1121 Bay Ave Unit A & B Point Pleasant Boro, NJ 08742
Estimated Value: $956,000 - $1,092,000
5
Beds
3
Baths
2,436
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- Deck
- Multiple cooling system units
- Handicap Accessible
- Wood Flooring
- Patio
- Shed
About This Home
As of September 20202 fantastic homes on 1 lot. Great opportunity to own a multi-family property ''East of the canal'' the last home on the Boro boarder.Blocks to the beach, hop and skip to Arnold Ave to enjoy the store fronts & restaurants. Fully renovated, new appliances, large driveway, low property taxes and Boro schools.Front house includes 3 bedrooms, 2 full bathrooms and large bright, open living space. Back house includes 2 bedrooms and 1 bathroom. Both units have separate utilities. Back house allows for potential income or perfect for multi generational living/ home office & more! Do not miss out on this. 2 houses for the price of 1. Great opportunity to own a multi-family property on the east side of the canal, close to the beach and Arnold Ave shopping. Fully renovated, new appliances, large driveway, low property taxes and not in a flood zone. Property in the front includes 3 bedrooms, 2 full bathrooms and large living space. Property in the back includes 2 bedrooms and 1 bathroom. Both properties have separate utilities. Make additional income by renting one of the properties via Airbnb or have permanent tenants. The additional property could also make for a nice place for family members to live in or serve as a guest house.
Last Agent to Sell the Property
Caitlyn Mulligan
RE/MAX Revolution Listed on: 07/04/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,355
Year Built
- Built in 1918
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 54.63x152.87
- Fenced
Home Design
- Duplex
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,436 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Partial Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Parking Spaces
- Off-Street Parking
Accessible Home Design
- Handicap Accessible
Outdoor Features
- Deck
- Patio
- Shed
Schools
- Ocean Elementary School
- Memorial Middle School
- Point Pleasant Borough High School
Utilities
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for gas, electricity
- Assessor Parcel Number 25-00130-0000-00023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2020
Closed on
Sep 17, 2020
Sold by
Herrera John
Bought by
Amoresano Patrick X and Amoresano Joseph P
Seller's Agent
Caitlyn Mulligan
RE/MAX Revolution
Buyer's Agent
Lynn Mccabe
Keller Williams Realty Spring Lake
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Total Days on Market
38
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
$362,759
Avg. Annual Appreciation
10.09%
Original Mortgage
$476,250
Outstanding Balance
$428,357
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$569,402
Purchase Details
Closed on
Aug 29, 2017
Sold by
Fannie Mae
Bought by
Herrera John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,165
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 2014
Sold by
Anders Christopher
Bought by
Federal Natioanl Mortgage Assn
Purchase Details
Closed on
May 22, 2007
Sold by
Carroll Timothy P and Carroll Patricia R
Bought by
Anders Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 2, 2001
Sold by
Murphy Joan
Bought by
Carroll Timothy and Carroll Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.88%
Mortgage Type
FHA
Similar Homes in the area
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 |
|---|---|---|---|
| Amoresano Patrick X | $635,000 | Trident Abstract Ttl Agcy Ll | |
| Herrera John | $304,900 | -- | |
| Federal Natioanl Mortgage Assn | -- | None Available | |
| Anders Christopher | $430,000 | Prus Title Agency | |
| Carroll Timothy | $170,000 | -- | |
| Carroll Timothy | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amoresano Patrick X | $476,250 | |
| Previous Owner | Herrera John | $259,165 | |
| Previous Owner | Anders Christopher | $86,000 | |
| Previous Owner | Anders Christopher | $250,000 | |
| Previous Owner | Anders Christopher | $344,000 | |
| Previous Owner | Carroll Timothy P | $360,000 | |
| Previous Owner | Carroll Timothy | $167,373 | |
| Previous Owner | Murphy Thomas | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2020 09/18/20 | Sold | $635,000 | -5.9% | $261 / Sq Ft |
| 07/31/2020 07/31/20 | Pending | -- | -- | -- |
| 07/03/2020 07/03/20 | For Sale | $675,000 | 0.0% | $277 / Sq Ft |
| 07/02/2020 07/02/20 | Pending | -- | -- | -- |
| 06/23/2020 06/23/20 | For Sale | $675,000 | -- | $277 / 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 |
|---|---|---|---|---|
| 2024 | $9,542 | $436,500 | $182,500 | $254,000 |
| 2023 | $9,345 | $436,500 | $182,500 | $254,000 |
| 2022 | $9,345 | $436,500 | $182,500 | $254,000 |
| 2021 | $8,152 | $436,500 | $182,500 | $254,000 |
| 2020 | $7,455 | $357,400 | $182,500 | $174,900 |
| 2019 | $7,355 | $357,400 | $182,500 | $174,900 |
| 2018 | $7,137 | $357,400 | $182,500 | $174,900 |
| 2017 | $6,980 | $357,400 | $182,500 | $174,900 |
| 2016 | $6,926 | $357,400 | $182,500 | $174,900 |
| 2015 | $6,844 | $357,400 | $182,500 | $174,900 |
| 2014 | $6,687 | $357,400 | $182,500 | $174,900 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2020
Caitlyn Mulligan
RE/MAX
-
John Hawer Herrera
J
Seller Co-Listing Agent in 2020
John Hawer Herrera
RE/MAX
(646) 920-6500
1 in this area
4 Total Sales
-
Lynn Mccabe
Buyer's Agent in 2020
Lynn Mccabe
Keller Williams Realty Spring Lake
(732) 948-3687
4 in this area
40 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22020451
APN: 25-00130-0000-00023
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.
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.
Nearby Homes
- 909 Leighton Ave
- 284 Osborne Ave
- 827 Rosewood Ave
- 22 Cedar Dr
- 820 Trenton Ave
- 622 Trenton Ave Unit 311
- 1320 Charles St
- 1320 Bay Ave
- 503 Atlantic Ave
- 916 Arnold Ave
- 1507 Saint Louis Ave
- 507 Forman Ave
- 606 Bay Ave Unit 5
- 1608 East St
- 1030 Ocean Rd
- 1409 Buckner St
- 1125 Arnold Ave Unit 2
- 1416 George St
- 1215 Johnson Ave
- 504 Laurel Ave