NOT LISTED FOR SALE

Estimated Value: $1,412,000 - $2,225,034

Studio
2 Baths
1,382 Sq Ft
$1,344/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $1,100,000 $796 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,735/month

9 Days on Market

Highlights

  • Ocean View
  • Cape Cod Architecture
  • No HOA
  • Building is oceanfront but unit may not have water views
  • Main Floor Bedroom
  • Detached Garage

About This Home

As of November 2017

Oversized 60 x 125 lot located ONE OFF the beach on desirable 26th St in Barnegat Light. This property is a legal duplex with the front home featuring 4 bedrooms and 2 full baths. The separate second unit is above a detached 2 car garage and has 2 bedrooms and 1 bath. Many options for this property- Build brand new on the 60 x 125 lot and have phenomenal ocean views or keep as is and rent one unit while living in the other, or collect income on both units.

Last Agent to Sell the Property

Edward Freeman Sr

(609) 900-3534 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673 Listed on: 09/26/2017

Freeman & Company Real Estate

Last Buyer's Agent

Noreen Callahan

(609) 324-7600 mikelittle@kw.com Keller Williams Realty Preferred Properties License #9910021

Keller Williams Realty Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,289

Year Built

  • Built in 1953

Lot Details

  • 7,492

Parking

  • Detached Garage

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • 1,382 Sq Ft Home
  • Brick Fireplace
  • Window Treatments
  • Ocean Views
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Cooktop

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Additional Features

  • Outdoor Shower
  • Building is oceanfront but unit may not have water views
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 02-00049-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,289

Year Built

Built in 1953

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1953
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Oven/Range - Electric, Oven - Self Cleaning, Stove
  • Flooring Type: Laminated, Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1382
  • Living Area Sq Ft: 1382
  • Price Per Sq Ft: 795.95
  • Above Grade Finished Sq Ft: 1382
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 252600.00
  • Land Assessed Value: 593000.00
  • Lot Dimensions: 60x125 irr
  • Zoning: SFR
  • Zoning Description: SFR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826673
  • Tax Annual Amount: 7289.00
  • Assessor Parcel Number: 02-00049-0000-00016
  • Tax Lot: 16
  • Tax Year: 2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Powell Michelle M
Bought by
Pump House Ventures Llc
Current Estimated Value
$1,857,259

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 7, 2017
Sold by
Howell Jeanne
Bought by
Powell Michelle M
Seller's Agent
Edward Freeman Sr
Freeman & Company Real Estate
Buyer's Agent
Noreen Callahan
Keller Williams Realty Preferred Properties
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Mar 13, 2017
Sold by
Mccabe Jacqueline B
Bought by
Mccabe Jacqueine B

Purchase Details

Closed on
Apr 11, 2000
Source: Public Records
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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
Pump House Ventures Llc -- None Available
Powell Michelle M $999,999 Surety Title
Mccabe Jacqueine B -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $1,100,000 0.0% $796 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $1,100,000 -- $796 / Sq Ft
Source: Bright MLS

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 $14,006 $1,389,500 $593,000 $796,500
2024 $12,380 $1,389,500 $593,000 $796,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC162436

Bright MLS

APN: 02-00049-0000-00016

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