NOT LISTED FOR SALE

118 Park Place Ave Bradley Beach, NJ 07720

Estimated Value: $1,483,000 - $1,861,594

4 Beds
2 Baths
2,312 Sq Ft
$742/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $872,500 $377 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,008/month

Highlights

  • Water Views
  • Custom Home
  • No HOA
  • Oceanside
  • Furnished
  • 1-minute walk to Bradle Beach Playground

About This Home

As of May 2016

LOCATION, LOCATION! First Floor Full Season Summer Rental (5/27/16-9/5/16) at $27,500. Also available by the month, June $10,000, July $12,000, August $14,000. This very desirable first beach block home has all the bells & whistles and is just minutes from the sand. Your first floor rental will have 4 bedrooms, 2 full baths, eat-in kitchen with newer appliances and granite counters, 4 televisions, ceiling fans, rocking chair front porch, washer, dryer and 4 beach badges included. Storage space available for bikes, surf boards, beach chairs etc. Absolutely turn-key and ready for your dream summer vacation at the shore!

Last Agent to Rent the Property

Phyllis Nocerino-Keefe

Gloria Nilson & Co. Real Estate Listed on: 12/07/2015

Last Renter's Agent

Phyllis Nocerino-Keefe

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #0453863

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,009

Home Design

  • Duplex
  • Custom Home

Interior Spaces

  • 1-Story Property
  • Furnished
  • Family Room
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Oceanside

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include trash, water, sewer
  • 2 Units

Listing and Financial Details

  • Property Available on 5/22/15
  • Assessor Parcel Number 0800014000000033

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2015-05-22

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Reso Association Fee Includes: Trash, Water, Sewer
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 1924
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Contract Info Available Date: 2015-05-22
  • Lease Requirements Security Deposit4: Yes
  • Furnished Full2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Parcel #: 0800014000000033

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Feb 25, 2014
Sold by
Dnr Real Estate Holdings Llc
Bought by
Foti Florence
Seller's Agent
Richard Davidson
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Phyllis Nocerino-Keefe
Prudential Zack Shore Properties
Sold Price
$872,500
Current Estimated Value
$1,716,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,649
Avg. Annual Appreciation
5.91%
Original Mortgage
$415,000
Outstanding Balance
$314,316
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,401,833

Purchase Details

Closed on
Feb 1, 2012
Sold by
Retained Realty Inc
Bought by
Dnr Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Daly Coleen
Bought by
Leach Anthony R

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
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1997
Sold by
Crimmins William
Bought by
Slattery Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Foti Florence $72,500 None Available
Dnr Real Estate Holdings Llc $445,000 None Available
Leach Anthony R $800,000 Titleworks Inc
Slattery Kenneth $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foti Florence $415,000
Previous Owner Dnr Real Estate Holdings Llc $356,000
Previous Owner Leach Anthony R $525,000
Previous Owner Slattery Kenneth $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Rented $24,000 -4.0% --
05/22/2015 05/22/15 Rented $25,000 0.0% --
02/27/2014 02/27/14 Sold $872,500 -- $262 / Sq Ft 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 $11,763 $1,350,600 $855,400 $495,200
2024 $11,211 $1,282,800 $815,000 $467,800
2023 $11,211 $1,187,600 $756,200 $431,400
2022 $11,953 $1,160,100 $639,800 $520,300
2021 $11,953 $1,019,900 $511,000 $508,900
2020 $11,489 $940,200 $459,200 $481,000
2019 $11,848 $935,900 $458,100 $477,800
2018 $12,534 $905,600 $450,000 $455,600
2017 $12,705 $898,500 $450,000 $448,500
2016 $12,403 $887,200 $450,000 $437,200
2015 $12,109 $867,400 $450,000 $417,400
2014 $10,417 $752,700 $410,000 $342,700
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2016

    Phyllis Nocerino-Keefe

    BHHS Fox & Roach

  • E

    Buyer's Agent in 2015

    Elisabeth Spurrier

    Heritage House Sotheby's International Realty

  • Elisabeth Wendel

    Buyer's Agent in 2015

    Elisabeth Wendel

    Better Homes and Gardens Real Estate Murphy & Co.

    (732) 610-9984

    14 Total Sales

    Elisabeth Wendel
    Section Image

  • R

    Seller's Agent in 2014

    Richard Davidson

    Berkshire Hathaway HomeServices Signature Properties

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21545226

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00014-0000-00033

New Jersey Monmouth County Bradley Beach 07720

118 Park Place Ave, Bradley Beach, NJ

Not Listed for Sale

MultiFamily

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.

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Information is deemed reliable but not guaranteed.

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