NOT LISTED FOR SALE

23 Brooklyn Ave Lavallette, NJ 08735

Estimated Value: $1,370,937 - $1,853,000

7 Beds
4 Baths
2,600 Sq Ft
$632/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $820,000 $315 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $9,927/month

8 Days on Market

Highlights

  • Beach Access
  • Deck
  • Screened Porch
  • Oceanside
  • 1 Fireplace
  • Air Conditioning

About This Home

As of March 2012

Restored triplex-desirable Lavallette oceanside priced at LAND VALUE. Sold as a working set-up: furnished & decorated w/fully stocked kitchens. RearDown: 3+BRs, 2BAs, RearUp: 2BR, 1BA w/open flr plan. Front: Knotty pine cottage w/brand new tile thru-out-2BR/1BA+encl. porch. Newer siding & roofs. Rear units: washers/dryers/dishwr's. Excellent rental history for last decade. Rear is rented as 1 big house for @$4500/wk in high season & front $1475/wk. Use 1, rent 2 or start new! Opportunity Knocks!

Last Agent to Sell the Property

Kathryn Kelchner

Gertrude M. Stefanik, Inc. License #0014821 Listed on: 01/17/2012

Last Buyer's Agent

Scott Meredith

Childers Sotheby's Intl Realty License #1005908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,697

Year Built

  • 1945

Lot Details

  • Lot Dimensions are 50x100
  • Street terminates at a dead end
  • Level Lot

Home Design

  • Triplex
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • 1 Fireplace
  • Window Screens
  • Screened Porch
  • Storage
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Oceanside
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Lavallette Elementary School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, heat, gas, electricity
  • Assessor Parcel Number 1600014000000028

Community Details

Building Details

  • Gross Income $60,000
  • Net Operating Income $43,000

Additional Features

  • 3 Units
  • Fenced Storage

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,697

Year Built

1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Dead End Street, Level, Oceanside
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Laminate, Ceramic Tile
  • Reso Interior Features: Attic - Pull Down Strs, Cable TV, Locked Storage, Recessed Lighting
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50X100
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Exterior Porch - Screened: Yes
  • General Property Info # Parking Spaces: 5.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Floors Laminate2: Yes
  • Income Expenses Gross Income2: 60000.0
  • Income Expenses Net Income: 43000.0
  • Exterior Screens2: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Exterior Locked Storage2: Yes
  • Interior Locked Storage: Yes
  • Unit 3 Dishwasher2: Yes
  • Exterior Beach Access2: Yes
  • Exterior BBQ2: Yes
  • Special Features: None
  • Year Built (Public Record): 1945

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Stories: 2
  • Basement:Partial: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Deck, Patio, Porch - Screened, BBQ, Beach Access, Locked Storage, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50X100
  • Parcel #: 1600014000000028
  • Zoning Description: Single Family, Residential, Neighborhood

Rental Info

  • Owner Pays: Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6697.0
  • Tax Other Annual Assessment Amount: 755800.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 60000.0

MLS Schools

  • Elementary School: Lavallette

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 9, 2012
Sold by
Kelchner Kathryn L
Bought by
23 Brooklyn Properties Llc
Seller's Agent
Kathryn Kelchner
Gertrude M. Stefanik, Inc.
Buyer's Agent
Scott Meredith
Childers Sotheby's Intl Realty
Sold Price
$820,000
Total Days on Market
8
Current Estimated Value
$1,642,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,984
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Kelly Richard
Bought by
Klechner Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.8%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Savoca Carmen
Bought by
Kelly Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.2%
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
23 Brooklyn Properties Llc $820,000 --
Klechner Kathryn $515,000 --
Kelly Richard $600,000 --
Kelly Richard $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelchner Kathryn L $160,000
Previous Owner Kelchner Kathryn L $470,000
Previous Owner Klechner Kathryn $412,000
Previous Owner Kelly Richard $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $820,000 -- $315 / 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 $8,862 $965,400 $752,500 $212,900
2023 $8,245 $965,400 $752,500 $212,900
2022 $8,245 $965,400 $752,500 $212,900
2021 $7,974 $965,400 $752,500 $212,900
2020 $7,926 $965,400 $752,500 $212,900
2019 $7,399 $755,800 $550,000 $205,800
2018 $7,339 $755,800 $550,000 $205,800
2017 $7,414 $755,800 $550,000 $205,800
2016 $7,173 $755,800 $550,000 $205,800
2015 $7,021 $755,800 $550,000 $205,800
2014 $7,052 $755,800 $550,000 $205,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21202245

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 16-00014-0000-00028