NOT LISTED FOR SALE

Estimated Value: $1,783,000 - $3,067,000

Studio
2 Baths
1,344 Sq Ft
$1,803/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2020

Last sale price $775,000 $577 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $14,159 / mo

57 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Multiple cooling system units
  • Forced Air Heating System
  • No HOA

About This Home

As of October 2020

Ocean Block 2 bedroom, 1 bath Duplex just a short walk to the beach. Has enclosed porch on the first floor and front deck on the 2nd floor. Also roof top deck. Being sold furnished per Inventory. Being sold as is. Great location near Acme, Skipper Dipper Ice Cream, restaurants, etc. has excellent rental history. Property is vacant and easy to show.

Last Agent to Sell the Property

Sharon Counsellor

(609) 361-8000 sharonlbirealestate@yahoo.com Long Beach Island Real Estate Listed on: 07/13/2020

Last Buyer's Agent

Sharon Counsellor

(609) 361-8000 sharonlbirealestate@yahoo.com Long Beach Island Real Estate Listed on: 07/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1960

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 40x75
  • Building is oceanfront but unit may not have water views
  • Property is in good condition

Home Design

  • 1,344 Sq Ft Home
  • Duplex
  • Flat Roof Shape
  • Frame Construction
  • Built-Up Roof

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 18-00013 18-00002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Brighton Beach Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1960

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Fireplace: No
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 613.84
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Roof: Built-Up, Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 65400.00
  • Land Assessed Value: 560000.00
  • Lot Size Acres: 0.07
  • Lot Dimensions: 40x75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Property Condition: Good
  • Zoning: R50

Rental Info

  • Units Furnished: All
  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 3024189
  • Tax Annual Amount: 6085.00
  • Assessor Parcel Number: 18-00013 18-00002
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 9, 2020
Sold by
Hofmann Helen A and Estate Of Joseph C Hofmann Iii
Bought by
101 E Connecticut Llc
Seller's Agent
Sharon Counsellor
Long Beach Island Real Estate
Buyer's Agent
Sharon Counsellor
Long Beach Island Real Estate
List Price
$900,000
Sold Price
$775,000
Premium/Discount to List
-$125,000
-13.89%
Current Estimated Value
$2,423,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,648,188
Avg. Annual Appreciation
23.03%
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
101 E Connecticut Llc $775,000 Southern Shore Ttl Agcy Llc
101 E Connecticut Llc $775,000 Old Republic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $775,000 -6.1% $577 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $825,000 -8.3% $614 / Sq Ft
07/13/2020 07/13/20 For Sale $900,000 -- $670 / 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 $15,591 $1,707,700 $684,000 $1,023,700
2024 $15,147 $1,707,700 $684,000 $1,023,700
2023 $5,691 $684,000 $684,000 $0
2022 $5,691 $684,000 $684,000 $0
2021 $6,118 $761,200 $684,000 $77,200
2020 $6,216 $625,400 $560,000 $65,400
2019 $6,273 $625,400 $560,000 $65,400
2018 $6,085 $625,400 $560,000 $65,400
2017 $6,116 $625,400 $560,000 $65,400
2016 $6,166 $625,400 $560,000 $65,400
2015 $6,160 $625,400 $560,000 $65,400
2014 $6,010 $625,400 $560,000 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400244

Bright MLS

APN: 18-00013-18-00002

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