NOT LISTED FOR SALE

Estimated Value: $1,173,749 - $1,488,000

Studio
2 Baths
1,544 Sq Ft
$839/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $785,000 $508 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,304/month

63 Days on Market

Highlights

  • Bayside
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2021

Awesome 2 family home located 1/2 block away from the bay and 2 blocks from the ocean. Safely elevated on pilings the home consists of a 1st floor apartment with 3 bedrooms, 1 full bath, gas heat & a/c and an open floor plan. The 2nd floor apartment has 2 bedrooms, 1 bath and a large sun deck. Great for an investor, extended family or both! Projected seasonal income $40,000+ !!

Last Agent to Sell the Property

David Cowles

(609) 290-0779 dcowles@zackshore.com BHHS Zack Shore REALTORS License #8133142 Listed on: 07/13/2021

BHHS Zack Shore REALTORS

Last Buyer's Agent

Paula Brennan

(908) 391-7136 pbrennan@zackshore.com BHHS Zack Shore REALTORS License #1758292

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,086

Year Built

  • Built in 1964

Lot Details

  • 3,150 Sq Ft Lot
  • Lot Dimensions are 45.00 x 70.00

Home Design

  • 1,544 Sq Ft Home
  • Duplex
  • Split Level Home
  • Frame Construction
  • Asbestos Shingle Roof
  • Piling Construction

Parking

  • 1 Parking Space
  • 1 Driveway Space

Accessible Home Design

  • More Than Two Accessible Exits

Location

  • Flood Zone Lot
  • Bayside

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

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

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 18-00014 25-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,086

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Pilings
  • Basement: No
  • Total Sq Ft: 1544
  • Living Area Sq Ft: 1544
  • Price Per Sq Ft: 495.47
  • Above Grade Finished Sq Ft: 1544
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asbestos Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 133100.00
  • Land Assessed Value: 278000.00
  • Lot Features: Flood Plain
  • Lot Size Acres: 0.07
  • Lot Dimensions: 45.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3150.00
  • Zoning: R50

Rental Info

  • Units Furnished: Some
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3024616
  • Tax Annual Amount: 4086.00
  • Assessor Parcel Number: 18-00014 25-00011
  • Tax Lot: 00011
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Nov 8, 2021
Sold by
Bacchia Lance and Estate Of Luciano Bacchia
Bought by
Mcmahon Marian and Mcmahon Paul
Seller's Agent
David Cowles
BHHS Zack Shore REALTORS
Buyer's Agent
Paula Brennan
BHHS Zack Shore REALTORS
List Price
$899,000
Sold Price
$785,000
Premium/Discount to List
-$114,000
-12.68%
Current Estimated Value
$1,294,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,937
Avg. Annual Appreciation
12.69%
Original Mortgage
$585,000
Outstanding Balance
$536,200
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$758,737
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

Date Buyer Sale Price Title Company
Mcmahon Marian $785,000 University Title Ins Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Marian $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $785,000 +2.6% $508 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/31/2021 08/31/21 Price Changed $765,000 -6.6% $495 / Sq Ft
08/16/2021 08/16/21 Price Changed $819,000 -2.4% $530 / Sq Ft
08/02/2021 08/02/21 Price Changed $839,000 -6.7% $543 / Sq Ft
07/13/2021 07/13/21 For Sale $899,000 -- $582 / 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
2025 $6,397 $716,300 $501,100 $215,200
2024 $6,354 $716,300 $501,100 $215,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2000864

Bright MLS

APN: 18-00014-25-00011