NOT LISTED FOR SALE

1800 Pine Terrace Unit 1802 Belmar, NJ 07719

Estimated Value: $664,000 - $815,357

2 Beds
1 Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold July 10, 2024

Last sale price $650,000

Est. 9% increase in value since last sale

Current estimated payment $4,432/month

118 Days on Market

About This Home

As of July 2024

Great three-family property with excellent rental history! Front house has 3 bedrooms with 1 full bath along with a bonus room/closed in front porch. Front house also has a small back yard! Front house also has central AC. Rear building has 2 units. First floor unit is a studio with 1 bath, 2nd floor unit is a cozy 2 bedroom 1 full bath including a bonus room off the living room! Live in one and rent 2 or rent them all!! Property Sold AS IS

Last Agent to Sell the Property

Patrick Rock

Ward Realty License #2076510 Listed on: 04/16/2024

Last Buyer's Agent

Domenick Degennaro

Weichert Realtors-Sea Girt License #8544858

Weichert Realtors-Sea Girt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Lot Details

  • 4,008

Home Design

  • Triplex
  • Slab Foundation

Basement

  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants Furniture/belongings
  • Assessor Parcel Number 4600016000000032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Slab
  • Basement: No
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenants Furniture/belongings

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Lot Info

  • Parcel #: 4600016000000032

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 24, 2024
Sold by
1800-1802 Pine Terrace Limited Liability
Bought by
Apagano Development Llc
Seller's Agent
Patrick Rock
Ward Realty
Buyer's Agent
Domenick Degennaro
Weichert Realtors-Sea Girt
List Price
$775,000
Sold Price
$650,000
Premium/Discount to List
-$125,000
-16.13%
Views
101
Current Estimated Value
$711,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,089
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Jul 23, 2007
Sold by
Petschauer Frederick J
Bought by
1800-1802 Pine Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Apagano Development Llc $650,000 Fidelity National Title
1800-1802 Pine Terrace Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1800-1802 Pine Terrace Limited Liability $88,285
Previous Owner 1800-1802 Pine Terrace Llc $100,000
Previous Owner Petschauer Frederick J $101,794
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $650,000 -16.1% --
06/04/2024 06/04/24 Pending -- -- --
04/16/2024 04/16/24 Price Changed $775,000 0.0% --
04/16/2024 04/16/24 For Sale $775,000 -13.9% --
03/30/2024 03/30/24 Off Market $899,999 -- --
03/29/2024 03/29/24 For Sale $899,999 0.0% --
02/26/2024 02/26/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $899,999 -- --
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 $6,687 $697,000 $550,000 $147,000
2023 $6,687 $583,500 $440,000 $143,500
2022 $6,895 $560,700 $424,000 $136,700
2021 $6,895 $476,500 $355,000 $121,500
2020 $6,785 $475,800 $360,000 $115,800
2019 $6,937 $474,500 $360,000 $114,500
2018 $6,614 $424,800 $315,000 $109,800
2017 $6,542 $385,500 $279,000 $106,500
2016 $6,753 $382,800 $279,000 $103,800
2015 $7,150 $391,800 $271,500 $120,300
2014 $7,118 $418,700 $280,000 $138,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22403464

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00016-0000-00032