NOT LISTED FOR SALE

Estimated Value: $825,000 - $1,369,000

8 Beds
4.5 Baths
1,386 Sq Ft
$799/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2016

Last sale price $570,000 $411 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,900 / mo

19 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • No Heating
  • Air Conditioning
  • Outdoor Storage
  • 1-Story Property

About This Home

As of October 2016

A rare opportunity to own an excellent investment property 15 houses from the beach which is NOT in a flood zone. The property is a 4 Family with 2 separate buildings; 2 units per building. All furniture would be included with the sale so this property is absolutely turn key. Phenomenal rental income with repeat renters; leases available upon request. Beautiful outdoor shower, patio, updated baths. Continue to rent, build new, or do a combination of both. Options are endless!!

Last Agent to Sell the Property

Edward Comune

Realty One Group Emerge License #0895697 Listed on: 07/07/2016

Realty One Group Emerge

Co-Listed By

Mr. Robert White

Jack Green Realty License #0119808

Last Buyer's Agent

Edward Comune

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Water Views
  • Crawl Space

Flooring

  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Belmar Middle School

Utilities

  • Air Conditioning
  • No Heating
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Outdoor Tiki Bar
  • Tenant pays for water, sewer, gas, garbage removal, electricity
  • Assessor Parcel Number 07-00141-0000-00019-02

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Reso View: Waterview
  • Co List Office Mls Id: 1267
  • Co List Office Phone: 732-449-2777
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Laminate, Ceramic Tile
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: x
  • Location Middle School: Belmar
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Roof Timberline: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Floors Laminate2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 4 AC Unit10: Yes
  • Exterior Locked Storage2: Yes
  • Cooling No Heat2: Yes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDQ1MiIsIkxpc3RpbmdJRCI6IjIxNjI2ODg4IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTAxVDE1OjIwOjQwLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE4MzY0IiwiTGljZW5zZWVOYW1lIjoiVGVuLVgifQ.l-085aICWso3wbNvrbicZW4Zyvkcs2YzaN2RPj8CyWg/badge
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Timberline, Flat
  • Waterfront: No
  • Exclusions: Outdoor Tiki Bar
  • Exterior Features: Locked Storage
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • HeatingYN: No
  • Heating:None3: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: x
  • Parcel #: 07-00141-0000-00019-02
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Water, Sewer, Gas, Garbage Removal, Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Other Annual Assessment Amount: 187700.0

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

Closed on
Jul 31, 2023
Sold by
Bought by
Current Estimated Value
$1,107,691

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 30, 2016
Sold by
Bought by
Seller's Agent
Edward Comune
Realty One Group Emerge
Buyer's Agent
Edward Comune
Coldwell Banker Realty
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Apr 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
0.0618%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.0567%
Mortgage Type
Purchase Money Mortgage
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

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
$1,150,000 Green Label Title
$570,000 Attorney
$470,000 Stewart Title Guaranty Co
$519,000 --
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
Previous Owner $376,000
Previous Owner $320,000
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
10/03/2016 10/03/16 Sold $570,000 -- $411 / 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 $10,373 $660,700 $462,200 $198,500
2025 $10,373 $660,700 $462,200 $198,500
2024 $8,158 $660,700 $462,200 $198,500
2023 $8,158 $580,200 $462,200 $118,000
2022 $7,873 $580,200 $462,200 $118,000
2021 $7,873 $580,200 $462,200 $118,000
2020 $7,804 $580,200 $462,200 $118,000
2019 $7,804 $580,200 $462,200 $118,000
2018 $7,165 $580,200 $462,200 $118,000
2017 $6,991 $580,200 $462,200 $118,000
2016 $8,789 $459,900 $272,200 $187,700
2015 $8,442 $439,900 $252,200 $187,700
2014 $8,125 $419,900 $232,200 $187,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21626888

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00141-0000-00019-02

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