NOT LISTED FOR SALE

Estimated Value: $894,000 - $1,555,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $987,000

Est. 37% increase in value since last sale

Current estimated payment $8,329/month

45 Days on Market

Highlights

  • Ocean View
  • Engineered Wood Flooring
  • Balcony
  • Oceanside
  • No HOA
  • Patio

About This Home

As of December 2021

Don't miss your opportunity to live and enjoy all that Ortley Beach has to offer or great rental income property. Ocean block 7 houses from the beach, 2 blocks to mini golf/arcade and ice cream. 1/2 mile to Seaside Boardwalk. Two units featuring 2 bedrooms, kitchen, living room, and dining room. Lower level walk out to spacious yard for entertaining! Second level deck with beach view. Newer AC, Furnace, Plumbing, Electric and Windows. Some furniture available for purchase.

Last Agent to Sell the Property

Karen Adelfio

VRI Homes Brokerage Phone: 800-531-2885 License #2078210 Listed on: 09/24/2021

Last Buyer's Agent

Patricia Johnson

Weichert Realtors-Sea Girt License #8531089

Weichert Realtors-Sea Girt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,911

Year Built

  • Built in 1965

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Split Level Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Light Fixtures
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Ocean Views

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Oceanside
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include trash

Listing and Financial Details

  • Exclusions: TV's Downstairs living room set, 1 bedroom set. pub table and chairs ,upstairs patio set,
  • Assessor Parcel Number 08-01031-0000-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,911

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 800-531-2885
  • ResoLotFeatures: Oceanside
  • Reso Association Fee Includes: Trash
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Split Level, 2 Story, Other - See Remarks
  • Reso Flooring: Ceramic Tile, Laminate, Wood
  • Reso Interior Features: Balcony, Sliding Door
  • Efficiency: Remote Thermostat
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1965
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Foyer Floor - Engineered5: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Balcony: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Parking Unpaved: Yes
  • Floors Laminate: Yes
  • Exterior BBQ: Yes
  • Dining Room Sliding Door3: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Style Split Level: Yes
  • Style 2 Story: Yes
  • Energy Features Remote Thermostat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: TV's Downstairs living room set, 1 bedroom set. pub table and chairs ,upstairs patio set,
  • Exterior Features: BBQ, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Trash: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 08-01031-0000-00022
  • Zoning Description: Residential, Neighborhood

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11911.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 10, 2021
Sold by
Gilmartin Daniel J and Gilmartin Danielle
Bought by
Newman Kenneth and Newman Dana
Seller's Agent
Karen Adelfio
VRI Homes
Buyer's Agent
Patricia Johnson
Weichert Realtors-Sea Girt
List Price
$989,000
Sold Price
$987,000
Premium/Discount to List
-$2,000
-0.2%
Current Estimated Value
$1,347,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,787
Avg. Annual Appreciation
8.59%
Original Mortgage
$587,500
Outstanding Balance
$502,226
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$845,561

Purchase Details

Closed on
Oct 4, 2017
Sold by
Gilmartin Annette
Bought by
Gilmartin Daniel J and Gilmartin Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2000
Sold by
Wood Edwin
Bought by
Gilmartin Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.5%

Purchase Details

Closed on
Jan 16, 1998
Sold by
Malatesta Thomas R and Malatesta Nancy E
Bought by
Wood Edwin E and Wood Louisa A
Source: Public Records

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
Newman Kenneth $987,500 R W Schrader Title Agcy Llc
Newman Kenneth $987,500 R W Schrader Title
Gilmartin Daniel J $700,000 --
Gilmartin Annette $339,000 --
Wood Edwin E $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Kenneth $587,500
Closed Newman Kenneth $587,500
Previous Owner Gilmartin Daniel J $500,000
Previous Owner Gilmartin Annette $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $987,000 -0.2% --
09/24/2021 09/24/21 For Sale $989,000 -- --
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
2025 $14,197 $779,600 $523,000 $256,600
2024 $13,495 $779,600 $523,000 $256,600
2023 $13,012 $779,600 $523,000 $256,600
2022 $13,012 $779,600 $523,000 $256,600
2021 $11,964 $477,600 $285,000 $192,600
2020 $11,911 $477,600 $285,000 $192,600
2019 $11,396 $477,600 $285,000 $192,600
2018 $11,243 $477,600 $285,000 $192,600
2017 $11,147 $477,600 $285,000 $192,600
2016 $6,787 $298,600 $285,000 $13,600
2015 $6,530 $298,600 $285,000 $13,600
2014 $6,217 $298,600 $285,000 $13,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22131669

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01031-0000-00022