NOT LISTED FOR SALE

Estimated Value: $2,112,000 - $2,962,000

-- Bed
2 Baths
4,280 Sq Ft
$614/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $940,000 $220 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $15,343/month

47 Days on Market

Highlights

  • Oceanside
  • No HOA
  • Level Lot
  • Wood Flooring

About This Home

As of September 2017

Brant Beach 5 UNIT PROPERTY located on an oversized 69x100 Lot, THIRD FROM THE OCEAN. Possibilities galore. Renovate the existing units and turn into an income property or condo the units and sell them separately. Rebuilding is another great option for this property with such a large lot and prime location close to the ocean. Or use as a family compound, which is how the current owners have enjoyed the property for many years. Room for the whole family and a few friends too. There are TWO Duplexes with 2BR/1Bath per floor and one 1BR/1Bath cottage. Whichever option you choose, this property presents great opportunities!

Last Agent to Sell the Property

Gina Laird

RE/MAX of Long Beach Island Listed on: 06/02/2017

Last Buyer's Agent

Sandi Messina

BHHS Zack Shore REALTORS

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,026

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 69x100
  • Level Lot
  • The property's topography is level

Home Design

  • Shingle Roof

Interior Spaces

  • 4,280 Sq Ft Home
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Oceanside
  • Flood Risk

Community Details

  • No Home Owners Association
  • 4 Units
  • Brant Beach Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 18-00015-64-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,026

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1950
  • Remarks Public: Brant Beach 5 UNIT PROPERTY located on an oversized 69x100 Lot, THIRD FROM THE OCEAN. Possibilities galore. Renovate the existing units and turn into an income property or condo the units and sell them separately. Rebuilding is another great option for this property with such a large lot and prime location close to the ocean. Or use as a family compound, which is how the current owners have enjoyed the property for many years. Room for the whole family and a few friends too. There are TWO Duplexes with 2BR/1Bath per floor and one 1BR/1Bath cottage. Whichever option you choose, this property presents great opportunities!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Vinyl, Fully Carpeted, Wood
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 4280
  • Living Area Sq Ft: 4280
  • Price Per Sq Ft: 231.07
  • Above Grade Finished Sq Ft: 4280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 22-24

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • 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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 207300.00
  • Land Assessed Value: 708100.00
  • Lot Features: Level
  • Lot Dimensions: 69x100
  • Topography: Level
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3025292
  • Tax Annual Amount: 9026.00
  • Assessor Parcel Number: 18-00015-64-00013
  • Tax Lot: 13
  • Tax Year: 2016
  • Close Date: 09/22/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Sep 9, 2017
Sold by
Alessandro John N and Alessandro Mark
Bought by
Gildea Robert S and Gildea Michelle M
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Sandi Messina
BHHS Zack Shore REALTORS
List Price
$989,000
Sold Price
$940,000
Premium/Discount to List
-$49,000
-4.95%
Total Days on Market
47
Current Estimated Value
$2,627,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,178
Avg. Annual Appreciation
14.24%
Original Mortgage
$1,250,000
Interest Rate
3.86%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2002

Purchase Details

Closed on
Jun 16, 1997
Sold by
Alessandro John J and Alessandro Elizabeth
Bought by
Alessandro John J
Source: Public Records

Range of Values:

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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
Gildea Robert S $940,000 --
-- -- --
Alessandro John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gildea Robert S $1,250,000
Closed Gildea Robert S $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $940,000 -5.0% $220 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $989,000 -- $231 / Sq Ft
Source: Bright MLS

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 $16,797 $1,893,700 $817,500 $1,076,200
2023 $15,756 $1,893,700 $817,500 $1,076,200
2022 $15,756 $1,893,700 $817,500 $1,076,200
2021 $15,220 $1,891,600 $817,500 $1,074,100
2020 $13,395 $1,347,600 $708,100 $639,500
2019 $13,516 $1,347,600 $708,100 $639,500
2018 $7,118 $731,500 $708,100 $23,400
2017 $8,953 $915,400 $708,100 $207,300
2016 $9,026 $915,400 $708,100 $207,300
2015 $9,017 $915,400 $708,100 $207,300
2014 $8,797 $915,400 $708,100 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC166978

Bright MLS

APN: 18-00015-64-00013