NOT LISTED FOR SALE

1708 B St Belmar, NJ 07719

Estimated Value: $723,000 - $832,000

5 Beds
2 Baths
668 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $625,000 $936 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,560/month

7 Days on Market

Highlights

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

About This Home

As of October 2023

A rare opportunity awaits! This outstanding multi-family property is ideally situated just two blocks from the beach and offers a charming cottage-style home with 2 bedrooms and 1 bathroom. Enjoy the serene atmosphere from the spacious front deck—a perfect spot to unwind and appreciate the surroundings.Not only does this property come with an existing dwelling, but it also includes township-approved plans to build a brand new 3-bedroom, 1-bathroom home with an inviting open-air front porch. Imagine the possibilities of investing in this hidden gem and constructing a new beachside haven. Don't hesitate! Seize the chance to invest in this exceptional property and take advantage of the approved plans to create your dream beach retreat. Act now!*Documents tab for approved plans*

Last Agent to Sell the Property

Enrico Meleo

Nest Seekers New Jersey LLC License #2182946 Listed on: 08/08/2023

Nest Seekers New Jersey LLC

Last Buyer's Agent

Teresa Mitrou

Heritage House Sotheby's International Realty License #1430087

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,082

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 33 x 100

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Belmar Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 07-00173-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,082

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 33 x 100
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.08
  • Waterfront: No

Garage/Parking

  • Garage: No
  • 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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 33 x 100
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00173-0000-00008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5082.0
  • Tax Other Annual Assessment Amount: 374500.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 28, 2023
Sold by
Mandia Louis M
Bought by
Horan William P and Horan Patrice G
Seller's Agent
Enrico Meleo
Nest Seekers New Jersey LLC
Buyer's Agent
Teresa Mitrou
Heritage House Sotheby's International Realty
List Price
$599,999
Sold Price
$625,000
Premium/Discount to List
$25,001
4.17%
Views
282
Current Estimated Value
$774,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,503
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Jun 20, 2017
Closed on
Mar 24, 2018
Sold by
Bussanich Mario
Bought by
Mandia Louis M
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Lauren Corby
Berkshire Hathaway HomeServices Vail Coastal Properties
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$470,681
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2002
Sold by
Pogoda Stan
Bought by
Bussanich Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.01%
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
Horan William P $625,000 Rms Title Services
Mandia Louis M $429,000 Westcor Land Title
Bussanich Mario $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandia Louis M $470,681
Previous Owner Bussanich Mario $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $625,000 +4.2% $936 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $599,999 0.0% $898 / Sq Ft
10/04/2021 10/04/21 Rented $10,500 +600.0% --
09/01/2021 09/01/21 Under Contract -- -- --
08/18/2021 08/18/21 For Rent $1,500 0.0% --
04/16/2018 04/16/18 Sold $429,000 -- $344 / 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 $5,449 $374,500 $316,000 $58,500
2024 $5,265 $374,500 $316,000 $58,500
2023 $5,265 $374,500 $316,000 $58,500
2022 $5,082 $374,500 $316,000 $58,500
2021 $5,082 $374,500 $316,000 $58,500
2020 $5,037 $374,500 $316,000 $58,500
2019 $5,987 $445,100 $316,000 $129,100
2018 $5,461 $442,200 $316,000 $126,200
2017 $5,329 $442,200 $316,000 $126,200
2016 $6,427 $336,300 $226,000 $110,300
2015 $6,070 $316,300 $206,000 $110,300
2014 $5,733 $296,300 $186,000 $110,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Enrico Meleo

    Nest Seekers New Jersey LLC

    (908) 907-3629

    6 in this area

    32 Total Sales

    Enrico Meleo
    Section Image
  • Teresa Mitrou

    Buyer's Agent in 2023

    Teresa Mitrou

    Heritage House Sotheby's International Realty

    (732) 829-3259

    2 in this area

    33 Total Sales

    Teresa Mitrou
    Section Image
  • Paulette Young

    Seller's Agent in 2021

    Paulette Young

    C21/ Schlossbach Realty

    (732) 539-3690

    10 in this area

    13 Total Sales

    Paulette Young
    Section Image

  • J

    Buyer's Agent in 2021

    Joan McDermott

    BHHS Fox & Roach

  • J

    Seller's Agent in 2018

    Jacob Smith

    Ward Wight Sotheby's International Realty

  • L

    Buyer's Agent in 2018

    Lauren Corby

    Berkshire Hathaway HomeServices Vail Coastal Properties

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22321828

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00173-0000-00008

New Jersey Monmouth County Belmar 07719

1708 B St, Belmar, NJ

This home is located at 1708 B St, Belmar, NJ 07719 since 08 August 2023 and is currently estimated at $774,503, approximately $1,159 per square foot. This property was built in 1940. 1708 B St is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High 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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