NOT LISTED FOR SALE

1206 Ocean Ave Belmar, NJ 07719

Estimated Value: $2,271,000 - $3,432,000

5 Beds
4.5 Baths
3,780 Sq Ft
$769/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $2,265,000 $599 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $17,848/month

Highlights

  • Beach Front
  • Custom Home
  • Fireplace in Primary Bedroom
  • Basketball Court
  • Curved or Spiral Staircase
  • 1-minute walk to Belmar Beach Playground

About This Home

As of July 2019

OCEANFRONT! JUNE 2019 Available $6K/week. UTILITIES, LINENS, GRILL AND BEACH BADGES INCLUDED. Enjoy sweeping unobstructed ocean views in this spectacular 3700+ SF, FIVE Bedroom (3 are En Suite), 4.5 Bath home with 4-stop paneled elevator, garage, and finished basement. Built in 2011, this home features an open floor plan connecting the chef's kitchen with center island to the dining and great room, to one of 3 oceanfront balconies beyond. Newer construction, high ceilings, elegant crown moldings, generous room sizes, 2 laundry rooms, and 3 oceanfront balconies make this home perfect for the discerning vacationer!

Last Agent to Rent the Property

Patrick Butera

RE/MAX Paradigm Realty Group Listed on: 04/21/2018

Last Renter's Agent

William Collins

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt License #1432988

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,438

Year Built

  • Built in 2011

Lot Details

  • Beach Front

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Curved or Spiral Staircase
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Wood Flooring
  • Water Views
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Basketball Court
  • Balcony
  • Terrace
  • Exterior Lighting
  • Porch

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Association fees include electricity, water

Listing and Financial Details

  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 07-00120-0000-00018-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,438

Year Built

Built in 2011

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso Association Fee Includes: Electricity, Water
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony, Dec Molding, Spiral Stairs, Recessed Lighting
  • Year Built: 2011
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Eat-In: Yes
  • Maintenance Fees Security Deposit3: 10.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • General Property Info # Parking Spaces3: 4
  • Furnished Full2: Yes
  • Interior Spiral Stairs: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Fee Includes Electricity3: Yes
  • Exterior Oceanfront3: Yes
  • Exterior Beachfront3: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Basement:Partially Finished: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Double Sinks2: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Marble10: Yes
  • Primary Bedroom Fireplace - Gas9: Yes

Exterior Features

  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exterior Features: Porch - Open, Terrace, Oceanfront, Basketball Court, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Off Street, Direct Access
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 07-00120-0000-00018-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 24, 2019
Sold by
11Th Avenue Llc
Bought by
Belmar Legacy Llc
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
William Collins
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Sold Price
$60,000
Current Estimated Value
$2,907,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,847,876
Avg. Annual Appreciation
4.06%
Original Mortgage
$1,500,000
Outstanding Balance
$1,316,193
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,591,683

Purchase Details

Listed on
Dec 2, 2017
Closed on
Apr 20, 2018
Sold by
Kayal Robert A and Kayal Kim S
Bought by
11Th Ave Llc
Seller's Agent
Patrick Butera
RE/MAX Paradigm Realty Group
Buyer's Agent
Patrick Butera
Shore and Country, Realtors
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%

Purchase Details

Closed on
Nov 9, 2011
Sold by
Signal Hill Realty Corporation
Bought by
Kayal Robert A and Kayal Kim S

Purchase Details

Closed on
Oct 31, 2011
Sold by
Signal Hill Realty Corporation
Bought by
Signal Hill Realty Corporation
Source: Public Records

Range of Values:

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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
Belmar Legacy Llc $2,265,000 Trident Abstract Ttl Agcy Ll
11Th Ave Llc $1,900,000 Two Rivers Title Co Llc
Kayal Robert A $2,150,000 None Available
Signal Hill Realty Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmar Legacy Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2019 07/01/19 Rented $60,000 0.0% --
06/24/2019 06/24/19 Sold $2,265,000 +19.2% $599 / Sq Ft View Prior Sale
04/20/2018 04/20/18 Sold $1,900,000 -- $503 / 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 $28,438 $1,954,500 $1,077,000 $877,500
2024 $27,480 $1,954,500 $1,077,000 $877,500
2023 $27,480 $1,954,500 $1,077,000 $877,500
2022 $26,523 $1,954,500 $1,077,000 $877,500
2021 $26,523 $1,954,500 $1,077,000 $877,500
2020 $24,954 $1,855,300 $1,077,000 $778,300
2019 $24,954 $1,855,300 $1,077,000 $778,300
2018 $22,913 $1,855,300 $1,077,000 $778,300
2017 $22,356 $1,855,300 $1,077,000 $778,300
2016 $23,488 $1,229,100 $630,300 $598,800
2015 $24,162 $1,259,100 $660,300 $598,800
2014 $25,815 $1,334,100 $735,300 $598,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2019

    Patrick Butera

    RE/MAX

  • W

    Tenant's Agent in 2019

    William Collins

    Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

    Section Image

  • W

    Tenant's Agent in 2019

    William F. Collins Jr.

    The Connolly Agency

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21815181

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00120-0000-00018-01

New Jersey Monmouth County Belmar 07719

1206 Ocean Ave, Belmar, NJ

This home is located at 1206 Ocean Ave, Belmar, NJ 07719 since 21 April 2018 and is currently priced at $2,907,876. This property was built in 2011. 1206 Ocean Ave is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

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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