$1,250,000
SOLD NOV 26, 2024

216 8th Ave Belmar, NJ 07719

3 Beds
1.5 Baths
1,145 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,092 Per Sq Ft

26 Days on Market

Highlights

  • Shore Colonial Architecture
  • Covered patio or porch
  • Multiple cooling system units
  • No HOA
  • Stained Glass
  • 2-minute walk to Jane Magovern's Playground

About This Home

As of December 2024

Beautiful 50 x 150 property located less than two blocks to the beach in Belmar's sought out north east section. Immediately greeted by the large, rocking chair, covered porch, this spacious area allows for long summer nights, taking in the ocean breeze. This classic seashore colonial offers a large rustic living room with high ceilings. Convenient first floor bedroom and full bathroom, plus two bedrooms on the second level. The backyard is fully fenced and is a great space to entertain friends and family all year round. Outdoor shower is ideal for those fun filled beach days. Extra long driveway for all your summer guests. Perfect distance to the beach and downtown Belmar.

Last Agent to Sell the Property

Nicole Richman

RE/MAX Revolution License #1750804 Listed on: 09/21/2023

RE/MAX Revolution

Last Buyer's Agent

Nicole Richman

Jersey Shore Real Estate Group Associates LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,814

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Shore Colonial Architecture
  • Cottage
  • Shingle Roof

Interior Spaces

  • 1,145 Sq Ft Home
  • 2-Story Property
  • Stained Glass
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Belmar Middle School
  • St. Rose High School

Utilities

  • Multiple cooling system units
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: refrigerator
  • Assessor Parcel Number 07-00071-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,814

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Bungalow, Shore Colonial
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Exterior Storm Door(s): Yes
  • Style Shore Colonial: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Exterior Stained Glass: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: refrigerator
  • Exterior Features: Stained Glass
  • Patio And Porch Features: Porch - Covered, Patio
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 07-00071-0000-00011

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8814.0

MLS Schools

  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 12, 2024
Sold by
Ccg Real Estate Llc
Bought by
Fortunato Kevin J and Fortunato Nilsa Toppe
Seller's Agent
Nicole Richman
RE/MAX Revolution
Buyer's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
List Price
$2,700,000
Sold Price
$2,700,000
Views
21
Current Estimated Value
$2,373,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$326,271
Avg. Annual Appreciation
-19.91%

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 26, 2024
Sold by
Fontanez Michelle
Bought by
Ccg Real Estate Llc
Seller's Agent
Nicole Richman
RE/MAX Revolution
Buyer's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
List Price
$2,700,000
Sold Price
$2,700,000
Views
21

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jul 28, 2021
Sold by
Korkgy George N and Estate Of George N Korkgy Sr
Bought by
Fontanez Michelle
Seller's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Buyer's Agent
Nicole Richman
RE/MAX Revolution
List Price
$799,000
Sold Price
$932,000
Premium/Discount to List
$133,000
16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$738,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1993
Bought by
Korkgy George N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,700,000 Scott Title Services
Bargain Sale Deed $2,700,000 Scott Title Services
Deed $1,250,000 None Listed On Document
Deed $932,000 Executive Abstract Ttl Agcy
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $965,000 Balloon
Previous Owner $738,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $2,700,000 +116.0% $2,358 / Sq Ft
11/26/2024 11/26/24 Sold $1,250,000 -53.7% $1,092 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $2,700,000 +116.0% $2,358 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,250,000 +34.1% $1,092 / Sq Ft
08/16/2021 08/16/21 Sold $932,000 +16.6% $814 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $799,000 -- $698 / 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
2024 $9,132 $550,000 $550,000 $0
2023 $9,132 $649,500 $550,000 $99,500
2022 $8,814 $649,500 $550,000 $99,500
2021 $8,814 $649,500 $550,000 $99,500
2020 $8,736 $649,500 $550,000 $99,500
2019 $8,736 $649,500 $550,000 $99,500
2018 $8,021 $649,500 $550,000 $99,500
2017 $7,826 $649,500 $550,000 $99,500
2016 $6,914 $361,800 $250,000 $111,800
2015 $6,943 $361,800 $250,000 $111,800
2014 $6,807 $351,800 $240,000 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22326371

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00071-0000-00011