NOT LISTED FOR SALE

1607 River Rd Belmar, NJ 07719

Estimated Value: $619,000 - $883,000

3 Beds
1 Bath
1,560 Sq Ft
$504/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $300,000 $192 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,593/month

35 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating and Cooling System
  • 3-minute walk to Maclearie Park
  • Wood Flooring
  • 1 Car Garage

About This Home

As of August 2018

MAKE ALL REASONABLE OFFERS KNOWN!!Take this opportunity to turn this statuesque river view Victorian back to its original beauty! Large wrap around porch with great views, big living room with 9 ft ceilings & pocket doors, large den, formal dining room, eat in kitchen, 3 nice size bedrooms and a walk up attic with loads of possibilies! Added plus-a detached cottage for extra income/extra family! Garage, full basement, deck, 5yr old furnace and C/A and electrical panel.Bike to the beach,walk to some of the areas best restaurants or go fishing or boating right across the street. Needs some lovin' but could be a great investment with all the redevelopement going on in town!

Last Agent to Sell the Property

Bonnie Hogan

Oliver Brothers Listed on: 02/27/2018

Last Buyer's Agent

Brian Church

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #9591954

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 55 x 138.15
  • Waterfront

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00233-0000-00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,075

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 55 x 138.15
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 55 x 138.15
  • Parcel #: 07-00233-0000-00042

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4075.0
  • Tax Other Annual Assessment Amount: 338200.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Aug 6, 2018
Sold by
Gill William J
Bought by
Louhier Amy
Seller's Agent
Bonnie Hogan
Oliver Brothers
Buyer's Agent
Brian Church
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$300,000
Current Estimated Value
$786,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,517
Avg. Annual Appreciation
13.75%
Original Mortgage
$376,475
Outstanding Balance
$333,765
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$452,752

Purchase Details

Closed on
Dec 18, 2010
Sold by
Ridilla Jessica E and Ridilla Thomas
Bought by
Gill William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
4.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 8, 2004
Sold by
King Jerellyn
Bought by
King Jessica and Ridilla Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Louhier Amy $300,000 Old Republic National Title
Gill William J $362,500 Fidelity Natl Title Ins Co
King Jessica $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louhier Amy $376,475
Previous Owner Gill William J $281,600
Previous Owner King Jessica $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $300,000 -- $192 / Sq Ft
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 $6,102 $419,400 $180,300 $239,100
2024 $5,897 $419,400 $180,300 $239,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bonnie Hogan

    Oliver Brothers

  • Brian Church

    Buyer's Agent in 2018

    Brian Church

    BHHS Fox & Roach

    (732) 272-4072

    70 Total Sales

    Brian Church
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21807300

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00233-0000-00042

New Jersey Monmouth County Belmar 07719

1607 River Rd, Belmar, NJ

Not Listed for Sale

MultiFamily

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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