NOT LISTED FOR SALE

119 Washington Ave Lavallette, NJ 08735

Estimated Value: $1,766,000 - $2,295,000

6 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold June 20, 2016

Last sale price $580,000

Est. 215% increase in value since last sale

Current estimated payment $10,492/month

71 Days on Market

Highlights

  • Bay View
  • 3 Fireplaces
  • Oversized Parking
  • Deck
  • 1 Car Detached Garage
  • 3-minute walk to Centennial Park Lavallette

About This Home

As of June 2016

Rare opportunity in the middle of Lavallette. Mother/Daughter with 4 bedrooms 2 baths upstairs, 2 bedrooms 1 bath downstairs. Each unit has it’s own laundry area. Fireplaces on each floor. Live in one unit and rent the other for income. Huge garage/workshop with work benches, loft and attic storage that has separate electric meter. 12 foot commercial door great for contractor to store a truck, materials and tools. Or, store all your boats, jet-skis and toys. Easy walk to the ocean, bay or shops in town. Enjoy beautiful sunsets right from the second story deck all year long. Mostly furnished for immediate occupancy or rental. Elevation certificate states 8.5ft in zone AE 7.

Last Agent to Sell the Property

David Taylor

Childers Sotheby's Intl Realty Listed on: 01/31/2016

Last Buyer's Agent

Scott Meredith

Childers Sotheby's Intl Realty License #1005908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Workshop in Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Bay Views
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Shared Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 16-00039-02-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,136

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Interior Features: Attic - Other, Attic - Pull Down Strs, Cable TV
  • New Construction: No
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 3.0
  • ExteriorDeck: Yes
  • Water Heater Off Boiler: Yes
  • Garage Oversized: Yes
  • Cooling Multi Units: Yes
  • Garage Storage Above: Yes
  • General Property Info # Parking Spaces: 5.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Exterior Bay View: Yes
  • Garage Workshop2: Yes
  • Water Heater Shared: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Stories: 3
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Patio, Bay View
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Oversized, Storage, Workshop in Garage
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 16-00039-02-00026

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5136.0
  • Tax Other Annual Assessment Amount: 552900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Lavallette
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2016
Closed on
Jun 20, 2016
Sold by
Taylor David W and Taylor Lisa
Bought by
Fender Ryan M and Marotta Victoria L
Seller's Agent
David Taylor
Childers Sotheby's Intl Realty
Buyer's Agent
Scott Meredith
Childers Sotheby's Intl Realty
Sold Price
$580,000
Current Estimated Value
$1,824,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,244,180
Avg. Annual Appreciation
12.98%
Original Mortgage
$464,000
Outstanding Balance
$375,249
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,401,352

Purchase Details

Closed on
Mar 10, 2000
Sold by
Brackman Gloria
Bought by
Taylor David and Taylor Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.24%
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
Fender Ryan M $580,000 --
Taylor David $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fender Ryan M $464,000
Previous Owner Taylor David W $392,000
Previous Owner Taylor David W $30,000
Previous Owner Taylor David $243,000
Previous Owner Brackman Gloria $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $580,000 -- --
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
2024 $6,635 $722,800 $375,000 $347,800
2023 $6,173 $722,800 $375,000 $347,800
2022 $6,173 $722,800 $375,000 $347,800
2021 $5,970 $722,800 $375,000 $347,800
2020 $5,934 $722,800 $375,000 $347,800
2019 $5,413 $552,900 $315,000 $237,900
2018 $5,369 $552,900 $315,000 $237,900
2017 $5,424 $552,900 $315,000 $237,900
2016 $5,247 $552,900 $315,000 $237,900
2015 $5,136 $552,900 $315,000 $237,900
2014 $5,159 $552,900 $315,000 $237,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21603448

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00039-02-00026