NOT LISTED FOR SALE

229 Dupont Ave Unit 6 Units Seaside Heights, NJ 08751

Estimated Value: $344,000 - $729,733

10 Beds
3 Baths
6,000 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,260,000 $210 Per Sq Ft

Current estimated payment $3,369/month

48 Days on Market

Highlights

  • Bayside
  • Multiple cooling system units
  • Vinyl Flooring

About This Home

As of June 2023

Three Separately Deeded 2 Family's next to each other located in the super quiet residential section of town. Fully occupied. Rents could be increased, and new leases could be written for all 6 tenants.. All units have separate electric and gas meters that tenants pay. Very residential section of town. Walk to everything. Need at least 48 Hrs notice to show. If these separately deeded 2 family's were sold individually, this could be a good flip possibility. Conveniently located walking distance to the beach, boardwalk, rides, shopping and restaurants. Off PKY Exit 82 1 Hr from NYC. Philly and AC.

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 05/04/2023

Last Buyer's Agent

David Ten Hoeve

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,000

Lot Details

  • 1,307

Home Design

  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Additional Features

  • Exterior Lighting
  • Bayside

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, snow removal, sewer
  • Assessor Parcel Number 27-00017-0002-00033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Other, Bayside
  • Subdivision Name: None
  • Reso Flooring: Vinyl, See Remarks, Other
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 52, 25 x 52, 25 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • Siding Shingle: Yes
  • Lot Description Bayside2: Yes
  • Cooling Multi Units: Yes
  • Roof Sloping: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Water Type Bayside: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Furnace3: Yes
  • Unit 4 Furnace10: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 4 Water Heater4: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 5 Gas Stove9: Yes
  • Unit 5 Furnace9: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 10
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle, Sloping
  • Waterfront Features: Bayside
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Exterior Features: Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Dimensions: 25 x 52, 25 x 52, 25 x 100
  • Parcel #: 27-00017-0002-00033
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11000.0

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 30, 2023
Sold by
Hibell Rick and Hibell Kelli A
Bought by
182 Adams Street Llc
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
David Ten Hoeve
Keller Williams Realty East Monmouth
List Price
$1,399,900
Sold Price
$1,260,000
Premium/Discount to List
-$139,900
-9.99%
Total Days on Market
48
Views
84
Current Estimated Value
$542,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$717,317
Avg. Annual Appreciation
-34.79%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Sea Bee Property Llc
Bought by
Hibell Rick and Hibell Kelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,355
Interest Rate
6.27%
Mortgage Type
Unknown
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
182 Adams Street Llc $420,000 First American Title Insurance
Hibell Rick $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hibell Rick $223,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $1,260,000 -10.0% $210 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,399,900 -- $233 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,040 $153,600 $83,100 $70,500
2023 $3,842 $153,600 $83,100 $70,500
2022 $3,842 $153,600 $83,100 $70,500
2021 $3,717 $153,600 $83,100 $70,500
2020 $3,729 $153,600 $83,100 $70,500
2019 $3,617 $153,600 $83,100 $70,500
2018 $3,522 $153,600 $83,100 $70,500
2017 $3,456 $153,600 $83,100 $70,500
2016 $3,398 $153,600 $83,100 $70,500
2015 $3,279 $153,600 $83,100 $70,500
2014 $3,003 $153,600 $83,100 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22311869

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00017-02-00029