NOT LISTED FOR SALE

205 Florence Ave Union Beach, NJ 07735

Estimated Value: $420,000 - $471,000

4 Beds
2 Baths
1,079 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $230,000 $213 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,911/month

162 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Level Lot
  • Shed
  • Fenced

About This Home

As of February 2016

Newly renovated two family home in Union Beach.Walk to beautiful new waterfront.Two units with two bedrooms each. Live in one unit and cover your expenses renting out the other.Completely renovated with new A/C, hardwood floors, new tile. Separate utilities for each unit.

Last Agent to Sell the Property

Mary Etta Gregory

VRI Homes Listed on: 08/19/2015

Last Buyer's Agent

James Darby

Weichert Realtors-Holmdel

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,614

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 42 x 100
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Window Screens
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Memorial Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Sunrise View Subdivision

Listing and Financial Details

  • Tenant pays for water, gas, electricity
  • The owner pays for yard maintenance, sewer, garbage removal
  • Assessor Parcel Number 50-00007-0000-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,614

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: Sunrise View
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 42 x 100
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Parking Spaces: 2.0
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 42 x 100
  • Parcel #: 50-00007-0000-00012
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Water, Gas, Electricity
  • Owner Pays: Yard Maintenance, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4614.0
  • Tax Other Annual Assessment Amount: 160400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Feb 18, 2016
Sold by
Oppen Yosaif
Bought by
Gallopo Matthew and Gallopo Agnes
Seller's Agent
Mary Etta Gregory
VRI Homes
Buyer's Agent
James Darby
Weichert Realtors-Holmdel
Sold Price
$230,000
Current Estimated Value
$433,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,456
Avg. Annual Appreciation
6.86%
Original Mortgage
$225,834
Outstanding Balance
$181,488
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$254,114

Purchase Details

Listed on
Jan 23, 2014
Closed on
May 9, 2014
Sold by
Digangi Anne M
Bought by
Oppen Yosaif
Seller's Agent
Karen McCreadie
Coldwell Banker Realty
Buyer's Agent
Karen McCreadie
Coldwell Banker Res. Brokerage
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.83%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Gerowin Joan
Bought by
Digangi Kenneth and Digangi Anne
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
Gallopo Matthew $230,000 Fidelity National Title Ins
Oppen Yosaif $50,000 Agent For First Amer Title I
Digangi Kenneth $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallopo Matthew $225,834
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Sold $230,000 +360.0% $213 / Sq Ft
05/13/2014 05/13/14 Sold $50,000 -- $46 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $7,351 $391,500 $195,600 $195,900
2024 $7,430 $356,500 $170,100 $186,400
2023 $7,430 $347,200 $129,700 $217,500
2022 $6,648 $301,200 $103,700 $197,500
2021 $6,648 $270,800 $94,300 $176,500
2020 $6,413 $254,900 $89,900 $165,000
2019 $6,267 $243,000 $85,600 $157,400
2018 $6,160 $229,600 $77,000 $152,600
2017 $6,168 $221,000 $69,400 $151,600
2016 $4,493 $161,100 $60,000 $101,100
2015 $4,393 $160,400 $63,900 $96,500
2014 $4,614 $138,900 $73,000 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21532432

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 50-00007-0000-00012