NOT LISTED FOR SALE

Estimated Value: $1,259,000 - $2,597,000

11 Beds
6 Baths
4,155 Sq Ft
$506/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

Last sale price $1,638,000 $394 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,512 / mo

13 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 2-minute walk to Belmar Beach Playground
  • Oceanside
  • Multiple cooling system units

About This Home

As of July 2021

Location, Location, Location! Rare 4-family investment property just houses to the beach offering amazing ocean views. This property boasts the ideal layout with a large 2-unit front house and 2-unit detached back house on a sought after 50 x 150 property. Centrally located to downtown, restaurants, shopping, train station and Marina. Enjoy cool ocean breezes from the rocking chair front porch and awesome ocean views from the second-floor deck. Live in one and rent the others or use strictly for investment to make this an attractive opportunity. Also, a nice opportunity to combine the 2 units in front to make a large family house, beach house or primary residence. Many options that you have to see for yourself! Floor plans, virtual tours, and additional details including rental history are readily available. Easy access to all of the towns hot spots and quick ride to Asbury Park and other amazing areas. Call today and enjoy your best summer yet!

Last Agent to Sell the Property

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 05/22/2021

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Randolph Adams

EXP Realty License #2077947

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,926

Year Built

  • Built in 1903

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • Paved Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,155 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Oceanside

Schools

  • Belmar Elementary And Middle School

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00100-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,926

Year Built

Built in 1903

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Attribution Contact: 732-859-3751
  • ResoLotFeatures: Ocean Block
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1903
  • Contract Info List PriceSqFt: 403.25
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Cooling Multi Units: Yes
  • Lot Description Ocean Block: Yes
  • Unit 1 Gas Meter3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 11
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, See Remarks, Other
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00100-0000-00015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11926.0
  • Tax Other Annual Assessment Amount: 886700.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Belmar

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 28, 2021
Sold by
Bought by
Seller's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Randolph Adams
EXP Realty
List Price
$1,675,500
Sold Price
$1,638,000
Premium/Discount to List
-$37,500
-2.24%
Current Estimated Value
$2,101,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,542
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,219,125
Interest Rate
0.024%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,638,000 Group 21 Title Agency Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,219,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $1,638,000 -2.2% $394 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $1,675,500 0.0% $403 / Sq Ft
05/31/2018 05/31/18 Rented $24,200 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,312 $1,039,000 $550,000 $489,000
2025 $16,312 $1,039,000 $550,000 $489,000
2024 $14,608 $1,039,000 $550,000 $489,000
2023 $14,608 $1,039,000 $550,000 $489,000
2022 $9,029 $1,026,900 $550,000 $476,900
2021 $9,029 $886,700 $550,000 $336,700
2020 $11,926 $886,700 $550,000 $336,700
2019 $11,926 $886,700 $550,000 $336,700
2018 $10,951 $886,700 $550,000 $336,700
2017 $10,685 $886,700 $550,000 $336,700
2016 $14,067 $736,100 $260,000 $476,100
2015 $13,742 $716,100 $240,000 $476,100
2014 $13,470 $696,100 $220,000 $476,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22115827

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00100-0000-00015

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