NOT LISTED FOR SALE
Studio
-- Bath
2,016 Sq Ft
1960 Built

Sale Details

Date Sold: January 7, 2014

Last sale price $589,000 $292 Per Sq Ft

43 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Furnished
  • Outdoor Shower
  • Open Floorplan
  • No HOA
  • Partially Fenced Property

About This Home

As of January 2014

Opportunity knocks! This three bedroom duplex currently earns $4,100 per week in season and that income can be increased with reasonable cosmetic improvements. Great seasonal income for a property at this price. Units are over 1,000 sq. ft. each with nice open living area and good sized bedrooms. Peak weekly rates are $2,100/wk up and $2,000/wk down. Solid track record of off-season rentals boosts annual income. This home was undamaged by hurricane Sandy.

Last Agent to Sell the Property

James Dooney

RE/MAX of Long Beach Island* Listed on: 10/01/2013

Co-Listed By

Gina Laird

(609) 494-7000 glairdlbi@gmail.com RE/MAX of Long Beach Island License #0448467

Last Buyer's Agent

Scott Wayman

(609) 492-7000 kpowell@dianeturton.com Diane Turton REALTORS - BH License #14948

Diane Turton REALTORS - BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,088

Year Built

  • Built in 1960

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Lot Details

  • Lot Dimensions are 50x125
  • Building is oceanfront but unit may not have water views
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Additional Features

  • Outdoor Shower
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 02-00017-0000-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,088

Year Built

Built in 1960

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer, Oven/Range - Electric
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 292.16
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 265210.00
  • Land Assessed Value: 549089.00
  • Lot Features: Level
  • Lot Dimensions: 50X125
  • Topography: Level
  • Zoning: R-B
  • Zoning Description: r-b

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2825922
  • Tax Annual Amount: 6088.00
  • Assessor Parcel Number: 02-00017-0000-00025
  • Tax Lot: 25
  • Tax Year: 2012

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 1, 2014
Sold by
Bought by
Seller's Agent
James Dooney
RE/MAX of Long Beach Island*
Buyer's Agent
Scott Wayman
Diane Turton REALTORS - BH
List Price
$589,000
Sold Price
$589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Listed On Document
$589,000 None Available
-- Congress Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $471,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/07/2014 01/07/14 Sold $589,000 0.0% $292 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $589,000 -- $292 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,212 $741,800 $500,000 $241,800
2024 $6,609 $741,800 $500,000 $241,800
2023 $6,135 $741,800 $500,000 $241,800
2022 $6,135 $741,800 $500,000 $241,800
2021 $6,602 $741,800 $500,000 $241,800
2020 $6,698 $741,800 $500,000 $241,800
2019 $6,454 $741,800 $500,000 $241,800
2018 $6,342 $741,800 $500,000 $241,800
2017 $6,565 $741,800 $500,000 $241,800
2016 $6,394 $741,800 $500,000 $241,800
2015 $6,164 $741,800 $500,000 $241,800
2014 $6,703 $741,500 $500,000 $241,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC219758

Bright MLS
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