206 5th St Beach Haven, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $1,469,000 - $1,840,000
5
Beds
3
Baths
1,635
Sq Ft
$988/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Oceanside
- Deck
- Beach Haven School Rated A-
- Cape Cod Architecture
- Furnished
About This Home
As of March 2021Investment Opportunity: Oceanside duplex located in the heart of Beach Haven. Short walk to beach, shopping, restaurants and entertainment. This duplex has been gut-renovated, and is separately metered for electric. 1st floor includes 2 bedrooms and 2 full baths and new stainless steel appliances. 2nd floor includes three bedrooms and 1 full bath. Both units are fully furnished. Amenities include outdoor shower, 2nd floor deck, paver patio, and storage shed. New roof installed in 2017. Engineered plans for two-story addition available to purchaser, Solid rental history, and 100% seasonal occupancy for the past nine (9) years . Ideal candidate for condominium conversion. Owner will consider 1031 Exchange. Owner is a licensed real estate agent.
Last Agent to Sell the Property
Tom DeMartin
Simone Realty, Inc. Listed on: 08/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,130
Year Built
- Built in 1950 | Remodeled in 2011
Lot Details
- 3,750 Sq Ft Lot
- Lot Dimensions are 50.00 x 75.00
- North Facing Home
- Picket Fence
- Privacy Fence
- Wood Fence
- Extensive Hardscape
- Level Lot
- Back and Side Yard
- Property is in excellent condition
- Property is zoned R-B
Home Design
- Cape Cod Architecture
- Frame Construction
- Asphalt Roof
Interior Spaces
- 1,635 Sq Ft Home
- Property has 2 Levels
- Furnished
- Beamed Ceilings
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Vinyl Clad Windows
- Family Room Off Kitchen
- Dining Room
- Crawl Space
- Attic Fan
Kitchen
- Second Kitchen
- Gas Oven or Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
Laundry
- Laundry on main level
- Stacked Gas Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Flood Lights
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Private Parking
- Free Parking
- Gravel Driveway
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Outdoor Shower
- Oceanside
- Deck
- Patio
- Shed
Location
- Flood Zone Lot
- Flood Risk
Utilities
- Central Air
- Heat Pump System
- Hot Water Heating System
- 150 Amp Service
- Natural Gas Water Heater
- Municipal Trash
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Beach Haven Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 00009
- Assessor Parcel Number 04-00170-00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2020
Closed on
Mar 3, 2021
Sold by
Demartin Thomas A and Demartin Beth
Bought by
Kahn Paul and Kahn Leslie
Seller's Agent
Tom DeMartin
Simone Realty, Inc.
Buyer's Agent
Michele Timlin
G. Anderson Agency
List Price
$939,900
Sold Price
$900,000
Premium/Discount to List
-$39,900
-4.25%
Total Days on Market
140
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,659
Avg. Annual Appreciation
14.13%
Original Mortgage
$720,000
Outstanding Balance
$638,914
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$935,414
Purchase Details
Listed on
Aug 19, 2020
Closed on
Mar 2, 2021
Sold by
Demartin Thomas A and Demartin Beth
Bought by
Kahn Paul and Kahn Leslie
Seller's Agent
Tom DeMartin
Simone Realty, Inc.
Buyer's Agent
Michele Timlin
G. Anderson Agency
List Price
$939,900
Sold Price
$900,000
Premium/Discount to List
-$39,900
-4.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$638,914
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$935,414
Purchase Details
Closed on
Mar 11, 2011
Sold by
Mason Joan and Gida Marie
Bought by
Demartin Thomas A and Demartin Beth
Purchase Details
Closed on
Sep 11, 2006
Sold by
Richardson & Perry General Partnership
Bought by
Mason Joan and Gida Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 23, 1994
Sold by
Patuto Costano
Bought by
Richardson George and Richardson Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
9.03%
Similar Homes in Beach Haven, NJ
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 |
|---|---|---|---|
| Kahn Paul | $900,000 | Old Republic Title | |
| Kahn Paul | $900,000 | First Jersey Title Svcs Inc | |
| Demartin Thomas A | $385,000 | Old Republic National Title | |
| Mason Joan | $635,000 | None Available | |
| Richardson George | $162,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kahn Paul | $720,000 | |
| Closed | Kahn Paul | $720,000 | |
| Previous Owner | Demartin Thomas | $540,000 | |
| Previous Owner | Demartin Thomas A | $263,000 | |
| Previous Owner | Demartin Beth | $100,000 | |
| Previous Owner | Mason Joan | $508,000 | |
| Previous Owner | Richardson George | $132,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $900,000 | -2.2% | $550 / Sq Ft |
| 01/06/2021 01/06/21 | Pending | -- | -- | -- |
| 11/29/2020 11/29/20 | Price Changed | $919,900 | -2.1% | $563 / Sq Ft |
| 08/19/2020 08/19/20 | For Sale | $939,900 | -- | $575 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $7,702 | $636,000 | $567,000 | $69,000 |
| 2023 | $7,155 | $636,000 | $567,000 | $69,000 |
| 2022 | $7,155 | $636,000 | $567,000 | $69,000 |
| 2021 | $6,977 | $636,000 | $567,000 | $69,000 |
| 2020 | $7,130 | $636,000 | $567,000 | $69,000 |
| 2019 | $6,926 | $636,000 | $567,000 | $69,000 |
| 2018 | $7,834 | $695,100 | $602,000 | $93,100 |
| 2017 | $7,479 | $695,100 | $602,000 | $93,100 |
| 2016 | $6,265 | $472,500 | $451,300 | $21,200 |
| 2015 | $5,996 | $472,500 | $451,300 | $21,200 |
| 2014 | $5,670 | $472,500 | $451,300 | $21,200 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2021
Tom DeMartin
Simone Realty, Inc.
-
Michele Timlin
Buyer's Agent in 2021
Michele Timlin
G. Anderson Agency
(609) 661-3146
17 in this area
27 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC401786
APN: 04-00170-0000-00009
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