NOT LISTED FOR SALE

480 River Terrace Toms River, NJ 08755

Estimated Value: $500,419 - $587,000

3 Beds
2 Baths
-- Sq Ft
10,367 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $495,000

Est. 6% increase in value since last sale

Current estimated payment $3,402/month

8 Days on Market

Highlights

  • New Kitchen
  • No HOA
  • Oversized Lot
  • Quartz Countertops
  • 1 Car Direct Access Garage
  • Double-Wide Driveway

About This Home

As of April 2024

This ranch-style home offers modern amenities and convenient features, including three bedrooms and two full bathrooms, with a primary bedroom boasting ample closet space and an attached full bathroom. The updated kitchen features sleek
stainless-steel appliances, quartz countertops, and flooring for both style and functionality. The open and inviting living space integrates the living room, kitchen, and sunroom/dining area, providing a centralized hub for daily activities. The sunroom/dining area boasts newer windows, approximately 1 year old, allowing abundant natural light. Throughout the home, excluding bathrooms and the sunroom/dining area, new vinyl plank flooring with a scratch and stain-resistant coating is ideal for pet owners. Modern light fixtures and recessed lighting enhance the ambiance. The full basement, with a partially finished area, offers versatile opportunities for recreation or additional living space. Other features include a garage with direct entry and an electric opener for added convenience. Outside, the property features a fully fenced yard with vinyl fencing, a new retaining wall, and a patio, perfect for outdoor entertaining. The front and back yards benefit from a sprinkler system connected to a well, ensuring lush greenery and easy maintenance. Additional highlights include a newly paved three-car-wide driveway, a roof replacement approximately 4 years ago, and proximity to Rt 37 for easy access to the Garden State Parkway and nearby amenities. This home combines modern updates, practical features, and a convenient location for comfortable living.

Last Listed By

Monique Demers

Real Broker, LLC License #1435583 Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 91 x 114
  • Fenced
  • Oversized Lot
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Double-Wide Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Washer, dryer, and all personal belongings.
  • Assessor Parcel Number 08-00533-02-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,451

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Oversized
  • Inclusions: Ceiling Fan(s), Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: Vinyl, Ceramic Tile, Tile
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1964
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Kitchen Quartz: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 91 x 114
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Parking Double Wide Drive: Yes
  • Interior Recessed Lighting: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Rooms Garage4: Yes
  • Style Ranch: Yes
  • Dining Room Floor - Ceramic3: Yes
  • Kitchen Eat-In: Yes
  • Parking Oversized2: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement3: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Washer, dryer, and all personal belongings.
  • Exterior Features: Fence, Patio, Shed, Sprinkler Under

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Double Wide Drive, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 91 x 114
  • Parcel #: 08-00533-02-00004
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5451.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 18, 2024
Sold by
Matthews Lionell and Karkovice Jennifer
Bought by
Luckey Lauren and Luckey Jason
Seller's Agent
Monique Demers
Real Broker, LLC
Buyer's Agent
Jena DeMarco
Crossroads Realty Executive Office
List Price
$460,000
Sold Price
$495,000
Premium/Discount to List
$35,000
7.61%
Total Days on Market
8
Views
118
Current Estimated Value
$526,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,105
Avg. Annual Appreciation
6.22%
Original Mortgage
$270,000
Outstanding Balance
$267,365
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$258,740

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 17, 2021
Sold by
Zengaro Anthony and Estate Of Rita J Cahill
Bought by
Matthews Lionell and Karkovice Jennifer
Seller's Agent
Stephanie Sevastakis
RE/MAX Revolution
Buyer's Agent
Monique DeMers
Diane Turton, Realtors-Point Pleasant Boro
List Price
$333,000
Sold Price
$351,000
Premium/Discount to List
$18,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$344,642
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1988
Bought by
Cahill Rita

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Luckey Lauren $495,000 Consumers Choice Title
Matthews Lionell $351,000 All Ahead Title Agency
Cahill Rita $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luckey Lauren $270,000
Previous Owner Matthews Lionell $344,642
Previous Owner Cahill Rita J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $495,000 +7.6% --
02/16/2024 02/16/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $460,000 +31.1% --
03/17/2021 03/17/21 Sold $351,000 +5.4% $226 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $333,000 -- $215 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,653 $326,600 $99,000 $227,600
2023 $5,451 $326,600 $99,000 $227,600
2022 $5,451 $326,600 $99,000 $227,600
2021 $5,468 $218,300 $93,300 $125,000
2020 $5,444 $218,300 $93,300 $125,000
2019 $5,209 $218,300 $93,300 $125,000
2018 $5,139 $218,300 $93,300 $125,000
2017 $5,095 $218,300 $93,300 $125,000
2016 $4,962 $218,300 $93,300 $125,000
2015 $4,774 $218,300 $93,300 $125,000
2014 $4,545 $218,300 $93,300 $125,000
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403591

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00533-02-00004