NOT LISTED FOR SALE

1742 Bay Isle Dr Point Pleasant Boro, NJ 08742

Estimated Value: $1,192,000 - $1,699,000

5 Beds
3 Baths
2,703 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $999,999 $370 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,975/month

41 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Active Adult
  • Docks
  • Home fronts a lagoon or estuary
  • Property near a lagoon

About This Home

As of September 2023

Located on one of the most sought after streets in Bay Head Shores, this magnificent property has been a family home for over 30 years. Enjoy spectacular views of the Barnegat Bay, five bedrooms, four full baths, a two-car garage, and a 32 x 26 inground pool (completely fenced in for safety). Take advantage of the option to join the Bay Head Shores Association featuring a clubhouse, bay beach and playground. Renovate or build your dream home on this oversized property featuring an 84' bulkhead facing the southeast. This home is being sold ''As Is''

Last Agent to Sell the Property

Ann Marie Ireland

M. Van Sciver REALTORS License #0446785 Listed on: 06/16/2023

Last Buyer's Agent

Ann Marie Ireland

M. Van Sciver REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,694

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 2,703 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Sliding Doors
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Property near a lagoon
  • Bulkhead
  • Docks
  • Deck

Location

  • Bayside

Schools

  • Nellie F. Bennett Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Baseboard Heating

Community Details

  • Active Adult
  • No Home Owners Association
  • Bay Head Shores Subdivision

Listing and Financial Details

  • Exclusions: Chandelier on first floor near entrance door
  • Assessor Parcel Number 25-00279-0000-0245

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,694

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Bulkhead, Lagoon
  • ResoPoolFeatures: In Ground, Vinyl
  • Subdivision Name: Bay Head Shores
  • Architectural Style: 2 Story, Other - See Remarks
  • New Construction: No
  • Year Built: 1967
  • Contract Info New Construction: No
  • 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
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 67 x 139 as per tax records
  • Location Middle School: Memorial
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info # Fireplaces: 1.0
  • Lot Description Lagoon2: Yes
  • Water Type Lagoon: Yes
  • ExteriorDeck: Yes
  • Pool Vinyl2: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Water Type Bulkhead: Yes
  • Exterior Dock: Yes
  • Living Room Sliding Door2: Yes
  • Water Type Bayside: Yes
  • Style 2 Story: Yes
  • Heating 5 Zone2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:None2: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.21
  • Waterfront Features: Bayside, Bulkhead, Lagoon
  • Waterfront: Yes
  • Exclusions: Chandelier on first floor near entrance door
  • Exterior Features: Deck, Dock, Fence
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard, 5 Zone
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association: No

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 67 x 139 as per tax records
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 25-00279-0000-0245
  • Zoning Description: Residential, Single Family, Neighborhood

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15694.0

MLS Schools

  • Elementary School: Nellie F. Bennett
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 28, 2023
Sold by
Faraldi Albert N and Faraldi Claudia B
Bought by
Lakhiani Ashok and Lakhiani Joanna
Seller's Agent
Ann Marie Ireland
M. Van Sciver REALTORS
Buyer's Agent
Ann Marie Ireland
M. Van Sciver REALTORS
List Price
$1,329,900
Sold Price
$999,999
Premium/Discount to List
-$329,901
-24.81%
Views
403
Current Estimated Value
$1,447,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,779
Avg. Annual Appreciation
18.69%

Purchase Details

Closed on
Sep 8, 1987
Bought by
Faraldi Albert N and Faraldi Claudia
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
Lakhiani Ashok $999,999 Wfg National Title
Lakhiani Ashok $999,999 Wfg National Title
Faraldi Albert N $329,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $999,999 -18.7% $370 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $1,229,900 -7.5% $455 / Sq Ft
06/16/2023 06/16/23 For Sale $1,329,900 -- $492 / 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 $16,764 $741,600 $452,800 $288,800
2024 $16,023 $733,000 $452,800 $280,200
2023 $15,694 $733,000 $452,800 $280,200
2022 $15,694 $733,000 $452,800 $280,200
2021 $15,452 $733,000 $452,800 $280,200
2020 $15,290 $733,000 $452,800 $280,200
2019 $15,085 $733,000 $452,800 $280,200
2018 $14,638 $733,000 $452,800 $280,200
2017 $14,315 $733,000 $452,800 $280,200
2016 $14,206 $733,000 $452,800 $280,200
2015 $14,037 $733,000 $452,800 $280,200
2014 $13,714 $733,000 $452,800 $280,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22315914

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00279-0000-00245