$915,000
SOLD NOV 4, 2021

1802 Parkway Wall Township, NJ 07719

1 Bed
1 Bath
-- Sq Ft
2,614 Sq Ft Lot

Recently Sold

14% Above List Price

17 Days on Market

Highlights

  • Wood Flooring
  • Studio bedroom
  • Shed
  • Air Conditioning
  • Tankless Water Heater
  • Heating System Uses Natural Gas

About This Home

As of January 2025

GREAT INVESTMENT PROPERTY! 4 cottages on TWO LOTS. This tree lined st. is just 4 blocks to the beach and boardwalk and close to restaurants and shops. There are 3 -1 bedroom/1 bath cottages and 1 studio cottage..all have their own gas an electric meters and each lot has 1 water meter that is shared with the 2 cottages. All have tankless water heaters. Can be rented seasonal or annually!

Last Agent to Sell the Property

Robyn Singer

Keller Williams Realty Spring Lake License #1005896 Listed on: 06/11/2021

Keller Williams Realty Spring Lake

Last Buyer's Agent

Nicole Richman

RE/MAX Revolution License #1750804

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Tankless Water Heater

Additional Features

  • Shed
  • Lot Dimensions are 60x94

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Personal items
  • Tenant pays for heat, gas, electricity
  • The owner pays for grounds care, snow removal, sewer
  • Assessor Parcel Number 4600018000000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood
  • New Construction: No
  • Reso Other Structures: Shed
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60x94
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 3 Furnace3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 4 AC Unit10: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 60x94
  • Parcel #: 4600018000000002

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Grounds Care, Snow Removal, Sewer

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Jan 22, 2025
Sold by
Fontanez Michelle
Bought by
Mckenna Daniel L and Mckenna Kate E
Seller's Agent
Nicole Richman
RE/MAX Revolution
Buyer's Agent
Valentina Gabela
Weichert Realtors-Spring Lake
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
18
Current Estimated Value
$915,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,333
Avg. Annual Appreciation
-30.35%

Purchase Details

Closed on
Aug 31, 2021
Sold by
Mermaid Homes Two Llc
Bought by
Fontanez Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
Sep 6, 2019
Sold by
Lauren Nicole Associates Inc
Bought by
Mermaid Homes Two Llc
Seller's Agent
Megan Schnurr
Keller Williams Realty Spring Lake
Buyer's Agent
Robyn Singer
Keller Williams Realty Spring Lake
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
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 Type Sale Price Title Company
Bargain Sale Deed $1,150,000 Heritage Abstract
Bargain Sale Deed $1,150,000 Heritage Abstract
Deed $915,000 Executive Abstract Ttl Agcy
Deed $915,000 Executive Abstract Title
Deed $650,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $732,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $1,150,000 -8.0% --
12/13/2024 12/13/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $1,250,000 0.0% --
10/01/2024 10/01/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $1,250,000 0.0% --
07/22/2024 07/22/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,250,000 +36.6% --
11/04/2021 11/04/21 Sold $915,000 +14.4% --
09/26/2021 09/26/21 For Sale $799,900 0.0% --
06/28/2021 06/28/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $799,900 +23.1% --
09/06/2019 09/06/19 Sold $650,000 -- --
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 $7,024 $690,100 $578,400 $111,700
2024 $5,652 $628,800 $519,200 $109,600
2023 $5,652 $493,200 $395,700 $97,500
2022 $5,671 $473,500 $380,700 $92,800
2021 $5,671 $391,900 $309,400 $82,500
2020 $4,672 $327,600 $246,900 $80,700
2019 $4,776 $326,700 $246,900 $79,800
2018 $4,707 $302,300 $225,800 $76,500
2017 $4,592 $270,600 $196,500 $74,100
2016 $4,578 $259,500 $187,200 $72,300
2015 $4,827 $264,500 $216,600 $47,900
2014 $4,277 $251,600 $157,000 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22118684

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00018-0000-00002