$285,000
SOLD MAR 12, 2021

121 Lincoln Ave Unit 25 Seaside Heights, NJ 08751

3 Beds
1 Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

29% Below List Price

226 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Eat-In Kitchen
  • Oceanside
  • Engineered Wood Flooring
  • Multiple cooling system units

About This Home

As of March 2021

New Single family with amazing finishes that includes: New kitchen incl shaker cabinets w granite countertop, stainless appliance package, gas appliances, open floor plan recessed lighting, tankless/endless hot water, new windows, gutters, trim and siding plus new bathroom fixtures. All new down to the studs. turn this into a money machine. Great for a large family or extended seasonal rentals. Walk 1 blk to beach, boardwalk, restaurants, shopping, rides and amusements. Short 1 hour from NYC, Philly or AC of GSP Exit 82. Could generate rent up to $3,500/week. Rent only 6 weeks and use the remaining 46 weeks for free or turn this into a money machine. Move quickly while interest rates are low.

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 06/06/2020

Last Buyer's Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 06/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,462

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Custom Home
  • Cape Cod Architecture
  • A-Frame Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Insulated Windows
  • Storage
  • Partial Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Oceanside
  • Patio
  • Exterior Lighting

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 111111111

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,462

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Association
  • Inclusions: Outdoor Lighting, Dishwasher, Microwave, Security System, Self/Con Clean, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, A-Frame, Ranch, Cape
  • Reso Flooring: Cement
  • Reso Interior Features: Security System, Recessed Lighting
  • New Construction: Yes
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 2020
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Dining Room Floor - Engineered2: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.14
  • General Property Info Lot Dimensions: 60 x 100
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Interior Recessed Lighting: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Included Outdoor Lighting: Yes
  • Style Cape: Yes
  • Style Ranch: Yes
  • Foyer Floor - Laminate: Yes
  • Included SelfCon Clean: Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Eat-In: Yes
  • Included Security System2: Yes
  • Cooling Multi Units: Yes
  • Exterior Security System3: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Energy Features:Energy Appliances: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Bilco Style Doors, Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exterior Features: Patio, Private Storage, Security System, Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, See Remarks, Other, Assigned, Driveway, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Other, See Remarks, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 111111111
  • Zoning Description: Neighborhood

Green Features

  • Energy Features Insulated Windows: Yes

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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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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22018170

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00010-0000-00021