$1,160,000
SOLD MAR 17, 2025
-- Bed
-- Bath
1,080 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$1,074 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Bayside
  • Deck
  • Outdoor Shower
  • Cape Cod Architecture
  • Wood Flooring
  • Shed

About This Home

As of March 2025

Experience Surf City!

Begin your Surf City adventure in this charming, 1950’s Surf City Cape. This home is a legal duplex, hosting 2 bedroom / 1.5 bath / kitchen / living room on the first floor and a 2 bed bed / 1 bath / kitchen and living open floor concept on the second floor.

This home rents as an entire unit all summer and gets great income! 242 8th accommodates all the modern amenities you’ll need with a beach home, while maintaining that classic beach house charm.

This property is on a standard 50’x100’ lot. Located in the middle of town on the middle block, this house is a short walk to Surf City’s commercial zone, the ocean, the bay and everything in between! Easy on and off the bridge as well!

Don’t miss this opportunity!

Last Agent to Sell the Property

Gavin Hodgson

Island Realty-Surf City License #1327744 Listed on: 02/05/2025

Last Buyer's Agent

Gavin Hodgson

Island Realty-Surf City License #1327744 Listed on: 02/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,524

Year Built

  • Built in 1950

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed

Location

  • Bayside

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Wall Furnace
  • Natural Gas Water Heater

Community Details

  • 2-Story Building
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 32-00070-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,524

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Experience Surf City! Begin your Surf City adventure in this charming, 1950’s Surf City Cape. This home is a legal duplex, hosting 2 bedroom / 1.5 bath / kitchen / living room on the first floor and a 2 bed bed / 1 bath / kitchen and living open floor concept on the second floor. This home rents as an entire unit all summer and gets great income! 242 8th accommodates all the modern amenities you’ll need with a beach home, while maintaining that classic beach house charm. This property is on a standard 50’x100’ lot. Located in the middle of town on the middle block, this house is a short walk to Surf City’s commercial zone, the ocean, the bay and everything in between! Easy on and off the bridge as well! Don’t miss this opportunity!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer - Front Loading, Washer - Front Loading, Refrigerator, Stove
  • Flooring Type: Wood, Laminated, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 1110.19
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: RA

Rental Info

  • Ground Rent Exists: No
  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5524.00
  • Assessor Parcel Number: 32-00070-00018
  • Tax Lot: 00018
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/17/2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
May 6, 2025
Sold by
Kline Joshua
Bought by
Deane Development Llc
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$1,199,000
Sold Price
$1,160,000
Premium/Discount to List
-$39,000
-3.25%
Views
16
Current Estimated Value
$1,238,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,533
Avg. Annual Appreciation
16.05%

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 10, 2025
Sold by
Mcquillan Drenan and Mcquillan Rachael
Bought by
Kline Joshua
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$1,199,000
Sold Price
$1,160,000
Premium/Discount to List
-$39,000
-3.25%
Views
16

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 10, 2022
Sold by
Savianeso June A
Bought by
Mcquillan Rachael and Mcquillan Drenan
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$950,000
Sold Price
$998,027
Premium/Discount to List
$48,027
5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Dec 29, 1992
Bought by
Savianeso Michael G and Savianeso June A
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 Type Sale Price Title Company
Deed $1,275,000 Old Republic Title
Deed $1,160,000 Stewart Title
Deed $998,027 University Title
Deed $148,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $1,160,000 -3.3% $1,074 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,199,000 +20.1% $1,110 / Sq Ft
06/16/2022 06/16/22 Sold $998,027 +5.1% $924 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $950,000 -- $880 / Sq Ft
Source: Bright 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 $5,524 $549,700 $425,000 $124,700
2023 $5,387 $549,700 $425,000 $124,700
2022 $5,387 $549,700 $425,000 $124,700
2021 $4,958 $549,700 $425,000 $124,700
2020 $4,799 $549,700 $425,000 $124,700
2019 $4,788 $549,700 $425,000 $124,700
2018 $4,695 $462,600 $350,000 $112,600
2017 $4,730 $460,100 $350,000 $110,100
2016 $4,615 $460,100 $350,000 $110,100
2015 $4,426 $460,100 $350,000 $110,100
2014 $4,403 $460,100 $350,000 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2031246

Bright MLS

APN: 32-00070-0000-00018