NOT LISTED FOR SALE

227 3rd Ave Manasquan, NJ 08736

Estimated Value: $1,106,000 - $1,206,000

8 Beds
3 Baths
1,832 Sq Ft
$632/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $907,000 $495 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,991 / mo

110 Days on Market

Highlights

  • Cooling Available
  • Zoned Heating
  • 3-minute walk to Fisherman's Cove Conservation Area
  • Manasquan Elementary School Rated A-
  • 1-Story Property

About This Home

As of April 2023

Three family property located in PRIME location. Property is rented summer/winter with strong rental history. See attached docs for income. Don't miss out on this cash cow! Manasquan's market is still red hot!

Last Agent to Sell the Property

Justin Smith

Richard I. Wood Agency License #0897635 Listed on: 11/07/2022

Last Buyer's Agent

Lorraine Stagliano

Diane Turton, Realtors-Spring Lake License #1329786

Diane Turton, Realtors-Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,334

Year Built

  • Built in 1932

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27 x 100

Home Design

  • Triplex

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • Manasquan Elementary And Middle School

Utilities

  • Cooling Available
  • Zoned Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 29-00176-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,334

Year Built

Built in 1932

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1932
  • Contract Info List PriceSqFt: 545.85
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 27 x 100
  • Location Middle School: Manasquan
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Other
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Manasquan

Lot Info

  • Lot Dimensions: 27 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-00176-0000-00014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8334.0
  • Tax Other Annual Assessment Amount: 506000.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Manasquan

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Apr 20, 2023
Sold by
Bought by
Seller's Agent
Justin Smith
Richard I. Wood Agency
Buyer's Agent
Lorraine Stagliano
Diane Turton, Realtors-Spring Lake
List Price
$999,999
Sold Price
$907,000
Premium/Discount to List
-$92,999
-9.3%
Views
214
Current Estimated Value
$1,157,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,667
Avg. Annual Appreciation
8.19%
Original Mortgage
$607,690
Outstanding Balance
$582,300
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$575,367

Purchase Details

Closed on
May 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,829
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,829
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$907,000 Surety Title
$907,000 Surety Title
$699,500 Land Title
$699,500 Land Title
$699,500 First American Title
$345,000 None Available
$216,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $607,690
Closed $607,690
Previous Owner $686,829
Previous Owner $686,829
Previous Owner $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $907,000 -9.3% $495 / Sq Ft
04/01/2023 04/01/23 For Sale $999,999 0.0% $546 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $999,999 -- $546 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,997 $506,000 $344,300 $161,700
2024 $8,658 $506,000 $344,300 $161,700
2023 $8,658 $506,000 $344,300 $161,700
2022 $8,321 $506,000 $344,300 $161,700
2021 $8,321 $506,000 $344,300 $161,700
2020 $8,217 $506,000 $344,300 $161,700
2019 $7,909 $506,000 $344,300 $161,700
2018 $7,732 $506,000 $344,300 $161,700
2017 $7,438 $506,000 $344,300 $161,700
2016 $7,241 $506,000 $344,300 $161,700
2015 $5,346 $312,800 $263,200 $49,600
2014 $6,514 $381,600 $277,000 $104,600
Source: Public Records

Agents Affiliated with this Home

  • Justin Smith

    Seller's Agent in 2023

    Justin Smith

    Richard I. Wood Agency

    (732) 492-2189

    10 in this area

    15 Total Sales

    Justin Smith
    Section Image
  • Lorraine Stagliano

    Buyer's Agent in 2023

    Lorraine Stagliano

    Diane Turton, Realtors-Spring Lake

    (732) 614-5326

    1 in this area

    37 Total Sales

    Lorraine Stagliano
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22234572

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00176-0000-00014

New Jersey Monmouth County Manasquan 08736

227 3rd Ave, Manasquan, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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