NOT LISTED FOR SALE

Estimated Value: $1,139,000 - $1,516,000

0.14 Acre
$9,297,979 Price per Acre
6,273 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $365,000

Est. 267% increase in value since last sale

Current estimated payment $7,409/month

191 Days on Market

Highlights

  • Bayside
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of November 2015

This building lot 50x125 offers opportunity for residential or commercial. Lot is located at one of the highest elevations in Barnegat Light. It is surrounded by lovely single family homes. Owner also owns adjacent corner property with beautiful vintage single family year round home and will consider offers for both properties as a package.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 900-3534 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673 Listed on: 01/28/2015

Freeman & Company Real Estate

Last Buyer's Agent

Nathan Colmer

(609) 492-1511 vandyk@vandykgroup.com The Van Dyk Group - Long Beach Island

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,858

Lot Details

  • Lot Dimensions are 50x125
  • Level Lot
  • The property's topography is level
  • Wooded Lot
  • Property is zoned GB, GB

Location

  • Flood Risk
  • Bayside

Community Details

  • No Home Owners Association
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 02-00018-0000-00002

Property Details

Property Type

Land

Est. Annual Taxes

$2,858

Listing Details

  • Property Type: Land
  • Property Sub Type: Land For Commercial Use
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Special Features: None

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 21800.00
  • Lot Features: Level, Trees/Wooded
  • Lot Dimensions: 50x125
  • Topography: Level
  • Zoning: GB
  • Zoning Description: GB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2825937
  • Tax Annual Amount: 2858.00
  • Assessor Parcel Number: 02-00018-0000-00002
  • Tax Lot: 2
  • Tax Year: 2013

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2015
Closed on
Nov 20, 2015
Sold by
Ives Jan and Ives Deborah
Bought by
Sweeney Michael and Sweeney Patricia
Seller's Agent
Edward Freeman Sr
Freeman & Company Real Estate
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Current Estimated Value
$1,338,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$973,909
Avg. Annual Appreciation
13.53%
Original Mortgage
$400,000
Outstanding Balance
$315,472
Interest Rate
3.87%
Mortgage Type
Construction
Estimated Equity
$1,023,437

Purchase Details

Closed on
Mar 30, 2004
Sold by
Ives Clinton and Ives Jan
Bought by
Ives Jan and Ives Deborah
Source: Public Records
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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
Sweeney Michael $365,000 Oceanview Title Agency Llc
Ives Jan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Michael $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $365,000 -8.5% --
08/07/2015 08/07/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $399,000 -- --
Source: Bright MLS

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 $6,137 $608,800 $325,000 $283,800
2024 $5,424 $608,800 $325,000 $283,800
2023 $5,035 $608,800 $325,000 $283,800
2022 $5,035 $608,800 $325,000 $283,800
2021 $5,223 $608,800 $325,000 $283,800
2020 $5,497 $608,800 $325,000 $283,800
2019 $5,297 $608,800 $325,000 $283,800
2018 $5,205 $608,800 $325,000 $283,800
2017 $2,876 $325,000 $325,000 $0
2016 $2,802 $325,000 $325,000 $0
2015 $2,882 $346,800 $325,000 $21,800
2014 $3,135 $346,800 $325,000 $21,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC202920

Bright MLS

APN: 02-00018-0000-00002

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