NOT LISTED FOR SALE

26 5th St Highlands, NJ 07732

-- Bed
-- Bath
1,051 Sq Ft
26,136 Sq Ft

Last Sold December 30, 2020

Last sale price $875,000 $833 Per Sq Ft

69 Days on Market

Highlights

  • Ocean Front
  • 0.6 Acre Lot
  • Hot Water Baseboard Heater
  • Beach Access
  • Ceramic Tile Flooring

About This Home

As of December 2020

Investment Waterfront Opportunity Knocks!! Two Buildings on the property with a total of 8 Rental units. Front Building has two rental units and Back building has 6 rental units. Total monthly income is $9000. There are a total 4 - two bedroom apartments and 4 - one bedroom apartments. Each unit has separate meters for gas & electric. Property is waterfront on Sandy Hook Bay with a sandy beach & riparian grant (no dock or bulkhead). The perfect Investment Opportunity for you, the next Owner

Last Agent to Sell the Property

John Natale

Keller Williams Realty West Monmouth Listed on: 07/15/2020

Last Buyer's Agent

Daniel Vaysberg

Formula Realty, LLC License #1860179

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,154

Year Built

  • Built in 1918

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 50 x 522
  • Ocean Front
  • Property Fronts a Bay or Harbor

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Riparian rights to water flowing past the property

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Ocean Views
  • Crawl Space

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 19-00056-0000-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,154

Year Built

Built in 1918

Lot Details

0.6 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Bayfront, Oceanfront, Riparian Rights
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Ceramic Tile
  • New Construction: No
  • Year Built: 1918
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Lot Dimensions: 50 x 522
  • Location Middle School: Henry Hudson Reg
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Lot Description Bayfront2: Yes
  • General Property Info # Parking Spaces: 8.0
  • Exterior Ocean View: Yes
  • Exterior Beach Access2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.6
  • Waterfront: Yes
  • Exterior Features: Beach Access, Ocean View

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 8.0
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 50 x 522
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-00056-0000-00016
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13154.0
  • Tax Other Annual Assessment Amount: 450800.0

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Highlands
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $875,000 -7.9% $833 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $950,000 -4.5% $904 / Sq Ft
07/27/2020 07/27/20 Price Changed $995,000 -0.5% $947 / Sq Ft
07/15/2020 07/15/20 For Sale $1,000,000 0.0% $951 / Sq Ft
01/02/2017 01/02/17 Rented $13,200 +10.0% --
03/25/2015 03/25/15 Rented $12,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $16,082 $910,100 $314,600 $595,500
2024 $15,563 $812,200 $235,400 $576,800
2023 $15,563 $775,800 $212,400 $563,400
2022 $12,425 $564,900 $178,200 $386,700
2021 $12,425 $500,800 $162,000 $338,800
2020 $12,224 $492,100 $162,000 $330,100
2019 $13,154 $450,800 $162,000 $288,800
2018 $12,096 $415,400 $162,000 $253,400
2017 $12,184 $415,400 $162,000 $253,400
2016 $15,492 $415,400 $162,000 $253,400
2015 $15,416 $532,700 $216,000 $316,700
2014 $18,331 $572,600 $370,000 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22023798

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19 00056-0000-00016

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