NOT LISTED FOR SALE

862 Bay Ave Toms River, NJ 08753

Estimated Value: $449,000 - $491,000

3 Beds
1 Bath
1,568 Sq Ft
$300/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $385,000 $246 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,107/month

20 Days on Market

Highlights

  • 0.74 Acre Lot
  • Wood Flooring
  • Workshop
  • Cape Cod Architecture
  • Attic
  • No HOA

About This Home

As of August 2023

This is an older but well maintained house. It sits on a beautiful and lush .74 acre lot., in the R-120 zone. Possibility of a sub division.
Beautiful wood floors throughout. Fabulous all season room. Large eat in kitchen. Spacious size bedrooms. Wood burning fire place. Closets and storage galore with a full basement. Detached large garage that could easily be converted to office space for a home business.

Last Agent to Sell the Property

Sally Wells

RE/MAX On the Move Realty License #1222539 Listed on: 06/01/2023

RE/MAX On the Move Realty

Last Buyer's Agent

Stephanny Morales

Coldwell Banker Res. Brokerage License #1756360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1948

Lot Details

  • 0.74 Acre Lot
  • Fenced
  • Oversized Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Available
  • Workshop in Garage
  • Double-Wide Driveway
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Wood Burning Fireplace
  • Window Treatments
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Shed
  • Storage Shed
  • Outbuilding

Schools

  • East Dover Elementary School
  • Tr Intr East Middle School
  • TOMS River East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 08-00443-49-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,137

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: Washer, Window Treatments, Ceiling Fan(s), Dryer, Light Fixtures, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Reso Flooring: Linoleum, Wood
  • Reso Interior Features: Attic
  • Reso Other Structures: Shed, Outbuilding, Misc Building, Shed(s)
  • Year Built: 1948
  • 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
  • General Property Info Acreage: 0.74
  • Location Middle School: TR Intr East
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Interior Attic: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Style Cape: Yes
  • Parking Concrete: Yes
  • Basement Workshop Workbench: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Floors Linoleum: Yes
  • Out Buildings Misc Building: Yes
  • Exterior Outbuilding: Yes
  • Garage Workshop Workbench2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Workshop/ Workbench
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Main Level Bathrooms: 1
  • Stories: 1
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Floor - LinoleumVinyl7: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.74
  • Waterfront: No
  • Exclusions: Personal items
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Concrete, Double Wide Drive, Workshop in Garage
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Gravel2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: TR Intr East

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 08-00443-49-00024
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6137.0

MLS Schools

  • Elementary School: East Dover
  • High School: Toms River East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 25, 2023
Sold by
Childers Shirley Louise
Bought by
Cruz Property Management Llc
Seller's Agent
Sally Wells
RE/MAX On the Move Realty
Buyer's Agent
Stephanny Morales
Coldwell Banker Res. Brokerage
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
184
Current Estimated Value
$470,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,438
Avg. Annual Appreciation
10.60%
Original Mortgage
$288,750
Outstanding Balance
$282,452
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$187,986
Source: Public Records

Range of Values:

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Average Value
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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
Cruz Property Management Llc $385,000 Clear To Close Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Property Management Llc $288,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $385,000 +1.3% $246 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $379,900 -- $242 / 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 $6,574 $361,000 $194,000 $167,000
2024 $6,115 $361,000 $194,000 $167,000
2023 $5,887 $367,700 $194,000 $173,700
2022 $6,137 $367,700 $194,000 $173,700
2021 $5,203 $217,700 $106,400 $111,300
2020 $5,429 $217,700 $106,400 $111,300
2019 $5,194 $217,700 $106,400 $111,300
2018 $5,125 $217,700 $106,400 $111,300
2017 $5,081 $217,700 $106,400 $111,300
2016 $4,698 $217,700 $106,400 $111,300
2015 $4,511 $217,700 $106,400 $111,300
2014 $4,283 $217,700 $106,400 $111,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314721

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00443-49-00024