M
Seller's Agent in 2022
Mary D'Amato
Richard I. Wood Agency
(973) 722-7948
14 in this area
23 Total Sales
231 1st Ave Manasquan, NJ 08736
Estimated Value: $1,025,072 - $1,290,000
5
Beds
2
Baths
1,446
Sq Ft
$762/Sq Ft
Est. Value
Highlights
- Water Views
- Air Conditioning
- Baseboard Heating
- Manasquan Elementary School Rated A-
- Zoned Heating
- 5-minute walk to Fisherman's Cove Conservation Area
About This Home
As of November 2022INVESTORS**GREAT LOCATION**GREAT INCOME. Located directly across the street from the beach. TWO FAMILY HOME. TWO SEPARATE BUILDINGS. Front house consists of 3 bedrooms, 1 bath and washer/dryer. There are unobstructed views of the water from the second-floor front bedroom The rear home has 2 bedrooms and 1 bath. newer appliances. BRING ALL YOUR INVESTORS!!!! All furniture to go with the sale of the property. Total income $82,750. Leases are in place for winter and summer 2023.
Last Agent to Sell the Property
Richard I. Wood Agency License #9807006 Listed on: 10/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,810
Year Built
- Built in 1927
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25 x 100
Parking
- 3 Parking Spaces
Home Design
- Duplex
- Slab Foundation
Interior Spaces
- 1,446 Sq Ft Home
- 2-Story Property
- Water Views
- Crawl Space
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Manasquan Elementary And Middle School
Utilities
- Air Conditioning
- Zoned Heating
- Furnace
- Baseboard Heating
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Tenants belongings
- Assessor Parcel Number 29-00178-0000-00046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 3, 2022
Closed on
Oct 25, 2022
Sold by
Panarello Ralph and Panarello Paola
Bought by
Cotona Nicolette
Seller's Agent
Mary D'Amato
Richard I. Wood Agency
Buyer's Agent
Mary D'Amato
Richard I. Wood Agency
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,701
Avg. Annual Appreciation
8.26%
Purchase Details
Closed on
Sep 30, 2010
Sold by
Jaka Holdings Llc
Bought by
Panarello Ralph and Panarello Paola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2005
Sold by
Fiore Richard S
Bought by
Jaka Holdings Llc
Purchase Details
Closed on
May 5, 2004
Sold by
Pecoraro Consulting Inc
Bought by
Fiore Richard and Velez Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,029
Interest Rate
5.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cotona Nicolette | $885,000 | Title Links | |
| Panarello Ralph | $472,000 | Triumph Title Services Inc | |
| Jaka Holdings Llc | $585,000 | -- | |
| Fiore Richard | $465,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Panarello Ralph | $430,000 | |
| Previous Owner | Panarello Ralph | $430,000 | |
| Previous Owner | Panarello Ralph | $272,500 | |
| Previous Owner | Fiore Richard | $199,029 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $885,000 | -1.6% | $612 / Sq Ft |
| 10/13/2022 10/13/22 | Pending | -- | -- | -- |
| 10/03/2022 10/03/22 | For Sale | $899,000 | -- | $622 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $10,191 | $595,600 | $481,900 | $113,700 |
| 2023 | $10,191 | $595,600 | $481,900 | $113,700 |
| 2022 | $9,810 | $595,600 | $481,900 | $113,700 |
| 2021 | $9,810 | $595,600 | $481,900 | $113,700 |
| 2020 | $9,673 | $595,600 | $481,900 | $113,700 |
| 2019 | $9,309 | $595,600 | $481,900 | $113,700 |
| 2018 | $9,101 | $595,600 | $481,900 | $113,700 |
| 2017 | $8,755 | $595,600 | $481,900 | $113,700 |
| 2016 | $8,523 | $595,600 | $481,900 | $113,700 |
| 2015 | $7,321 | $428,400 | $332,500 | $95,900 |
| 2014 | $7,313 | $428,400 | $332,500 | $95,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22231166
APN: 29-00178-0000-00046
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