NOT LISTED FOR SALE

Estimated Value: $936,206 - $1,159,000

6 Beds
4.5 Baths
2,856 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $750,000 $263 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,611/month

198 Days on Market

Highlights

  • Deck
  • Attic
  • Walking Distance to Water
  • Property is near public transit and shops
  • No HOA
  • Public Transportation

About This Home

As of March 2021

GREAT INVESTMENT OPPORTUNITY! Located within walking distance of several beaches, this two-family home comes with three bedrooms within each unit spread out on three levels. Potential rental income of $5500 between the two units combined. Annual expenses are less than $6000 a year. Property being sold as-is. One unit is newly renovated. On the upper level, there are three spacious bedrooms and a full bath to share. There is a back yard and dedicated spaces in front of the home for four cars. Agents, please see agent's remarks for additional information.

Last Agent to Sell the Property

Fritz Chery

WEB Realty Company License #RES.0804125 Listed on: 07/31/2020

Last Buyer's Agent

Irene Sorial Sorial

BHGRE Shore & Country License #REB.0794997

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,639

Year Built

  • Built in 1973

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • Ceiling Fan
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Basement Storage

Parking

  • Parking Deck
  • Driveway
  • Paved Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property is near public transit and shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,639

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Neighborhood: Shippan
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2856
  • Public Record Living Room Sq Ft: 2856
  • Total Sq Ft: 2856
  • Year Built: 1973
  • Nearby Amenities: Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4344
  • Directions: Shippan Avenue to Mariners Lane to Nelson Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full, Fully Finished, Heated, Interior Access, Storage, Sump Pump
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer All Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Driveway
  • Driveway Type: Paved, Asphalt

Utilities

  • Cooling System: Ceiling Fans, Wall Unit, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 14
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 9639
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Assessor Parcel Number: 327860

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
2 Nelson St Llc
Bought by
Mousa Peter and Mousa Sally H
Current Estimated Value
$1,058,552

Purchase Details

Closed on
Jul 6, 2022
Sold by
Mousa Peter and Mousa Sally H
Bought by
2 Nelson Street Llc

Purchase Details

Listed on
Jul 31, 2020
Closed on
Mar 22, 2021
Sold by
Berlage Karsten
Bought by
Mousa Peter and Ghabour Sally H
Seller's Agent
Fritz Chery
WEB Realty Company
Buyer's Agent
Irene Sorial Sorial
BHGRE Shore & Country
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$562,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Demaio Louis J and Demaio Toni Ann
Bought by
Berlage Karsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mousa Peter -- None Available
Mousa Peter -- None Available
2 Nelson Street Llc -- None Available
2 Nelson Street Llc -- None Available
Mousa Peter $750,000 None Available
Mousa Peter $750,000 None Available
Berlage Karsten $735,000 --
Berlage Karsten $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mousa Peter $562,500
Previous Owner Berlage Karsten $438,700
Previous Owner Berlage Karsten $514,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $750,000 -6.1% $263 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
10/15/2020 10/15/20 Price Changed $799,000 -3.2% $280 / Sq Ft
07/31/2020 07/31/20 For Sale $825,000 -- $289 / Sq Ft
Source: SmartMLS

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 $13,382 $559,450 $285,850 $273,600
2024 $13,069 $559,450 $285,850 $273,600
2023 $14,121 $559,450 $285,850 $273,600
2022 $9,939 $365,790 $191,770 $174,020
2021 $9,854 $365,790 $191,770 $174,020
2020 $9,639 $365,790 $191,770 $174,020
2019 $9,639 $365,790 $191,770 $174,020
2018 $9,339 $365,790 $191,770 $174,020
2017 $9,283 $345,220 $189,410 $155,810
2016 $9,017 $345,220 $189,410 $155,810
2015 $8,779 $345,220 $189,410 $155,810
2014 $8,558 $345,220 $189,410 $155,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170322491

SmartMLS

APN: STAM-000001-000000-007202