NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,900,000

-- Bed
2 Baths
1,551 Sq Ft
$1,051/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $720,000 $464 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $9,869/month

104 Days on Market

Highlights

  • Oceanside
  • Deck
  • No HOA
  • Open Floorplan
  • Main Floor Bedroom
  • Patio

About This Home

As of June 2016

This Oceanside two family home has a great location, only one short block to the beach and three blocks to Beach Haven. Each unit features 3 bedrooms, 1 bath, living room, dining room, and a galley kitchen. The backyard is spacious and inviting with ground level decking and a deck on the second floor. Parking is abundant with two driveways. This home is a great investment property and the first floor is fully booked for summer 2016 at $2,200 per week. The exterior features maintenance free vinyl siding and replacement windows. Excellent location! Property being sold AS IS. The lot size is 5,100 square feet and the FFE is above the BFE. The seller is doing a 1031 Tax Deferred Exchange.

Last Agent to Sell the Property

Craig Stefanoni

BHHS Zack Shore REALTORS License #8437113 Listed on: 03/11/2016

BHHS Zack Shore REALTORS

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,740

Year Built

  • Built in 1965

Lot Details

  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Parking

  • Driveway

Home Design

  • Side-by-Side
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,551 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Hung Windows
  • Crawl Space
  • Storm Doors
  • Washer

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Outdoor Shower
  • Oceanside
  • Deck
  • Patio

Location

  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • North Beach Haven Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 18-00004-14-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,740

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Remarks Public: This Oceanside two family home has a great location, only one short block to the beach and three blocks to Beach Haven. Each unit features 3 bedrooms, 1 bath, living room, dining room, and a galley kitchen. The backyard is spacious and inviting with ground level decking and a deck on the second floor. Parking is abundant with two driveways. This home is a great investment property and the first floor is fully booked for summer 2016 at $2,200 per week. The exterior features maintenance free vinyl siding and replacement windows. Excellent location! Property being sold AS IS. The lot size is 5,100 square feet and the FFE is above the BFE. The seller is doing a 1031 Tax Deferred Exchange.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Built-In Microwave, Refrigerator, Oven - Self Cleaning, Washer
  • Flooring Type: Ceramic Tile, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Floor Plan - Open
  • Window Features: Double Hung
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1551
  • Living Area Sq Ft: 1551
  • Price Per Sq Ft: 482.91
  • Above Grade Finished Sq Ft: 1551
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1410

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 77400.00
  • Land Assessed Value: 606900.00
  • Lot Features: Level
  • Lot Dimensions: 57x100 Irr
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Topography: Level
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3020573
  • Tax Annual Amount: 6740.00
  • Assessor Parcel Number: 18-00004-14-00010
  • Tax Lot: 10
  • Tax Year: 2015
  • Close Date: 06/30/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 22, 2016
Sold by
Gorelik Eric
Bought by
Martinez Angel and Guadagnino Martinez Gina
Seller's Agent
Craig Stefanoni
BHHS Zack Shore REALTORS
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Total Days on Market
104
Current Estimated Value
$1,630,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,065
Avg. Annual Appreciation
10.18%
Original Mortgage
$520,377
Outstanding Balance
$426,104
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,283,361

Purchase Details

Closed on
Dec 18, 1998
Sold by
Saeger William T and Saeger Natalie J
Bought by
Gorelik Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.33%
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
Martinez Angel $720,000 --
Gorelik Eric $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Angel $520,377
Previous Owner Gorelik Eric $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $720,000 -3.9% $464 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $749,000 -- $483 / Sq Ft
Source: Bright 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 $8,618 $971,600 $829,400 $142,200
2023 $8,084 $971,600 $829,400 $142,200
2022 $8,084 $971,600 $829,400 $142,200
2021 $7,831 $971,600 $829,400 $142,200
2020 $6,834 $687,500 $606,900 $80,600
2019 $6,896 $687,500 $606,900 $80,600
2018 $6,689 $687,500 $606,900 $80,600
2017 $6,724 $687,500 $606,900 $80,600
2016 $6,747 $684,300 $606,900 $77,400
2015 $6,740 $684,300 $606,900 $77,400
2014 $6,576 $684,300 $606,900 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC185982

Bright MLS

APN: 18-00004-14-00010