NOT LISTED FOR SALE

Estimated Value: $1,692,721 - $2,253,000

5 Beds
4 Baths
2,168 Sq Ft
$891/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $995,000 $459 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $10,804/month

35 Days on Market

Highlights

  • Oceanside
  • 2 Car Direct Access Garage
  • Ceramic Tile Flooring
  • Deck
  • Patio
  • Forced Air Zoned Heating and Cooling System

About This Home

As of July 2020

Gorgeous oceanside duplex just a short walk to the beach. Upstairs is a full-time rental with revenues of approx $35k a year, downstairs is mostly owner-occupied with the occasional rental, could make over $35k if rented full time. Garage is partially finished. New HVAC and new roof.

Last Agent to Sell the Property

Lawrence Vecchio

VRI Homes Brokerage Phone: 800-531-2885 License #7871741 Listed on: 05/22/2020

Last Buyer's Agent

Edward Freeman Sr

RE/MAX at Barnegat Bay License #0562673

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,646

Year Built

  • Built in 1960

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40 x 90

Parking

  • 2 Car Direct Access Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Window Screens

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Thermostat
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18-00006-22-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,646

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 800-531-2885
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Laminate, Ceramic Tile
  • New Construction: No
  • Efficiency: Remote Thermostat
  • Year Built: 1960
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 40 x 90
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • ExteriorDeck: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features Remote Thermostat: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exterior Features: Deck, Patio, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Direct Access
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 90
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 18-00006-22-00014
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5646.0
  • Tax Other Annual Assessment Amount: 562900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Gallagher Shane Rian
Bought by
Family Tides Lbi Llc
Seller's Agent
Lawrence Vecchio
VRI Homes
Buyer's Agent
Edward Freeman Sr
RE/MAX at Barnegat Bay
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,930,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,930
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Affiliated Incentive Holdings Inc
Bought by
Gallagher Shane Rian

Purchase Details

Listed on
May 24, 2011
Closed on
Jun 6, 2012
Sold by
Voight John T and Voight Eileen W
Bought by
Affiliated Incentive Holdings Inc
Seller's Agent
James Dooney
RE/MAX of Long Beach Island*
Buyer's Agent
David Cowles
BHHS Zack Shore REALTORS
List Price
$739,000
Sold Price
$690,000
Premium/Discount to List
-$49,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
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
Family Tides Lbi Llc $995,000 American Abstract Agency Llc
Gallagher Shane Rian $630,000 Chicago Title Insurance Co
Affiliated Incentive Holdings Inc $690,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Sold $995,000 0.0% $459 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $995,000 +44.2% $459 / Sq Ft
06/07/2012 06/07/12 Sold $690,000 -6.6% $318 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
05/24/2011 05/24/11 For Sale $739,000 -- $341 / 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
2025 $8,369 $937,200 $540,000 $397,200
2024 $8,313 $937,200 $540,000 $397,200
2023 $7,798 $937,200 $540,000 $397,200
2022 $7,798 $937,200 $540,000 $397,200
2021 $7,554 $937,200 $540,000 $397,200
2020 $5,595 $562,900 $388,000 $174,900
2019 $5,646 $562,900 $388,000 $174,900
2018 $5,477 $562,900 $388,000 $174,900
2017 $5,505 $562,900 $388,000 $174,900
2016 $5,550 $562,900 $388,000 $174,900
2015 $5,545 $562,900 $388,000 $174,900
2014 $5,409 $562,900 $388,000 $174,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22016108

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00006-22-00014