NOT LISTED FOR SALE

1805 Margerum Ave Belmar, NJ 07719

Estimated Value: $733,000 - $857,237

5 Beds
2 Baths
-- Sq Ft
-- Built

Last Sold October 13, 2023

Last sale price $645,000

Est. 26% increase in value since last sale

Current estimated payment $4,930/month

84 Days on Market

Highlights

  • New Kitchen
  • Home Office
  • Eat-In Kitchen
  • No HOA
  • Porch
  • Living Room

About This Home

As of October 2023

Step into this completely renovated 5-bed, 2-bath beach house in Lake Como, NJ, and immerse yourself in coastal living at its finest. With a unique layout, this home offers privacy and comfort to all its inhabitants. The brand new Kitchen features Quartz counters, stainless appliances, & room for an eat-in table, rare for a beach house. The bedrooms are well-appointed & offer a peaceful retreat after a day of sun and sand. The renovated bathrooms provide space to rinse off after a day at the Jersey Shore. Just a short 1 mile bike ride to the beach, you'll have endless opportunities to enjoy the outdoors. New roof. New windows. Not to be missed.

Last Agent to Sell the Property

David Ten Hoeve

Prive` Haus LLC License #0901340 Listed on: 05/05/2023

Prive` Haus LLC

Last Buyer's Agent

Jeremiah Tanious

Weichert Realtors-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,586

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Laminate Flooring

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 46-00036-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,586

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Reso Flooring: Cement
  • Unit Levels: 2 Story
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Cooling None12: Yes
  • Heating Oil Above Ground: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Kitchen Eat-In: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 9
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 46-00036-0000-00003
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Oct 12, 2023
Sold by
1805 Margerum Associates Llc
Bought by
Lakewood Road Llc
Seller's Agent
David Ten Hoeve
Prive` Haus LLC
Buyer's Agent
Jeremiah Tanious
Weichert Realtors-Princeton
List Price
$749,910
Sold Price
$645,000
Premium/Discount to List
-$104,910
-13.99%
Views
1548
Current Estimated Value
$810,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,559
Avg. Annual Appreciation
12.43%
Original Mortgage
$483,750
Outstanding Balance
$474,781
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$335,778

Purchase Details

Closed on
Nov 14, 2019
Sold by
Viola Frank and Viola Kathleen
Bought by
1805 Margerum Associates Llc

Purchase Details

Closed on
Aug 27, 2007
Sold by
Viola Frank V and Viola Jennifer D
Bought by
Viola Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Ortiz Isaul
Bought by
Viola Frank and Viola Jennifer
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
Lakewood Road Llc $645,000 Land Rush Title
Lakewood Road Llc $645,000 Land Rush Title
1805 Margerum Associates Llc $334,000 None Available
Viola Frank -- Multiple
Viola Frank $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakewood Road Llc $483,750
Closed Lakewood Road Llc $483,750
Previous Owner Viola Frank $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $645,000 -7.8% --
07/28/2023 07/28/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $699,910 -2.1% --
05/15/2023 05/15/23 Price Changed $714,910 -4.7% --
05/05/2023 05/05/23 For Sale $749,910 -- --
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 $7,586 $794,900 $555,800 $239,100
2024 $7,085 $679,100 $451,300 $227,800
2023 $7,085 $618,200 $428,500 $189,700
2022 $6,742 $537,600 $357,000 $180,600
2021 $6,742 $465,900 $305,300 $160,600
2020 $5,777 $405,100 $231,000 $174,100
2019 $5,544 $379,200 $205,800 $173,400
2018 $5,551 $356,500 $189,000 $167,500
2017 $5,368 $316,300 $179,600 $136,700
2016 $5,253 $297,800 $163,600 $134,200
2015 $6,128 $335,800 $187,500 $148,300
2014 $6,326 $372,100 $197,500 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312058

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00036-0000-00003