NOT LISTED FOR SALE

1116 Gowdy Ave Point Pleasant Boro, NJ 08742

Estimated Value: $567,000 - $635,000

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $485,000

Est. 22% increase in value since last sale

Current estimated payment $3,776/month

104 Days on Market

Highlights

  • Garage Apartment
  • Screened Porch
  • Air Conditioning
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of February 2022

Two detached single-family dwellings on a 50x155 lot situated in a highly desirable east of the canal neighborhood suitable for year-round or summer living. Opportunity awaits to reside in one home while collecting revenue from the other. Front cottage includes 1 bedroom w/hardwood floors & 1 full bath plus a hallway nook for the washer & dryer. There is a screened-porch entrance to the living room which has a vaulted ceiling & hardwood floors. Eat-in kitchen leads to a tranquil backyard to grill or sit aside a fire. Partial basement provides storage (bilco doors). Rear home includes living room, kitchen, 2 bedrooms & 1 full bath with garage & storage underneath. Separate gas & electric meters. Nearby marinas, 1 mile to beaches and mile to downtown Pt Pleasant Beach shops & restaurants.

Last Agent to Sell the Property

Jamie Paradise

RE/MAX Bay Point Realtors License #0336173 Listed on: 11/15/2021

RE/MAX Bay Point Realtors

Last Buyer's Agent

Joseph Riordan

Corcoran Baer & McIntosh License #8031602

Corcoran Baer & McIntosh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1923

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 155
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Garage Apartment

Home Design

  • Shingle Roof

Interior Spaces

  • Screened Porch

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $3,125

Listing and Financial Details

  • Exclusions: Garage apt refrigerator, washer & dryer
  • Tenant pays for snow removal, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 25-00130-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,407

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1923
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 155
  • Location Middle School: Memorial
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Screened: Yes
  • Garage Apt Above Garage: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Income Expenses Gross Income2: 3125.0
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: Garage apt refrigerator, washer & dryer
  • Exterior Features: Porch - Screened

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 50 x 155
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-00130-0000-00007
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Snow Removal, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5407.0
  • Tax Other Annual Assessment Amount: 259200.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 3125.0

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 11, 2022
Sold by
Viggiano and Jaye
Bought by
Riordani Joseph Sean
Seller's Agent
Jamie Paradise
RE/MAX Bay Point Realtors
Buyer's Agent
Joseph Riordan
Corcoran Baer & McIntosh
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
104
Current Estimated Value
$590,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,139
Avg. Annual Appreciation
6.22%
Original Mortgage
$412,250
Outstanding Balance
$386,996
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$203,143

Purchase Details

Closed on
Sep 29, 2006
Sold by
Frazee Gloria and Frazee Gloria R
Bought by
Viggiano John and Viggiano Jaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Frazee Gloria and Frazee Gloria R
Bought by
Frazee Gloria and Frazee Gloria R
Source: Public Records

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Range of Values:

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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
Riordani Joseph Sean $485,000 Land Title
Viggiano John $350,000 Land Pro Title Services Inc
Frazee Gloria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riordani Joseph Sean $412,250
Previous Owner Viggiano John $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $485,000 -3.0% --
02/28/2022 02/28/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $499,900 0.0% --
01/13/2022 01/13/22 Pending -- -- --
11/15/2021 11/15/21 For Sale $499,900 -- --
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 $5,666 $259,200 $185,300 $73,900
2023 $5,549 $259,200 $185,300 $73,900
2022 $5,549 $259,200 $185,300 $73,900
2021 $5,464 $259,200 $185,300 $73,900
2020 $5,407 $259,200 $185,300 $73,900
2019 $5,334 $259,200 $185,300 $73,900
2018 $5,176 $259,200 $185,300 $73,900
2017 $5,062 $259,200 $185,300 $73,900
2016 $5,023 $259,200 $185,300 $73,900
2015 $4,964 $259,200 $185,300 $73,900
2014 $4,850 $259,200 $185,300 $73,900
Source: Public Records

Agents Affiliated with this Home

  • Jamie Paradise

    Seller's Agent in 2022

    Jamie Paradise

    RE/MAX

    (732) 899-3338

    56 in this area

    147 Total Sales

    Jamie Paradise
    Section Image

  • J

    Buyer's Agent in 2022

    Joseph Riordan

    Corcoran Baer & McIntosh

    (732) 996-1027

    3 in this area

    22 Total Sales

    Joseph Riordan
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22136826

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00130-0000-00007

New Jersey Ocean County Point Pleasant Boro 08742

1116 Gowdy Ave, Point Pleasant Boro, NJ

This home is located at 1116 Gowdy Ave, Point Pleasant Boro, NJ 08742 since 15 November 2021 and is currently estimated at $590,139. This property was built in 1923. 1116 Gowdy Ave is a home located in Ocean County with nearby schools including Point Pleasant High School and St. Peter 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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