When was property at 88 Inlet Terrace built and last sold?

The property at 88 Inlet Terrace was built in 1962 and last sold on Jun 3, 1999 for $385,000.

How much is this home worth?

The estimated value of the home located at 88 Inlet Terrace is $1,463,490.

What are some comparable homes to 88 Inlet Terrace?

There are currently no comparable homes to 88 Inlet Terrace.

Belmar

07719

Belmar

88 Inlet Terrace

$1,325,000

● House - Off Market

88 Inlet Terrace

Belmar, NJ 07719

5 Beds

4 Baths, 1 Half Bath

$2,441,219

RealtyHop Estimate

68.48%

Since Dec 1, 2016

National-US

Primary Model

About This Property

Experience Belmar's most distinguished venue at 88 Inlet Terrace...Classic seaside residence with exceptional indoor and outdoor flow, five bedrooms, three and one half baths situated a few blocks to beach, fishing club and dining. Upon entering onto mahogany front porch step into foyer with formal dining and living rooms on either side. Kitchen features stainless appliances, granite counters, cream cabinetry with center island as well as table seating. Step down into family room with palladian window, vaulted ceilings with views of the paver patio, dock and lagoon. Lower basement level is walkout with bedroom, bonus room and full bath. Second level holds three additional bedrooms, common bath and master bedroom en-suite. Wood floors throughout with beachy color scheme. Decorative moldings, paver driveway, views of Shark River Inlet and lagoon from most rooms. Dine al-fresco on deck and patio listening to the hum of the river and scent of salt air.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$1,405

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #21628345)

Price History

Date / Event	Date	Event
Nov 14, 2016	Sold	Premium
Sold
Jul 18, 2016	Listed by Ward Wight Sotheby's International Realty	$1,449,000
Listed by Ward Wight Sotheby's International Realty

Property Highlights

Parking Available

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1962
Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 0
Construction Type: 0
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 1,178
Garage Type: 0
Parking Space Count: 0
Patio Type: 20
Porch Type: 7
Pool Type: 2

Dimensions

Lot Size Square Feet: 10,759

Lot Size Depth Feet: 2,030
Lot Size Frontage Feet: 530
Total Building Area: 2,724
Building Area: 2,724
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 2,724
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000247
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Belmar Borough School District

Census Tract: 808401

Zoning

Zoning: R100

Geography

Assessors Map Reference: TAX MAP 6

District: 07
Parcel: 07 00012-0000-00041
Block: 12
Lot: 41
Municipality: BELMAR BORO
Latitude: 40.1849
Longitude: -74.0213

Address

Full Address: 88 Inlet Ter

Address - House Number: 88
Address - Street Name: Inlet
Address - Suffix Type: Ter
State: NJ
City Name: Belmar
Carrier Code: C001
4-Digit Zip Code: 2158
Zip Code: 07719

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,902,459

Appraisal Valuation

Standard Deviation: 0.1674

Valuation Date: Apr 03, 2024
Confidence Score: 78
Final Value: 2,257,251
High Value: 2,635,212
Low Value: 1,879,290

Market Valuation

Market Total Value: $1,353,100

Market Land Value: $974,900
Market Improvement Value: $378,200

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,353,100
Assessed Land Value: $974,900
Assessed Improvements Value: $378,200

Sales

Current Sale Contract Date: Jun 03, 1999

Current Sale Recording Date: Aug 31, 1999
Current Sale Price:

Premium
Current Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

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:

$997,000

Sale Price/ft²

$696

Below Asking

0.01%

Average Days on Market

Average Home Size

1740 ft²

Average Home Age

71.6 years

Currently For Sale

8 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 718 19th Avenue, Belmar, NJ, 07719

$4,500 /mo

3 Beds
2 Baths

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

Unit for rent at 208 16th Avenue, Belmar, NJ, 07719

$4,250 /mo

2 Beds
2 Baths
1,958 ft²

208 16th Avenue, Belmar, NJ, 07719 Listing by Maryan Fornicola

Unit for rent at 514 Brighton Avenue, Spring Lake, NJ, 07762

$5,000 /mo

3 Beds
1 Bath

514 Brighton Avenue, Spring Lake, NJ, 07762 Listing by Sharon Clark

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Tina Cavazzoni, Ward Wight Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21628345

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.

88 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