When was property at 40 Inlet Terrace built and last sold?

The property at 40 Inlet Terrace was built in 2019 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 40 Inlet Terrace is $0.

What are some comparable homes to 40 Inlet Terrace?

There are currently no comparable homes to 40 Inlet Terrace.

Belmar

07719

Belmar

40 Inlet Terrace

$1,400,000

● House - Off Market

40 Inlet Terrace

Belmar, NJ 07719

5 Beds

4 Baths, 1 Half Bath

$2,720,920

RealtyHop Estimate

51.58%

Since Jul 1, 2018

National-US

Primary Model

About This Property

The one and only Inlet Terrace. Rare Riverfront with boat lift and direct ocean access with additional lagoon in the back yard. Update or build new. Not familiar with this location? Older homes on Inlet Terrace that have sold for over $2,000,000 have been knocked down and replaced with new ones...that's how valuable it is. 2 blocks to the beach, a few blocks into town AND its waterfront. Magnificent location for the lucky few.

Unit Size

Days on Market

Land Size

0.43 acres

Price per sqft

Property Type

House

Property Taxes

$1,507

HOA Dues

$21

Year Built

2019

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Last updated: 3 years ago (MOMLS #21801397)

Price History

Date / Event	Date	Event
Jun 18, 2018	Sold	Premium
Sold
Jan 30, 2018	Listed by RE/MAX Paradigm Realty Group	$1,795,000
Listed by RE/MAX Paradigm Realty Group
Jul 29, 2017	Listed	$2,195,000
Listed

	Gorgeous waterfront estate on prestigious Inlet Terrace, located two blocks from the beach, facing the Shark River Inlet. Home features breathtaking views of the inlet, a fantastic rear patio that overlooks a large in-ground pool, gazebo and deep water lagoon. The lagoon provides direct access to the inlet/ocean for boats, jet skis and kayaks. Property includes lot 17.01 on the inlet with a new 104' bulk head (2016), and tidelands license for a boat lift. Home features a remodeled kitchen (2009), a sunny dining room, large formal living room and comfortable den with fireplace. Dining room, living room and den all have direct water views on both sides! There are a total five bedrooms, three full bathrooms, four fireplaces, attached garage & custom rustic pub in the basement. The manager has listed the unit size as 2995 square feet.

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2019

Effective Year Built: 2019
Building Count: 1
Total Rooms: 12
Bedroom Count: 5
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 250
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 1,897
Garage Type: 10
Parking Space Count: 2
Patio Type: 20
Porch Type: 0
Pool Type: 12

Dimensions

Lot Size Square Feet: 18,768

Lot Size Depth Feet: 2,670
Lot Size Frontage Feet: 640
Total Building Area: 5,329
Building Area: 5,329
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 5,329
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: MAP OF INLET TERRACE
Land Acres: 0000000431
Standard Land Use Code: 1001
County Land Use Code: 2
Legal Description 1: ADDITIONAL LOTS: 17.01

Neighborhood

School District Name: Belmar Borough School District

Census Tract: 808401

Zoning

Zoning: R100

Geography

Assessors Map Reference: TAX MAP 3

District: 07
Parcel: 07 00012-0000-00017
Block: 12
Lot: 17
Municipality: BELMAR BORO
Latitude: 40.1868
Longitude: -74.0155

Address

Full Address: 40 Inlet Ter

Address - House Number: 40
Address - Street Name: Inlet
Address - Suffix Type: Ter
State: NJ
City Name: Belmar
Carrier Code: C001
4-Digit Zip Code: 2150
Zip Code: 07719

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,949,085

Appraisal Valuation

Standard Deviation: 0.1364

Valuation Date: Apr 03, 2024
Confidence Score: 84
Final Value: 3,383,159
High Value: 3,844,884
Low Value: 2,921,433

Market Valuation

Market Total Value: $2,097,500

Market Land Value: $1,094,400
Market Improvement Value: $1,003,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $2,097,500
Assessed Land Value: $1,094,400
Assessed Improvements Value: $1,003,100

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Belmar

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$715

Below Asking

0.01%

Average Days on Market

Average Home Size

1873 ft²

Average Home Age

60.8 years

Currently For Sale

14 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 521 Lake Avenue, Asbury Park, NJ, 07712

$4,400 /mo

2 Beds
2 Baths
1,200 ft²

521 Lake Avenue #504, Asbury Park, NJ, 07712 Listing by Elizabeth L McGillan

Unit for rent at 527 Bangs Avenue, Asbury Park, NJ, 07712

$4,400 /mo

2 Beds
2 Baths
1,349 ft²

527 Bangs Avenue #401, Asbury Park, NJ, 07712 Listing by Elizabeth L McGillan

Unit for rent at 718 19th Avenue, Belmar, NJ, 07719

$4,500 /mo

3 Beds
2 Baths

718 19th Avenue, Belmar, NJ, 07719 Listing by Carolyn Vallerini

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Patrick Butera, RE/MAX Paradigm Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21801397

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

40 Inlet Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Belmar

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions