NOT LISTED FOR SALE

Estimated Value: $955,689 - $1,354,000

-- Bed
2 Baths
1,752 Sq Ft
$642/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $840,000 $479 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,697/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Property fronts the bay but unit may not have water views
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of June 2022

This duplex, located close to the bridge for an easy commute, has been rented year round steadily and currently has tenants in both units. Downstairs unit boasts three bedrooms, eat-in kitchen and living room with access to ground level deck. Upstairs unit boasts two bedrooms, eat-in kitchen which is open to living room and a deck off the back. Both units have their own laundry in unit and access to outdoor shower. Easy walk to both the beach & bay, restaurants and shopping.

Last Agent to Sell the Property

Amy Weltner

BHHS Fox & Roach - Perrineville License #452469 Listed on: 03/28/2022

BHHS Fox & Roach - Perrineville

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1963

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 60.00 x 70.00
  • Property fronts the bay but unit may not have water views
  • Property is in average condition

Home Design

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

Interior Spaces

  • 1,752 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Schools

  • Long Beach Island Grade Elementary School
  • Southern Regional Middle School
  • Southern Reg High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, real estate taxes, sewer
  • Tax Lot 00034
  • Assessor Parcel Number 29-00079-00034

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,052

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Cape Cod, Traditional
  • Ownership: Fee Simple
  • Exclusions: Window AC units
  • Home Warranty: No
  • Inclusions: All appliances in both units
  • New Construction: No
  • Expected On Market: 2022-03-28
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This duplex, located close to the bridge for an easy commute, has been rented year round steadily and currently has tenants in both units. Downstairs unit boasts three bedrooms, eat-in kitchen and living room with access to ground level deck. Upstairs unit boasts two bedrooms, eat-in kitchen which is open to living room and a deck off the back. Both units have their own laundry in unit and access to outdoor shower. Easy walk to both the beach & bay, restaurants and shopping.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Dishwasher, Washer
  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Room Count: 9
  • Basement: No
  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 459.47
  • Above Grade Finished Sq Ft: 1752
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 251

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REG
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: 3rd Party
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • High School: SOUTHERN REG
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 180900.00
  • Land Assessed Value: 298400.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 60.00 x 70.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: R1

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Water, Taxes - Real Estate, Sewer
  • Rent Control: No
  • Total Actual Rent: 33100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 3076612
  • Tax Annual Amount: 5052.00
  • Assessor Parcel Number: 29-00079-00034
  • Tax Lot: 00034
  • Tax Total Finished Sq Ft: 1752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/01/2022

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Nolan Heidi
Bought by
251 Beach Llc
Current Estimated Value
$1,124,172

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 16, 2022
Sold by
Costain David G and Costain Martha G
Bought by
Nolan Heidi
Seller's Agent
Amy Weltner
BHHS Fox & Roach - Perrineville
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$805,000
Sold Price
$840,000
Premium/Discount to List
$35,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$630,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1993
Sold by
Commerce Bank Shore
Bought by
Costain David G and Costain Martha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.77%
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
251 Beach Llc -- Insight Title Services
Nolan Heidi $840,000 Pesciotta Gregg
Costain David G $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Heidi $630,000
Previous Owner Costain David G $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $840,000 +4.3% $479 / Sq Ft
05/25/2022 05/25/22 Price Changed $805,000 0.0% $459 / Sq Ft
05/17/2022 05/17/22 Price Changed $805,000 0.0% $459 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $805,000 -- $459 / 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 $5,507 $479,300 $298,400 $180,900
2023 $5,076 $479,300 $298,400 $180,900
2022 $5,076 $479,300 $298,400 $180,900
2021 $5,052 $479,300 $298,400 $180,900
2020 $5,066 $479,300 $298,400 $180,900
2019 $5,071 $479,300 $298,400 $180,900
2018 $5,081 $479,300 $298,400 $180,900
2017 $4,750 $479,300 $298,400 $180,900
2016 $4,156 $375,400 $251,500 $123,900
2015 $4,054 $375,400 $251,500 $123,900
2014 $4,051 $375,400 $251,500 $123,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2008414

Bright MLS

APN: 29-00079-0000-00034