1403 Loretta Ave Mays Landing, NJ 08330
Estimated payment $4,348/month
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!
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
Listing and Financial Details
- Legal Lot and Block 109 / 8
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,590 | $268,300 | $40,300 | $228,000 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | Price Changed | $704,900 | -2.1% | -- | |
| 07/24/2025 07/24/25 | For Sale | $719,900 | +20.0% | -- | |
| 11/18/2024 11/18/24 | Sold | $600,000 | -7.7% | -- | View Prior Sale |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $600,000 | Group 21 Title | |
| Deed | $600,000 | Group 21 Title | |
| Deed | $331,000 | Surety Title | |
| Deed | $212,000 | The Title Company | |
| Bargain Sale Deed | $90,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | New Conventional | |
| Closed | $480,000 | New Conventional | |
| Previous Owner | $160,000 | Commercial | |
| Previous Owner | $100,000 | No Value Available |
Source: South Jersey Shore Regional MLS
MLS Number: 598613
APN: 23-00109-0000-00008
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