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$699,990
2201-3101 River Rd
NEW CONSTRUCTION READY FOR QUICK CLOSING!Water's Edge is the area's premier condominium community, with spectacular views of both the Manasquan River and the Point Pleasant Canal inland waterway.Amazing ...
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$599,990
2201-3102 River Rd.
New Construction, Ready for Quick Closing!Gorgeous two bedrooms, two and one half baths, fireplace, butler's pantry, kitchen with sleek granite island and state of the art appliances and ...
$449,900
3122 COHOCTON AVE
WOW!This Completely Rebuilt Big Renovated 2400 sq ftCustom Colonial is a Absolutely Beautiful Home w/Front Porch in Relaxing Point Pleasant,Open Floor Plan,5 Spacious Bedrooms& 3 Full Baths. Hardwood Floors. ...
$279,900
505 RIVERWOOD AVE
A must see home very deceiving from the outside. Granite counters in kitchen stainless appliances. very open floor plan makes for endless room arangements. come see it you will fall ...
$349,000
516 SMITH DR
Beds4 bed Baths2 bath House SizeNot AvailableLot Size0.19 Acres Price$349,000Price/sqftNot AvailableProperty TypeSingle Family HomeYear Built1956NeighborhoodNot AvailableStyleRanchStories1GarageNot AvailableProperty FeaturesStatus: ActiveCounty: OceanArea: POINT PLEASANTApproximately 0.19 acre(s)2 total full ...
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Builder Pulte Homes has appointed Anita Kazmierczak as the exclusive broker for Water’s Edge
[caption id="attachment_3669" align="alignnone" width="136" caption="Builder Pulte Homes has appointed Anita Kazmierczak as the exclusive broker for Water’s Edge"] [/caption] Better Homes New Homes Division named Exclusive Broker for luxury condominium complex in Point Pleasant Water’s Edge Condominiums in Point Pleasant offers buyers the kinds of amenities that draw people to the New Jersey Shore, including water views, easy access to ocean beaches, and nearby entertainment such as Boardwalk amusements and charming local eateries. Builder Pulte Homes, which has consistently earned awards for innovation and design, has appointed Anita Kazmierczak as the exclusive broker for Water’s Edge. Kazmierczak is the New Construction Division Team Leader of Better Homes Realty’s innovative New Homes Division, headquartered in Marlboro. Pulte Homes’ Water’s Edge is a midrise Condominium complex. The units, measuring between 2,200 and 4,400 square feet, feature views of the Manasquan River or Point Pleasant Canal, balconies for entertaining, hardwood floors, gourmet kitchens, and floor plans that maximize outdoor scenery and natural lighting. Nine units, including two furnished model homes, are currently available for quick closing. “Water's Edge is a place like no other,” said Kazmierczak. “You are surrounded by tree-lined streets, charming shops, and delicious cafés. This location puts you minutes from ocean beaches, bustling downtown districts, and exciting boardwalk amusements.” Kazmierczak and her team have found success in a troubled real estate market by concentrating on finding the right buyers for the right property. According to Kazmierczak, the specific insight she gains into every aspect of a property for which she is exclusive broker combined with customer care, innovative marketing practices such as strategic advertising and social networking, and Better Homes celebrated online marketing system, has allowed her to link buyers and builders with increasing success, regardless of national real estate trends. For information about Water’s Edge or other new construction properties visit anita.betterhomesus.com or call Kazmierczak at (732) 547-2710.
