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1007 Ocean Avenue

1007 Ocean Avenue, Belmar, NJ 07719
Property in Belmar
Sold Jun 13, 2012
$1,450,000
$980,000 by The Provident Bank
Mortgage Due Jul 28, 2038
Sold Aug 17, 2005
$330,000
$300,000 by Manasquan Savings Bank
Mortgage
Local assessors in Belmar, NJ have categorized 1007 Ocean Avenue as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 3,760 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 470 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1007 Ocean Avenue has a total of 3,552 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 828 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a flat style roof that was made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1007 Ocean Avenue was last sold in Jun 8, 2012 for $1,450,000. According to our calculations, that's $408.22 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Jul 8, 2005. Current property owners are expected to pay $18,540 in taxes per year. The property on 1007 Ocean Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,318,600. To break that down further, the land itself was valued at $837,200. While improvements to the property were assessed at a total of $481,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 828
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 3,760
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 470
  • Total Building Area: 3,552
  • Building Area: 3,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BONANNO BRUCE B
  • Current Owner 2: SAVINO LINDA A
  • Previous Owner : WALSIFER NICHOLAS F
  • Previous Owner 2: WALSIFER KERRI LEE
  • Owner Before Previous Owner: WALSIFER JOHN F
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Belmar Borough School District
  • Census Tract: 808402

Zoning

  • Zoning: B-C

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 07
  • Parcel: 07 00100-0000-00019- 03
  • Block: 100
  • Lot: 19.03
  • Municipality: BELMAR BORO
  • Latitude: 40.1764
  • Longitude: -74.0142

    Address

  • Full Address: 1007 Ocean Ave
  • Address - House Number: 1007
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belmar
  • Carrier Code: C003
  • 4-Digit Zip Code: 2328
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,540

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 2,443,052
  • High Value: 2,852,124
  • Low Value: 2,033,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: THE PROVIDENT BANK
  • First Open Lien Mortgage Recording Date: Jun 13, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $980,000
  • First Open Lien Mortgage Term: 312
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 28, 2038

    Market Valuation

  • Market Total Value: $1,318,600
  • Market Land Value: $837,200
  • Market Improvement Value: $481,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,318,600
  • Assessed Land Value: $837,200
  • Assessed Improvements Value: $481,400

    Sales

  • Current Sale Contract Date: Jun 08, 2012
  • Current Sale Recording Date: Jun 13, 2012
  • Current Sale Transaction ID: 1062068908
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012061473
  • Previous Sale Recording Date: Aug 17, 2005
  • Previous Sale Contract Date: Jul 08, 2005
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE PROVIDENT BANK
  • First Mortgage Transaction Date: Jun 13, 2012
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 312
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 28, 2038

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MANASQUAN SAVINGS BANK
  • Previous Mortgage Transaction Date: Aug 17, 2005
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360

About Belmar



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Frequently Asked Questions

What neighborhood is 1007 Ocean Avenue located in?
The 1007 Ocean Avenue is a located in the neighborhood of Belmar in Belmar, Belmar.
What is the average sales price for listings in 1007 Ocean Avenue?
The average sales price for units in 1007 Ocean Avenue is $0 currently.

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