NOT LISTED FOR SALE

Estimated Value: $1,073,000 - $2,483,000

Studio
5 Baths
2,609 Sq Ft
$754/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $840,000 $322 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $10,982/month

139 Days on Market

Highlights

  • Parking available for a boat
  • Oceanside
  • Main Floor Bedroom
  • Beach Haven School Rated A
  • Wood Flooring
  • Attic

About This Home

As of May 2017

Ocean side, commercial and residential. This property exudes old world charm with modern amenities and a unique opportunity for an unlimited income. Live, breath salt air and work peacefully in the historic area of beach haven, next to and across from the LBIs most famous restaurants. As a summer weekly rental: $50,000+. This 7 bedroom, 3 full bath, two half bath home with over 2600 square feet of living space is fused together over three levels of living. Plenty of space to relax, meet or greet family or friends. As a bed and breakfast or a quaint Inn by the sea?unlimited to your creativity. 100k+ have been recorded as earning statistics for B+Bs. Home also features: two living rooms, a spacious dining room, two kitchens with granite countertops, authentic hardwood flooring, fully furnished, private driveway, fenced in yard with room for a pool and a very large deck, hardie board siding. As a mother/daughter its move in ready by spring.

Last Agent to Sell the Property

Irene Santoro

(609) 492-1145 shipbottom@rbbre.com RE/MAX at Barnegat Bay - Ship Bottom Listed on: 01/07/2017

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Edward Freeman Sr

(609) 900-3534 edwardfreeman@remax.net Freeman & Company Real Estate License #0562673

Freeman & Company Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,127

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 50x 108.5
  • Partially Fenced Property

Home Design

  • Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • 2,609 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Driveway
  • On-Street Parking
  • Parking available for a boat

Additional Features

  • Oceanside
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Beach Haven Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 04-00153-0000-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,127

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1890
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Built-In Microwave, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Attic, Entry Level Bedroom, Window Treatments, Ceiling Fan(s), Crown Moldings
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2609
  • Living Area Sq Ft: 2609
  • Price Per Sq Ft: 325.76
  • Above Grade Finished Sq Ft: 2609
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Boat Storage
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Driveway, On Street

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: 81800.00
  • Land Assessed Value: 479800.00
  • Lot Dimensions: 50X 108.5
  • Zoning: B-D
  • Zoning Description: B-D

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2829590
  • Tax Annual Amount: 7127.00
  • Assessor Parcel Number: 04-00153-0000-00006
  • Tax Lot: 6
  • Tax Year: 2015

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
May 24, 2017
Sold by
Damiani Patrick and Damiani Margaret L
Bought by
Rook Glenn A and Rook Jayme N
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Edward Freeman Sr
Freeman & Company Real Estate
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%
Current Estimated Value
$1,967,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,330
Avg. Annual Appreciation
10.31%
Original Mortgage
$636,150
Outstanding Balance
$528,018
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$1,439,312

Purchase Details

Closed on
Oct 24, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rook Glenn A $840,000 --
-- $456,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rook Glenn A $636,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $840,000 -1.2% $322 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $849,900 -- $326 / Sq Ft
Source: Bright MLS

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 $9,065 $690,900 $635,600 $55,300
2024 $8,367 $690,900 $635,600 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC173784

Bright MLS

APN: 04-00153-0000-00006