NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $3,368,000

4 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold October 28, 2019

Last sale price $630,000

Est. 230% increase in value since last sale

Current estimated payment $12,299/month

164 Days on Market

Highlights

  • Ocean View
  • Screened Porch
  • Heating System Uses Natural Gas
  • Oceanside
  • Multiple cooling system units

About This Home

As of October 2019

Ship Bottom, two family, ocean block home located only seven homes from the beach. This duplex offers two 2 bedroom, 1 bath apartments. The lower level offers 1,075 square feet of living space including a spacious sun porch. The upper level offers 500 square feet of living space picking up ocean views. This home is one of the best priced ocean block homes on all of LBI. Great opportunity to own a Shore house or build your dream home. This home is walking distance to the beach, restaurants, shopping and all the fun Ship Bottom has to offer. Easy access on and off The Island.

Last Agent to Sell the Property

Walter Dombrowski

Beach House Realty Listed on: 04/16/2019

Co-Listed By

Dayna Restaino

Beach House Realty

Last Buyer's Agent

David Seegers

RE/MAX at Barnegat Bay License #1436135

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,027

Year Built

  • Built in 1938

Lot Details

  • 3,920

Parking

  • No Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Ocean Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Oceanside
  • Lot Dimensions are 40 x 100

Listing and Financial Details

  • Assessor Parcel Number 29-00116-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,027

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Oceanside
  • Co List Office Mls Id: 3714
  • Co List Office Phone: 609-494-2800
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • Reso Interior Features: Attic - Pull Down Strs
  • New Construction: No
  • Year Built: 1938
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Southern Reg
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Exterior Porch - Screened: Yes
  • Cooling Multi Units: Yes
  • Exterior Ocean View: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exterior Features: Porch - Screened, Ocean View
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 29-00116-0000-00011
  • Zoning Description: Residential, Multi-Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7027.0
  • Tax Other Annual Assessment Amount: 662900.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Oct 17, 2019
Sold by
Candio Margaret M and Estate Of Irene Marie Mennitt
Bought by
Horbal Michael and Horbal Lauren
Seller's Agent
Walter Dombrowski
Beach House Realty
Buyer's Agent
David Seegers
RE/MAX at Barnegat Bay
Sold Price
$630,000
Current Estimated Value
$2,080,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,450,422
Avg. Annual Appreciation
22.36%
Original Mortgage
$504,000
Outstanding Balance
$457,832
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,622,590
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 Buyer Sale Price Title Company
Horbal Michael $630,000 Allstate Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horbal Michael $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $630,000 -- --
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 $15,232 $1,264,100 $483,000 $781,100
2024 $14,525 $1,264,100 $483,000 $781,100
2023 $13,387 $1,264,100 $483,000 $781,100
2022 $13,387 $1,264,100 $483,000 $781,100
2021 $5,091 $483,000 $483,000 $0
2020 $7,007 $662,900 $483,000 $179,900
2019 $7,013 $662,900 $483,000 $179,900
2018 $7,027 $662,900 $483,000 $179,900
2017 $6,569 $662,900 $483,000 $179,900
2016 $5,894 $532,400 $395,600 $136,800
2015 $5,750 $532,400 $395,600 $136,800
2014 $5,745 $532,400 $395,600 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21915620

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00116-0000-00011