NOT LISTED FOR SALE

111 22nd Ave Seaside Park, NJ 08752

Estimated Value: $1,209,000 - $1,427,000

6 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold December 28, 2017

Last sale price $610,000

Est. 119% increase in value since last sale

Current estimated payment $8,436/month

21 Days on Market

About This Home

As of December 2017

South Seaside Park- This wonderful property consists of 3,2br/ 1 bath units, each with 2 levels. It sits on a large 50 x 100 lot with tons of off-street parking, with each unit having it's own electric meter and 2 convenient entrances. One of the last true 3 family properties in town, as multi-family homes can not be built anymore. Many options for income...rent 2 and keep one for yourself, or would be a great year round rental investment property, with monthly income of $3700-3800 per month. Great opportunity for the extended family to purchase their compound. Just a short block to the beach, steps to the great restaurants, and only 2 blocks to Island Beach State Park. Brand new hardwood floors. Some summer rentals in place.

Last Agent to Sell the Property

Mark Schilling

Beach Realty License #0014960 Listed on: 10/09/2017

Last Buyer's Agent

Mark Schilling

Beach Realty License #0014960 Listed on: 10/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 50 x 100

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Central Reg Middle School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 06-01712-0000-02234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,000

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1969
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Central Reg Middle
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • 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: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 06-01712-0000-02234

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 12000.0
  • Tax Other Annual Assessment Amount: 580000.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 22, 2017
Sold by
Bosco Rosalie and Bosco Francine
Bought by
Devasia Holdings Ssp Llc
Seller's Agent
Mark Schilling
Beach Realty
Buyer's Agent
Mark Schilling
Beach Realty
Sold Price
$610,000
Current Estimated Value
$1,336,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,031
Avg. Annual Appreciation
10.96%
Original Mortgage
$457,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1999
Sold by
Yusko Michael and Yusko Barbara
Bought by
Bosco Rosalie and Bosco Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Devasia Holdings Ssp Llc $610,000 --
Bosco Rosalie $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devasia Dean $140,000
Open Devasia Holdings Ssp Llc $437,000
Closed Devasia Holdings Ssp Llc $437,000
Closed Devasia Holdings Ssp Llc $457,500
Closed Devasia Holdings Ssp Llc $457,500
Previous Owner Raf Realty Partnership $100,000
Previous Owner Bosco Rosalie $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $610,000 -- --
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 $13,456 $580,000 $325,000 $255,000
2023 $13,207 $580,000 $325,000 $255,000
2022 $13,207 $580,000 $325,000 $255,000
2021 $12,928 $580,000 $325,000 $255,000
2020 $12,928 $580,000 $325,000 $255,000
2019 $12,569 $580,000 $325,000 $255,000
2018 $12,528 $580,000 $325,000 $255,000
2017 $12,064 $580,000 $325,000 $255,000
2016 $12,000 $580,000 $325,000 $255,000
2015 $11,670 $580,000 $325,000 $255,000
2014 $11,339 $580,000 $325,000 $255,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21721770

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 06-01712-0000-02234