NOT LISTED FOR SALE

Estimated Value: $2,006,000 - $4,066,407

-- Bed
2 Baths
1,728 Sq Ft
$1,752/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,800,000 $1,042 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $18,020/month

Highlights

  • Ocean Front
  • Wood Flooring
  • More Than Two Accessible Exits
  • Water Access
  • No HOA
  • Outdoor Shower

About This Home

As of October 2020

OCEANFRONT DUPLEX. 1st floor apt. has 3 bedrooms, 1 bath, covered deck, central a/c. 2nd floor apt. has 2 bedrooms, 1 bath, large kitchen, sundeck overlooking the ocean and central a/c. Solid rental history: 2020 Rentals: $70,000. This is also a PRIME BUILDING LOT with CAFRA approval and Jay Madden Architectural plans.

Last Agent to Sell the Property

David Cowles

(609) 290-0779 dcowles@zackshore.com BHHS Zack Shore REALTORS License #8133142 Listed on: 07/20/2020

BHHS Zack Shore REALTORS

Co-Listed By

Michael Cowles

(609) 290-3680 mcowles@zackshore.com BHHS Zack Shore REALTORS License #1431720

Last Buyer's Agent

Laura Dunlap

(609) 290-7686 ldunlap@dianeturton.com BHHS Zack Shore REALTORS License #9694922

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,049

Year Built

  • Built in 1962

Lot Details

  • 4,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 115.00
  • Ocean Front
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Ocean Views

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Beach Haven Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 18-00006 13-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,049

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Ceramic Tile, Vinyl, Wood
  • Fireplace: No
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 1096.64
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Spa: No
  • View: Ocean
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 77900.00
  • Land Assessed Value: 924000.00
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4600.00
  • Zoning: R-50

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3021425
  • Tax Annual Amount: 10049.00
  • Assessor Parcel Number: 18-00006 13-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 15, 2020
Sold by
Aitken A Richard
Bought by
Franzek James C and Franzek Lee
Seller's Agent
David Cowles
BHHS Zack Shore REALTORS
Buyer's Agent
Laura Dunlap
BHHS Zack Shore REALTORS
List Price
$1,999,000
Sold Price
$1,800,000
Premium/Discount to List
-$199,000
-9.95%
Current Estimated Value
$3,028,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,102
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Apr 26, 2019
Sold by
Aitken Holly
Bought by
Aitken A Richard

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 24, 2014
Sold by
Bernson Laurence and Bernson Patricia
Bought by
Aitken A Richard and Aitken Holly
Seller's Agent
Richard Jones
G. Anderson Agency
Buyer's Agent
David Cowles
BHHS Zack Shore REALTORS
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$862,500
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2011
Sold by
Blicharz Richard J
Bought by
Bernson Laurence and Bernson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,999
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Franzek James C $1,800,000 Chicago Title
Aitken A Richard -- Southern Shores Title Agency
Aitken A Richard $1,150,000 Southern Shores Title Agency
Bernson Laurence $999,999 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aitken A Richard $862,500
Previous Owner Bernson Laurence $699,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $1,800,000 -5.0% $1,042 / Sq Ft
08/22/2020 08/22/20 Price Changed $1,895,000 -5.2% $1,097 / Sq Ft
07/20/2020 07/20/20 For Sale $1,999,000 +73.8% $1,157 / Sq Ft
04/29/2014 04/29/14 Sold $1,150,000 -4.1% $666 / Sq Ft View Prior Sale
04/08/2014 04/08/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $1,199,000 -- $694 / Sq Ft
Source: Bright 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
2025 $25,100 $2,810,800 $1,388,000 $1,422,800
2024 $24,932 $2,810,800 $1,388,000 $1,422,800
2023 $23,386 $2,810,800 $1,388,000 $1,422,800
2022 $11,548 $1,388,000 $1,388,000 $0
2021 $12,736 $1,580,100 $1,388,000 $192,100
2020 $9,959 $1,001,900 $924,000 $77,900
2019 $10,049 $1,001,900 $924,000 $77,900
2018 $9,748 $1,001,900 $924,000 $77,900
2017 $9,799 $1,001,900 $924,000 $77,900
2016 $9,879 $1,001,900 $924,000 $77,900
2015 $9,869 $1,001,900 $924,000 $77,900
2014 $9,628 $1,001,900 $924,000 $77,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400500

Bright MLS

APN: 18-00006-13-00003