1254 Pine Tree Way Belmar, NJ 07719
Belmar NeighborhoodEstimated Value: $810,636 - $944,000
4
Beds
2
Baths
1,980
Sq Ft
$448/Sq Ft
Est. Value
About This Home
As of February 2020Meticulously maintained 2 Family Home in Belmar. Each unit has 2 bedrooms and 1 Bath. This is an Incredible opportunity to own a spacious 2 family in Red Hot Belmar! Rent both units or live in one while collecting income on the other. Separate gas, electric and water meters. Centrally located near highways and public transportation. Enjoy all that Belmar has to offer with its many restaurants, shops and activities. Walk to town, short drive or bike ride to beautiful Belmar Beach and marina were you can enjoy fabulous sunrises and sunsets.
Last Listed By
Resources Real Estate Brokerage Phone: 732-212-0440 License #1861578 Listed on: 01/03/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,335
Year Built
- Built in 1979
Lot Details
- Lot Dimensions are 50 x 136
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement
- Crawl Space
Schools
- Belmar Middle School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for water, sewer, heat, gas, electricity
- Assessor Parcel Number 07-00230-0000-00028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2020
Closed on
Feb 6, 2020
Sold by
Kernis Lawrence J and Kernis Tammi M
Bought by
Lemig Brian
Seller's Agent
Stacey Farinacci
Resources Real Estate
Buyer's Agent
Megan Schnurr
Ocean Pointe
Sold Price
$520,000
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,909
Avg. Annual Appreciation
10.20%
Original Mortgage
$364,000
Outstanding Balance
$327,055
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$538,032
Purchase Details
Closed on
Mar 31, 1994
Sold by
Citicorp Mtg
Bought by
Kernis Lawrence and Luttman Tammi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.6%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Similar Homes in Belmar, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemig Brian | $520,000 | Oceanview Title Agency Llc | |
| Kernis Lawrence | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemig Brian | $364,000 | |
| Previous Owner | Kernis Lawrence J | $100,000 | |
| Previous Owner | Kernis Lawrence | $121,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2020 02/14/20 | Sold | $520,000 | -- | $263 / Sq Ft |
| 01/22/2020 01/22/20 | Pending | -- | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $5,170 | $367,700 | $214,000 | $153,700 |
| 2023 | $5,170 | $367,700 | $214,000 | $153,700 |
| 2022 | $4,990 | $367,700 | $214,000 | $153,700 |
| 2021 | $4,990 | $367,700 | $214,000 | $153,700 |
| 2020 | $4,721 | $351,000 | $214,000 | $137,000 |
| 2019 | $4,721 | $351,000 | $214,000 | $137,000 |
| 2018 | $4,335 | $351,000 | $214,000 | $137,000 |
| 2017 | $4,230 | $351,000 | $214,000 | $137,000 |
| 2016 | $4,900 | $256,400 | $87,000 | $169,400 |
| 2015 | $4,728 | $246,400 | $77,000 | $169,400 |
| 2014 | $5,155 | $266,400 | $97,000 | $169,400 |
Source: Public Records
Agents Affiliated with this Home
-
Stacey Farinacci
Seller's Agent in 2020
Stacey Farinacci
Resources Real Estate
(732) 996-9621
1 in this area
38 Total Sales
-
M
Buyer's Agent in 2020
Megan Schnurr
Ocean Pointe
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21946070
APN: 07-00230-0000-00028
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