NOT LISTED FOR SALE

112 Fremont Ave Seaside Heights, NJ 08751

Estimated Value: $778,094 - $881,000

1 Bed
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 04, 2021

Last sale price $510,000

Est. 61% increase in value since last sale

Current estimated payment $5,110/month

65 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • 1-Story Property
  • Multiple cooling system units
  • 2 Car Garage

About This Home

As of May 2021

CALLING ALL INVESTORS OR ANYONE LOOKING FOR A MULTI FAMILY HOME RIGHT BY THE BEACH!!! THIS FOUR FAMILY HOME HAS BEEN RECENTLY RENOVATED, IS FULLY RENTED, AND IS 1.5 BLOCKS FROM THE SEASIDE BOARDWALK!!! UNITS 1 AND 2 ARE 1 BEDROOM 1 BATHROOM. UNIT 3 IS A 2 BEDROOM 1 BATH AND UNIT 4 IS A 2 LEVEL 1 BEDROOM 1.5 BATHROOM!! PLUS A HUGE 2 CAR GARAGE!!!

Last Agent to Sell the Property

Edward DeBiase

Weichert Realtors-Toms River Brokerage Phone: 732-240-0500 Listed on: 12/21/2020

Last Buyer's Agent

Debby Richard

Keller Williams Preferred Properties,Bayville License #1967939

Keller Williams Preferred Properties,Bayville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,141

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40 x 100

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-00044-0000-00011

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $25
  • Fuel Expense $50
  • Gross Income $57,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,141

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Attribution Contact: 732-240-0500
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Floors Laminate2: Yes
  • Cooling Single Zone Heat: Yes
  • Income Expenses Electric Expense: 25.0
  • Income Expenses Gross Income2: 57528.0
  • Income Expenses Gas Expense: 50.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.09
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00044-0000-00011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8141.0
  • Tax Other Annual Assessment Amount: 335300.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 25.0
  • Annual Gross Income: 57528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Apr 24, 2021
Sold by
Kelly John Gerard and John Gerard Kelly Trust
Bought by
Frusco Louis and Wisser Linda
Seller's Agent
Edward DeBiase
Weichert Realtors-Toms River
Buyer's Agent
Debby Richard
Keller Williams Preferred Properties,Bayville
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Current Estimated Value
$823,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,274
Avg. Annual Appreciation
11.25%
Original Mortgage
$382,500
Outstanding Balance
$345,903
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$477,371

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 24, 2021
Sold by
Kelly John Gerard and John Gerard Kelly Trust
Bought by
Wisser Louis and Anello Lisa
Seller's Agent
Edward DeBiase
Weichert Realtors-Toms River
Buyer's Agent
Debby Richard
Keller Williams Preferred Properties,Bayville
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$345,903
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$477,371

Purchase Details

Listed on
Jun 2, 2017
Closed on
Sep 13, 2017
Sold by
Pentz John and Pentz Christine
Bought by
Meneghin Evelyn C
Seller's Agent
Ronald Youmans
Keller Williams Shore Properties
Buyer's Agent
Mary Delia
Keller Williams Shore Properties
List Price
$477,000
Sold Price
$435,000
Premium/Discount to List
-$42,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$315,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 30, 2017
Sold by
Seaside Happiness Homes Llc
Bought by
Kelly Trust
Seller's Agent
Ronald Youmans
Keller Williams Shore Properties
Buyer's Agent
Mary Delia
Keller Williams Shore Properties
List Price
$477,000
Sold Price
$435,000
Premium/Discount to List
-$42,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2013
Closed on
Nov 20, 2013
Sold by
Vallerini Michael
Bought by
Seaside Happiness Homes Llc
Seller's Agent
Michael Milano
Diane Turton, Realtors-Brick
Buyer's Agent
Michael Milano
Weichert Realtors-Ocean
Sold Price
$151,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.80%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Signorile David
Bought by
Vallerini Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 2003
Sold by
Shafer Leslie S
Bought by
Signorile David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
5.82%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Shafer Suzanne F
Bought by
Shafer Leslie S
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
Frusco Louis $510,000 Foundation Title Llc
Wisser Louis $510,000 Foundation Title
Meneghin Evelyn C $365,000 Fidellity National Title Ins
Kelly Trust $435,000 Old Republic Title
Seaside Happiness Homes Llc $151,101 Alta Plain Language Title In
Vallerini Michael $485,000 Horizon Title Agency
Signorile David $279,900 --
Shafer Leslie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frusco Louis $382,500
Previous Owner Wisser Louis $382,500
Previous Owner Kelly Trust $315,000
Previous Owner Vallerini Michael $48,500
Previous Owner Vallerini Michael $388,000
Previous Owner Signorile David $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $510,000 -7.3% --
02/25/2021 02/25/21 Pending -- -- --
12/21/2020 12/21/20 For Sale $549,900 +26.4% --
09/25/2017 09/25/17 Sold $435,000 0.0% $181 / Sq Ft View Prior Sale
09/25/2017 09/25/17 Sold $435,000 -8.8% $181 / Sq Ft View Prior Sale
06/15/2017 06/15/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $477,000 +215.7% $199 / Sq Ft
11/26/2013 11/26/13 Sold $151,101 -- -- View Prior Sale
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 $9,502 $799,900 $520,000 $279,900
2024 $8,818 $335,300 $155,000 $180,300
2023 $8,386 $335,300 $155,000 $180,300
2022 $8,386 $335,300 $155,000 $180,300
2021 $8,114 $335,300 $155,000 $180,300
2020 $8,141 $335,300 $155,000 $180,300
2019 $7,896 $335,300 $155,000 $180,300
2018 $7,688 $335,300 $155,000 $180,300
2017 $7,544 $335,300 $155,000 $180,300
2016 $7,417 $335,300 $155,000 $180,300
2015 $7,159 $324,000 $155,000 $169,000
2014 $6,334 $324,000 $155,000 $169,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Edward DeBiase

    Weichert Realtors-Toms River

  • Debby Richard

    Buyer's Agent in 2021

    Debby Richard

    Keller Williams Preferred Properties,Bayville

    (908) 872-8518

    5 in this area

    22 Total Sales

    Debby Richard
    Section Image

  • R

    Seller's Agent in 2017

    Ronald Youmans

    Keller Williams Shore Properties

  • M

    Buyer's Agent in 2017

    Mary Delia

    Keller Williams Shore Properties

  • M

    Seller's Agent in 2013

    Michael Milano

    Diane Turton, Realtors-Brick

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22043578

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00044-0000-00011

New Jersey Ocean County Seaside Heights 08751

112 Fremont Ave, Seaside Heights, NJ

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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