$290,000
SOLD SEP 11, 2020
-- Bed
-- Bath
1,680 Sq Ft
871 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

17% Below List Price

102 Days on Market

Highlights

  • Ocean View
  • Deck
  • Dining Area
  • Building is beachfront but unit may not have water views
  • Porch

About This Home

As of July 2023

BRING ALL REASONABLE OFFERS!SEIZE THE OPPORTUNITY TO OWN THE ENTIRE 2 BUILDINGS. ONLY DOUBLE TRIPLEX ON STREET OWNED BY SAME INDIVIDUAL. 3 ONE BEDROOMS 1 FULL BATH EACH BULDING-TOTAL 6 1 BEDROOM UNITS 6 BATHS MOTIVATED SELLER OCEAN VIEWS FR ROOFTOP DECK. 100% RENTED CAN GET $800/$850/UNIT MONTHLY. OWNER WILL PROVIDE ACCESS. OWNER RETIRING-GREAT INVEST,MENT ROI SEPERATE METERS SHOULD BE EZ TO SHOW WILL SELL EACH BUILDING INDIVIDUALLY ASKING $175K/EACH BRING ALL OFFERS!

Last Agent to Sell the Property

Robert Shamberg

BHHS DIVERSIFIED REALTY License #0125768 Listed on: 05/07/2020

BHHS DIVERSIFIED REALTY

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,091

Lot Details

  • Lot Dimensions are 18 x 60
  • Building is beachfront but unit may not have water views

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Dining Area
  • Ocean Views
  • Partial Basement
  • Storm Screens

Kitchen

  • <<selfCleaningOvenToken>>
  • Stove

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 6 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,091

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 05/07/2020
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator, Self Cleaning Oven
  • Basement: Partial
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Boardwalk Access, Curbs, Deck, Ocean View, Porch, Sidewalks
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Combination

Utilities

  • Air Conditioner: Wall Units
  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Boardwalk Area
  • Lot Dimensions: 18 X 60

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 6
  • Number Of1 Bedroom Units: 6
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Chinaamerican Realty Inc
Bought by
Jacob Adrian Alexander
Current Estimated Value
$241,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,700
Outstanding Balance
$305,203
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$65,818

Purchase Details

Listed on
May 7, 2020
Closed on
Sep 11, 2020
Sold by
Rappe Anthony
Bought by
Chinaamerican Realty Inc
Seller's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.88%
Original Mortgage
$232,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Griffith Gary
Bought by
Rappe Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,375
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Coffee Johnathan
Bought by
Griffith Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
9.16%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Coffee Johnathan
Bought by
Capital Group Associates New Jersey Inc

Purchase Details

Closed on
Feb 3, 1993
Sold by
Corrado John J and Corrado Julia
Bought by
Coffee Johnathan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $160,000 Clear To Close Title Agency In
Deed $290,000 Equity Plus Land Transfer
Deed $147,500 --
Deed $147,500 --
Bargain Sale Deed $147,500 The Title Company Of Jersey
Deed $113,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $309,700 New Conventional
Previous Owner $232,000 Commercial
Previous Owner $130,000 No Value Available
Previous Owner $125,375 Purchase Money Mortgage
Previous Owner $126,000 Unknown
Previous Owner $84,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $210,000 -12.1% $125 / Sq Ft
05/04/2023 05/04/23 For Sale $239,000 -17.6% $142 / Sq Ft
09/11/2020 09/11/20 Sold $290,000 -3.3% $173 / Sq Ft
06/12/2020 06/12/20 Price Changed $299,900 -14.3% $179 / Sq Ft
05/07/2020 05/07/20 For Sale $350,000 -- $208 / Sq Ft
Source: South Jersey Shore Regional 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 $4,091 $118,500 $49,300 $69,200
2023 $4,476 $118,500 $49,300 $69,200
2022 $4,476 $118,500 $49,300 $69,200
2021 $4,623 $118,500 $49,300 $69,200
2020 $4,662 $118,500 $49,300 $69,200
2019 $4,781 $120,000 $35,000 $85,000
2018 $4,240 $120,000 $35,000 $85,000
2017 $5,645 $165,000 $82,500 $82,500
2016 $6,369 $165,000 $82,500 $82,500
2015 $6,502 $190,000 $115,000 $75,000
2014 $6,361 $190,000 $115,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536672

South Jersey Shore Regional MLS

APN: 02-00036-0000-00072