NOT LISTED FOR SALE

212 11th Ave Belmar, NJ 07719

Estimated Value: $1,300,000 - $1,487,000

4 Beds
2 Baths
2,070 Sq Ft
$680/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $725,000 $350 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,396/month

319 Days on Market

Highlights

  • Garage Apartment
  • Cooling Available
  • 5-minute walk to Belmar Beach Playground
  • Wood Flooring

About This Home

As of June 2018

Location location !!! A wonderful opportunity to own income property two blocks from the ocean !!Prime location !! Four units .. Main house has 3 bedrooms, 1 bath.. with separate 1 bedroom 1 bath apartment.The rear building has two seperate units Upper and lower apartments have 2 bedrooms 1 bath.. Untouched by Sandy.. Not in a flood zone !! Fabulous rental history !! Yearly rents approx. $65,000 All units have heat.. Ample off street parking.. A fabulous offering..

Last Agent to Sell the Property

Maryanne Stebbins

Marian J. Fallon Realty Listed on: 05/31/2017

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,768

Lot Details

  • Lot Dimensions are 50x150

Home Design

  • Quadruplex

Flooring

  • Wood
  • Laminate

Parking

  • 6 Parking Spaces
  • Garage Apartment
  • On-Street Parking
  • Off-Street Parking

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • 4 Units
  • Gross Income $65,000

Listing and Financial Details

  • Exclusions: Tenants items
  • Tenant pays for heat, gas, electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,768

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood, Laminate
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X150
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 6.0
  • Garage Apt Above Garage: Yes
  • Floors Laminate2: Yes
  • Income Expenses Gross Income2: 65000.0
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenants items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Off Street, On Street
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50X150
  • Parcel #: 000
  • Zoning Description: Residential, Neighborhood, Multi-Family, Conforming Use

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: See Remarks

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65000.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
May 29, 2018
Sold by
Curran Dennis
Bought by
Chirico Crean Zachariah J
Seller's Agent
Maryanne Stebbins
Marian J. Fallon Realty
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$725,000
Current Estimated Value
$1,407,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,377
Avg. Annual Appreciation
10.22%
Original Mortgage
$35,000
Outstanding Balance
$28,555
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,446,288

Purchase Details

Closed on
Apr 2, 2003
Sold by
Vansyckle Robert
Bought by
Curran Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.84%

Purchase Details

Closed on
Dec 31, 2002
Sold by
Curran Timothy
Bought by
Vansyckle Robert

Purchase Details

Closed on
Dec 22, 2000
Sold by
Curran Dennis
Bought by
Curran Timothy and Andrew Curran
Source: Public Records

Range of Values:

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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
Chirico Crean Zachariah J $725,000 All Ahead Title
Curran Dennis $660,000 --
Vansyckle Robert $433,333 --
Curran Timothy $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chirico Crean Zachariah J $35,000
Open Chirico Crean Zachariah J $507,000
Previous Owner Curran Dennis $465,000
Previous Owner Curran Dennis $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $725,000 -- $350 / 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 $10,768 $740,100 $500,000 $240,100
2024 $10,406 $740,100 $500,000 $240,100
2023 $10,406 $740,100 $500,000 $240,100
2022 $10,043 $740,100 $500,000 $240,100
2021 $10,043 $740,100 $500,000 $240,100
2020 $9,954 $740,100 $500,000 $240,100
2019 $9,954 $740,100 $500,000 $240,100
2018 $9,140 $740,100 $500,000 $240,100
2017 $8,918 $740,100 $500,000 $240,100
2016 $10,102 $528,600 $260,000 $268,600
2015 $9,760 $508,600 $240,000 $268,600
2014 $9,454 $488,600 $220,000 $268,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21639978

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00101-0000-00012