NOT LISTED FOR SALE

1004 Motor Rd Pine Beach, NJ 08741

Estimated Value: $770,000 - $892,000

5 Beds
3 Baths
3,005 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $445,000 $148 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,223/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • Attic
  • Corner Lot
  • Wood Flooring
  • 2 Fireplaces
  • Double-Wide Driveway

About This Home

As of January 2021

Here's your opportunity to own a home at the Jersey Shore. This is a two family home in Pine Beach on a landscaped 100' x 150' lot with a heated in ground pool. First home has 3 bedrooms and 2 baths, Large Eat in Kitchen, Laundry Room off Kitchen and Large Living Room with gas fireplace. Hardwood floors through-out most. Access to basement from hallway and its own garage. Second home has 2 bedrooms and 1 bath, Large Eat In Kitchen, Dining Room and Large Living Room with gas fireplace. HWF thru-out most of home. Access to basement with washer and dryer thru bilco doors right outside Living Room. Live in one side and rent the other OR have your family living in whole home. Great for home office too. Many possibilities. Don't miss out on this one!!! Solor panels on 3 bedroom side of home.

Last Agent to Sell the Property

Kimberly Kelly

Exit Realty Jackson NJ License #8836546 Listed on: 10/26/2020

Exit Realty Jackson NJ

Last Buyer's Agent

Natasha Wardell

EXIT Realty Jersey Shore License #1752541

EXIT Realty Jersey Shore

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,030

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100 x 150
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Double-Wide Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Siding
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 3,005 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • 2 Fireplaces
  • Partial Basement
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Roll-in Shower
  • Handicap Shower

Pool

  • Heated In Ground Pool
  • Vinyl Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Pine Beach Elementary School
  • Intermed South Middle School
  • TOMS River South High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 23-00071-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,030

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot, Fenced Area
  • ResoPoolFeatures: Vinyl, Heated, In Ground, Pool Equipment
  • Subdivision Name: None
  • Reso Accessibility Features: Stall Shower
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • Reso Interior Features: Attic, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 100 X 150
  • Location Middle School: Intermed South
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Storm Door(s): Yes
  • Pool Pool Equipment: Yes
  • Pool Vinyl2: Yes
  • Special Needs Stall Shower: Yes
  • Siding Cedar: Yes
  • General Property Info # Parking Spaces: 2.0
  • Exterior Shed3: Yes
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.35
  • Waterfront: No
  • Exclusions: Personal property
  • Construction Type: Cedar
  • Exterior Features: Patio, Sprinkler Under, Storm Door(s), Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Off Street, On Street, Double Wide
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

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

Schools

  • Middle Or Junior School: Intermed South

Lot Info

  • Lot Dimensions: 100 X 150
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-00071-0000-00001
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8030.0
  • Tax Other Annual Assessment Amount: 323000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Pine Beach
  • High School: Toms River South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 7, 2021
Sold by
Serafin Elaine C
Bought by
Wardell Matthew and Wardell Natasha
Seller's Agent
Kimberly Kelly
Exit Realty Jackson NJ
Buyer's Agent
Natasha Wardell
EXIT Realty Jersey Shore
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%
Current Estimated Value
$811,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,106
Avg. Annual Appreciation
13.53%
Original Mortgage
$436,939
Outstanding Balance
$389,212
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$421,895

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 14, 2020
Sold by
Seralin Elaine C
Bought by
Wardell Matthew and Wardell Natasha
Seller's Agent
Kimberly Kelly
Exit Realty Jackson NJ
Buyer's Agent
Natasha Wardell
EXIT Realty Jersey Shore
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Outstanding Balance
$389,212
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$421,895

Purchase Details

Listed on
Jul 13, 2013
Closed on
Oct 22, 2013
Sold by
Murphy Gerald and Murphy Donna
Bought by
Serafin Elalne C
Seller's Agent
Joanne Platz
Coldwell Banker Riviera Realty
Buyer's Agent
Angela Holder-Grassano
The Mary Holder Agency
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$279,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2005
Sold by
Tilton John and Tilton Suzanne
Bought by
Murphy Gerald and Murphy Donna
Source: Public Records

Range of Values:

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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
Wardell Matthew $445,000 All Ahead Title
Wardell Matthew $445,000 All Ahead Title Agency
Serafin Elalne C $379,000 None Available
Murphy Gerald $475,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wardell Matthew $436,939
Previous Owner Wardell Matthew $436,939
Previous Owner Serafin Elalne C $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $445,000 +3.5% $148 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $429,900 +13.4% $143 / Sq Ft
10/29/2013 10/29/13 Sold $379,000 -- $126 / 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 $11,070 $592,000 $153,500 $438,500
2024 $10,384 $592,000 $153,500 $438,500
2023 $8,678 $592,000 $153,500 $438,500
2022 $8,678 $332,100 $104,000 $228,100
2021 $8,508 $332,100 $104,000 $228,100
2020 $8,303 $332,100 $104,000 $228,100
2019 $8,030 $332,100 $104,000 $228,100
2018 $7,857 $332,100 $104,000 $228,100
2017 $7,608 $332,100 $104,000 $228,100
2016 $7,406 $332,100 $104,000 $228,100
2015 $7,190 $332,100 $104,000 $228,100
2014 $6,904 $332,100 $104,000 $228,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034863

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00071-0000-00001