NOT LISTED FOR SALE

125 E 31st St Ship Bottom, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,508,000 - $1,980,460

Studio
2 Baths
1,996 Sq Ft
$889/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,445,000 $724 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $9,968/month

7 Days on Market

Highlights

  • Ocean View
  • Oceanside
  • Forced Air Heating and Cooling System
  • Second Kitchen
  • No HOA
  • Ceiling Fan

About This Home

As of July 2021

Located 2nd from the White Sandy Beaches of LBI...Bringing in over $70,000 for the summer season...Each unit has 3 Bedrooms 2 Full Baths...Eat in Kitchen, Family Room, Laundry area and with each unit having its own deck and outside shower... Enjoy the money or build your dream home...This is a rental so once rental season starts in June the property will only be allowed to be shown on Saturday change overs between 11-2. So dont wait, get in now!! Owner would prefer a late August closing but might be negotiable.

Last Agent to Sell the Property

Noreen Callahan

(609) 709-0664 ncallahan25@hotmail.com Keller Williams Realty Preferred Properties License #9910021 Listed on: 05/20/2021

Keller Williams Realty Preferred Properties

Last Buyer's Agent

James Butler

(609) 351-3467 jdb@century21.com Century 21 Alliance - Ship Bottom License #8936735

Century 21 Alliance - Ship Bottom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,742

Year Built

  • Built in 1930

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 60.00 x 75.00

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,996 Sq Ft Home
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Second Kitchen
  • Eat-In Kitchen

Outdoor Features

  • Oceanside

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 29-00017-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,742

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-05-20
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: 2nd Kitchen, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 700.90
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 246700.00
  • Land Assessed Value: 675000.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 60.00 x 75.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3075542
  • Tax Annual Amount: 9742.00
  • Assessor Parcel Number: 29-00017-00019
  • Tax Lot: 00019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $1,445,000 +3.3% $724 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,399,000 -- $701 / 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 $8,301 $929,600 $855,000 $74,600
2024 $8,246 $929,600 $855,000 $74,600
Source: Public Records

Agents Affiliated with this Home

  • Noreen Callahan

    Seller's Agent in 2021

    Noreen Callahan

    Keller Williams Realty Preferred Properties

    (609) 709-0664

    30 in this area

    104 Total Sales

    Noreen Callahan
    Section Image
  • James Butler

    Buyer's Agent in 2021

    James Butler

    Century 21 Alliance - Ship Bottom

    (609) 351-3467

    24 in this area

    68 Total Sales

    James Butler
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJOC409884

Bright MLS

APN: 18-00006-28-00006

New Jersey Ocean County Ship Bottom 08008 Long Beach Island

125 E 31st St, Ship Bottom, NJ

Not Listed for Sale

MultiFamily

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