NOT LISTED FOR SALE

101 Trenton Ave Lavallette, NJ 08735

Estimated Value: $1,036,000

9 Beds
5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $999,900

Est. 4% increase in value since last sale

Current estimated payment $6,430/month

170 Days on Market

Highlights

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • 4-minute walk to Boro Ball Field

About This Home

As of April 2021

Here is your opportunity to own a huge income producing three family home in Lavallette just one block from the ocean. Front building has 3 bedrooms, 2 baths on each level and rear two story building has another 3 bedrooms and one bath. All units have been recently updated and have central air. This well thought out property has space for all with multiple outdoor showers, good parking, and 3 separate gas lines for guests to BBQ. Total income for 2020 will be over 120k! Buy as investment or use one unit and rent the others!

Last Listed By

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216 Listed on: 09/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,878

Year Built

  • Built in 1955

Lot Details

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

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 16-00050-01-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,878

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 1401
  • Co List Office Phone: 732-793-7755
  • Subdivision Name: None
  • Year Built: 1955
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space, Slab
  • Basement: No
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00050-01-00006
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5878.0
  • Tax Other Annual Assessment Amount: 824200.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Mar 28, 2021
Sold by
Nardella Peter and Nardella Michaela
Bought by
1716 Kennedy Realty Llc
Seller's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Buyer's Agent
Carol Calamari
The Agency Rutherford
List Price
$1,095,000
Sold Price
$999,900
Premium/Discount to List
-$95,100
-8.68%
Total Days on Market
170
Current Estimated Value
$1,036,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,100
Avg. Annual Appreciation
0.86%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2017
Closed on
Dec 14, 2017
Sold by
101 Trenton Ave Lavallette Llc
Bought by
Nardella Michella and Nardella Peter
Seller's Agent
Danielle L Gatanis
Crossroads Realty Inc. -Pt. Pleasant Beach
Buyer's Agent
Maria Hayes
Diane Turton, Realtors-Point Pleasant Beach
Sold Price
$860,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Listed on
Sep 18, 2017
Closed on
Dec 9, 2017
Sold by
Holland Gregory
Bought by
101 Trenton Ave Lavallette Llc
Seller's Agent
Danielle L Gatanis
Crossroads Realty Inc. -Pt. Pleasant Beach
Buyer's Agent
Maria Hayes
Diane Turton, Realtors-Point Pleasant Beach
Sold Price
$860,000

Purchase Details

Closed on
Jan 14, 2005
Sold by
Carfora Gori J and Carfora Annmarie A
Bought by
Holland Gregory

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
1716 Kennedy Realty Llc $999,999 Abraxas Abstract Inc
Nardella Michella $860,000 First American Title
101 Trenton Ave Lavallette Llc $860,000 First American Title
Holland Gregory $692,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1716 Kennedy Realty Llc $700,000
Closed 1716 Kennedy Realty Llc $300,000
Previous Owner Holland Gregory $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $999,900 0.0% --
03/01/2021 03/01/21 Pending -- -- --
12/08/2020 12/08/20 Off Market $999,900 -- --
09/12/2020 09/12/20 For Sale $1,095,000 +27.3% --
12/15/2017 12/15/17 Sold $860,000 -- --
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
2024 $7,566 $824,200 $450,000 $374,200
2023 $7,039 $824,200 $450,000 $374,200
2022 $7,039 $824,200 $450,000 $374,200
2021 $6,807 $824,200 $450,000 $374,200
2020 $6,767 $824,200 $450,000 $374,200
2019 $5,878 $600,400 $400,000 $200,400
2018 $5,830 $600,400 $400,000 $200,400
2017 $5,890 $600,400 $400,000 $200,400
2016 $5,698 $600,400 $400,000 $200,400
2015 $5,578 $600,400 $400,000 $200,400
2014 $5,602 $600,400 $400,000 $200,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22032638

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00050-01-00006