NOT LISTED FOR SALE

114 Shore Dr Highlands, NJ 07732

Estimated Value: $661,000 - $939,000

5 Beds
3.5 Baths
1,060 Sq Ft
$763/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $230,000 $217 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $5,171/month

313 Days on Market

Highlights

  • Deck
  • Double-Wide Driveway
  • Recessed Lighting
  • Corner Lot
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of July 2015

Short Sale! Calling all investors! 2 family home in great location in Highlands! Close to town & NYC ferry & minutes to Sandy Hook & Jersey Shore beaches! Live in 1 unit & rent out the other or rent out both units. Completely renovated in 2007, unit 1 is 3 bedrooms & 2 baths, living room & eat in kitchen plus 10x25 deck, Unit 2 has 2 bedrooms 1.5 baths, living room & eat in kitchen. Attached 2 car garage on ground floor, plus oversized driveway for approx 4 cars. Welcome to the Jersey Shore!

Last Agent to Sell the Property

Mary Lynn Hughes

Heritage House Sotheby's International Realty Brokerage Phone: 732-212-0440 License #0569657 Listed on: 07/13/2014

Heritage House Sotheby's International Realty

Last Buyer's Agent

Helen Mary Maresca

Heritage House Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 1938

Lot Details

  • Lot Dimensions are 50x70
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Double-Wide Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Recessed Lighting
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School
  • Henry Hudson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, yard maintenance, water, snow removal, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 00059000000035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,756

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Laminate, Ceramic Tile
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1938
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X70
  • Location Middle School: Henry Hudson Reg
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • ExteriorDeck: Yes
  • General Property Info # Parking Spaces: 4.0
  • Parking Double Wide: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Common, Double Wide
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 50X70
  • Parcel #: 00059000000035
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7756.0
  • Tax Other Annual Assessment Amount: 299000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Highlands
  • High School: Henry Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2014
Closed on
Jun 27, 2015
Sold by
Shute Eugene N
Bought by
Luzzi Peter
Seller's Agent
Mary Lynn Hughes
Heritage House Sotheby's International Realty
Buyer's Agent
Helen Mary Maresca
Heritage House Sotheby's Int'l
Sold Price
$230,000
Current Estimated Value
$808,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,365
Avg. Annual Appreciation
13.03%
Original Mortgage
$172,500
Outstanding Balance
$135,020
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$673,345

Purchase Details

Closed on
Sep 8, 2000
Sold by
Benkert Albert
Bought by
Shute Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,538
Interest Rate
8.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Luzzi Peter $230,000 Attorney
Shute Eugene $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luzzi Peter $172,500
Previous Owner Shute Eugene $83,538
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $230,000 -- $217 / Sq Ft
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 $10,575 $637,000 $226,900 $410,100
2024 $10,166 $534,100 $138,900 $395,200
2023 $10,166 $506,800 $120,800 $386,000
2022 $10,214 $460,800 $93,300 $367,500
2021 $10,214 $411,700 $84,800 $326,900
2020 $10,043 $404,300 $84,800 $319,500
2019 $9,235 $326,900 $44,800 $282,100
2018 $9,056 $323,200 $68,000 $255,200
2017 $9,088 $323,200 $68,000 $255,200
2016 $8,943 $323,200 $68,000 $255,200
2015 $8,941 $319,900 $68,000 $251,900
2014 $8,688 $299,000 $91,800 $207,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21428052

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00059-0000-00035