NOT LISTED FOR SALE

Estimated Value: $801,000 - $941,000

5 Beds
2 Baths
878 Sq Ft
$994/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $860,000 $979 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,353/month

156 Days on Market

Highlights

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

About This Home

As of July 2024

Here's an opportunity you won't want to miss—a fantastic multi-family property located just two blocks from the beach, featuring two separate dwellings. The front house is a charming 3-bedroom, 1-bathroom cottage. A lovely open-air front porch It's worth noting that the roof was newly installed in 2017. On the property's rear, you'll find another cottage with 2 bedrooms and 1 bathroom, This unit boasts a spacious front deck providing the perfect spot to relax and enjoy the surroundings. Both units have separate gas, electric, and water meters. Whether you're seeking a profitable investment or a perfect vacation retreat, this multi-family property has all the potential you need to make it a success. Don't miss out on the chance to own this gem near the beach—act now!

Last Listed By

Enrico Meleo

Nest Seekers New Jersey LLC License #2182946 Listed on: 03/01/2024

Nest Seekers New Jersey LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,206

Year Built

  • Built in 1940

Lot Details

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

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

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
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00173-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,206

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • 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 Tank: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • 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
  • Total Parking Spaces: 3.0
  • 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 #: 07-00173-0000-00009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6206.0
  • Tax Other Annual Assessment Amount: 441400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 30, 2024
Sold by
Mandia Louis
Bought by
Conlan William
Seller's Agent
Enrico Meleo
Nest Seekers New Jersey LLC
Buyer's Agent
Josh Starner
Sackman Realty
List Price
$875,000
Sold Price
$860,000
Premium/Discount to List
-$15,000
-1.71%
Total Days on Market
156
Views
229
Current Estimated Value
$872,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,330
Avg. Annual Appreciation
-0.66%
Original Mortgage
$710,000
Outstanding Balance
$705,202
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$150,412

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 3, 2021
Sold by
1710 B Llc
Bought by
Mandia Louis
Seller's Agent
Jenifer Karlinski
EXP Realty
Buyer's Agent
Paulette Young
C21/ Schlossbach Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$581,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2020
Sold by
Keating Dougals and Keating Judith
Bought by
1710 B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Winchester Geraldine
Bought by
Keating Douglas and Keating Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2001
Sold by
Dunelewicz Jane
Bought by
Winchester Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,920
Interest Rate
6.88%
Mortgage Type
FHA

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
Conlan William $860,000 Old Republic Title
Mandia Louis $775,000 Executive Abstract Title
1710 B Llc -- Angel Title And Abstract Inc
Keating Douglas $420,000 --
Winchester Geraldine $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conlan William $710,000
Previous Owner Mandia Louis $581,250
Previous Owner 1710 B Llc $353,500
Previous Owner Keating Douglas E $100,000
Previous Owner Keating Douglas $315,000
Previous Owner Winchester Geraldine $129,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $860,000 -1.7% $979 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $875,000 0.0% $997 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $875,000 +12.9% $997 / Sq Ft
01/03/2022 01/03/22 Sold $775,000 0.0% $883 / Sq Ft
11/20/2021 11/20/21 For Sale $775,000 0.0% $883 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $775,000 0.0% $883 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $775,000 -- $883 / 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 $6,206 $441,400 $316,000 $125,400
2023 $6,206 $441,400 $316,000 $125,400
2022 $5,990 $441,400 $316,000 $125,400
2021 $5,990 $441,400 $316,000 $125,400
2020 $5,937 $441,400 $316,000 $125,400
2019 $5,937 $441,400 $316,000 $125,400
2018 $5,451 $441,400 $316,000 $125,400
2017 $5,319 $441,400 $316,000 $125,400
2016 $6,346 $332,100 $226,000 $106,100
2015 $5,989 $312,100 $206,000 $106,100
2014 $5,652 $292,100 $186,000 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22400233

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00173-0000-00009