When was property at 7 Bay Way built and last sold?

The property at 7 Bay Way was built in 1890 and last sold on Nov 13, 2023 for $420,000.

How much is this home worth?

The estimated value of the home located at 7 Bay Way is $441,148.

What are some comparable homes to 7 Bay Way?

There are currently no comparable homes to 7 Bay Way.

Ocean

7 Bay Way

$420,000

● House - Off Market

7 Bay Way

Lanoka Harbor, NJ 08734

3 Beds

2 Baths, 1 Half Bath

1,988 Ft²

$425,000

RealtyHop Estimate

0.00%

Since Dec 1, 2023

National-US

Primary Model

About This Property

Huge price reduction! Seller found a home! Large fenced property for this 19th Century home. Great potential for plummer, landscaper, electrician, builder or even a tinkerer who needs space. 2 detached garages. 1 can accmodate 4 cars & has a lift, the other is 1.5 car garage. Electricity in both. Plenty of room for a boat/RV with 50 and 30 amp services. Circular driveway. Separate well besides city water. Generac gas powered generator. Hardwood under carpets. Walk up staircase to full stand up attic. Can be finished for extra space. Most windows have been replaced. Huge dining room with bay window plus eat-in kitchen. Pig Iron fireplace converted to gas. Basement with workshop. Trex deck. Short walk to Cedar Creek. Close to bay beach, plenty of shopping & marina

Unit Size

1,988 Ft²

Days on Market

Land Size

1.36 acres

Price per sqft

$214

Property Type

House

Property Taxes

$535

HOA Dues

Year Built

1890

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MOMLS #22322764)

Price History

Date / Event	Date	Event
Nov 15, 2023	Sold	Premium
Sold
Aug 17, 2023	Listed by Crossroads Realty Executive Office	$425,000
Listed by Crossroads Realty Executive Office

Property Highlights

Parking Available

Fireplace

Building Info

Overview

General

Year Built: 1890

Effective Year Built: 1890
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 693
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 36,920

Lot Size Depth Feet: 2,840
Lot Size Frontage Feet: 1,300
Total Building Area: 1,746
Building Area: 1,746
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 13
Heated Square Feet: 1,746
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000848
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Lacey Township School District

Census Tract: 732101

Zoning

Zoning: R75

Geography

Assessors Map Reference: TAX MAP 47

Account Number: 00055720
District: 13
Parcel: 13 00860-0000-00015
Block: 860
Lot: 15
Municipality: LACEY TWP
Latitude: 39.8664
Longitude: -74.1683

Address

Full Address: 7 Bay Way

Address - House Number: 7
Address - Street Name: Bay
Address - Suffix Type: Way
State: NJ
City Name: Lanoka Harbor
Carrier Code: R001
4-Digit Zip Code: 2302
Zip Code: 08734

Valuation

Tax

Tax Year: 2022

Tax Amount: $642,466

Appraisal Valuation

Standard Deviation: 0.0902

Valuation Date: Dec 13, 2023
Confidence Score: 92
Final Value: 418,162
High Value: 455,901
Low Value: 380,424

Market Valuation

Market Total Value: $283,900

Market Land Value: $133,000
Market Improvement Value: $150,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $283,900
Assessed Land Value: $133,000
Assessed Improvements Value: $150,900

Sales

Current Sale Contract Date: Nov 13, 2023

Current Sale Recording Date: Nov 20, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 86989

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

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Comparables

About Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

Average Home Size

1581 ft²

Average Home Age

32.7 years

Currently For Sale

3069 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

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$3,000 /mo

3 Beds
1 Bath

313 Oleary Avenue, Bayville, NJ, 08721 Listing by Nicholas Boulton

Unit for rent at 319 Nautilus Boulevard, Forked River, NJ, 08731

$2,950 /mo

3 Beds
1 Bath

319 Nautilus Boulevard, Forked River, NJ, 08731 Listing by Malka S Cymet

Unit for rent at 616 Bowsprit Point, Lanoka Harbor, NJ, 08734

$2,850 /mo

3 Beds
2 Baths

616 Bowsprit Point, Lanoka Harbor, NJ, 08734 Listing by Julie L Choy

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lisa Lombardi-Bergstrom, Crossroads Realty Executive Office
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22322764

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.

7 Bay Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ocean

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions