes one might wonder if they are running the risk of overstating the beauty of a location. This is not the case when it comes to Inlet Terrace. There are 4 distinct and rare advantages to this location. 1. Walking distance to a vibrant down town. 2. Walking distance to the beach and boardwalk 3. River and lagoon frontage with direct access to the ocean and the river and outstanding views 4. Larger lots size. This is truly a one of a kind location.

Last Agent to Sell the Property

Patrick Butera

RE/MAX Paradigm Realty Group Listed on: 04/15/2016

Last Buyer's Agent

Patrick Butera

Shore and Country, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,614

Year Built

  • Built in 1912

Lot Details

  • River Front

Home Design

  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3,154 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Wood Flooring
  • River Views
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Riparian rights to water flowing past the property
  • Bulkhead
  • Docks
  • Deck
  • Porch

Schools

  • Belmar Elementary And Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00012-0000-00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,614

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Riparian Rts, Riverfront, Riverview
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Interior Features: Sliding Door
  • Year Built: 1912
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 81x213 IRR
  • Location Middle School: Belmar
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Exterior Dock: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Water Type Riverview: Yes
  • Lot Description Riparian Rts: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Riverview2: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Riparian Rights, Riverfront, Riverview
  • Waterfront: Yes
  • Exterior Features: Deck, Dock, Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 81x213 IRR
  • Parcel #: 07-00012-0000-00037
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 21614.0

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2016
Sold by
Mark Hueth
Bought by
Fradkin Debra and Fradkin Michael
Current Estimated Value
$4,337,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$601,456
Interest Rate
3.47%
Estimated Equity
$3,736,328

Purchase Details

Listed on
Apr 15, 2016
Closed on
Aug 5, 2016
Sold by
Hueth Gretchen and Hueth Mark Hueth
Bought by
Fradkin Michael A and Fradkin Debra
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Interest Rate
3.43%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Villani Robert
Bought by
Hueth Mark
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
Fradkin Debra -- --
Fradkin Michael A $1,275,000 --
Hueth Mark $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fradkin Michael A $750,000
Closed Fradkin Michael A --
Previous Owner Fradkin Michael A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $1,275,000 -- $404 / 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
2025 $31,117 $2,138,600 $1,112,400 $1,026,200
2024 $30,069 $2,138,600 $1,112,400 $1,026,200
2023 $30,069 $2,138,600 $1,112,400 $1,026,200
2022 $28,999 $2,138,600 $1,112,400 $1,026,200
2021 $28,999 $2,138,600 $1,112,400 $1,026,200
2020 $28,764 $2,138,600 $1,112,400 $1,026,200
2019 $15,301 $1,137,600 $1,112,400 $25,200
2018 $14,049 $1,137,600 $1,112,400 $25,200
2017 $13,708 $1,137,600 $1,112,400 $25,200
2016 $21,008 $1,099,300 $726,700 $372,600
2015 $21,614 $1,126,300 $753,700 $372,600
2014 $23,100 $1,193,800 $821,200 $372,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21614590

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00012-0000-00037