NOT LISTED FOR SALE

231 5th St S Brigantine, NJ 08203

Estimated Value: $708,000 - $871,000

-- Bed
-- Bath
1,818 Sq Ft
$435/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $475,000 $261 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,905/month

34 Days on Market

Highlights

  • Ocean View
  • Deck
  • Breakfast Area or Nook
  • Building is beachfront but unit may not have water views
  • Great Room
  • Porch

About This Home

As of September 2020

Location, Location, Location!! Meticulous Beach Block Renovated Duplex!! Too many upgrades to list. Both units have separate utilities: Gas, Electric, Cable, etc. Economical gas heat and central air (AC). Short walk to Everything: Brigantine's beautiful beaches, Restaurants, Shopping, Convenience Stores (WAWA), Church, Public Transportation, Boat ramp, Public dock area, Etc. Also, a short drive to the World's Playground - Atlantic City. Second floor Deck has small views of the Ocean. This property also has Great Investment Opportunities - Low interested rates and nice income (Plus garage possible rental), makes this property affordable for everyone!! Make one your beach house and the other a rental. Or condo each unit and sell the Condo for a premium in this current real estate market!! Very easy to show, so bring your pickiest clients! This property is priced to Go!!

Last Listed By

John Burns

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE License #0014766 Listed on: 06/11/2020

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,755

Year Built

  • 1955

Lot Details

  • Lot Dimensions are 50x100
  • Building is beachfront but unit may not have water views

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Blinds
  • Great Room
  • Ocean Views
  • Crawl Space
  • Storage In Attic
  • Storm Screens

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,755

Year Built

1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds
  • Lvt Date: 06/11/2020
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Appliances: Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Breakfast Nook, Great Room, Kitchen, Laundry/Utility Rm, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Ocean View, Patio, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

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
  • Lot Dimensions: 50x100

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Cooling, Cable Tv, Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 14, 2020
Sold by
Rehill Monica A and Rehill Edward M
Bought by
Wilkinson Joseph and Wilkinson Rosemary
Seller's Agent
John Burns
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Buyer's Agent
SHARON MONTUFAR
BHHS FOX and ROACH-Brigantine
List Price
$509,000
Sold Price
$475,000
Premium/Discount to List
-$34,000
-6.68%
Total Days on Market
34
Current Estimated Value
$790,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,455
Avg. Annual Appreciation
11.77%
Original Mortgage
$285,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Burns John F and Burns Daniel J
Bought by
Rehill Monica A and Rehill Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,625
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2004
Sold by
Howley Michael J and Rossi Donna M
Bought by
Thesing Denis M and Forgach Kathryn

Purchase Details

Closed on
Mar 24, 1998
Sold by
Burns Daniel J and Burns Mary Ann
Bought by
Burns Daniel J and Burns Mary Ann

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
Wilkinson Joseph $475,000 Title Company Of Jersey
Rehill Monica A $187,500 North American Title Agency
Thesing Denis M $430,000 Quality Title
Burns Daniel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkinson Joseph $285,000
Previous Owner Rehill Monica A $140,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $475,000 -6.7% $261 / Sq Ft
08/16/2020 08/16/20 Price Changed $509,000 0.0% $280 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $509,000 -- $280 / Sq Ft
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 $5,755 $306,100 $221,000 $85,100
2023 $5,317 $306,100 $221,000 $85,100
2022 $5,317 $306,100 $221,000 $85,100
2021 $5,222 $306,100 $221,000 $85,100
2020 $5,167 $306,100 $221,000 $85,100
2019 $5,213 $306,100 $221,000 $85,100
2018 $5,317 $306,100 $221,000 $85,100
2017 $5,403 $306,100 $221,000 $85,100
2016 $5,400 $306,100 $221,000 $85,100
2015 $5,427 $306,100 $221,000 $85,100
2014 -- $306,100 $221,000 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537860

South Jersey Shore Regional MLS

APN: 03-00702-0000-00007