NOT LISTED FOR SALE

123 E 21st St Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $765,000 - $1,377,000

-- Bed
1 Bath
832 Sq Ft
$1,235/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $352,500 $424 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $6,083/month

245 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Oceanside
  • Main Floor Bedroom
  • Outdoor Shower

About This Home

As of August 2018

Good opportunities come in small packages!! Legal Triplex located 2nd off the oceanfront in the heart of Ship Bottom. Front house includes 2 units each w/ 1 Bed/1 Bath and the 2nd fl unit has a little peak of the ocean from the deck. Secluded Rear Cottage is also a perfect little get-away. Ground level trex decking between the front and back house for outdoor entertaining. Outdoor Shower and Wash/Dryer are shared. 1 Tankless H/W system for all 3 units and 2nd fl has heated tile floor in bathroom. Property is being sold 'As Is' ready for someone to rehab or tear down and start over (variance required). Buyer responsible for C.O. Short Sale - 3rd Party approval needed. Solid rental history over the years. Your LBI dream starts here!

Last Agent to Sell the Property

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 11/03/2016

Last Buyer's Agent

Eileen Matson

Mary Allen Realty, Inc. License #8635959 Listed on: 11/03/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1930

Lot Details

  • 2,004

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Asbestos

Interior Spaces

  • Main Floor Bedroom
  • 832 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Window Screens
  • Ocean Views
  • Crawl Space
  • Storm Doors
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck

Additional Features

  • Lot Dimensions are 20x100
  • Flood Risk

Community Details

  • No Home Owners Association
  • 3 Units
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 29-00045-0000-00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1930
  • Remarks Public: Good opportunities come in small packages!! Legal Triplex located 2nd off the oceanfront in the heart of Ship Bottom. Front house includes 2 units each w/ 1 Bed/1 Bath and the 2nd fl unit has a little peak of the ocean from the deck. Secluded Rear Cottage is also a perfect little get-away. Ground level trex decking between the front and back house for outdoor entertaining. Outdoor Shower and Wash/Dryer are shared. 1 Tankless H/W system for all 3 units and 2nd fl has heated tile floor in bathroom. Property is being sold 'As Is' ready for someone to rehab or tear down and start over (variance required). Buyer responsible for C.O. Short Sale - 3rd Party approval needed. Solid rental history over the years. Your LBI dream starts here!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked, Stove
  • Flooring Type: Tile/Brick, Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Ceiling Fan(s)
  • Window Features: Double Hung, Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 832
  • Living Area Sq Ft: 832
  • Price Per Sq Ft: 479.57
  • Above Grade Finished Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Asbestos
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Flat
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 97900.00
  • Land Assessed Value: 276000.00
  • Land Lease: No
  • Lot Dimensions: 20x100
  • Outdoor Living Structures: Deck(s)
  • Zoning: R3
  • Zoning Description: R3

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 3076011
  • Tax Annual Amount: 4038.00
  • Assessor Parcel Number: 29-00045-0000-00022
  • Tax Lot: 22
  • Tax Year: 2015
  • Close Date: 08/23/2018

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Nasser Dan
Bought by
Czop Richard and Gaertner Chantal
Current Estimated Value
$1,027,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$227,977
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$799,874

Purchase Details

Closed on
Mar 24, 2021
Sold by
Forestdale Investments Limited Liability
Bought by
Lattanzio Joseph and Lattanzi Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2016
Closed on
Aug 23, 2018
Sold by
Colaizzo Michael V and Colaizzo Theresa M
Bought by
Nasser Dan
Seller's Agent
Eileen Matson
Mary Allen Realty, Inc.
Buyer's Agent
Eileen Matson
Mary Allen Realty, Inc.
List Price
$499,000
Sold Price
$352,500
Premium/Discount to List
-$146,500
-29.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%

Purchase Details

Closed on
Dec 15, 1988
Bought by
Coliazzo Michael and Coliazzo Theresa M
Source: Public Records

Range of Values:

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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
Czop Richard $472,500 American Abstract Agency Llc
Lattanzio Joseph -- None Listed On Document
Nasser Dan $352,500 --
Coliazzo Michael $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Czop Richard $250,000
Closed Czop Richard $250,000
Previous Owner Lattanzio Joseph $429,500
Previous Owner Lattanzio Joseph $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $352,500 -29.4% $424 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $499,000 -- $600 / 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
2025 $5,778 $642,900 $345,000 $297,900
2024 $5,509 $479,500 $345,000 $134,500
2023 $5,078 $479,500 $345,000 $134,500
2022 $5,078 $479,500 $345,000 $134,500
2021 $5,054 $479,500 $345,000 $134,500
2020 $5,068 $479,500 $345,000 $134,500
2019 $5,073 $479,500 $345,000 $134,500
2018 $4,951 $467,100 $345,000 $122,100
2017 $4,629 $467,100 $345,000 $122,100
2016 $4,139 $373,900 $276,000 $97,900
2015 $4,038 $373,900 $276,000 $97,900
2014 $4,034 $373,900 $276,000 $97,900
Source: Public Records

Agents Affiliated with this Home

  • Eileen Matson

    Seller's Agent in 2018

    Eileen Matson

    Mary Allen Realty, Inc.

    (609) 709-9503

    9 in this area

    14 Total Sales

    Eileen Matson
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Map

Source: Bright MLS

MLS Number: NJOC175698

Bright MLS

APN: 29-00045-0000-00022

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

123 E 21st St, Long Beach Township, NJ

This home is located at 123 E 21st St, Long Beach Township, NJ 08008 since 03 November 2016 and is currently estimated at $1,027,851, approximately $1,235 per square foot. This property was built in 1930. 123 E 21st 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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