NOT LISTED FOR SALE

1719 River Rd Belmar, NJ 07719

Estimated Value: $644,000 - $927,571

4 Beds
2 Baths
2,114 Sq Ft
$392/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $810,000 $383 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,949/month

73 Days on Market

Highlights

  • River View
  • Double-Wide Driveway
  • Central Air
  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of December 2023

Attention Investors!! Nice two-familyin desirable Belmar with spectacular views of Shark River! Enjoy the Incredible sunsets from each apartment! This property consists of Two, 2 bedroom, one bath apartments with laminate hardwood floors throughout, spacious living rooms and bedrooms. Both apartments are identical and have a great rental history. New A/C 2023. Parking for 4 cars in the driveway and two car garage. Large yard for barbecues. Convenient access to Route 35 for shopping, marina, beach, playground, tennis court, restaurants and just a short bike ride to Belmar beaches. Walking distance to restaurants and bars. Don't miss the opportunity to make some revenue!

Last Agent to Sell the Property

Margaret Bednarczyk

Realty One Group Emerge License #1221299 Listed on: 07/28/2023

Realty One Group Emerge

Last Buyer's Agent

Robert Ostrom

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1992

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 59 x 105
  • Fenced

Parking

  • 2 Car Detached Garage
  • Double-Wide Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • River Views
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Belmar Elementary And Middle School
  • St. Rose High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Furnace
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: All personal property.
  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 07-00235-0000-00008-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,292

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Riverview
  • Subdivision Name: None
  • Reso Flooring: Wood
  • New Construction: No
  • Year Built: 1992
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 59 x 105
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 4.0
  • Parking Double Wide: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Lot Description Riverview3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exclusions: All personal property.
  • Construction Type: Aluminum Siding

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Double Wide, Detached
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 59 x 105
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00235-0000-00008-01
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5292.0
  • Tax Other Annual Assessment Amount: 390000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Patel Atit and Patel Radhika
Bought by
Kriana Llc
Current Estimated Value
$827,893

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 22, 2023
Sold by
Belmar River Llc
Bought by
Patel Atit and Patel Radhika
Seller's Agent
Margaret Bednarczyk
Realty One Group Emerge
Buyer's Agent
Robert Ostrom
Ward Wight Sotheby's International Realty
List Price
$949,000
Sold Price
$810,000
Premium/Discount to List
-$139,000
-14.65%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$607,500
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2013
Sold by
Leboeuf Frederick D and Leboeuf Linda Ann
Bought by
Belmar River Llc
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
Kriana Llc -- Old Republic National Title
Patel Atit $810,000 Old Republic Title
Belmar River Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Atit $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $810,000 -10.0% $383 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $899,900 -5.2% $426 / Sq Ft
07/28/2023 07/28/23 For Sale $949,000 -- $449 / 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 $5,675 $390,000 $176,300 $213,700
2024 $5,483 $390,000 $176,300 $213,700
2023 $5,483 $390,000 $176,300 $213,700
2022 $5,292 $390,000 $176,300 $213,700
2021 $5,246 $390,000 $176,300 $213,700
2020 $5,246 $390,000 $176,300 $213,700
2019 $5,246 $390,000 $176,300 $213,700
2018 $4,817 $390,000 $176,300 $213,700
2017 $4,700 $390,000 $176,300 $213,700
2016 $5,985 $313,200 $72,100 $241,100
2015 $5,857 $305,200 $64,100 $241,100
2014 -- $321,200 $80,100 $241,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22320784

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00235-0000-00008-01