NOT LISTED FOR SALE

Estimated Value: $2,906,000 - $3,945,000

-- Bed
4 Baths
2,608 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $2,720,000 $1,043 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $20,712/month

173 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Forced Air Heating and Cooling System
  • 0.56 Acre Lot

About This Home

As of May 2021

Oceanfront fabulous views of the ocean. Property extends from the boulevard to the beach with a private beach access. Basement area and both 1st and 2nd floor units above flood elevation. Flood insurance premium is $721 per year. This beautiful duplex has excellent rental history.

Last Agent to Sell the Property

David Martin

Jersea Realty, LLC - SB Listed on: 10/07/2020

Co-Listed By

Robert Keeler

Jersea Realty, LLC - SB License #0450777

Last Buyer's Agent

Holly Muia

The Van Dyk Group - Long Beach Island License #1536198

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,953

Year Built

  • Built in 1960

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 50.00 x 486.00
  • Ocean Front

Parking

  • Driveway

Home Design

  • 2,608 Sq Ft Home
  • Duplex
  • Frame Construction
  • Shingle Roof

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • North Beach Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 18-00018 113-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,953

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Oceanfront fabulous views of the ocean. Property extends from the boulevard to the beach with a private beach access. Basement area and both 1st and 2nd floor units above flood elevation. Flood insurance premium is $721 per year. This beautiful duplex has excellent rental history.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2608
  • Living Area Sq Ft: 2608
  • Price Per Sq Ft: 1121.55
  • Above Grade Finished Sq Ft: 2608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1113

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141800.00
  • Land Assessed Value: 1362500.00
  • Lot Size Acres: 0.56
  • Lot Dimensions: 50.00 x 486.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24300.00
  • Year Assessed: 2020
  • Zoning: R10E

Rental Info

  • Ground Rent Exists: No
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3026464
  • Tax Annual Amount: 14953.00
  • Assessor Parcel Number: 18-00018 113-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2608
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/17/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
May 11, 2021
Sold by
Martin Sandra Lynn and Martin David M
Bought by
Nisler Mark and Nisler Sheila M
Seller's Agent
David Martin
Jersea Realty, LLC - SB
Buyer's Agent
Holly Muia
The Van Dyk Group - Long Beach Island
List Price
$3,500,000
Sold Price
$2,720,000
Premium/Discount to List
-$780,000
-22.29%
Current Estimated Value
$3,479,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,366
Avg. Annual Appreciation
6.69%
Original Mortgage
$2,040,000
Outstanding Balance
$1,861,704
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,713,071

Purchase Details

Closed on
Apr 9, 1998
Sold by
Dimmerman Dawn
Bought by
Martin David H and Martin Sandra Lynn
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
Nisler Mark $2,720,000 None Available
Nisler Mark $2,720,000 None Listed On Document
Martin David H $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nisler Mark $2,040,000
Closed Nisler Mark $2,040,000
Previous Owner Martin Sandra Lynn $780,000
Previous Owner Martin David M $1,350,000
Previous Owner Martin David $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $2,720,000 -7.0% $1,043 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $2,925,000 -7.1% $1,122 / Sq Ft
02/06/2021 02/06/21 Price Changed $3,150,000 -2.9% $1,208 / Sq Ft
01/01/2021 01/01/21 Price Changed $3,245,000 -1.5% $1,244 / Sq Ft
11/06/2020 11/06/20 Price Changed $3,295,000 -5.9% $1,263 / Sq Ft
10/07/2020 10/07/20 For Sale $3,500,000 -- $1,342 / Sq Ft
Source: Bright MLS

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 $17,956 $2,024,400 $1,500,000 $524,400
2023 $16,843 $2,024,400 $1,500,000 $524,400
2022 $16,843 $2,024,400 $1,500,000 $524,400
2021 $16,238 $2,014,600 $1,500,000 $514,600
2020 $14,953 $1,504,300 $1,362,500 $141,800
2019 $15,088 $1,504,300 $1,362,500 $141,800
2018 $14,637 $1,504,300 $1,362,500 $141,800
2017 $14,712 $1,504,300 $1,362,500 $141,800
2016 $14,832 $1,504,300 $1,362,500 $141,800
2015 $14,817 $1,504,300 $1,362,500 $141,800
2014 $14,456 $1,504,300 $1,362,500 $141,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC403896

Bright MLS

APN: 18-00018-113-00001