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1180 West Bay Avenue

1180 West Bay Avenue, Barnegat, NJ 08005
House in Ocean
Sold Oct 28, 2021
$535,000
$401,250 by American Neighborhood Mtg Acce
Mortgage Due Oct 01, 2051
Sold Feb 04, 1999
$39,000
Local assessors in Barnegat, NJ have categorized 1180 West Bay Avenue as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 192,535 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1180 West Bay Avenue has a total of 2,228 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 2,106 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. The home has been utilizing oil for fuel. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1180 West Bay Avenue sold most recently in Aug 27, 2021 for a total of $535,000. If you work out the math, that's approximately a cost of $240.13 per sqft. Before that, the property was also sold for $39,000 in Feb 1, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,505 in taxes each year. 1180 West Bay Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $337,400. If we break it down further, the land itself was valued at $151,300. Improvements to the property, however, were assessed at a total of $186,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Oversized Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 2,106
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 192,535
  • Total Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,228
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.42
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIMA MANUEL A
  • Current Owner 2: LIMA MARIA C
  • Previous Owner : POOLE ANDREA
  • Owner Before Previous Owner: KELLER STEPHEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Barnegat Township School District
  • Census Tract: 734005

Zoning

  • Zoning: RLAC

Geography

  • Assessors Map Reference: TAX MAP 35
  • District: 01
  • Parcel: 01 00093-0000-00004- 01
  • Block: 93
  • Lot: 4.01
  • Municipality: BARNEGAT TWP
  • Latitude: 39.7662
  • Longitude: -74.2786

    Address

  • Full Address: 1180 W Bay Ave
  • Address - House Number: 1180
  • Street Direction: W
  • Address - Street Name: Bay
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Barnegat
  • Carrier Code: R028
  • 4-Digit Zip Code: 1200
  • Zip Code: 08005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,505

    Appraisal Valuation

  • Standard Deviation: 0.192
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 638,804
  • High Value: 761,496
  • Low Value: 516,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,250
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $401,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $337,400
  • Market Land Value: $151,300
  • Market Improvement Value: $186,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,400
  • Assessed Land Value: $151,300
  • Assessed Improvements Value: $186,100

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11861988565
  • Current Sale Price: $535,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021154540
  • Previous Sale Recording Date: Feb 04, 1999
  • Previous Sale Contract Date: Feb 01, 1999
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $401,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Ocean



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Frequently Asked Questions

What neighborhood is 1180 West Bay Avenue located in?
The 1180 West Bay Avenue is a house located in the neighborhood of Ocean in Ocean, Barnegat.
What is the average sales price for listings in 1180 West Bay Avenue?
The average sales price for units in 1180 West Bay Avenue is $0 currently.

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