NOT LISTED FOR SALE

1208 River Rd Unit Aka Belmar, NJ 07719

Belmar Neighborhood

Estimated Value: $560,000 - $886,000

2 Beds
2 Baths
-- Sq Ft
5,532 Sq Ft Lot

Last Sold March 22, 2017

Last sale price $310,000

Est. 122% increase in value since last sale

Current estimated payment $4,194/month

29 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating System
  • 5-minute walk to Maclearie Park

About This Home

As of March 2017

Beautiful duplex located on River Avenue in Belmar right across from bay. Completely remodeled and renovated. Unit 1 is a 2 bedroom 1 bathroom apartment leased for $1,495.00 per month. Unit 2 is also a 2 bedroom 1 bathroom apartment leased for $1,495.00 per month. Off street parking via driveway can park up to 8 cars.

Fully occupied. Expenses for the fiscal year of 2016 include:

Insurance: $1,725 per year

Utilities (water/sewer) $1,811

Last Listed By

Marc Sorrentino

VRI Homes Brokerage Phone: 800-531-2885 License #1648911 Listed on: 02/02/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1918

Lot Details

  • Waterfront

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House
  • Stove

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00129-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,572

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 800-531-2885
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1918
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 07-00129-0000-00002

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3572.0
  • Tax Other Annual Assessment Amount: 186900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 11, 2017
Sold by
A Y Management Llc
Bought by
Bengston Mark S
Seller's Agent
Marc Sorrentino
VRI Homes
Buyer's Agent
Joseph Scheeler
Ward Wight Sotheby's International Realty
Sold Price
$310,000
Total Days on Market
29
Current Estimated Value
$687,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,762
Avg. Annual Appreciation
10.31%
Interest Rate
4.1%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Apple 25 Llc
Bought by
A & Y Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Nikola Kenneth F and Nikola Ruth
Bought by
Apple 25 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1996
Sold by
Ruggiero Morris
Bought by
Nikola Kenneth and Nikola Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.37%

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
Bengston Mark S $310,000 --
A & Y Management Llc $225,000 None Available
Apple 25 Llc $120,000 None Available
Nikola Kenneth $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bengston Mark S --
Previous Owner A & Y Management Llc $168,750
Previous Owner Apple 25 Llc $100,000
Previous Owner Nikola Kenneth $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $310,000 -- --
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 $4,571 $325,100 $166,400 $158,700
2023 $4,571 $325,100 $166,400 $158,700
2022 $4,412 $325,100 $166,400 $158,700
2021 $4,412 $325,100 $166,400 $158,700
2020 $4,373 $325,100 $166,400 $158,700
2019 $4,373 $325,100 $166,400 $158,700
2018 $4,015 $325,100 $166,400 $158,700
2017 $3,917 $325,100 $166,400 $158,700
2016 $3,572 $186,900 $67,200 $119,700
2015 $3,433 $178,900 $59,200 $119,700
2014 $3,771 $194,900 $75,200 $119,700
Source: Public Records

Agents Affiliated with this Home

  • Marc Sorrentino

    Seller's Agent in 2017

    Marc Sorrentino

    VRI Homes

    (732) 816-9178

    34 Total Sales

    Marc Sorrentino
    Section Image
  • Joseph Scheeler

    Buyer's Agent in 2017

    Joseph Scheeler

    Ward Wight Sotheby's International Realty

    (201) 679-7614

    2 in this area

    31 Total Sales

    Joseph Scheeler
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21704045

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00129-0000-00002

New Jersey Monmouth County Belmar 07719 Belmar

1208 River Rd Unit Aka, Belmar, NJ

Homes for Sale in Belmar, NJ

This home is located at 1208 River Rd Unit Aka, Belmar, NJ 07719 since 02 February 2017 and is currently estimated at $687,762. This property was built in 1918. 1208 River Rd Unit Aka 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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