NOT LISTED FOR SALE

Estimated Value: $374,000 - $559,000

3 Beds
3 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold October 22, 2018

Last sale price $242,000

Est. 87% increase in value since last sale

Current estimated payment $3,178/month

37 Days on Market

Highlights

  • Wood Flooring
  • Awning
  • Fenced
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

This property has 2 legal, single family homes on one property!! Unit A has 3 br, 1.5 bath, basement, eat in kitchen and a large living room with an open flow. Unit B is a two story 3 bed 1 bath home with eat in kitchen& laminate flooring throughout the first floor. Central air in both homes, washer and dryer on site.
Both units have yard space and privacy between them. Don't miss out on this rare find!

Last Agent to Sell the Property

Camille Simms

RE/MAX New Beginnings Realty-Toms River Listed on: 07/16/2018

Last Buyer's Agent

Camille Simms

RE/MAX at Barnegat Bay License #1537335

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,470

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 40 x 125
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • Awning
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

  • 2 Units
  • Net Operating Income $3,000

Listing and Financial Details

  • Exclusions: Tenants personal belongings
  • The owner pays for water, sewer
  • Assessor Parcel Number 02-00049-0000-00362

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,470

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 40 x 125
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Siding Shingle: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Net Income: 3000.0
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Awnings2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Tenant Storage
  • Basement: Yes
  • Total Bedrooms: 3
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants personal belongings
  • Construction Type: Shingle Siding
  • Exterior Features: Fence, Patio, Awnings
  • 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: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 125
  • Parcel #: 02-00049-0000-00362
  • Zoning Description: Residential, Multi-Family

Rental Info

  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8470.0
  • Tax Other Annual Assessment Amount: 156700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 27, 2018
Sold by
Weldman Eugenio
Bought by
West Ferry Llc
Seller's Agent
Camille Simms
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Camille Simms
RE/MAX at Barnegat Bay
Sold Price
$242,000
Current Estimated Value
$453,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,075
Avg. Annual Appreciation
9.22%

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 22, 2018
Sold by
2505 Columbia Ave Llc
Bought by
Waldman Eugenio
Seller's Agent
Camille Simms
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Camille Simms
RE/MAX at Barnegat Bay
Sold Price
$242,000

Purchase Details

Listed on
Sep 27, 2014
Closed on
Dec 12, 2014
Sold by
Richters Renovations Llc
Bought by
2505 Columbia Avenue Llc
Seller's Agent
Mary Reiling
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Raymond LaCour
RealtyMark Properties
Sold Price
$1,400

Purchase Details

Closed on
Nov 10, 2009
Sold by
Dell Richard and Terry Etal
Bought by
Richter'S Renovations Llc

Purchase Details

Closed on
May 20, 2002
Sold by
Miller Bruce
Bought by
Dall Richard and Dall Terry

Purchase Details

Closed on
Apr 1, 1994
Sold by
Morrell Michael
Bought by
Grotatowski Elizabeth and Gortatowski Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.44%

Purchase Details

Closed on
Feb 10, 1994
Sold by
Schkrioba Lisa
Bought by
Morell Michael and Gortatowski Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
West Ferry Llc -- None Available
Waldman Eugenio $242,000 Old Republic Natl Title Ins
2505 Columbia Avenue Llc -- Chicago Title Insurance Co
Richter'S Renovations Llc $130,000 --
Dall Richard $142,500 --
Grotatowski Elizabeth $138,000 --
Morell Michael $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morell Michael $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $242,000 0.0% --
05/31/2017 05/31/17 Rented $18,000 +1100.0% --
05/29/2017 05/29/17 Under Contract -- -- --
04/07/2017 04/07/17 For Rent $1,500 +7.1% --
02/05/2015 02/05/15 Rented $1,400 -17.6% --
02/04/2015 02/04/15 Under Contract -- -- --
09/27/2014 09/27/14 For Rent $1,700 +17.2% --
10/05/2012 10/05/12 Rented $1,450 -6.5% --
09/15/2012 09/15/12 Under Contract -- -- --
05/07/2012 05/07/12 For Rent $1,550 -- --
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
2025 $9,506 $241,700 $44,000 $197,700
2024 $8,938 $241,700 $44,000 $197,700
2023 $8,938 $241,770 $44,000 $197,770
2022 $6,234 $173,300 $44,000 $129,300
2021 $6,081 $173,300 $44,000 $129,300
2020 $8,360 $241,700 $44,000 $197,700
2019 $8,143 $241,700 $44,000 $197,700
2018 $8,277 $156,700 $27,000 $129,700
2017 $8,470 $156,700 $27,000 $129,700
2016 $8,355 $156,700 $27,000 $129,700
2015 $8,244 $156,700 $27,000 $129,700
2014 $8,222 $156,700 $27,000 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21828186

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00049-0000-00362