NOT LISTED FOR SALE

1509 NW Central Ave Unit 11 Seaside Park, NJ 08752

Estimated Value: $579,003 - $801,000

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 07, 2019

Last sale price $275,000

Est. 146% increase in value since last sale

Current estimated payment $4,219/month

1,208 Days on Market

Highlights

  • Bayside
  • 1-Story Property
  • 3-minute walk to Lake Avenue Playground and Beach
  • Zoned Heating and Cooling

About This Home

As of May 2019

An investor's dream in Seaside Park! This immaculate income-producing property with three spacious units sits in an ultra-desirable location just steps to the beach. All units are currently rented on an annual basis, generating a yearly gross income of $32,400. Each unit conveniently has a separate utility meter and features bright, comfortable living space a stone's throw from the water. The exterior of the home is meticulously maintained with outdoor areas for relaxing with coffee, storing bikes, etc., as well as off-street parking. All units have central air and natural gas. The prime location is close to the bay, the ocean, as well as stores and restaurants.

Last Agent to Sell the Property

Anthony Conselice

Arthur Rue Agency License #7937355 Listed on: 11/22/2015

Last Buyer's Agent

Anthony Conselice

Arthur Rue Agency License #7937355 Listed on: 11/22/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1920

Lot Details

  • 4,008

Parking

  • Common or Shared Parking

Home Design

  • Triplex
  • Slab Foundation
  • Stucco Exterior

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 1-Story Property
  • Lot Dimensions are 40 x 100
  • Bayside

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 28-00075-01-00045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,524

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Bayside
  • Subdivision Name: None
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Lot Description Bayside2: Yes
  • Siding Stucco - Cement: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Slab
  • Basement: No
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Waterfront: No
  • Construction Type: Stucco

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common
  • General Property Info:Garage: No
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 28-00075-01-00045
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Hot Water, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4524.0
  • Tax Other Annual Assessment Amount: 325500.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Amoruso and Jeannette
Bought by
Amoruso Louis A and Dean Kathleen
Total Days on Market
1208
Current Estimated Value
$676,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$144,485
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$532,016

Purchase Details

Listed on
Nov 22, 2015
Closed on
May 7, 2019
Sold by
Christensen Dennis and Christensen Suzanne
Bought by
Amoruso Louis and Amoruso Jeanette
Seller's Agent
Anthony Conselice
Arthur Rue Agency
Buyer's Agent
Anthony Conselice
Arthur Rue Agency
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amoruso Louis A $275,000 Van Dyke Peter J
Amoruso Louis $275,000 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoruso Louis A $155,000
Previous Owner Christensen Dennis $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $275,000 -- --
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
2024 $5,237 $325,500 $200,000 $125,500
2023 $5,052 $325,500 $200,000 $125,500
2022 $5,052 $325,500 $200,000 $125,500
2021 $4,944 $325,500 $200,000 $125,500
2020 $4,892 $325,500 $200,000 $125,500
2019 $4,840 $325,500 $200,000 $125,500
2018 $4,524 $325,500 $200,000 $125,500
2017 $4,593 $325,500 $200,000 $125,500
2016 $4,271 $325,500 $200,000 $125,500
2015 $4,456 $325,500 $200,000 $125,500
2014 $3,436 $262,700 $200,000 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21543985

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00075-01-00045