NOT LISTED FOR SALE

2002 Ocean Ave Unit Rear Belmar, NJ 07719

Estimated Value: $1,740,000 - $2,951,000

1 Bed
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

Highlights

  • Beach Front
  • Furnished
  • Forced Air Heating and Cooling System
  • Basketball Court
  • Living Room
  • 1-Story Property

About This Home

As of August 2024

*** YEARLY APARTMENT FOR RENT *** Great location, directly across the street from the beach!!! Enjoy the Shore all year long! Cozy and cute 1 bedroom, 1 bath in a very clean apartment. Apt is in the rear of an owner-occupied main house. Available August 1st . Sorry no pets, no smoking, street parking only, no washer & dryer. Furnished. This won't last!

Last Agent to Rent the Property

Victoria Palmer

C21/ Schlossbach Realty License #0457585 Listed on: 06/14/2024

Last Renter's Agent

Katora Yim

Katora Realty, LLC License #9804062

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 5,009

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Furnished
  • Living Room
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Belmar Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Basketball Court
  • Beach Front

Community Details

  • 2 Units

Listing and Financial Details

  • Security Deposit $2,625
  • Property Available on 8/17/24
  • Assessor Parcel Number 07-00200-0000-00017

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-08-17

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Year Built: 2003
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2024-08-17
  • Maintenance Fees Security Deposit3: 2625.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 0
  • Furnished Full2: Yes
  • Water Type Beachfront: Yes
  • Exterior Beachfront3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront Features: Beachfront
  • Waterfront: Yes
  • Exterior Features: Basketball Court

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Parcel #: 07-00200-0000-00017

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 1999
Sold by
Oriscak Joseph
Bought by
Fay Kevin and Fay Kathleen
Current Estimated Value
$2,392,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$80,579
Interest Rate
7.02%
Estimated Equity
$2,311,901
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Fay Kevin $402,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fay Kevin $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Rented $21,408 +1123.3% --
08/19/2024 08/19/24 Under Contract -- -- --
07/17/2024 07/17/24 Price Changed $1,750 -2.5% --
06/14/2024 06/14/24 For Rent $1,795 -- --
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 $22,192 $1,525,200 $1,150,000 $375,200
2024 $21,444 $1,525,200 $1,150,000 $375,200
2023 $21,444 $1,525,200 $1,150,000 $375,200
2022 $20,697 $1,525,200 $1,150,000 $375,200
2021 $20,697 $1,525,200 $1,150,000 $375,200
2020 $20,514 $1,525,200 $1,150,000 $375,200
2019 $20,514 $1,525,200 $1,150,000 $375,200
2018 $18,836 $1,525,200 $1,150,000 $375,200
2017 $18,379 $1,525,200 $1,150,000 $375,200
2016 $20,513 $1,073,400 $645,000 $428,400
2015 $21,174 $1,103,400 $675,000 $428,400
2014 $22,802 $1,178,400 $750,000 $428,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22416807

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00200-0000-00017