$719,900

1403 Loretta Ave Mays Landing, NJ 08330

Estimated payment $4,609/month

Total Views 1,888
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Living Room
  • Baseboard Heating
  • Dining Area

About This Home

Rare Investment Opportunity in Mays Landing! This well-maintained quadplex features four spacious 2-bedroom, 1-bath units, each offering excellent rental income potential. Legally zoned as a quadplex, this property presents a unique opportunity to either generate steady cash flow or live in one unit while renting out the other three making this a turnkey investment ideal for long-term tenants. Each unit offers two good-sized bedrooms, one full bath, and comfortable living space. Whether you're a seasoned investor or looking to start your real estate portfolio, opportunities like this don’t come around often. Don't miss your chance to own a solid income-producing property in a desirable location!

Listing Agent

Hamed Payandehfar

Century 21 Action Plus Realty - Northfield License #1434018 Listed on: 07/24/2025

Century 21 Action Plus Realty - Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,590

Lot Details

  • Lot Dimensions are 135 x 170

Home Design

  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Crawl Space
  • Stove

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,590

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 07/24/2025
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Living Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 135 X 170

Rental Info

  • Rental Information: Yearly

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 4
  • Separate Meters: Electric, Gas

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $7,590 $268,300 $40,300 $228,000
2023 $7,276 $268,300 $40,300 $228,000
2022 $7,276 $268,300 $40,300 $228,000
2021 $7,295 $268,300 $40,300 $228,000
2020 $7,083 $268,300 $40,300 $228,000
2019 $6,877 $268,300 $40,300 $228,000
2018 $6,780 $268,300 $40,300 $228,000
2017 $6,812 $268,300 $40,300 $228,000
2016 $6,525 $268,300 $40,300 $228,000
2015 $6,249 $268,300 $40,300 $228,000
2014 $3,970 $110,500 $30,300 $80,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $719,900 +20.0% --
11/18/2024 11/18/24 Sold $600,000 -7.7% --
09/26/2024 09/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $649,900 +8.3% --
08/21/2024 08/21/24 Off Market $600,000 -- --
08/07/2024 08/07/24 For Sale $649,900 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $600,000 Group 21 Title
Deed $331,000 Surety Title
Deed $212,000 The Title Company
Bargain Sale Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $230,000 Construction
Previous Owner $160,000 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $102,000 Unknown
Previous Owner $100,000 No Value Available
Source: Public Records

Source: South Jersey Shore Regional MLS

MLS Number: 598613

South Jersey Shore Regional MLS

APN: 23-00109-0000-00008