Point Beach to refund Jenkinson's $500G, as business agrees to forgo '07 and '08 appeals
POINT PLEASANT BEACH — Since 2007, there have been more than 29,000 tax appeal cases filed in Ocean County. However, there are few such cases that rank with the size and scope of the one recently settled between Point Pleasant Beach and its largest business and employer, Jenkinson’s Inc. After three years of appeals, representatives for Jenkinson’s and borough officials have finally agreed to a compromise. As part of the pending settlement, Jenkinson’s will forgo its 2007 and 2008 appeals. In exchange, the borough will refund more than $500,000 from tax payments paid the last two years. Furthermore, the town has agreed to reduce its assessment of the 23 commercial properties owned by the company by 23 percent, beginning this year. Jenkinson’s was seeking a 50 percent reduction. “We’re getting close to being a one business town,” said Mayor Vincent Barrella. “We might already be that.” Barrella has had a well-publicized, adversarial relationship with the business and its owners, the Storino family, but there can be little dispute about the impact Jenkinson’s has on the local economy, and the community in general. The Ocean County Board of Taxation assesses the value of Jenkinson’s properties at more than $108 million and its local taxes comprise about five percent of the municipality’s annual tax levy. In 2010, the town’s tax levy was $5.88 million. Among Jenkinson’s businesses is a popular aquarium, Jenkinson’s Beach Boardwalk and a trendy nightclub situated on the boardwalk that overlooks the ocean. The company employs almost 200 people at its local establishments year-round, said Marilou Halvorsen, Jenkinson’s marketing director. “During the busy time of the year, we have between 1,200 and 1,500 employees. Most of those are from the area,” she said. Beyond the tax appeal case, the Jenkinson’s situation highlights yet another negative effect of the downturn in the housing market — the effect it will have on towns that have gone through revaluations recently. (Page 2 of 3) A revaluation is a house-by-house appraisal, mandated by the state and conducted by the town with the objective to have each property assessed at 100 percent of market value. It’s a labor-intensive process that typically takes at least two years to complete. The intention of a revaluation is to keep the tax burden of the process equalized among residents. In theory, following a revaluation about one-third of the property taxes would increase, a third will decrease and a third remain roughly about the same. But in Point Pleasant Beach, its most recent revaluation was completed and implemented in 2007 — about one year after the local and national housing markets began their still ongoing slump. “There were many business owners and residential property owners who’ve also appealed since the revaluation,” said Edward McGlynn, an attorney representing Jenkinson’s. “We weren’t the only ones.” In fact, there are 111 property owners in the borough who filed a tax appeal just last year, said Ozzie Vituska, the Ocean County tax administrator. It’s part of the reason tax appeals countywide have increased dramatically since 2007, when about 2,500 were filed. By 2009, that number ballooned to almost 14,500. “I hear this and I’m thinking, “Well, I’m probably overassessed too’,” Point Beach resident Anne Lightburn said of the Jenkinson’s settlement. She could be right. According to a report released this month by Zillow.com, a website devoted to providing real estate data, national home prices have fallen about 26 percent since 2006. In Point Pleasant Beach, the real estate numbers are even worse. For example, in 2006, there were 125 properties sold at a median price of $490,000, according to figures compiled by Sharon Yahara of the Monmouth County Association of Realtors. By contrast, there were 101 properties sold for a median price of $290,000 in 2010. Essentially, this could mean some home assessments from 2007 are already outdated. “The timing of the revaluation couldn’t have been worse,” said Councilman Sean Hennessy. (Page 3 of 3) Point Pleasant Beach officials have ruled out another revaluation because of the time needed to conduct one and the overall costs. But they are considering a reassessment, a more general appraising of property in the town. Borough officials said the Jenkinson’s settlement is another financial setback for the municipality, which was facing a $1 million budget shortfall this year. The operating budget is expected to be about $12 million. “It’s a tough pill to swallow but we’ve got to it,” Councilwoman Kristine Tooker said about the settlement. Barrella said an outright loss in the tax appeal case could have likely “bankrupted” the town. “If we lost the appeal, we’re looking at $1.2 million or more,” he said. “It could’ve marked the end of Point Pleasant Beach as we know it.” In his speech at the town’s organizational meeting earlier this month, Barrella said all property owners will have an increased burden due to the tax appeal settlement. “Seniors and families lack the financial ability to challenge the assessments,” like Jenkinson’s