NOT LISTED FOR SALE

200 12th Ave Belmar, NJ 07719

Estimated Value: $1,236,000 - $1,356,000

5 Beds
3 Baths
2,400 Sq Ft
$536/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $600,000 $250 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,784/month

120 Days on Market

Highlights

  • 2 Car Detached Garage
  • Air Conditioning
  • 3-minute walk to Belmar Beach Playground

About This Home

As of August 2017

This property has 3 separate units, all of which are in good condition...first floor is a 3 bedroom apartment, very spacious...second floor has 2 one bedroom apartments...off street parking and a 2 car detached garage...partially finisched basement for storage...coin operated washer dryer...property has excellent rental history or live one block from the beach..no Sandy damage !!!

Last Agent to Sell the Property

Joseph Napolitano

Ward Realty License #0792589 Listed on: 12/22/2016

Last Buyer's Agent

Joseph Napolitano

Prudential Zack Shore Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,360

Lot Details

  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, water, snow removal, sewer, heat, gas, electricity
  • The owner pays for yard maintenance
  • Assessor Parcel Number 0700111000000019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,360

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 X 100
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 X 100
  • Parcel #: 0700111000000019

Rental Info

  • Tenant Pays: Hot Water, Water, Snow Removal, Sewer, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 8360.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Aug 1, 2017
Sold by
200 12Th Llc
Bought by
Belmar Iv Relaty Llc
Seller's Agent
Joseph Napolitano
Ward Realty
Buyer's Agent
Joseph Napolitano
Prudential Zack Shore Properties
Sold Price
$600,000
Current Estimated Value
$1,286,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$686,335
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
May 13, 2007
Sold by
Weissenborn Bari
Bought by
200 12Th Llc

Purchase Details

Closed on
Apr 23, 2004
Sold by
Momich Joseph
Bought by
Weissenborn Bari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.47%
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
Belmar Iv Relaty Llc $600,000 None Available
200 12Th Llc -- Lawyers Title Insurance Corp
Weissenborn Bari $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belmar 1V Realty Llc $3,500,000
Previous Owner Weissenborn Bari $560,000
Previous Owner Weissenborn Bari $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $600,000 0.0% $250 / Sq Ft
08/01/2016 08/01/16 Rented $16,200 -- --
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 $9,294 $661,000 $484,000 $177,000
2023 $9,294 $661,000 $484,000 $177,000
2022 $8,970 $661,000 $484,000 $177,000
2021 $8,970 $661,000 $484,000 $177,000
2020 $8,890 $661,000 $484,000 $177,000
2019 $8,890 $661,000 $484,000 $177,000
2018 $8,163 $661,000 $484,000 $177,000
2017 $7,965 $661,000 $484,000 $177,000
2016 $8,976 $469,700 $244,000 $225,700
2015 $8,630 $449,700 $224,000 $225,700
2014 $6,386 $330,000 $204,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21646475

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00111-0000-00019