Seller's Agent in 2021
Jesse Decker
EXP Realty
(732) 996-7620
3 in this area
47 Total Sales
112 8th Ave Belmar, NJ 07719
Estimated Value: $1,618,439 - $2,130,000
7
Beds
3
Baths
1,939
Sq Ft
$932/Sq Ft
Est. Value
Highlights
- Water Views
- 1 Car Garage
- 4-minute walk to Jane Magovern's Playground
- Forced Air Heating System
About This Home
As of April 2021BEACH BLOCK MULTI-FAMILY OPPORTUNITY! Located in the desirable northern end of Belmar, this 3-family home has plenty to offer. The front house features two units with many updates not limited to but including: HVAC, flooring, bathrooms, and kitchen. Both units have their own private covered front porch with ocean views. The rear cottage was completely rebuilt from the ground up and features an open floor plan with 9' ceilings. This is an ideal property for an investor or a family looking to own a beach home with the ability rent the remaining units out on an annual or seasonal basis. Enjoy everything Belmar has to offer from its beautiful beachfront to thriving Main Street and restaurants. This lovely property won't last. Schedule your showing today!
Last Buyer's Agent
Heritage House Sotheby's International Realty License #1541547
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,603
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
Parking
- 1 Car Garage
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Water Views
- Basement
- Crawl Space
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Belmar Middle School
- Manasquan High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Exclusions: Personal belongings
- Assessor Parcel Number 07-00070-0000-00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2021
Closed on
Apr 14, 2021
Sold by
Scienski George S and Scienski Geronima M
Bought by
Pasupuleti Rao S and Pasupuleti Sasikala
Seller's Agent
Jesse Decker
EXP Realty
Buyer's Agent
Christopher Pizzola
Heritage House Sotheby's International Realty
List Price
$1,390,000
Sold Price
$1,370,000
Premium/Discount to List
-$20,000
-1.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,360
Avg. Annual Appreciation
6.35%
Purchase Details
Closed on
Dec 2, 2011
Sold by
Garofalo Angelica
Bought by
Scienski George S and Scienski Geronima M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2010
Sold by
Garofalo Anthony C and Garofalo Michael David
Bought by
Garofalo Angelica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pasupuleti Rao S | $1,370,000 | Two Rivers Title Co Llc | |
| Pasupuleti Rao S | $1,370,000 | Chicago Title | |
| Scienski George S | $803,500 | River Edge Title Agency Llc | |
| Garofalo Angelica | $625,000 | New Jersey Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Scienski George S | $525,000 | |
| Previous Owner | Garofalo Angelica | $332,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $1,370,000 | -3.5% | $707 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 02/19/2021 02/19/21 | Price Changed | $1,420,000 | +2.2% | $732 / Sq Ft |
| 01/14/2021 01/14/21 | For Sale | $1,390,000 | -- | $717 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,513 | $928,700 | $650,000 | $278,700 |
| 2024 | $13,058 | $928,700 | $650,000 | $278,700 |
| 2023 | $13,058 | $928,700 | $650,000 | $278,700 |
| 2022 | $11,707 | $928,700 | $650,000 | $278,700 |
| 2021 | $11,707 | $862,700 | $650,000 | $212,700 |
| 2020 | $11,603 | $862,700 | $650,000 | $212,700 |
| 2019 | $11,603 | $862,700 | $650,000 | $212,700 |
| 2018 | $10,654 | $862,700 | $650,000 | $212,700 |
| 2017 | $10,396 | $862,700 | $650,000 | $212,700 |
| 2016 | $8,821 | $461,600 | $250,000 | $211,600 |
| 2015 | $8,858 | $461,600 | $250,000 | $211,600 |
| 2014 | $8,738 | $410,100 | $240,000 | $170,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jesse Decker
-
Christopher Pizzola
Buyer's Agent in 2021
Christopher Pizzola
Heritage House Sotheby's International Realty
(732) 575-6523
1 in this area
45 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22100985
APN: 07-00070-0000-00012
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