NOT LISTED FOR SALE

Estimated Value: $1,901,000 - $3,502,386

Studio
2 Baths
1,620 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $1,276,000 $788 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $15,013/month

17 Days on Market

Highlights

  • Water Views
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Building is oceanfront but unit may not have water views
  • Deck
  • Corner Lot

About This Home

As of December 2018

ONE OFF THE OCEAN -55x100 corner lot! Fantastic location! There are only two homes on this ocean block. Rebuild or use as is. Very well maintained cape cod style duplex with attached garage. First floor has central air and heat and offers a spacious living/dining area, kitchen, 2 bedrooms, and laundry room. There is an interior and exterior staircase that will take you to the 2nd floor apartment. This unit has 2 bedrooms, a living room, kitchen and a large deck. The interior staircase gives this duplex the flexibility for single family use. Rent or use units individually or as a whole. This is a legal duplex and rebuild options include single family or side by side duplex. Check this one out soon!

Last Agent to Sell the Property

Gina Laird

glairdlbi@gmail.com RE/MAX of Long Beach Island Listed on: 09/14/2018

Last Buyer's Agent

Gina Laird

glairdlbi@gmail.com RE/MAX of Long Beach Island Listed on: 09/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,524

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 55x100
  • Building is oceanfront but unit may not have water views
  • Corner Lot
  • Level Lot
  • The property's topography is level

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Side-by-Side
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,620 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Treatments
  • Water Views
  • Partial Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Beach Haven Gardens Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 18-00006-05-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,524

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Cape Cod, Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1945
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Tile/Brick, Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s)
  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 740.12
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 86800.00
  • Land Assessed Value: 682500.00
  • Lot Features: Corner, Level
  • Lot Dimensions: 55x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3021327
  • Tax Annual Amount: 7524.00
  • Assessor Parcel Number: 18-00006-05-00008
  • Tax Lot: 8
  • Tax Year: 2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Nolan William Paul and Durner Mary C
Bought by
Grazioli David and Grazioli Jill
Current Estimated Value
$2,562,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,250
Outstanding Balance
$897,026
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$1,665,821

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 6, 2018
Sold by
Kulp Charles J and Kulp Gail F
Bought by
Nolan William Paul and Durner Mary C
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Gina Laird
RE/MAX of Long Beach Island
List Price
$1,199,000
Sold Price
$1,276,000
Premium/Discount to List
$77,000
6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Aug 23, 2007
Sold by
Kulp Charles and Kulp Gail F
Bought by
Kulp Charles and Kulp Gail F
Source: Public Records
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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
Grazioli David $1,410,000 University Ttl Ins Agcy Inc
Grazioli David $1,410,000 University Title
Nolan William Paul $1,276,000 Southern Shores Title Agency
Kulp Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grazioli David $1,031,250
Closed Grazioli David $1,031,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $1,276,000 +6.4% $788 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $1,199,000 -- $740 / Sq Ft
Source: Bright MLS

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 $20,929 $2,343,700 $992,300 $1,351,400
2024 $20,789 $2,343,700 $992,300 $1,351,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC148718

Bright MLS

APN: 18-00006-05-00008