NOT LISTED FOR SALE

109 Atlantic Ave Manasquan, NJ 08736

Estimated Value: $810,000 - $1,071,000

3 Beds
2 Baths
2,182 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $445,000 $204 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,574/month

Highlights

  • Wood Flooring
  • Attic
  • Patio
  • Manasquan Elementary School Rated A-
  • Air Conditioning

About This Home

As of May 2019

Great investment opportunity and/or opportunity for first time home buyers. Location provides easy access to beaches, shopping, schools, and highways. Entrance to the bike path is just around the block. Schools are nearby. Owners currently occupy both apartments. Needs some updating/TLC but has great earning potential. '67'x150' property (according to 2008 survey)! Could be converted to 1 family or build new - the possibilities are endless.

Last Agent to Sell the Property

Barbara DiLea

D'Amico & McConnell Realtors License #1435982 Listed on: 03/08/2019

Last Buyer's Agent

Barbara DiLea

D'Amico & McConnell Realtors License #1435982 Listed on: 03/08/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,262

Year Built

  • Built in 1919

Lot Details

  • 10,062

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Attic

Kitchen

  • Stove
  • Dishwasher

Parking

  • 4 Parking Spaces
  • No Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Manasquan Elementary And Middle School
  • Manasquan High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal possessions
  • Assessor Parcel Number 2900031000000005

Community Details

Overview

  • 2 Units

Recreation

  • Recreational Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,262

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic
  • Year Built: 1919
  • 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
  • Location Middle School: Manasquan
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal possessions
  • Exterior Features: Patio, Recreation Area

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Manasquan

Lot Info

  • Parcel #: 2900031000000005
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: See Remarks
  • Owner Pays: See Remarks

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7262.0
  • Tax Other Annual Assessment Amount: 494000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Manasquan
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 6, 2019
Sold by
Naughton Anthony and Naughton David
Bought by
Cooper William and Cooper Marie
Seller's Agent
Barbara DiLea
D'Amico & McConnell Realtors
Buyer's Agent
Barbara DiLea
D'Amico & McConnell Realtors
Sold Price
$445,000
Current Estimated Value
$914,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,412
Avg. Annual Appreciation
12.07%
Original Mortgage
$200,000
Outstanding Balance
$131,224
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$783,188

Purchase Details

Closed on
Aug 29, 2002
Sold by
Hackett David
Bought by
Naughton Anthony and Naughton David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.24%
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
Cooper William $445,000 Foundation Ttl Llc Toms Rive
Naughton Anthony $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper William $200,000
Closed Cooper Marie $200,000
Previous Owner Naughton Anthony $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $445,000 -- $204 / Sq Ft
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 $7,557 $425,000 $276,500 $148,500
2024 $7,272 $425,000 $276,500 $148,500
2023 $7,272 $425,000 $276,500 $148,500
2022 $7,000 $425,000 $276,500 $148,500
2021 $7,000 $425,000 $276,500 $148,500
2020 $6,902 $425,000 $276,500 $148,500
2019 $7,721 $494,000 $276,500 $217,500
2018 $7,548 $494,000 $276,500 $217,500
2017 $7,262 $494,000 $276,500 $217,500
2016 $7,069 $494,000 $276,500 $217,500
2015 $6,776 $396,500 $196,600 $199,900
2014 $6,768 $396,500 $196,600 $199,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21843311

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00031-0000-00005