NOT LISTED FOR SALE

111 Ocean Park Ave Bradley Beach, NJ 07720

Estimated Value: $1,671,046

6 Beds
4.5 Baths
3,259 Sq Ft
$513/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $750,000 $230 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,706/month

72 Days on Market

Highlights

  • Water Views
  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Ceramic Tile Flooring

About This Home

As of October 2012

Three story 3BR 1.5BA front house with two attached 1BR 1BA units at back of main house and 1BR 1BA stand alone unit. Home is half block from ocean on an oversized lot. Tenants on month to month leases. Great location, potential cash cow to investor or live in main house and collect rents.

Last Agent to Sell the Property

Lawrence Costa

RE/MAX at Barnegat Bay Listed on: 06/18/2012

Last Buyer's Agent

John Naples

Patrick Parker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 1919

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100

Home Design

  • Triplex
  • Flat Roof Shape
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 3,259 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Window Screens
  • Water Views
  • Partial Basement
  • Walkup Attic
  • Stove

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 0800026000000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,322

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Laminate, Ceramic Tile
  • Reso Interior Features: Attic - Walk Up, Cable TV
  • New Construction: No
  • Year Built: 1919
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 75X100
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Siding Stucco - Cement: Yes
  • General Property Info # Parking Spaces: 9.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Water Heater2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Unit 3 Water Heater3: Yes
  • Roof Tar Roll: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 3
  • Basement:Partial: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Tar Roll, Flat
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Screens
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • Total Parking Spaces: 9.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 75X100
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 0800026000000005
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 10322.0
  • Tax Other Annual Assessment Amount: 406700.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2016
Sold by
Jrn Home Builders
Bought by
Lebovits Daniel and Feldman Karin
Current Estimated Value
$1,671,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.57%

Purchase Details

Listed on
Jun 18, 2012
Closed on
Oct 17, 2012
Sold by
Costa Richard A
Bought by
Jrn Homes Builders Llc
Seller's Agent
Lawrence Costa
RE/MAX at Barnegat Bay
Buyer's Agent
John Naples
Patrick Parker Realty
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$250,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2007
Sold by
Costa Frances M
Bought by
Costa Frances M and Costa Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
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
Lebovits Daniel -- --
Jrn Homes Builders Llc $750,000 Stewart Title Guaranty Compa
Costa Frances M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Jay $500,000
Closed Lebovits Daniel $650,000
Closed Lebovits Daniel --
Previous Owner Jrn Home Builders Llc $80,000
Previous Owner Jrn Homes Builders Llc $250,000
Previous Owner Costa Frances M $110,000
Previous Owner Costa Frances M $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2012 10/17/12 Sold $750,000 -- $230 / 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 -- -- -- --
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $7,290 $0 $0 $0
2020 $0 $0 $0 $0
2019 $7,290 $0 $0 $0
2018 $0 $0 $0 $0
2017 $12,184 $0 $0 $0
2016 $12,184 $0 $0 $0
2015 $12,184 $872,800 $495,000 $377,800
2014 $11,257 $813,400 $475,000 $338,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lawrence Costa

    RE/MAX

  • J

    Buyer's Agent in 2012

    John Naples

    Patrick Parker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21222291

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00026-0000-00005

New Jersey Monmouth County Bradley Beach 07720

111 Ocean Park Ave, Bradley Beach, NJ

This home is located at 111 Ocean Park Ave, Bradley Beach, NJ 07720 since 18 June 2012 and is currently estimated at $1,671,046, approximately $512 per square foot. This property was built in 1919. 111 Ocean Park Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School, Hope Academy Charter School, and St. Rose Grammar 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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