NOT LISTED FOR SALE

123 E 16th St Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,494,679 - $1,842,000

-- Bed
2 Baths
1,552 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $665,000 $428 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $10,290/month

115 Days on Market

Highlights

  • Beach
  • Deck
  • Detached Garage
  • Oceanside
  • Main Floor Bedroom
  • Outdoor Shower

About This Home

As of February 2012

Oceanside, 7th House Off The Beach, Two 3 Bedroom Apartments With A Very Good Rental History PLUS 1 Bedroom 2 Story Owners Quarters complete With Air Conditioning And A Skylight Upstairs And Still Lots Of Room to Park a Car In The Oversize Garage! Stay In One & Rent The Other Two!! It Is All Perfectly Legal And Is Grandfathered In. There is no stove in the owners quarters but, with a microwave and a hot plate, it has All you need to stay There . The Duplex (Front Building)Can Be Shown On Changeovers. The Owners Unit Can Be Shown Anytime. Priced to SELL!,Apartment Above Garage

Last Agent to Sell the Property

Eric Stevens

Stevens Real Estate License #TREND:SSTEVEER Listed on: 07/19/2011

Last Buyer's Agent

Sal Passafiume

Coldwell Banker Riviera Realty, Inc. License #8934330

Coldwell Banker Riviera Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,791

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 50x80
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Triplex
  • Asbestos Shingle Roof
  • Shake Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,552 Sq Ft Home
  • Partially Furnished
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Outdoor Grill

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 1800004002500021

Community Details

Overview

  • 3 Units

Recreation

  • Beach

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,791

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Oven/Range - Gas, Stove, Dishwasher, Built-In Microwave, Refrigerator
  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Entry Level Bedroom
  • Window Features: Screens, Insulated
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Living Area Units: Square Feet
  • Total Sq Ft: 1552
  • Living Area Sq Ft: 1552
  • Price Per Sq Ft: 450.39
  • Above Grade Finished Sq Ft: 1552
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Shake Siding
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Off Street, Driveway, Detached Garage

Utilities

  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Condo Co-Op Amenities: Beach

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 96100.00
  • Land Assessed Value: 595000.00
  • Lot Features: Level
  • Lot Dimensions: 50X80
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Furnished: Partially

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 3020743
  • Tax Annual Amount: 5791.0
  • Assessor Parcel Number: 1800004002500021
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2011
Closed on
Feb 24, 2012
Bought by
Nucaso Paul V
Seller's Agent
Eric Stevens
Stevens Real Estate
Buyer's Agent
Sal Passafiume
Coldwell Banker Riviera Realty, Inc.
List Price
$739,000
Sold Price
$665,000
Premium/Discount to List
-$74,000
-10.01%
Total Days on Market
115
Current Estimated Value
$1,709,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,420
Avg. Annual Appreciation
6.80%
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 Buyer Sale Price Title Company
Nucaso Paul V $665,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $665,000 -10.0% $428 / Sq Ft
11/11/2011 11/11/11 Pending -- -- --
07/19/2011 07/19/11 For Sale $739,000 -- $476 / Sq Ft
Source: Bright MLS

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 $8,338 $940,000 $769,500 $170,500
2023 $7,821 $940,000 $769,500 $170,500
2022 $7,821 $940,000 $769,500 $170,500
2021 $7,576 $940,000 $769,500 $170,500
2020 $6,870 $691,100 $595,000 $96,100
2019 $6,932 $691,100 $595,000 $96,100
2018 $6,724 $691,100 $595,000 $96,100
2017 $6,759 $691,100 $595,000 $96,100
2016 $6,814 $691,100 $595,000 $96,100
2015 $6,807 $691,100 $595,000 $96,100
2014 $6,641 $691,100 $595,000 $96,100
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Eric Stevens

    Stevens Real Estate

  • S

    Buyer's Agent in 2012

    Sal Passafiume

    Coldwell Banker Riviera Realty, Inc.

    (609) 879-9241

    1 in this area

    1 Total Sale

    Sal Passafiume
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC220260

Bright MLS

APN: 18-00004-25-00021

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

123 E 16th St, Long Beach Township, NJ

This home is located at 123 E 16th St, Long Beach Township, NJ 08008 since 19 July 2011 and is currently estimated at $1,709,420, approximately $1,101 per square foot. This property was built in 1955. 123 E 16th St is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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