NOT LISTED FOR SALE

204 11th Ave Belmar, NJ 07719

Belmar Area

Estimated Value: $1,132,000 - $1,960,471

13 Beds
5 Baths
4,559 Sq Ft
$373/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2019

Last sale price $829,000 $182 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,375 / mo

7 Days on Market

Highlights

  • 1 Fireplace
  • Multiple cooling system units
  • Level Lot
  • Zoned Heating and Cooling System
  • Storm Doors
  • 4-minute walk to Belmar Beach Playground

About This Home

As of March 2019

Spacious Victorian three family property in a fantastic location appx one block to the beach! This updated investment home includes a 4BR, 1.5BA first floor unit w/ central air & laundry in basement, an updated 6BR, 1.5BA unit on the 2nd & 3rd floor w/ laundry & a detached private 3BR, 1BA two level carriage house with covered patio & utility/storage room. The main house's fantastic front porch was upgraded in 2016 with new support columns, railings, ceiling & paint. First floor unit has a renovated full bathroom (2015) & new a/c condenser (2016). Back house has a new roof (2017), new kitchen & bathroom (2015). Storm doors for all units were replaced in 2016. Property has a long driveway, off-street parking for three cars, nice yard & generates nearly $80,000 in annual gross rental income.

Last Agent to Sell the Property

Jacob Smith

Ward Wight Sotheby's International Realty Listed on: 01/25/2019

Last Buyer's Agent

Carolyn Pinnola

Keller Williams Realty West Monmouth

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

  • $9,818

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,559 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 13 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Schools

  • Belmar Middle School

Utilities

  • Multiple cooling system units
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Baseboard Heater
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, water, snow removal, sewer, heat, gas, electricity
  • The owner pays for yard maintenance
  • Assessor Parcel Number 07-00101-0000-00016

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,448
  • Gross Income $79,475
  • Net Operating Income $65,209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,818

Year Built

Built in 1922

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Year Built: 1922
  • Contract Info List PriceSqFt: 181.84
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Storm Door(s): Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Income Expenses Insurance Expense: 3448.0
  • Income Expenses Gross Income2: 79475.0
  • Income Expenses Net Income: 65209.0
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 2 Washer Hookup2: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space, Partial, Slab
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 13
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Storm Door(s)
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 07-00101-0000-00016

Rental Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9818.0
  • Tax Other Annual Assessment Amount: 852300.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 79475.0
  • Insurance Expense: 3448.0

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

Listed on
Jan 25, 2019
Closed on
Mar 29, 2019
Sold by
Bought by
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Carolyn Pinnola
Keller Williams Realty West Monmouth
Sold Price
$829,000
Current Estimated Value
$1,701,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,618
Avg. Annual Appreciation
10.18%
Original Mortgage
$429,000
Outstanding Balance
$369,327
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,332,291

Purchase Details

Listed on
Oct 19, 2013
Closed on
May 9, 2014
Sold by
Bought by
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Paulette Young
C21/ Schlossbach Realty
Sold Price
$760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
May 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2001
Sold by
Bought by
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

  • Christina Roche Real Estate Agent - NEXTHOME PREMIER

    Christina Roche

    NEXTHOME PREMIER

    (848) 281-0595

    81 Total Sales

    1 in Belmar

    $1,899,999 Price

    Christina Roche
     Section Image
  • Jacqueline Clark Real Estate Agent - Ward Wight Sotheby's International Realty

    Jacqueline Clark

    Ward Wight Sotheby's International Realty

    (888) 415-9247

    27 Total Sales

    5 in Belmar

    $275K - $1.8M Price Range

    Jacqueline Clark
     Section Image
  • Christopher Morales Real Estate Agent - Allegro Agency

    Christopher Morales

    Allegro Agency

    (609) 913-3643

    50 Total Sales

    1 in Belmar

    $600,000 Price

    Christopher Morales
     Section Image
  • Mikaela Arpino Real Estate Agent - NJ Real Estate Boutique, LLC

    Mikaela Arpino

    NJ Real Estate Boutique, LLC

    (862) 860-1682

    334 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

    89 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
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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
$810,947 First Integrity Title Agcy
$760,000 First American Title Ins Co
$750,000 --
$350,000 --
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 $429,000
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 Prior Sale
03/25/2019 03/25/19 Sold $829,000 +9.1% $182 / Sq Ft
05/09/2014 05/09/14 Sold $760,000 -- $231 / Sq Ft View Prior Sale
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 $12,482 $795,000 $500,000 $295,000
2025 $12,482 $795,000 $500,000 $295,000
2024 $11,178 $795,000 $500,000 $295,000
2023 $11,178 $795,000 $500,000 $295,000
2022 $10,788 $795,000 $500,000 $295,000
2021 $10,788 $795,000 $500,000 $295,000
2020 $10,693 $795,000 $500,000 $295,000
2019 $10,693 $795,000 $500,000 $295,000
2018 $9,818 $795,000 $500,000 $295,000
2017 $9,580 $795,000 $500,000 $295,000
2016 $11,613 $607,700 $260,000 $347,700
2015 $11,278 $587,700 $240,000 $347,700
2014 $10,985 $567,700 $220,000 $347,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jacob Smith

    Ward Wight Sotheby's International Realty

  • C

    Buyer's Agent in 2019

    Carolyn Pinnola

    Keller Williams Realty West Monmouth

  • Paulette Young Real Estate Agent - C21/ Schlossbach Realty

    Buyer's Agent in 2014

    Paulette Young

    C21/ Schlossbach Realty

    (732) 539-3690

    9 Total Sales

    Paulette Young
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21903356

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00101-0000-00016

New Jersey Monmouth County Belmar 07719

204 11th 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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