L
Seller's Agent in 2022
Linda Courey-Degnan
Keller Williams Realty Spring Lake
(732) 492-9846
2 in this area
30 Total Sales
205 4th Ave Belmar, NJ 07719
Estimated Value: $1,747,006 - $2,121,000
--
Bed
3
Baths
2,819
Sq Ft
$684/Sq Ft
Est. Value
Highlights
- Air Conditioning
- Zoned Heating
- Level Lot
- Shed
About This Home
As of March 2022Opportunity ABOUNDS! The rare Gem of Belmar: 5-family investment property only 1.5 blocks from the beach/boardwalk, located on a wide street in desired North Belmar! Front house features 3 units and Back house has 2 units. Can be maintained as an investment property or convert to your dream home with rental income in the back house. Multi Zone heat and electric for each unit. Enjoy Belmar for its sandy beaches, downtown, shopping, train and marina! Property is being sold ''as is''. All units are currently occupied. Buyer to honor winter leases starting September 2021.
Last Agent to Sell the Property
Keller Williams Realty Spring Lake License #2186977 Listed on: 08/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,247
Year Built
- Built in 1904
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Level Lot
Interior Spaces
- 3-Story Property
- Partial Basement
- Washer and Dryer Hookup
Kitchen
- Stove
- Dishwasher
Outdoor Features
- Shed
Schools
- Belmar Elementary And Middle School
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Tenant pays for heat, gas, electricity
- The owner pays for yard maintenance, water, snow removal, sewer
- Assessor Parcel Number 07-00041-0000-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2024
Sold by
205 4Th Avenue Cottages Llc
Bought by
Sloane Samuel T and Sloane Amy J
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
$650,000
Outstanding Balance
$642,645
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,284,607
Purchase Details
Listed on
Aug 9, 2021
Closed on
Mar 24, 2022
Sold by
John Demaio
Bought by
205 4Th Avenue Cottages Llc
Seller's Agent
Linda Courey-Degnan
Keller Williams Realty Spring Lake
Buyer's Agent
Kelly Cutillo
Diane Turton, Realtors-Avon
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$1,050,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2015
Sold by
Campaile Lewis
Bought by
Demaio John
Purchase Details
Closed on
Nov 3, 2003
Sold by
Sharrock Carolyn
Bought by
Campanile Demaio John and Campanile Lewis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.88%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sloane Samuel T | -- | None Listed On Document | |
| Sloane Samuel T | -- | None Listed On Document | |
| 205 4Th Avenue Cottages Llc | $1,500,000 | Surety Title | |
| 205 4Th Avenue Cottages Llc | $1,500,000 | Surety Title | |
| Demaio John | -- | Attorney | |
| Campanile Demaio John | $700,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sloane Samuel T | $650,000 | |
| Closed | Sloane Samuel T | $650,000 | |
| Previous Owner | 205 4Th Avenue Cottages Llc | $1,050,000 | |
| Previous Owner | Campanile Demaio John | $560,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | $1,500,000 | +3.4% | $532 / Sq Ft |
| 03/22/2022 03/22/22 | For Sale | $1,450,000 | 0.0% | $514 / Sq Ft |
| 09/24/2021 09/24/21 | Pending | -- | -- | -- |
| 08/09/2021 08/09/21 | For Sale | $1,450,000 | -- | $514 / 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 |
|---|---|---|---|---|
| 2025 | $9,458 | $1,425,800 | $650,000 | $775,800 |
| 2024 | $9,139 | $650,000 | $650,000 | $0 |
| 2023 | $9,139 | $650,000 | $650,000 | $0 |
| 2022 | $13,365 | $984,900 | $650,000 | $334,900 |
| 2021 | $13,365 | $984,900 | $650,000 | $334,900 |
| 2020 | $13,247 | $984,900 | $650,000 | $334,900 |
| 2019 | $12,235 | $909,700 | $650,000 | $259,700 |
| 2018 | $11,235 | $909,700 | $650,000 | $259,700 |
| 2017 | $10,962 | $909,700 | $650,000 | $259,700 |
| 2016 | $9,425 | $493,200 | $250,000 | $243,200 |
| 2015 | $9,465 | $493,200 | $250,000 | $243,200 |
| 2014 | $9,350 | $483,200 | $240,000 | $243,200 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Courey-Degnan
-
Kelly Cutillo
Buyer's Agent in 2022
Kelly Cutillo
Diane Turton, Realtors-Avon
(732) 996-1637
5 in this area
67 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22126334
APN: 07-00041-0000-00002
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