NOT LISTED FOR SALE

Estimated Value: $1,427,276 - $1,727,000

-- Bed
2 Baths
1,788 Sq Ft
$909/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $1,375,000 $769 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,555/month

34 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • Outdoor Shower
  • Building is oceanfront but unit may not have water views
  • Bathtub with Shower
  • Electric Baseboard Heater

About This Home

As of October 2022

SURF CITY - OCEANBLOCK DUPLEX - 4th from the Beach on a 40x100 Lot. First Floor has 3 bedrooms, 1 bath and the Second Floor has 2 Bedrooms 1 Bath. Great location on a wide Street in Surf City near restaurants, coffee shops and shopping. Solid rental history at $80K per season. Current flood insurance is $910/year. Showings begin on 7/30/22 during changeover. If you have been waiting for a property that will help you pay for your LBI Beach House, check this one out!

Last Agent to Sell the Property

Gina Laird

RE/MAX of Long Beach Island Listed on: 07/27/2022

Last Buyer's Agent

Gina Laird

RE/MAX of Long Beach Island Listed on: 07/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,413

Year Built

  • Built in 1950

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 100.00
  • Building is oceanfront but unit may not have water views

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,788 Sq Ft Home
  • Crawl Space

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Pool

  • Outdoor Shower

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 32-00011-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,413

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2022-07-30
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: SURF CITY - OCEANBLOCK DUPLEX - 4th from the Beach on a 40x100 Lot. First Floor has 3 bedrooms, 1 bath and the Second Floor has 2 Bedrooms 1 Bath. Great location on a wide Street in Surf City near restaurants, coffee shops and shopping. Solid rental history at $80K per season. Current flood insurance is $910/year. Showings begin on 7/30/22 during changeover. If you have been waiting for a property that will help you pay for your LBI Beach House, check this one out!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Interior Amenities: 2nd Kitchen, Entry Level Bedroom, Kitchen - Eat-In, Tub Shower
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1788
  • Living Area Sq Ft: 1788
  • Price Per Sq Ft: 769.02
  • Above Grade Finished Sq Ft: 1788
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146900.00
  • Land Assessed Value: 675000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Year Assessed: 2021
  • Zoning: RA

Rental Info

  • Units Furnished: All
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3093915
  • Tax Annual Amount: 7413.00
  • Assessor Parcel Number: 32-00011-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1788
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/05/2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 27, 2022
Sold by
Tallman Wayne G and Tallman Dorie
Bought by
Giuliano Steven C and Giuliano Laura A
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Gina Laird
RE/MAX of Long Beach Island
List Price
$1,375,000
Sold Price
$1,375,000
Views
20
Current Estimated Value
$1,625,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,819
Avg. Annual Appreciation
5.95%
Original Mortgage
$647,000
Outstanding Balance
$620,918
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$1,004,901

Purchase Details

Closed on
Jan 25, 2008
Sold by
Krenn Thomas and Krenn Eileen
Bought by
Tallman Wayne G and Tallman Dorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Umbro Michael and Umbro Kimberly
Bought by
Krenn Thomas and Krenn Eileen

Purchase Details

Closed on
Nov 30, 2001
Sold by
Lose John
Bought by
Umbro Michael and Umbro Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
6.67%
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
Giuliano Steven C $1,375,000 --
Tallman Wayne G $870,000 Commonwealth Land Title Insu
Krenn Thomas $700,000 First Jersey Title Svcs Inc
Umbro Michael $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giuliano Steven C $647,000
Previous Owner Tallman Wayne G $417,000
Previous Owner Tallman Wayne G $533,850
Previous Owner Umbro Michael $284,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $1,375,000 0.0% $769 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $1,375,000 0.0% $769 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $1,375,000 -- $769 / 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
2025 $8,572 $821,900 $675,000 $146,900
2024 $8,260 $821,900 $675,000 $146,900
2023 $8,055 $821,900 $675,000 $146,900
2022 $8,055 $821,900 $675,000 $146,900
2021 $7,414 $821,900 $675,000 $146,900
2020 $7,175 $821,900 $675,000 $146,900
2019 $7,159 $821,900 $675,000 $146,900
2018 $7,622 $750,900 $637,200 $113,700
2017 $7,719 $750,900 $637,200 $113,700
2016 $7,532 $750,900 $637,200 $113,700
2015 $7,224 $750,900 $637,200 $113,700
2014 $7,186 $750,900 $637,200 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2011770

Bright MLS

APN: 32-00011-0000-00009