NOT LISTED FOR SALE

205 Mccabe Ave Bradley Beach, NJ 07720

Estimated Value: $1,341,000 - $1,562,000

8 Beds
4 Baths
2,880 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $675,000 $234 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $8,520/month

39 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 4-minute walk to Bradle Beach Playground
  • Electric Baseboard Heater
  • Fenced

About This Home

As of August 2019

HIGHEST and BEST OFFERS must be submitted by Thursday 5/9/19 at 5PM. Own your shore home free! Two blocks to the beach, this four family home makes it possible. Each unit has 2 BR's, K, LR and bath. One off-street parking space and outside living available for each unit. Front units share the front porch(1&2F), right rear unit(1R) has use of the backyard area and rear unit uses the deck(2R). Full basement with outside entrance for storage. Pictures are from the right rear unit(1R) which has been updated. Owners unit,2R is partially updated. The other two units are not updated.

Last Agent to Sell the Property

Diane Turner Valeri

Patrick Parker Realty License #7821227 Listed on: 04/27/2019

Last Buyer's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,050

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 48 x 106
  • Fenced

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Electric Baseboard Heater
  • Heating System Uses Steam
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: personal property of tenants
  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer, garbage removal
  • Assessor Parcel Number 08-00037-0000-00004

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $500
  • Water Sewer Expense $3,120
  • Gross Income $65,400
  • Net Operating Income $51,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,050

Year Built

Built in 1935

Lot Details

5,097 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Income And Expenses Maintenance Expense: 500.0
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Laminate
  • New Construction: No
  • Year Built: 1935
  • Contract Info List PriceSqFt: 243.02
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 48 x 106
  • Location Middle School: Bradley Beach
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Income Expenses Insurance Expense: 1500.0
  • Income Expenses WaterSewer Expense: 3120.0
  • Income Expenses Gross Income2: 65400.0
  • Income Expenses Net Income: 51380.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Shared Storage
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: personal property of tenants
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Fee Information

  • Annual Water Sewer Expense: 3120.0

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 48 x 106
  • Parcel #: 08-00037-0000-00004
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9050.0
  • Tax Other Annual Assessment Amount: 653900.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65400.0
  • Insurance Expense: 1500.0

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jul 24, 2019
Sold by
Forsdahl Charles and Forsdahl Kerry
Bought by
Mccabe205 Llc
Seller's Agent
Diane Turner Valeri
Patrick Parker Realty
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$675,000
Current Estimated Value
$1,428,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,080
Avg. Annual Appreciation
11.91%

Purchase Details

Listed on
Jul 20, 2015
Closed on
Dec 3, 2015
Sold by
M F H Realty Corp
Bought by
Forsdahl Charles and Forsdahl Kerry
Seller's Agent
Diane Turner Valeri
Patrick Parker Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Interest Rate
3.93%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Boose Robert
Bought by
Mfh Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mccabe205 Llc $675,000 All Ahead Title Agency
Forsdahl Charles $580,000 --
Mfh Realty Corp $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forsdahl Charles --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2019 08/01/19 Sold $675,000 +16.4% $234 / Sq Ft
11/30/2015 11/30/15 Sold $580,000 0.0% $201 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Rented $1,450 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,286 $1,297,000 $805,600 $491,400
2024 $10,862 $1,230,800 $766,600 $464,200
2023 $10,862 $1,150,600 $728,600 $422,000
2022 $9,176 $934,200 $617,100 $317,100
2021 $9,176 $782,900 $472,700 $310,200
2020 $8,820 $721,800 $425,400 $296,400
2019 $10,165 $802,900 $531,900 $271,000
2018 $9,050 $653,900 $398,000 $255,900
2017 $9,120 $645,000 $399,000 $246,000
2016 $9,671 $691,800 $399,000 $292,800
2015 $9,473 $678,600 $399,000 $279,600
2014 $8,300 $599,700 $349,000 $250,700
Source: Public Records

Agents Affiliated with this Home

  • Jacob Smith

    Buyer's Agent in 2019

    Jacob Smith

    Ward Wight Sotheby's International Realty

    (732) 567-0162

    121 Total Sales

    Jacob Smith
    Section Image

  • A

    Buyer's Agent in 2015

    Alison Patock

    Pittenger Realty LLC

  • N

    Buyer's Agent in 2015

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2015

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21917232

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00037-0000-00004

New Jersey Monmouth County Bradley Beach 07720

205 Mccabe Ave, Bradley Beach, NJ

Not Listed for Sale

MultiFamily

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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