NOT LISTED FOR SALE

202 16th Ave Belmar, NJ 07719

Belmar Area

Estimated Value: $1,015,631 - $1,214,000

4 Beds
2 Baths
658 Sq Ft
$1,723/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2019

Last sale price $525,000 $798 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,905 / mo

11 Days on Market

Highlights

  • Attic
  • Level Lot
  • 1-Story Property
  • Zoned Heating

About This Home

As of May 2019

Awesome 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 Agent to Sell the Property

Diane Koehler

Better Homes and Gardens Real Estate Murphy & Co. License #0230874 Listed on: 02/14/2019

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

Chris Geist

C21/ Sylvia Geist Agency License #8132363

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
  • Hot Water Baseboard Heater
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,208

Year Built

Built in 1940

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage None4: Yes
  • Siding Shingle: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenant's belongings
  • Construction Type: Shingle Siding

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 07-00151-0000-00025
  • Zoning Description: Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6208.0
  • Tax Other Annual Assessment Amount: 502700.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Geist Victoria
Bought by
Current Estimated Value
$1,133,908

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
$470,923
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$662,985

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
11.06%
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Belmar, NJ

  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    337 Total Sales

    1 in Belmar

    $2,625,000 Price

    Mikaela Arpino
     Section Image
  • MaryBeth Tomaro Real Estate Agent - Keller Williams Realty Central Monmouth

    MaryBeth Tomaro

    Keller Williams Realty Central Monmouth

    (848) 301-2239

    87 Total Sales

    1 in Belmar

    $434,500 Price

    MaryBeth Tomaro
     Section Image
  • Lina Negrey Real Estate Agent - Coldwell Banker Realty

    Lina Negrey

    Coldwell Banker Realty

    (848) 301-1635

    40 Total Sales

    2 in Belmar

    $255K - $901K Price Range

    Lina Negrey
     Section Image
  • Mark Cowan Real Estate Agent - The Gallery Residential Brokerage

    Mark Cowan

    Responds Quickly

    The Gallery Residential Brokerage

    (609) 400-4533

    36 Total Sales

    4 in Belmar

    $500K - $2.5M Price Range

    Mark Cowan
     Section Image
  • Megan Schnurr Real Estate Agent - Keller Williams Realty Spring Lake

    Megan Schnurr

    Keller Williams Realty Spring Lake

    (848) 281-0602

    81 Total Sales

    3 in Belmar

    $440K - $2.5M Price Range

    Megan Schnurr
     Section Image
  • Patricia Hogan Real Estate Agent - Keller Williams Premier

    Patricia Hogan

    Keller Williams Premier

    (267) 589-8207

    253 Total Sales

    2 in Belmar

    $1,350,000 Price Range

    Patricia Hogan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Mortgage Sln
Geist Victoria $525,000 Tohickon Settlement Services
Edward Pizza $102,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Closed Geist Victoria $498,713
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $525,000 -- $798 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,145 $518,800 $400,000 $118,800
2025 $8,145 $518,800 $400,000 $118,800
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

  • DK

    Seller's Agent in 2019

    Diane Koehler

    Better Homes and Gardens Real Estate Murphy & Co.

    (732) 299-5471

    76 Total Sales

    Diane Koehler
    Section Image
  • Chris Geist Real Estate Agent - C21/ Sylvia Geist Agency

    Buyer's Agent in 2019

    Chris Geist

    C21/ Sylvia Geist Agency

    (732) 407-3098

    100 Total Sales

    Chris Geist
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21906116

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00151-0000-00025

New Jersey Monmouth County Belmar 07719

202 16th Ave, Belmar, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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