NOT LISTED FOR SALE

Estimated Value: $1,227,000 - $1,647,000

-- Bed
2 Baths
1,584 Sq Ft
$921/Sq Ft Est. Value

Last Sold June 02, 2020

Last sale price $665,000 $420 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $8,540/month

8 Days on Market

Highlights

  • Oceanside
  • More Than Two Accessible Exits
  • Space Heater
  • No HOA

About This Home

As of June 2020

Neat, clean two family home located just a block and a half away from the beach and an easy walk into town. Each apartment has 3 bedrooms, full bath, large living/dining room, well equipped kitchen and back deck. There is also a shared washer/dryer and off street parking. Roof decks, stairs and outside shower are all reported to be 10 years old or less. The first floor apartment is used by the owner. The 2nd floor apartment was rented for the 2017 season at $11,000. Both apartments are offered furnished.

Last Agent to Sell the Property

David Cowles

BHHS Zack Shore REALTORS License #8133142 Listed on: 04/14/2020

BHHS Zack Shore REALTORS

Last Buyer's Agent

Nathan Colmer

The Van Dyk Group - Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1965

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 70.00

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,584 Sq Ft Home
  • Crawl Space

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Space Heater
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Oceanside

Community Details

  • No Home Owners Association
  • North Beach Haven Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 18-00004 13-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,739

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1965
  • Remarks Public: Neat, clean two family home located just a block and a half away from the beach and an easy walk into town. Each apartment has 3 bedrooms, full bath, large living/dining room, well equipped kitchen and back deck. There is also a shared washer/dryer and off street parking. Roof decks, stairs and outside shower are all reported to be 10 years old or less. The first floor apartment is used by the owner. The 2nd floor apartment was rented for the 2017 season at $11,000. Both apartments are offered furnished.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 441.29
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1414

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Space Heater
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87200.00
  • Land Assessed Value: 485000.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 50.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3500.00
  • Year Assessed: 2019
  • Zoning: R-50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3020553
  • Tax Annual Amount: 5739.00
  • Assessor Parcel Number: 18-00004 13-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1584
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/02/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 28, 2020
Sold by
Caruso Dante and Caruso Kay E
Bought by
Smargiassi Michael D and Smargiassi Beth
Seller's Agent
David Cowles
BHHS Zack Shore REALTORS
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Total Days on Market
8
Current Estimated Value
$1,469,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,477
Avg. Annual Appreciation
16.51%
Original Mortgage
$498,750
Outstanding Balance
$450,789
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,023,202

Purchase Details

Closed on
Oct 9, 2001

Purchase Details

Closed on
Feb 2, 1999
Sold by
Caruso Dante and Caruso Torina T
Bought by
Caruso Dante
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
Smargiassi Michael D $665,000 Chicago Title Insurance Co
-- -- --
Caruso Dante -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smargiassi Michael D $498,750
Previous Owner Caruso Dante $67,095
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $665,000 -4.9% $420 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $699,000 -- $441 / 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 $6,402 $721,800 $630,000 $91,800
2023 $6,005 $721,800 $630,000 $91,800
2022 $6,005 $721,800 $630,000 $91,800
2021 $5,818 $721,800 $630,000 $91,800
2020 $5,688 $572,200 $485,000 $87,200
2019 $5,739 $572,200 $485,000 $87,200
2018 $5,568 $572,200 $485,000 $87,200
2017 $5,596 $572,200 $485,000 $87,200
2016 $5,642 $572,200 $485,000 $87,200
2015 $5,636 $572,200 $485,000 $87,200
2014 $5,499 $572,200 $485,000 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC397590

Bright MLS

APN: 18-00004-13-00012