NOT LISTED FOR SALE

104 Pennsylvania Ave Lavallette, NJ 08735

Estimated Value: $1,147,507 - $1,325,000

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

Last Sold March 21, 2019

Last sale price $650,000

Est. 90% increase in value since last sale

Current estimated payment $7,035/month

5 Days on Market

Highlights

  • Multiple cooling system units
  • Recessed Lighting
  • Ceramic Tile Flooring
  • Patio
  • Tankless Water Heater
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Two houses on 1 lots in Lavallette Borough. Spend the summers at the the beach and the bay just over a block away..this is truly one of those homes where memories are made. Competitively priced with great rental history, it's a unique opportunity for an owner occupant, investor or both! Well cared for and updated. Both houses were gutted and completely renovated in 2013. The front house has 4 bedrooms, 1 bath, a three season room and a basement. The back house has 1 bedroom, 1 bath and a three season room. The outdoor entertaining areas are spacious and there is plenty of parking! Upgrades include but are not limited to stucco exterior, new roofs, new tankless hot water heater, new electrical panels including some rewiring, new kitchens, flooring and updated... bathrooms. In the summer of 2016, the back house was redecorated and furnished with new quality furniture. All of the doors on the home are storm doors so you can truly enjoy that cool summer breeze and salt air. Call today to invest in your financial future and summer fun!

Last Agent to Sell the Property

Marissa DiMare

Keller Williams Shore Properties Listed on: 01/20/2019

Last Buyer's Agent

Matthew Schlosser

Schlosser Real Estate, Inc. License #0017216

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,587

Year Built

  • 1955

Lot Details

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

Home Design

  • Flat Roof Shape
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • Recessed Lighting
  • Ceramic Tile Flooring
  • Storm Doors
  • Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Items
  • Assessor Parcel Number 16-00044-01-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,587

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Ceramic Tile
  • Reso Interior Features: Recessed Lighting
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: VirtualTour
  • Year Built (Public Record): 1955

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • BasementOther: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle, Flat
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal Items
  • Construction Type: Stucco
  • Exterior Features: Patio, Storm Door(s)
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None, Unpaved
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00044-01-00009
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4587.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2019
Closed on
Mar 14, 2019
Sold by
Rodriguez Laura and Palmisano Sharon
Bought by
Andre Michele
Seller's Agent
Marissa DiMare
Keller Williams Shore Properties
Buyer's Agent
Matthew Schlosser
Schlosser Real Estate, Inc.
Sold Price
$650,000
Total Days on Market
5
Current Estimated Value
$1,236,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,127
Avg. Annual Appreciation
10.92%
Original Mortgage
$487,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2011
Sold by
Stewart Laura L
Bought by
Stewart Laura L and Palmisano Sharon A

Purchase Details

Closed on
Apr 13, 2004
Sold by
Bischoff R Barry and Bischoff Janet L
Bought by
Bischoff Kim W
Source: Public Records

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Range of Values:

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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
Andre Michele $650,000 Foundation Title Llc
Stewart Laura L -- None Available
Bischoff Kim W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andre Michele $490,000
Closed Andre Michele $487,500
Previous Owner Stewart Laura L $320,000
Previous Owner Bischoff Keith R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $650,000 -- --
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 $5,702 $621,100 $450,000 $171,100
2023 $5,304 $621,100 $450,000 $171,100
2022 $5,304 $621,100 $450,000 $171,100
2021 $5,130 $621,100 $450,000 $171,100
2020 $5,099 $621,100 $450,000 $171,100
2019 $4,578 $467,600 $400,000 $67,600
2018 $4,540 $467,600 $400,000 $67,600
2017 $4,587 $467,600 $400,000 $67,600
2016 $4,438 $467,600 $400,000 $67,600
2015 $4,344 $467,600 $400,000 $67,600
2014 $4,363 $467,600 $400,000 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21902662

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00044-01-00009