$369,900
SOLD DEC 17, 2019

121 Lincoln Ave Unit 25 Seaside Heights, NJ 08751

-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

About This Home

As of March 2021

4 Units consisting of a free standing 3 bedroom single family, a free standing 2 bedroom single family, and a 2 family, utilities are separated. Strong Rental income, easy to rent, located 1 Block to the beach and boardwalk, walk to shops, restaurants, clubs, etc.Owner motivated as they are moving out of the area. Live in one unit and the let the other 3 pay your bills.Contact LB or Tenants to show.

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 12/06/2019

Last Buyer's Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 12/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,702

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 60 x 100

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Basement
  • Crawl Space

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Schools

  • Adamsville Elementary School
  • Adelphia Middle School
  • Allentown High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,702

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1948
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Location Middle School: Adelphia
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Parking Spaces: 6.0
  • Special Features: None

Interior Features

  • Basement: Other, Crawl Space
  • Basement: Yes
  • Stories: 1
  • Basement:Crawl Space: Yes
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

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: Adelphia

Lot Info

  • Lot Dimensions: 60 x 100
  • Parcel #: 0000
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7702.0
  • Tax Other Annual Assessment Amount: 342300.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Adamsville
  • High School: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
121 Lincoln Llc
Bought by
Policastro Robert and Seger Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$110,342
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2019
Closed on
Dec 12, 2019
Sold by
121 125 Lincoln Avenue Llc
Bought by
121 Lincoln Llc
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Michael Loundy
Seaside Heights Realty Inc.
Sold Price
$369,900

Purchase Details

Closed on
Aug 11, 2004
Sold by
Dodson Darlene
Bought by
121-125 Lincoln Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2000
Sold by
Reilly Thomas
Bought by
Morgan Steven and Morgan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.91%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Reilly Thomas
Bought by
Reilly Thomas and Reilly Steven

Purchase Details

Closed on
Jun 16, 1999
Sold by
Grube Richard D and Grube Mary E
Bought by
Reilly Thomas
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 Type Sale Price Title Company
Deed $145,000 Stewart Title
Bargain Sale Deed $137,500 Pegasus Title Agency Llc
Deed $369,900 Elite Title Group Llc
Interfamily Deed Transfer -- --
Bargain Sale Deed $425,000 Lawyers Title Insurance Corp
Deed $140,000 --
Interfamily Deed Transfer -- --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $123,500 New Conventional
Closed $108,750 New Conventional
Previous Owner $47,500 Small Business Administration
Previous Owner $340,000 Purchase Money Mortgage
Previous Owner $277,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $599,900 +110.5% $763 / Sq Ft
03/12/2021 03/12/21 Sold $285,000 -5.0% --
01/18/2021 01/18/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $299,900 -9.1% --
09/19/2020 09/19/20 Price Changed $329,900 -5.7% --
08/11/2020 08/11/20 Price Changed $349,900 -12.5% --
06/06/2020 06/06/20 For Sale $399,900 +8.1% --
12/17/2019 12/17/19 Sold $369,900 -- --
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
2020 $7,462 $342,300 $195,000 $147,300
2019 -- $342,300 $195,000 $147,300
2018 -- $342,300 $195,000 $147,300
2017 -- $342,300 $195,000 $147,300
2016 -- $342,300 $195,000 $147,300
2015 -- $342,300 $195,000 $147,300
2014 -- $342,300 $195,000 $147,300
Source: Public Records

Agents Affiliated with this Home

  • Dean Devasia

    Seller's Agent in 2025

    Dean Devasia

    Arthur Rue Agency

    (908) 727-0058

    13 Total Sales

    Dean Devasia
    Section Image
  • Michael Loundy

    Seller's Agent in 2021

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    235 in this area

    273 Total Sales

    Michael Loundy
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21817859

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00010-0000-00021

New Jersey Ocean County Seaside Heights 08751

121 Lincoln Ave Unit 25, Seaside Heights, NJ

This home is located at 121 Lincoln Ave Unit 25, Seaside Heights, NJ 08751 and is currently priced at $369,900. This property was built in 1948. 121 Lincoln Ave Unit 25 is a home located in Ocean County with nearby schools including Hugh J. Boyd Jr. Elementary School, Central Regional Middle School, and Central Regional 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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