NOT LISTED FOR SALE

1401 River Rd Belmar, NJ 07719

Estimated Value: $834,688 - $1,108,000

8 Beds
4.5 Baths
2,447 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $375,000 $153 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,953/month

457 Days on Market

Highlights

  • River View
  • Attic
  • Cooling Available
  • Wood Flooring
  • Corner Lot
  • 4 Car Garage

About This Home

As of May 2012

Charming, unique, fantastic 1920's colonial w/all original woodwork, H/W flrs, magnificent built-ins, & water views that are truly breathtaking w/2 enclosed wraparound porches! Once a Bed & Breakfast (circa 1940's), this grand 5/Bdrm front home has all the appeal your buyer is looking for. Lovingly maintained, this is the kind of home you are amazed everywhere you look. With 2 separate income properties (2 & 1 Bdrms-great history). Enjoyable to show & sell-this home will surely sell itself.

Last Agent to Sell the Property

Carlan Alcock

Weichert Realtors-Sea Girt License #8635011 Listed on: 12/08/2010

Weichert Realtors-Sea Girt

Co-Listed By

Timothy Cummings

Weichert Realtors-Sea Girt License #9589735

Last Buyer's Agent

Cate Chrostowski

Weichert Realtors-Sea Girt License #0572255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1927

Lot Details

  • 6,970 Sq Ft Lot
  • River Front
  • Corner Lot

Interior Spaces

  • 2,447 Sq Ft Home
  • Wood Flooring
  • River Views
  • Partial Basement
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Car Garage
  • Off-Street Parking

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 0700227000000039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,044

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Corner Lot
  • Co List Office Mls Id: 173
  • Co List Office Phone: 732-974-1000
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1927
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Belmar
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Water Type Riverfront: Yes
  • Water Type Riverview: Yes
  • General Property Info # Parking Spaces: 4.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Basement:Partial: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.16
  • Waterfront Features: Riverfront, Riverview
  • Waterfront: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0700227000000039
  • Zoning Description: Residential, Neighborhood
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 7044.0
  • Tax Other Annual Assessment Amount: 373500.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2010
Closed on
May 18, 2012
Sold by
Ballard Robert A and Ballard Janet
Bought by
Decotiis Nicholas and Conochan Jillian
Seller's Agent
Carlan Alcock
Weichert Realtors-Sea Girt
Buyer's Agent
Cate Chrostowski
Weichert Realtors-Sea Girt
Sold Price
$375,000
Current Estimated Value
$977,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,172
Avg. Annual Appreciation
7.48%
Original Mortgage
$300,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2001
Sold by
Mackenzie Alexander
Bought by
Ballard Robert and Ballard Janet
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Decotiis Nicholas $375,000 Old Republic National Title
Ballard Robert $300,000 --
Ballard Robert $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conochan Jillian $259,000
Closed Conochan Jillian $259,000
Closed Decotiis Nicholas $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $375,000 -- $153 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,676 $474,800 $173,300 $301,500
2023 $6,676 $474,800 $173,300 $301,500
2022 $6,443 $474,800 $173,300 $301,500
2021 $6,443 $474,800 $173,300 $301,500
2020 $6,386 $474,800 $173,300 $301,500
2019 $6,386 $474,800 $173,300 $301,500
2018 $5,864 $474,800 $173,300 $301,500
2017 $5,721 $474,800 $173,300 $301,500
2016 $6,985 $365,500 $70,600 $294,900
2015 $6,860 $357,500 $62,600 $294,900
2014 $7,227 $373,500 $78,600 $294,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carlan Alcock

    Weichert Realtors-Sea Girt

    (732) 974-1000

    2 Total Sales

    Carlan Alcock
    Section Image

  • T

    Seller Co-Listing Agent in 2012

    Timothy Cummings

    Weichert Realtors-Sea Girt

  • C

    Buyer's Agent in 2012

    Cate Chrostowski

    Weichert Realtors-Sea Girt

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21045427

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00227-0000-00039

New Jersey Monmouth County Belmar 07719

1401 River Rd, Belmar, NJ

This home is located at 1401 River Rd, Belmar, NJ 07719 since 08 December 2010 and is currently estimated at $977,172, approximately $399 per square foot. This property was built in 1927. 1401 River Rd is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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