NOT LISTED FOR SALE

229 10th St N Brigantine, NJ 08203

Estimated Value: $416,000 - $556,000

-- Bed
-- Bath
-- Sq Ft
8,015 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $1,900,000

Current estimated payment $3,642/month

4 Days on Market

Highlights

  • Water Views
  • Great Room
  • Forced Air Heating and Cooling System
  • Building is beachfront but unit may not have water views
  • Porch
  • Ceiling Fan

About This Home

As of April 2022

Will show like new construction when completed. New Vinyl siding being installed around February 10th. New roof and windows. Amazing summer rental income. The potential is thru the roof. AirBnB income for complex was $212,400 for 2021 projecting a 20% increase for 2022. Alternative Purchase Option - Property is subject to condo conversion. Townhomes with Oceanview are to be marketed for $575,000 per unit

Last Agent to Sell the Property

Ada Krebs

BHHS FOX and ROACH-Brigantine License #9805630 Listed on: 02/07/2022

BHHS FOX and ROACH-Brigantine

Last Buyer's Agent

SUSAN POMPEI

WEICHERT REALTORS BRIGANTINE REALTY License #9910323

WEICHERT REALTORS BRIGANTINE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,519

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 61 x 97
  • Building is beachfront but unit may not have water views

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Great Room
  • Water Views
  • Crawl Space
  • Storm Screens

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,519

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 02/09/2022
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Basement: Crawl Space
  • Other Rooms: Great Room

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Water View
  • Lot Dimensions: 61 x 97

Rental Info

  • Rental Information: Weekly

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 4
  • Separate Meters: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
229 10Th Llc
Bought by
4890 Summerdale Associates Lp
Total Days on Market
4
Current Estimated Value
$489,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2024
Sold by
229 10Th Llc
Bought by
Ceci Michael and Ceci Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2024
Sold by
229 10Th Llc
Bought by
Lyness Steven E and Lyness Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2024
Sold by
229 10Th Llc
Bought by
Farabaugh Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2024
Sold by
2024 229 10Th Llc
Bought by
229 10Th Street N Condominium

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2023
Sold by
Berkowitz Jay and Berkowitz Andrea Lynn
Bought by
229 10Th Llc

Purchase Details

Listed on
Feb 7, 2022
Closed on
Apr 28, 2022
Sold by
Marc Daniels
Bought by
Berkowitz Jay A and Berkowitz Andrea L
Seller's Agent
Ada Krebs
BHHS FOX and ROACH-Brigantine
Buyer's Agent
SUSAN POMPEI
WEICHERT REALTORS BRIGANTINE REALTY
List Price
$2,300,000
Sold Price
$1,900,000
Premium/Discount to List
-$400,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.24%
Original Mortgage
$1,312,500
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2019
Closed on
Jan 16, 2020
Sold by
Hanks Family Llc
Bought by
Daniels Marc
Seller's Agent
Christian Lucia
NEW ERA REAL ESTATE-D
Buyer's Agent
Christian Lucia
NEW ERA REAL ESTATE-D
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.79%
Original Mortgage
$393,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Haneman Frederick T
Bought by
Hanks Family Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
4890 Summerdale Associates Lp $499,000 Infinity Title
Ceci Michael $499,000 Foundation Title
Lyness Steven E $550,000 The Title Company
Farabaugh Matthew $530,000 Trident Land Transfer
229 10Th Street N Condominium -- None Listed On Document
229 10Th Llc -- --
Berkowitz Jay A $1,900,000 The Title Company
Daniels Marc $525,000 None Available
Hanks Family Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ceci Michael $299,400
Previous Owner Lyness Steven E $385,000
Previous Owner Farabaugh Matthew $424,000
Previous Owner Berkowitz Jay A $1,312,500
Previous Owner Daniels Marc $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $1,900,000 -17.4% --
02/11/2022 02/11/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $2,300,000 +338.1% --
01/16/2020 01/16/20 Sold $525,000 -4.5% --
09/14/2019 09/14/19 Pending -- -- --
07/28/2019 07/28/19 For Sale $550,000 -- --
Source: South Jersey Shore Regional 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 $12,519 $665,900 $243,500 $422,400
2023 $11,567 $665,900 $243,500 $422,400
2022 $9,576 $551,300 $243,500 $307,800
2021 $9,405 $551,300 $243,500 $307,800
2020 $9,306 $551,300 $243,500 $307,800
2019 $9,235 $542,300 $234,500 $307,800
2018 $9,420 $542,300 $234,500 $307,800
2017 $9,572 $542,300 $234,500 $307,800
2016 $9,566 $542,300 $234,500 $307,800
2015 $9,615 $542,300 $234,500 $307,800
2014 $9,257 $542,300 $234,500 $307,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559505

South Jersey Shore Regional MLS

APN: 03-00203-0000-00002-01