NOT LISTED FOR SALE

2005 Main St Belmar, NJ 07719

Estimated Value: $741,000 - $1,063,856

2 Beds
2 Baths
1,554 Sq Ft
$573/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $650,000 $418 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,317/month

62 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Air Conditioning
  • Wood Flooring
  • Attached Garage
  • Patio

About This Home

As of May 2023

Turn-key updated two family home just one mile from the beach and 2 blocks from Lake Como and the Spring Lake border. 1st and 2nd floor 1 BR, 1 BA units with separate electric meters, separate outdoor spaces, shared laundry and huge elevated front yard on a full 50x150 lot. Cozy HWBB heat, window AC units, and garage and shed storage spaces. Upstairs features recently installed appliances, a walk-in closet, and a glorious sunroom with slider access to a private 2 level deck. Downstairs features newer floors, updated bath, and French doors that open to a private patio. Strong rental history makes this well located property an attractive investment. (Lawn photos have been enhanced for photography purposes.)

Last Agent to Sell the Property

Christopher Heine

Ward Wight Sotheby's International Realty License #0231032 Listed on: 02/03/2023

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Corinne Mccormack

Heritage House Sotheby's International Realty License #1973629

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,091

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Insulated Windows
  • Window Screens
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Heated Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, snow removal, heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 46-00033-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,091

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • Reso Interior Features: Attic - Pull Down Strs
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Garage Heated2: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Deck, Fence, Patio, Storm Door(s), Thermal Window, Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Paved, Off Street, Assigned, Heated Garage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 46-00033-0000-00002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Features Insulated Windows: Yes

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6091.0
  • Tax Other Annual Assessment Amount: 505900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
May 8, 2023
Sold by
Dahrouge Jacqueline
Bought by
Kyalo Joseph and Decowska Joanna
Seller's Agent
Christopher Heine
Ward Wight Sotheby's International Realty
Buyer's Agent
Corinne Mccormack
Heritage House Sotheby's International Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
395
Current Estimated Value
$889,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,964
Avg. Annual Appreciation
14.11%
Original Mortgage
$455,000
Outstanding Balance
$442,186
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$447,778

Purchase Details

Listed on
Oct 10, 2016
Closed on
Apr 5, 2017
Sold by
Tierney Roderic and Byrnes Thomas J
Bought by
Dahrouge Jacqueline and Clark Shane
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Jacqueline Clark
Prudential Zack Shore Properties
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$165,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2008
Sold by
Tierney Rod and Byrnes Thomas J
Bought by
Tierney Rod and Byrnes Thomas J

Purchase Details

Closed on
Dec 18, 2002
Sold by
Tierney Rod
Bought by
Tierney Rod and Thomas Byrnes

Purchase Details

Closed on
Sep 30, 2002
Sold by
Mulligan Patricia
Bought by
Tierney Rod

Purchase Details

Closed on
Apr 26, 2001
Sold by
Zuber Beverly
Bought by
Mulligan Dennis and Tierney Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.88%
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
Kyalo Joseph $650,000 None Listed On Document
Kyalo Joseph $650,000 None Listed On Document
Dahrouge Jacqueline $350,000 None Available
Tierney Rod -- County Line Title Agency Inc
Tierney Rod $114,666 --
Tierney Rod $87,550 --
Mulligan Dennis $191,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyalo Joseph $455,000
Closed Kyalo Joseph $455,000
Previous Owner Dahrouge Jacqueline $165,000
Previous Owner Mulligan Dennis $175,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $650,000 -5.7% $418 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $689,000 -1.4% $443 / Sq Ft
02/03/2023 02/03/23 For Sale $699,000 +99.7% $450 / Sq Ft
04/05/2017 04/05/17 Sold $350,000 -- $225 / Sq Ft
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 $7,420 $786,400 $632,600 $153,800
2024 $6,781 $664,300 $513,300 $151,000
2023 $6,781 $591,700 $475,000 $116,700
2022 $6,034 $505,900 $395,000 $110,900
2021 $6,034 $417,000 $318,300 $98,700
2020 $5,296 $371,400 $275,000 $96,400
2019 $5,292 $362,000 $232,800 $129,200
2018 $5,516 $354,300 $202,500 $151,800
2017 $5,363 $316,000 $168,800 $147,200
2016 $5,244 $297,300 $153,800 $143,500
2015 $6,232 $341,500 $202,400 $139,100
2014 $6,394 $376,100 $212,400 $163,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22303111

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00033-0000-00002