NOT LISTED FOR SALE

1 W 73rd St Harvey Cedars, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $225,000 - $252,000

Studio
2 Baths
2,080 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $515,000 $248 Per Sq Ft

Current estimated payment $1,429/month

172 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Whirlpool Bathtub
  • Deck
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2016

Wonderful opportunity to have a money-making investment property, year round residence, or both! This duplex features two bedrooms and one bath on each floor. Bay views from the top floor. Only a block to the ocean and bay. While the downstairs is mostly original, the upstairs is updated to include hardwood floors, bathroom with jetted tub, and a large kitchen and living area. Opportunities aplenty. Schedule your appointment today!

Last Agent to Sell the Property

Joseph Mayo

(609) 494-7000 joemayoiv@hotmail.com RE/MAX of Long Beach Island License #0676682 Listed on: 10/26/2015

Co-Listed By

Joseph Mayo

(609) 494-7000 joemayo3@gmail.com RE/MAX of Long Beach Island

Last Buyer's Agent

Raymond Procaccini Jr.

(609) 494-3800 jfranzoni@comcast.net Oceanside Realty License #0454539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 50x70
  • Level Lot
  • The property's topography is level

Home Design

  • Shingle Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Whirlpool Bathtub

Parking

  • Attached Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Harvey Cedars Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 10-00045-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,443

Year Built

Built in 1959

Lot Details

10,542 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Refrigerator
  • Flooring Type: Fully Carpeted, Wood
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Whirlpool/Hottub
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 263.94
  • Above Grade Finished Sq Ft: 2080
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 195400.00
  • Land Assessed Value: 405500.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 50x70
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Topography: Level
  • Zoning: RES
  • Zoning Description: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2940882
  • Tax Annual Amount: 5443.00
  • Assessor Parcel Number: 10-00045-0000-00008
  • Tax Lot: 8
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jul 14, 2016
Sold by
Brian J Taylor Estate
Bought by
Mele Albert and Stenzel Mele Luciane
Seller's Agent
Joseph Mayo
RE/MAX of Long Beach Island
Buyer's Agent
Raymond Procaccini Jr.
Oceanside Realty
List Price
$595,000
Sold Price
$515,000
Premium/Discount to List
-$80,000
-13.45%
Current Estimated Value
$240,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274,384
Avg. Annual Appreciation
-7.67%
Original Mortgage
$386,250
Outstanding Balance
$307,946
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
-$69,659
Source: Public Records
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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
Mele Albert $515,000 Southern Shores Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mele Albert $386,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2016 07/14/16 Sold $515,000 -13.4% $248 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $595,000 -- $286 / Sq Ft
Source: Bright MLS

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
2025 $2,295 $212,500 $61,900 $150,600
2024 $5,907 $93,500 $12,000 $81,500
Source: Public Records

Agents Affiliated with this Home

  • Joseph Mayo

    Seller's Agent in 2016

    Joseph Mayo

    RE/MAX

    (609) 709-5309

    30 in this area

    62 Total Sales

    Joseph Mayo
    Section Image
  • Raymond Procaccini Jr.

    Buyer's Agent in 2016

    Raymond Procaccini Jr.

    Oceanside Realty

    (609) 618-2352

    24 in this area

    27 Total Sales

    Raymond Procaccini Jr.
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC191038

Bright MLS

APN: 10-00045-0000-00008

New Jersey Ocean County Harvey Cedars 08008 Long Beach Island

1 W 73rd St, Harvey Cedars, NJ

Not Listed for Sale

MultiFamily

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