NOT LISTED FOR SALE

121 Pennsylvania Ave Lavallette, NJ 08735

Estimated Value: $944,000 - $1,388,000

4 Beds
2 Baths
1,504 Sq Ft
$771/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $950,000 $632 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,749/month

3 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Hot Water Heating System
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of October 2022

Now is your chance to own two houses on one lot in one of the most desirable town of Lavallette.This property has 4 bedrooms and 2 bths in the front house. Back house has 2 bedrooms and 1 bath with attached garage. Bring you vision to see what this gem could be.Just a few blocks to Lavallette's fabulous beaches with lovely boardwalk. Small town feel with wonderful bay area dock for crabbing and fishing. Great main street with shops and restaurants. Lets not forget top rated school system. Enjoy summer fun or make this your year round dream on the Jersey Shore.

Last Agent to Sell the Property

Nanette Mason

Childers Sotheby's Intl Realty Brokerage Phone: 732-240-0500 License #9807193 Listed on: 09/05/2022

Childers Sotheby's Intl Realty

Last Buyer's Agent

Nanette Mason

Weichert Realtors-Normandy Bch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,729

Year Built

  • Built in 1938

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Linoleum Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Lavallette Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Heating System
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water
  • Assessor Parcel Number 16-00043-02-00028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,729

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Attribution Contact: 732-240-0500
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum, Other
  • Reso Interior Features: Cable TV
  • New Construction: No
  • Year Built: 1938
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Thermal Window: Yes
  • Parking Unpaved: Yes
  • Floors Linoleum: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Patio, Thermal Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Off Street, Unpaved
  • General Property Info:Garage: Yes
  • ParkingOffStreet: 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
  • Heating:Hot Water2: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00043-02-00028
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4729.0
  • Tax Other Annual Assessment Amount: 572500.0

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
Sep 5, 2022
Closed on
Oct 4, 2022
Sold by
Stickno Leonard J
Bought by
Moreira Stephen and Moreira Elizabeth
Seller's Agent
Nanette Mason
Childers Sotheby's Intl Realty
Buyer's Agent
Nanette Mason
Weichert Realtors-Normandy Bch
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%
Views
47
Current Estimated Value
$1,152,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,660
Avg. Annual Appreciation
5.63%
Original Mortgage
$500,000
Outstanding Balance
$483,614
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$625,100

Purchase Details

Closed on
Oct 15, 2014
Sold by
Stickno Karen and Cranmer Karen
Bought by
Stickno Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2012
Sold by
Stickno Karen
Bought by
Stickno Karen and Stickno Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 28, 2008
Sold by
Stickno Helen B
Bought by
Stickno Helen B and Stickno Leonard
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
Moreira Stephen $950,000 Foundation Title
Stickno Leonard $201,000 Agent For Westcor Land Title
Stickno Karen -- None Available
Stickno Helen B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreira Stephen $500,000
Previous Owner Stickno Leonard $225,000
Previous Owner Stickno Karen $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $950,000 +2.7% $632 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $925,000 -- $615 / Sq Ft
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 $5,256 $572,500 $375,000 $197,500
2023 $4,889 $572,500 $375,000 $197,500
2022 $4,889 $572,500 $375,000 $197,500
2021 $4,729 $572,500 $375,000 $197,500
2020 $4,700 $572,500 $375,000 $197,500
2019 $4,885 $499,000 $350,000 $149,000
2018 $4,845 $499,000 $350,000 $149,000
2017 $4,895 $499,000 $350,000 $149,000
2016 $4,736 $499,000 $350,000 $149,000
2015 $4,636 $499,000 $350,000 $149,000
2014 $4,656 $499,000 $350,000 $149,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nanette Mason

    Childers Sotheby's Intl Realty

    (732) 278-8813

    1 in this area

    12 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22227336

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00043-02-00028

New Jersey Ocean County Lavallette 08735

121 Pennsylvania Ave, Lavallette, NJ

This home is located at 121 Pennsylvania Ave, Lavallette, NJ 08735 since 05 September 2022 and is currently estimated at $1,159,838, approximately $771 per square foot. This property was built in 1938. 121 Pennsylvania Ave is a home located in Ocean County with nearby schools including Lavallette Elementary 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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