$860,000
SOLD DEC 15, 2017

101 Trenton Ave Lavallette, NJ 08735

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

Recently Sold

12 Days on Market

Highlights

  • Water Views
  • Forced Air Zoned Heating and Cooling System
  • 4-minute walk to Boro Ball Field

About This Home

As of April 2021

Earn $110k income revenue yearly!!!! Don't Miss Out on this Fabulous Vacation or Investment Property!!! This beautifully renovated home is just 1 block from the beach in Lavallette!!! There are 3 Units, front house has a lower Unit with 3 bedrooms 2 baths. 2nd floor Unit has 3 bedrooms and 2 baths. Back house, has 3 bedrooms and 1 bath. All units have new appliances, new central A/C and furnace. Excellent year round rental history!!! Summer rentals alone grossed over 75K!!! Winter rentals add an extra 34K!!! Everything is new inside and out!!! Great views from the deck of the upper unit!!! Beautiful back yard, has new paver patio and benches to relax!!! Outdoor showers and 3 BBQ grills hooked up to natural gas line so they never run More... Excellent location, look one way and see the board walk, look the other way and see the bay!!! Close to great restaurants, shopping and entertainment. A fabulous place to build a life time of memories with family and friends!!! This house does not have to be raised,and has been fully updated.

Last Agent to Sell the Property

Danielle L Gatanis

Crossroads Realty Inc. -Pt. Pleasant Beach Listed on: 09/18/2017

Last Buyer's Agent

Maria Hayes

Diane Turton, Realtors-Point Pleasant Beach License #0341692

Diane Turton, Realtors-Point Pleasant Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50 x 100

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Water Views
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

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

$5,698

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • 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
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • 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 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Dishwasher2: Yes
  • Special Features: None

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

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00050-01-00006

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5698.0
  • Tax Other Annual Assessment Amount: 600400.0

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%
Current Estimated Value
$1,654,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$654,100
Avg. Annual Appreciation
12.06%
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
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 Type Sale Price Title Company
Deed $999,999 Abraxas Abstract Inc
Deed $860,000 First American Title
Deed $860,000 First American Title
Bargain Sale Deed $692,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $300,000 Commercial
Previous Owner $420,000 New Conventional
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
2025 $7,797 $824,200 $450,000 $374,200
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: 21736462

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00050-01-00006