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2011 East Bay Terrace

2011 East Bay Terrace, Beach Haven, NJ 08008
Property in Ocean
Sold Jan 04, 2023
$2,570,000
$1,570,000 by Us Bank National Association
Mortgage Due Dec 01, 2037
Sold Aug 03, 2015
$700,000
2011 East Bay Terrace in Beach Haven, NJ was first built in 2017 and is 7 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 2011 East Bay Terrace has 2,823 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 736 sqft and has been categorized as a unknown. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 3,820 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 2011 East Bay Terrace sold most recently in Oct 26, 2022 for a total of $2,570,000. If you work out the math, that's approximately a cost of $910.38 per sqft. Before that, the property was also sold for $700,000 in Jul 23, 2015. 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 $14,282 in taxes each year. 2011 East Bay Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,348,600. If we break it down further, the land itself was valued at $671,600. Improvements to the property, however, were assessed at a total of $677,000. 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

Building Style

Contemporary

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 736
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,820
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,823
  • Building Area: 2,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,823
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 2.01,2.02 (RIPAS)

Ownership

  • Current Owner : WAIT AND SEA LLC
  • Previous Owner : INDOE WILLIAM
  • Owner Before Previous Owner: BECHLER HENRY C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southern Regional School District
  • Census Tract: 739000

Zoning

  • Zoning: R2EC

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 29
  • Parcel: 29 00042-0000-00002
  • Block: 42
  • Lot: 2
  • Municipality: SHIP BOTTOM BORO
  • Latitude: 39.6439
  • Longitude: -74.1855

    Address

  • Full Address: 2011 E Bay Ter
  • Address - House Number: 2011
  • Street Direction: E
  • Address - Street Name: Bay
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Ship Bottom
  • Carrier Code: C008
  • 4-Digit Zip Code: 4340
  • Zip Code: 08008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,282

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 2,388,355
  • High Value: 2,901,699
  • Low Value: 1,875,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,570,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jan 04, 2023
  • First Open Lien Mortgage Loan Amount: $1,570,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2037

    Market Valuation

  • Market Total Value: $1,348,600
  • Market Land Value: $671,600
  • Market Improvement Value: $677,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,348,600
  • Assessed Land Value: $671,600
  • Assessed Improvements Value: $677,000

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Transaction ID: 11900752807
  • Current Sale Price: $2,570,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 432
  • Previous Sale Recording Date: Aug 03, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jan 04, 2023
  • First Mortgage Loan Amount: $1,570,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2037

About Ship Bottom



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Frequently Asked Questions

What neighborhood is 2011 East Bay Terrace located in?
The 2011 East Bay Terrace is a located in the neighborhood of Ocean in Ship Bottom, Beach Haven.
What is the average sales price for listings in 2011 East Bay Terrace?
The average sales price for units in 2011 East Bay Terrace is $0 currently.

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