NOT LISTED FOR SALE

111 7th Ave Unit UPSTAIRS Belmar, NJ 07719

Estimated Value: $1,079,000

1 Bed
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Highlights

  • Ocean View
  • Outdoor Shower
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of March 2021

SHORT TERM ONLY. Spacious one bedroom, one bath apartment located on the 2nd level of a 4-family home in north Belmar. Vaulted ceilings, in-unit laundry, and private covered deck with ocean views, just a few houses from the Beach. Short term rental available for $1675/month (March 1 through May 10) No pets.

Last Agent to Rent the Property

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 01/22/2021

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Renter's Agent

Linda Sharkus

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,458

Year Built

  • Built in 1920

Lot Details

  • 7,492

Parking

  • No Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ocean Views
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Shower
  • Upper Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 3/1/21
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 07-00070-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,458

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Furnished: Partial
  • Available Date: 2021-03-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Four Family
  • Attribution Contact: 732-859-3751
  • Reso View: Waterview
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1920
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2021-03-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • ExteriorOutdoorShower: Yes
  • Furnished Partial3: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exterior Features: Outdoor Shower

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 07-00070-0000-00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2023
Sold by
Gropper Martin R and Gropper Deborah
Bought by
Lasalandra Andrea and Lasalandra Vito
Current Estimated Value
$1,079,000

Purchase Details

Closed on
Dec 13, 2021
Sold by
Dena Marchese
Bought by
Gropper Martin R and Schron Deborah

Purchase Details

Closed on
May 8, 1998
Sold by
Backman Steven
Bought by
Marchese Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 11, 1997
Sold by
Bmb Land Management
Bought by
Backman Steven and Schroth Russell

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
7.85%
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
Lasalandra Andrea $1,500,000 Green Label Title
Lasalandra Andrea $1,500,000 Green Label Title
Gropper Martin R $1,326,000 Old Republic Title
Marchese Salvatore $235,000 --
Backman Steven $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schron Deborah R $800,000
Previous Owner Marchese Salvatore $598,751
Previous Owner Marchese Salvatore $597,272
Previous Owner Marchese Salvatore $553,000
Previous Owner Marchese Salvatore $212,000
Previous Owner Backman Steven $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Rented $3,905 +133.1% --
01/27/2021 01/27/21 Under Contract -- -- --
01/22/2021 01/22/21 For Rent $1,675 -- --
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 $9,458 $650,000 $650,000 --
2024 $12,633 $650,000 $650,000 $0
2023 $12,633 $898,500 $650,000 $248,500
2022 $11,707 $898,500 $650,000 $248,500
2021 $11,707 $898,500 $650,000 $248,500
2020 $12,085 $898,500 $650,000 $248,500
2019 $12,085 $898,500 $650,000 $248,500
2018 $11,096 $898,500 $650,000 $248,500
2017 $10,827 $898,500 $650,000 $248,500
2016 $7,929 $414,900 $250,000 $164,900
2015 $7,962 $414,900 $250,000 $164,900
2014 $7,835 $404,900 $240,000 $164,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22101996

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00070-0000-00007