NOT LISTED FOR SALE

1608 Bay Ave Bay Head, NJ 08742

Estimated Value: $1,035,000 - $1,279,000

3 Beds
2 Baths
-- Sq Ft
0.31 Acres

Last Sold April 23, 2012

Last sale price $532,000

Est. 120% increase in value since last sale

Current estimated payment $6,849/month

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • 1-Story Property
  • Cottage
  • Forced Air Heating System

About This Home

As of March 2020

ANNUAL RENTAL in desirable Bay Head. Walking distance to Bay Head's quaint seaside town and bikeable to the beach. This spacious 3 bedroom, 2 bathroom first floor apartment of an 'Old Bay Header' has tons of closet space, built in shelves, and plenty of outdoor space. Whether it's enjoying a cup of coffee, reading, relaxing or grilling you will have your choice of a quiet front porch or sunny patio. Set back and private, this home backs up to a nature preserve. Hardwood floors throughout. Laundry room and storage shed shared with upstairs unit. Plenty of parking, 2 spots per unit. Don't miss this rare opportunity!

Last Agent to Rent the Property

Cindy Napp

Diane Turton, Realtors-Spring Lake License #1005282 Listed on: 03/11/2020

Diane Turton, Realtors-Spring Lake

Last Renter's Agent

Colleen Tobin

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,166

Year Built

  • 1935

Lot Details

  • 0.31

Parking

  • No Garage

Home Design

  • Duplex
  • Cottage

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bay Head Elementary School
  • Point Pleasant Beach High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Property Available on 3/15/20
  • Assessor Parcel Number 03-00005-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,166

Year Built

1935

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2020-03-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2020-03-15
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • General Property Info # Parking Spaces3: 2
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None
  • Year Built (Public Record): 1935

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

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

Lot Info

  • Parcel #: 03-00005-0000-00011

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bay Head
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2011
Closed on
Apr 23, 2012
Sold by
Wynn Martha F
Bought by
Devlin Robert A and Senkel Tara L
Seller's Agent
Joanne Fiore
RE/MAX Revolution
Buyer's Agent
Helena Loelius
Sitar Realty Company
Sold Price
$532,000
Current Estimated Value
$1,172,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,210
Avg. Annual Appreciation
5.86%
Original Mortgage
$397,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 30, 1998
Sold by
Merlo Frank V and Merlo Lynda Sue
Bought by
Wynn Martha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.95%
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
Devlin Robert A $532,000 Fidelity Natl Title Ins Co
Wynn Martha F $175,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devlin Robert A $485,000
Closed Devlin Robert A $486,500
Closed Devlin Robert A $397,500
Previous Owner Wynn Martha F $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Rented $20,784 +1122.6% --
03/22/2020 03/22/20 Under Contract -- -- --
03/11/2020 03/11/20 For Rent $1,700 0.0% --
04/23/2012 04/23/12 Sold $532,000 -- $186 / 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
2024 $5,166 $532,000 $432,000 $100,000
2023 $4,788 $532,000 $432,000 $100,000
2022 $4,788 $532,000 $432,000 $100,000
2021 $4,671 $532,000 $432,000 $100,000
2020 $4,660 $532,000 $432,000 $100,000
2019 $4,511 $532,000 $432,000 $100,000
2018 $4,474 $532,000 $432,000 $100,000
2017 $4,330 $532,000 $432,000 $100,000
2016 $4,389 $532,000 $432,000 $100,000
2015 $4,432 $532,000 $432,000 $100,000
2014 $4,251 $532,000 $432,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009900

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 03-00005-0000-00011