NOT LISTED FOR SALE

1426 Ocean Ave Point Pleasant Beach, NJ 08742

Point Pleasant Beach Neighborhood

Estimated Value: $1,176,000 - $1,284,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold March 01, 2023

Last sale price $999,999

Est. 25% increase in value since last sale

Current estimated payment $7,715/month

206 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Wood Flooring
  • G Harold Antrim Elementary School Rated A-
  • Oceanside
  • Patio

About This Home

As of March 2023

A great investment opportunity awaits you to own a 2-family home on Ocean Ave. with Private Beach access-Ocean views from the second-floor family room. The first floor features a front porch then a living room and dining area-Newer Kitchen including built-in Washer & Dryer-3 Bedrooms a full Bath. Also, an outside Shower and Patio Area for grilling. The second level has a separate entrance with a spacious open floor plan-which includes living and dining area-Also a large separate bedroom and full bath-Then the family room for extra guests and a view of the Ocean-This Home situated on a 50 x 105 lot can easily be turned into a single family or use as an income property with a great rental history-both summer and winter-just sit on the Beach and enjoy the Ocean Breezes-plenty of parking.

Last Agent to Sell the Property

Filomena Ludovico

Coldwell Banker Riviera Realty License #0230313 Listed on: 08/04/2022

Coldwell Banker Riviera Realty

Last Buyer's Agent

Filomena Ludovico

Coldwell Banker Riviera Realty License #0230313 Listed on: 08/04/2022

Coldwell Banker Riviera Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,808

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 105
  • Ocean Front
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Oceanside
  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Schools

  • Antrim Elementary School
  • Point Pleasant Beach High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal-Furniture is negotiable
  • Assessor Parcel Number 26-00017-01-00052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,808

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level, Oceanside
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanfront: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 105
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Cooling Multi Units: Yes
  • SidingCedarShake: Yes
  • General Property Info # Parking Spaces: 4.0
  • Exterior Ocean View: Yes
  • Exterior Shed3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Beach Access2: Yes
  • Exterior BBQ2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront Features: Oceanfront
  • Waterfront: Yes
  • Exclusions: Personal-Furniture is negotiable
  • Construction Type: Shake Siding
  • Exterior Features: Fence, Patio, Storm Door(s), BBQ, Beach Access, Ocean View, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 50 x 105
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-00017-01-00052
  • Zoning Description: Single Family, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11808.0
  • Tax Other Annual Assessment Amount: 745900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Feb 10, 2023
Sold by
Hamilton Jonathan V
Bought by
Cabana Hanna Llc
Seller's Agent
Filomena Ludovico
Coldwell Banker Riviera Realty
Buyer's Agent
Filomena Ludovico
Coldwell Banker Riviera Realty
List Price
$1,195,000
Sold Price
$999,999
Premium/Discount to List
-$195,001
-16.32%
Views
136
Current Estimated Value
$1,253,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,765
Avg. Annual Appreciation
9.02%
Original Mortgage
$749,999
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2018
Sold by
Moc 1426 Ocean Llc
Bought by
Hamilton Jonathan V

Purchase Details

Closed on
Apr 17, 2017
Sold by
Ocean County Sheriff
Bought by
Moc 1426 Ocean Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Hamilton Jeanne M
Bought by
Lavorgna Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Cabana Hanna Llc $999,999 Surety Title
Cabana Hanna Llc $999,999 Surety Title
Hamilton Jonathan V -- None Available
Moc 1426 Ocean Llc $515,000 --
Lavorgna Kelly $925,000 Allwood Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabana Hanna Llc $749,999
Previous Owner Lavorgna Kelly $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $999,999 -16.3% --
02/26/2023 02/26/23 Pending -- -- --
08/03/2022 08/03/22 For Sale $1,195,000 0.0% --
12/15/2020 12/15/20 Rented $1,300 0.0% --
12/12/2020 12/12/20 Under Contract -- -- --
12/09/2020 12/09/20 For Rent $1,300 -16.1% --
10/01/2017 10/01/17 Rented $1,550 -- --
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
2025 $12,815 $745,900 $613,000 $132,900
2024 $12,427 $745,900 $613,000 $132,900
2023 $12,076 $745,900 $613,000 $132,900
2022 $12,076 $745,900 $613,000 $132,900
2021 $11,808 $745,900 $613,000 $132,900
2020 $11,793 $745,900 $613,000 $132,900
2019 $11,629 $745,900 $613,000 $132,900
2018 $11,450 $745,900 $613,000 $132,900
2017 $11,271 $745,900 $613,000 $132,900
2016 $11,323 $745,900 $613,000 $132,900
2015 $11,233 $745,900 $613,000 $132,900
2014 $11,181 $745,900 $613,000 $132,900
Source: Public Records

Agents Affiliated with this Home

  • Filomena Ludovico

    Seller's Agent in 2023

    Filomena Ludovico

    Coldwell Banker Riviera Realty

    (732) 604-8704

    5 in this area

    33 Total Sales

    Filomena Ludovico
    Section Image
  • Jeffrey Childers

    Buyer's Agent in 2020

    Jeffrey Childers

    Childers Sotheby's Intl Realty

    (732) 779-3087

    8 in this area

    170 Total Sales

    Jeffrey Childers
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22224522

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 26-00017-01-00052

New Jersey Ocean County Point Pleasant Beach 08742 Point Pleasant Beach

1426 Ocean Ave, Point Pleasant Beach, NJ

This home is located at 1426 Ocean Ave, Point Pleasant Beach, NJ 08742 since 04 August 2022 and is currently estimated at $1,253,764. 1426 Ocean Ave is a home located in Ocean County with nearby schools including G Harold Antrim Elementary School, Point Pleasant Beach High School, and St. Peter 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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