NOT LISTED FOR SALE

203 2nd St S Brigantine, NJ 08203

Estimated Value: $779,655 - $1,033,000

-- Bed
-- Bath
2,506 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $287,500 $115 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $5,805/month

10 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

LARGE beach block duplex - 4 bedroom 1 bath each unit. First floor unit redone 4 years ago with gas heat, central air, new appliances, flooring, kitchen and bath, and has Tenant on month to month lease @$1250/month. Upstairs unit had long term Tenants (19 years) that recently left and now vacant. Top floor unit not redone and needs updating, all electric with no central air but features cathedral ceilings, fireplace, and attic. Both units extra spacious. All separate utilities. New roof 4 years ago. Great investment property. Possible condo conversion. So many possibilities!

Last Listed By

CATHERINE SORRENTINO

WEICHERT REALTORS BRIGANTINE REALTY License #0565437 Listed on: 06/14/2016

WEICHERT REALTORS BRIGANTINE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,216

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 60x65
  • Building is beachfront but unit may not have water views

Home Design

  • Duplex
  • Wood Siding

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Crawl Space

Parking

  • 1 Parking Space
  • Parking Pad

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,216

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 06/14/2016
  • Year Built: 1955
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Stove, Refrigerator, Washer
  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Wood

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Baseboard, Electric, Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 60X65

Rental Info

  • Rental Information: Monthly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of4 Bedroom Units: 2
  • Separate Meters: Cooling, Cable Tv, Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Sep 9, 2016
Sold by
Mccloskey John and Mccloskey Genevieve
Bought by
Lutz Harry and Lutz Kelley
Seller's Agent
CATHERINE SORRENTINO
WEICHERT REALTORS BRIGANTINE REALTY
Buyer's Agent
CATHERINE SORRENTINO
WEICHERT REALTORS BRIGANTINE REALTY
List Price
$287,500
Sold Price
$287,500
Total Days on Market
10
Current Estimated Value
$914,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,164
Avg. Annual Appreciation
14.21%
Original Mortgage
$215,625
Outstanding Balance
$175,274
Interest Rate
3.48%
Estimated Equity
$739,390

Purchase Details

Listed on
Jun 14, 2016
Closed on
Aug 23, 2016
Sold by
Rowley Colleen and Mccloskey Colleen
Bought by
Lutz Harry and Lutz Kelley
Seller's Agent
CATHERINE SORRENTINO
WEICHERT REALTORS BRIGANTINE REALTY
Buyer's Agent
CATHERINE SORRENTINO
WEICHERT REALTORS BRIGANTINE REALTY
List Price
$287,500
Sold Price
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,625
Outstanding Balance
$175,274
Interest Rate
3.48%
Estimated Equity
$739,390

Purchase Details

Closed on
Feb 11, 1994
Sold by
The Bank Of N Y
Bought by
Mccloskey John Mc and Mccloskey Genevieve Mc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.18%

Purchase Details

Closed on
Mar 4, 1993
Sold by
Dibianca Joseph V Acting Sheriff
Bought by
National Community Bank Of Nj

Range of Values:

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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
Lutz Harry $287,500 --
Lutz Harry $287,500 --
Mccloskey John Mc $115,000 --
National Community Bank Of Nj $106,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Harry $215,625
Previous Owner Mccloskey John Mc $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2016 09/09/16 Sold $287,500 0.0% $115 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $287,500 0.0% $115 / Sq Ft
11/08/2013 11/08/13 Rented -- -- --
10/09/2013 10/09/13 Under Contract -- -- --
08/27/2013 08/27/13 For Rent -- -- --
Source: South Jersey Shore Regional MLS

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
2024 $8,216 $437,000 $226,100 $210,900
2023 $7,591 $437,000 $226,100 $210,900
2022 $7,591 $437,000 $226,100 $210,900
2021 $7,455 $437,000 $226,100 $210,900
2020 $7,377 $437,000 $226,100 $210,900
2019 $7,442 $437,000 $226,100 $210,900
2018 $7,591 $437,000 $226,100 $210,900
2017 $7,713 $437,000 $226,100 $210,900
2016 $7,709 $437,000 $226,100 $210,900
2015 $7,748 $437,000 $226,100 $210,900
2014 $7,460 $437,000 $226,100 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 469742

South Jersey Shore Regional MLS

APN: 03-00601-0000-00010