NOT LISTED FOR SALE

202 12th Ave Belmar, NJ 07719

Estimated Value: $964,000 - $1,327,000

4 Beds
2.5 Baths
1,662 Sq Ft
$667/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $779,900 $469 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,520/month

30 Days on Market

Highlights

  • Air Conditioning
  • Level Lot
  • 3-minute walk to Belmar Beach Playground
  • Fenced
  • 1-Story Property

About This Home

As of July 2021

Are you dreaming of a rocking chair porch, charming two-family, less than 10 homes to the beach, boardwalk and eateries? First floor unit boasts of 2 to 3 bedrooms w/good closet space or take one bedroom as an office. 1.5 baths, living room, dining room, kitchen, hardwood floors. Live year round or relax in your summer home while renting out the upstairs unit--1 bedroom apt with an office alcove, living room, kitchen with screened in porch, separate entrance. Walk to Main Street or to the train. Gas heat replaced old system. Nice backyard for entertaining. Entire neighborhood and town are in positive transition. Home across the street, asking 1.5MM. This could be the dawn of your new beginnings....This one won't last. Hurry so you don't have any regrets.

Last Agent to Sell the Property

Diane Kinley

United Real Estate Associates License #0344873 Listed on: 05/02/2021

United Real Estate Associates

Last Buyer's Agent

Steven Porzio

Coldwell Banker Realty License #0789694

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,377

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Common or Shared Parking
  • Off-Street Parking

Schools

  • Belmar Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal belongings, tenant's washer and dryer, perinneal flowers/shrubs provided by tenant
  • Assessor Parcel Number 07-00111-0000-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,377

Year Built

Built in 1957

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1957
  • Contract Info New Construction: No
  • 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
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Personal belongings, tenant's washer and dryer, perinneal flowers/shrubs provided by tenant
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Common, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • GarageParking:Common: 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
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00111-0000-00018
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8377.0
  • Tax Other Annual Assessment Amount: 622800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jul 14, 2021
Sold by
Donate Andrew
Bought by
Demaio Christopher S and Connor David W
Seller's Agent
Diane Kinley
United Real Estate Associates
Buyer's Agent
Steven Porzio
Coldwell Banker Realty
List Price
$779,900
Sold Price
$779,900
Current Estimated Value
$1,107,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,076
Avg. Annual Appreciation
7.81%
Original Mortgage
$584,925
Outstanding Balance
$531,214
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$576,762
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
Demaio Christopher S $779,900 Counsellors Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demaio Christopher S $584,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $779,900 0.0% $469 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $779,900 -- $469 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,062 $622,800 $484,000 $138,800
2024 $8,757 $622,800 $484,000 $138,800
2023 $8,757 $622,800 $484,000 $138,800
2022 $8,451 $622,800 $484,000 $138,800
2021 $8,451 $622,800 $484,000 $138,800
2020 $8,377 $622,800 $484,000 $138,800
2019 $8,377 $622,800 $484,000 $138,800
2018 $7,692 $622,800 $484,000 $138,800
2017 $7,505 $622,800 $484,000 $138,800
2016 $7,151 $374,200 $244,000 $130,200
2015 $6,797 $354,200 $224,000 $130,200
2014 $6,467 $334,200 $204,000 $130,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22113443

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00111-0000-00018

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