202 16th Ave Belmar, NJ 07719
Belmar NeighborhoodEstimated Value: $735,562 - $1,057,000
4
Beds
2
Baths
658
Sq Ft
$1,346/Sq Ft
Est. Value
Highlights
- Attic
- Level Lot
- 1-Story Property
- Zoned Heating
About This Home
As of May 2019Awesome Investment Opportunity!! This home is located just 1 1/2 blocks from the Belmar Beach and boardwalk. This two family property has 2 units. each unit has an EIK,two bedrooms, living room, and bath.
Last Listed By
Better Homes and Gardens Real Estate Murphy & Co. License #0230874 Listed on: 02/14/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,208
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 50 x 100
- Level Lot
Home Design
- Duplex
- Shingle Siding
Interior Spaces
- 1-Story Property
- Crawl Space
- Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- On-Street Parking
- Off-Street Parking
Schools
- Belmar Elementary And Middle School
- Manasquan High School
Utilities
- Zoned Heating
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Tenant's belongings
- Tenant pays for water, snow removal, gas, electricity
- The owner pays for yard maintenance, sewer
- Assessor Parcel Number 07-00151-0000-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2020
Sold by
Geist Victoria
Bought by
Freise Victoria and Freise Patrick
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$486,189
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$399,702
Purchase Details
Listed on
Feb 14, 2019
Closed on
May 3, 2019
Sold by
Pizza Edward J and Pizza Regina A
Bought by
Geist Victoria
Seller's Agent
Diane Koehler
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Chris Geist
C21/ Sylvia Geist Agency
Sold Price
$525,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$498,713
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 1994
Sold by
Mcvicker Henry
Bought by
Edward Pizza and Regina Pizza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
9.03%
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Similar Homes in Belmar, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Freise Victoria | -- | First American Mortgage Sln | |
| Geist Victoria | $525,000 | Tohickon Settlement Services | |
| Edward Pizza | $102,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Freise Victoria | $540,000 | |
| Closed | Geist Victoria | $498,713 | |
| Previous Owner | Pizza Edward | $73,000 | |
| Previous Owner | Edward Pizza | $81,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2019 05/03/19 | Sold | $525,000 | -- | $798 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,294 | $518,800 | $400,000 | $118,800 |
| 2023 | $7,294 | $518,800 | $400,000 | $118,800 |
| 2022 | $7,040 | $518,800 | $400,000 | $118,800 |
| 2021 | $7,040 | $518,800 | $400,000 | $118,800 |
| 2020 | $6,761 | $502,700 | $400,000 | $102,700 |
| 2019 | $6,761 | $502,700 | $400,000 | $102,700 |
| 2018 | $6,208 | $502,700 | $400,000 | $102,700 |
| 2017 | $6,058 | $502,700 | $400,000 | $102,700 |
| 2016 | $5,920 | $309,800 | $260,000 | $49,800 |
| 2015 | $5,561 | $289,800 | $240,000 | $49,800 |
| 2014 | $5,221 | $269,800 | $220,000 | $49,800 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Koehler
D
Seller's Agent in 2019
Diane Koehler
Better Homes and Gardens Real Estate Murphy & Co.
(732) 299-5471
65 Total Sales
-
Chris Geist
Buyer's Agent in 2019
Chris Geist
C21/ Sylvia Geist Agency
(732) 407-3098
1 in this area
114 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21906116
APN: 07-00151-0000-00025
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