could, the mayor said. “We wanted to do everything we could to avoid litigation,” Halvorsen said. In order to pay the refund, the borough will borrow the funds through a bond initiative. “We just don’t have the money,” Councilman Jeffrey Dyer said. A revaluation is a house-by-house appraisal, mandated by the state and conducted by the town with the objective to have each property assessed at 100 percent of market value. It’s a labor-intensive process that typically takes at least two years to complete. The intention of a revaluation is to keep the tax burden of the process equalized among residents. In theory, following a revaluation about one-third of the property taxes would increase, a third will decrease and a third remain roughly about the same. But in Point Pleasant Beach, its most recent revaluation was completed and implemented in 2007 — about one year after the local and national housing markets began their still ongoing slump. “There were many business owners and residential property owners who’ve also appealed since the revaluation,” said Edward McGlynn, an attorney representing Jenkinson’s. “We weren’t the only ones.” In fact, there are 111 property owners in the borough who filed a tax appeal just last year, said Ozzie Vituska, the Ocean County tax administrator. It’s part of the reason tax appeals countywide have increased dramatically since 2007, when about 2,500 were filed. By 2009, that number ballooned to almost 14,500. “I hear this and I’m thinking, “Well, I’m probably overassessed too’,” Point Beach resident Anne Lightburn said of the Jenkinson’s settlement. She could be right. According to a report released this month by Zillow.com, a website devoted to providing real estate data, national home prices have fallen about 26 percent since 2006. In Point Pleasant Beach, the real estate numbers are even worse. For example, in 2006, there were 125 properties sold at a median price of $490,000, according to figures compiled by Sharon Yahara of the Monmouth County Association of Realtors. By contrast, there were 101 properties sold for a median price of $290,000 in 2010. Essentially, this could mean some home assessments from 2007 are already outdated. “The timing of the revaluation couldn’t have been worse,” said Councilman Sean Hennessy. (Page 3 of 3) Point Pleasant Beach officials have ruled out another revaluation because of the time needed to conduct one and the overall costs. But they are considering a reassessment, a more general appraising of property in the town. Borough officials said the Jenkinson’s settlement is another financial setback for the municipality, which was facing a $1 million budget shortfall this year. The operating budget is expected to be about $12 million. “It’s a tough pill to swallow but we’ve got to it,” Councilwoman Kristine Tooker said about the settlement. Barrella said an outright loss in the tax appeal case could have likely “bankrupted” the town. “If we lost the appeal, we’re looking at $1.2 million or more,” he said. “It could’ve marked the end of Point Pleasant Beach as we know it.” In his speech at the town’s organizational meeting earlier this month, Barrella said all property owners will have an increased burden due to the tax appeal settlement. “Seniors and families lack the financial ability to challenge the assessments,” like Jenkinson’s could, the mayor said. “We wanted to do everything we could to avoid litigation,” Halvorsen said. In order to pay the refund, the borough will borrow the funds through a bond initiative. “We just don’t have the money,” Councilman Jeffrey Dyer said. Point Pleasant Beach officials have ruled out another revaluation because of the time needed to conduct one and the overall costs. But they are considering a reassessment, a more general appraising of property in the town. Borough officials said the Jenkinson’s settlement is another financial setback for the municipality, which was facing a $1 million budget shortfall this year. The operating budget is expected to be about $12 million. “It’s a tough pill to swallow but we’ve got to it,” Councilwoman Kristine Tooker said about the settlement. Barrella said an outright loss in the tax appeal case could have likely “bankrupted” the town. “If we lost the appeal, we’re looking at $1.2 million or more,” he said. “It could’ve marked the end of Point Pleasant Beach as we know it.” In his speech at the town’s organizational meeting earlier this month, Barrella said all property owners will have an increased burden due to the tax appeal settlement. “Seniors and families lack the financial ability to challenge the assessments,” like Jenkinson’s could, the mayor said. “We wanted to do everything we could to avoid litigation,” Halvorsen said. In order to pay the refund, the borough will borrow the funds through a bond initiative. “We just don’t have the money,” Councilman Jeffrey Dyer said. Keith Ruscitti: 732-557-5748; kruscitti@app.com , http://www.app.com/article/20110128/NJNEWS/101280355/1279/local03&source=rss Anthony J. Gonzalez Better Homes Realty (908) 565-0457 Anthony@JerseyShore102.com http://www.JerseyShore102.com -->
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