NOT LISTED FOR SALE

9 Reese Ave Lavallette, NJ 08735

Estimated Value: $2,351,000 - $2,953,000

0.12 Acre
$22,770,904 Price per Acre
5,009 Sq Ft Lot

Last Sold July 21, 2017

Last sale price $945,000 $247 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $15,828/month

58 Days on Market

About This Lot

As of July 2017

Lavallette - Cleared 50 x 100' lot on one of the most sought after streets in town. Located in the center of the town this property is ready for your new ocean block shore home. Property is located just 5 houses from the boardwalk and 2 1/2 blocks from the bay beaches. Avoid the downtime and cost of demolition, this property is ready for you.

Last Agent to Sell the Property

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 03/01/2017

Last Buyer's Agent

Laurie Enoch

Crossroads Realty Inc-Lavallette License #0457684

Crossroads Realty Inc-Lavallette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,078

Year Built

  • 1928

Lot Details

Outdoor Features

  • Electricity Available at Street
  • Oceanside

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Additional Features

  • Water Views
  • Lot Dimensions are 50 x 100
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 16-00007-0000-00014

Property Details

Property Type

Land

Est. Annual Taxes

$10,078

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • 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: 1928

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00007-0000-00014
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10078.0

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Jul 21, 2017
Sold by
Granstrand Mark M and Granstrand Kathleen A
Bought by
Coletti Vincent A and Coletti Ellen G
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Laurie Enoch
Crossroads Realty Inc-Lavallette
Sold Price
$945,000
Total Days on Market
58
Current Estimated Value
$2,618,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,673,654
Avg. Annual Appreciation
13.75%

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jan 6, 2015
Sold by
Iervolino Alfonso and Iervolino Mary
Bought by
Granstrand Mark and Granstrand Kathleen
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%

Purchase Details

Closed on
Dec 20, 2010
Sold by
Panten Ruthanne and Wooding Kimberly
Bought by
Iervolino Al and Iervolino Mary
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
Coletti Vincent A $945,000 Multiple
Coletti Vincent A $945,000 --
Granstrand Mark $950,000 Mid State Abstract Co
Iervolino Al $900,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $945,000 -0.5% $247 / Sq Ft
01/09/2015 01/09/15 Sold $950,000 -- $249 / 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
2024 $14,381 $1,566,600 $910,000 $656,600
2023 $13,379 $1,566,600 $910,000 $656,600
2022 $13,379 $1,566,600 $910,000 $656,600
2021 $12,832 $1,566,600 $910,000 $656,600
2020 $12,862 $1,566,600 $910,000 $656,600
2019 $7,343 $750,000 $750,000 $0
2018 $7,283 $750,000 $750,000 $0
2017 $7,358 $750,000 $750,000 $0
2016 $10,078 $1,062,000 $750,000 $312,000
2015 $6,968 $750,000 $750,000 $0
2014 $6,998 $750,000 $750,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21707744

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00007-0000-00014