NOT LISTED FOR SALE

Estimated Value: $539,497 - $1,102,000

52,185 Acres
$16 Price per Acre
2,273,179,000 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $245,000

Est. 235% increase in value since last sale

Current estimated payment $4,920/month

124 Days on Market

About This Lot

As of May 2023

Recently subdivided lot and ready to build. The best valued land in town. 52x 185 lot that come with the set of plans to build. Walking distance to downtown Point Pleasant Beach restaurants,shopping and train station. Approximately 1 mile to the beach/ocean and a half mile the the Manasquan River. Call your builder and file your permits so you can be done in 2023!!

Last Agent to Sell the Property

Donald Hughes

EXP Realty Listed on: 12/15/2022

Last Buyer's Agent

Donald Hughes

Keller Williams Realty Spring Lake License #1643576

Keller Williams Realty Spring Lake

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,756

Year Built

  • 1936

Lot Details

  • 52,185

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Additional Features

  • Electricity Available at Street
  • 52,185 Acre Lot
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 25-00113-0000-00023

Property Details

Property Type

Land

Est. Annual Taxes

$3,756

Year Built

1936

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 52185.0
  • Location Middle School: Memorial
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None
  • Year Built (Public Record): 1936

Exterior Features

  • Acres: 52185.0
  • Waterfront: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 2273178600.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-00113-0000-00023
  • Zoning Description: Single Family, Residential, Neighborhood
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Kachelriess Michael and Kachelriess Karen
Bought by
Skyeco Properties Llc
Total Days on Market
124
Current Estimated Value
$820,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.35%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 15, 2022
Closed on
Apr 30, 2023
Sold by
Minerva Properties Llc
Bought by
Kachelriess Michael and Kachelriess Karen
Seller's Agent
Donald Hughes
EXP Realty
Buyer's Agent
Donald Hughes
Keller Williams Realty Spring Lake
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.84%

Purchase Details

Listed on
Dec 15, 2022
Closed on
Apr 24, 2023
Sold by
Minerva Properties Llc
Bought by
Hurler John
Seller's Agent
Donald Hughes
EXP Realty
Buyer's Agent
Donald Hughes
Keller Williams Realty Spring Lake
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
326

Purchase Details

Closed on
May 16, 2022
Sold by
Peters Charles R
Bought by
Minerva Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,750
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2001
Sold by
Dadas John
Bought by
Peters Charles
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
Skyeco Properties Llc -- Afrm Title & Abstract
Kachelriess Michael $264,000 None Listed On Document
Kachelriess Michael $264,000 None Listed On Document
Hurler John $245,000 First American Title
Minerva Properties Llc $470,000 American Land Title
Peters Charles $63,695 --
-- $63,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurler John $800,000
Closed Skyeco Properties Llc $350,000
Previous Owner Minerva Properties Llc $295,750
Previous Owner Peters Charles R $249,622
Previous Owner Peters Charles R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $245,000 +2.1% --
05/05/2023 05/05/23 For Sale $240,000 0.0% --
04/18/2023 04/18/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $240,000 -9.4% --
12/15/2022 12/15/22 For Sale $265,000 -- --
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
2024 $3,756 $171,800 $171,800 $0
2023 $6,350 $171,800 $171,800 $0
2022 $6,350 $296,600 $192,200 $104,400
2021 $6,252 $296,600 $192,200 $104,400
2020 $6,187 $296,600 $192,200 $104,400
2019 $6,104 $296,600 $192,200 $104,400
2018 $5,923 $296,600 $192,200 $104,400
2017 $5,793 $296,600 $192,200 $104,400
2016 $5,748 $296,600 $192,200 $104,400
2015 $5,680 $296,600 $192,200 $104,400
2014 $5,549 $296,600 $192,200 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22237544

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00113-0000-00023