NOT LISTED FOR SALE

111 N 1st St Surf City, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,624,494 - $2,537,000

3 Beds
2 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $1,050,000

Est. 104% increase in value since last sale

Current estimated payment $13,826/month

107 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Central Air
  • Wood Flooring
  • Covered Patio or Porch
  • Heating System Uses Natural Gas

About This Home

As of September 2020

Just off the beach block in Surf City, two building lots, 50 x100 (west)and 70 x 100 (east), with an expanded cape. Build your dream LBI home or two homes, fitting for extended family and multi-generational living. Or, enjoy a summer at the beach while selling one lot and plan for construction. This parcel a short walk to the beach, and walkable to recreation and dining. The Surf City Marina, boat launch and Zachariae Park, ball field and tennis courts three blocks down the street. And, maybe best of all, a key west like migration to the bayside of n 1st at sunset with neighbors, friends, dogs, and cocktails. Easy on and off the island.

Last Agent to Sell the Property

Michael Mayo

RE/MAX of Long Beach Island License #1007075 Listed on: 03/07/2020

Last Buyer's Agent

Michael Mayo

RE/MAX of Long Beach Island License #1007075 Listed on: 03/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1950

Lot Details

  • 6,011

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Covered Patio or Porch
  • Lot Dimensions are 120 x 100

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal items, furniture
  • Assessor Parcel Number 32-00005-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,596

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape
  • Reso Flooring: Linoleum/Vinyl, Tile, Wood
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 120 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Style Cape: Yes
  • Floors Tile: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal items, furniture
  • Exterior Features: Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 120 x 100
  • Parcel #: 32-00005-0000-00005

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8596.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
West End Kb Llc
Bought by
Kelly Matthew G and Kelly Tara Formica
Current Estimated Value
$2,144,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$457,928
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,686,237
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
Kelly Matthew G $841,313 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Matthew G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $1,050,000 -12.5% --
06/22/2020 06/22/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $1,200,000 -- --
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
2022 $10,969 $1,216,100 $446,000 $770,100
2021 -- $446,000 $446,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Mayo

    RE/MAX

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009298

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32 00005-0000-00005- 02

New Jersey Ocean County Surf City 08008 Long Beach Island

111 N 1st St, Surf City, NJ

This home is located at 111 N 1st St, Surf City, NJ 08008 since 07 March 2020 and is currently estimated at $2,144,165. This property was built in 1950. 111 N 1st St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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