NOT LISTED FOR SALE

98 Cedar Island Dr Brick, NJ 08723

Estimated Value: $1,534,000 - $1,932,000

3 Beds
3 Baths
4,180 Sq Ft
$400/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $945,000 $226 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,920/month

125 Days on Market

Highlights

  • Water Views
  • Boat Lift
  • Home fronts a lagoon or estuary
  • Docks
  • Heated In Ground Pool
  • Property near a lagoon

About This Home

As of June 2020

SHORE ACRES – BRICK TWP Custom designed Contemporary-style home in the Sea Meadows section provides spectacular 360 degree water views plus 3 levels that provide over 4,000 sq. ft. of living space. The home features a sunny 2-story great room that leads to the spacious kitchen w/dining area & family room/4th bedroom. A sprawling master suite offers stunning water views in addition to an en suite bathroom & 2 walk-in closets. The top floor features an open recreation area w/full wet bar & panoramic Barnegat Bay & lagoon views. The exterior includes 212 ft. of new vinyl bulkhead, a heated in-ground pool, boat lift, 2-car garage, dining area w/awning, plus a storage shed.

Last Agent to Sell the Property

Jeffrey Childers

Childers Sotheby's Intl Realty License #0895595 Listed on: 02/06/2020

Last Buyer's Agent

Deborah Skinner

Veltri & Associates, Realtors

Veltri & Associates, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,147

Year Built

  • Built in 1998

Lot Details

  • Home fronts a lagoon or estuary
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway
  • Paver Block

Home Design

  • Contemporary Architecture
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 4,180 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Boat Lift
  • Docks
  • Deck
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outdoor Gas Grill

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Sea Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07-00250-03-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,147

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Fenced Area, Lagoon
  • ResoPoolFeatures: Heated, In Ground, Vinyl
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Central Vacuum, Dryer, Double Oven, Microwave, Self/Con Clean, Stove, Refrigerator, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: Sea Meadows
  • Architectural Style: Contemporary
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Ceilings - 9Ft+ 1st Flr, Laundry Tub, Sliding Door, Wet Bar, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 1998
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Lot Description Lagoon2: Yes
  • Living Room Two Story2: Yes
  • Water Type Lagoon: Yes
  • Included BlindsShades: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Pool Vinyl2: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Included Double Oven: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Exterior Dock: Yes
  • Parking Paver Block: Yes
  • Included Gas Grill: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Interior Laundry Tub: Yes
  • Foyer Floor - Ceramic: Yes
  • Living Room Sliding Door2: Yes
  • Included Counter Top Range: Yes
  • Living Room Floor - Ceramic2: Yes
  • Exterior Boat Lift: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Central Vacuum: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Timberline
  • Topography: Level
  • Waterfront Features: Lagoon
  • Waterfront: Yes
  • Exterior Features: Boat Lift, Deck, Dock, Fence, Shed, Sprinkler Under, Swimming, Thermal Window, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paver Block, Double Wide Drive, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 07-00250-03-00001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19147.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jun 19, 2020
Sold by
Lobat Anthony S and Lobat Janice M
Bought by
Grossbard Richard and Zugar Deborah
Seller's Agent
Jeffrey Childers
Childers Sotheby's Intl Realty
Buyer's Agent
Deborah Skinner
Veltri & Associates, Realtors
List Price
$999,999
Sold Price
$945,000
Premium/Discount to List
-$54,999
-5.5%
Current Estimated Value
$1,673,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,074
Avg. Annual Appreciation
10.93%
Source: Public Records

Range of Values:

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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
Grossbard Richard $945,000 Elite Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lobat Anthony S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $945,000 -5.5% $226 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $999,999 -- $239 / 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 $21,638 $837,700 $369,800 $467,900
2024 $20,566 $837,700 $369,800 $467,900
2023 $20,297 $837,700 $369,800 $467,900
2022 $20,297 $837,700 $369,800 $467,900
2021 $19,848 $837,700 $369,800 $467,900
2020 $19,619 $837,700 $369,800 $467,900
2019 $19,147 $831,400 $364,500 $466,900
2018 $18,707 $831,400 $364,500 $466,900
2017 $18,199 $831,400 $364,500 $466,900
2016 $17,858 $831,400 $364,500 $466,900
2015 $17,384 $831,400 $364,500 $466,900
2014 $17,243 $831,400 $364,500 $466,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005050

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00250-03-00001