NOT LISTED FOR SALE

262 1st Ave Unit 2 Manasquan, NJ 08736

Estimated Value: $704,000 - $1,200,112

2 Beds
1 Bath
-- Sq Ft
1,307 Sq Ft Lot

Highlights

  • Ocean View
  • Oceanside
  • Wood Flooring
  • Manasquan Elementary School Rated A-
  • Custom Home
  • 3-minute walk to Fisherman's Cove Conservation Area

About This Home

As of August 2022

SUMMER RENTAL - Completely renovated, bright & sunny summer retreat with open floor plan located right by the beach! Unit is nicely furnished, includes one off-street parking space, a large covered porch overlooking 1st Ave, vaulted/beamed ceilings, refinished wood floors, beachy/modern paint tones, ceiling fans, individually zoned ductless central a/c system, laundry, ocean/beach views from the back bedroom, renovated bathroom & gorgeous kitchen with white laminate cabinets, quartz counter-tops & stainless steel appliances (including dishwasher, gas range & built-in microwave). June & July rented, available August through Labor Day (8/1-9/5) for $16,000, 9/10-10/2 for $8000, or 8/1-10/2 for $23,000 . Price includes 4 beach badges, wifi & shared use of a BBQ grill. No smoking!

Last Agent to Rent the Property

Jacob Smith

Ward Wight Sotheby's International Realty Listed on: 02/12/2022

Last Renter's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,287

Year Built

  • 1907

Lot Details

  • 1,307

Home Design

  • Custom Home
  • Carriage House

Interior Spaces

  • 1-Story Property
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Sliding Doors
  • Ocean Views

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Outdoor Gas Grill
  • Porch

Schools

  • Manasquan Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Water Heater

Additional Features

  • 1,307 Sq Ft Lot
  • Upper Level

Listing and Financial Details

  • Property Available on 8/1/21
  • Assessor Parcel Number 29-00181-0000-00015-02

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,287

Year Built

1907

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished
  • Available Date: 2021-08-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Carriage House, Upper Level
  • Reso Interior Features: Ceilings - Beamed, Skylight, Recessed Lighting
  • Year Built (Public Record): 9999
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.03
  • Location Middle School: Manasquan
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Floor - Ceramic4: Yes
  • Contract Info Available Date: 2021-08-01
  • Lease Requirements Security Deposit4: Yes
  • Included Gas Grill: Yes
  • Living Room Sliding Door2: Yes
  • General Property Info # Parking Spaces3: 1
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Interior Ceilings - Beamed: Yes
  • Kitchen Skylight4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Exterior Oceanside2: Yes
  • Style Carriage House: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Acres: 0.03
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exterior Features: Porch - Open, Oceanside

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: See Remarks, Other
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Manasquan

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 29-00181-0000-00015-02

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Yehuda Holdings Llc
Bought by
Manasquan Capital Holdings Llc
Current Estimated Value
$947,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$372,255
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$575,523

Purchase Details

Closed on
Jan 22, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Yehuda Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 22, 2019
Sold by
Eileen Morgan And Cucamonga Llc
Bought by
Deutsche Bank National Trust Company and Long Beach Mortgage Loan Trust 2006 Wl1

Purchase Details

Closed on
Aug 31, 2005
Sold by
American Timber Co
Bought by
Morgan Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
9.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Manasquan Capital Holdings Llc -- Madison Title Agency Llc
Manasquan Capital Holdings Llc -- Old Republic Title
Yehuda Holdings Llc $389,000 Servicelink Llc
Deutsche Bank National Trust Company $401,000 None Available
Morgan Eileen $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manasquan Capital Holdings Llc $410,000
Closed Manasquan Capital Holdings Llc $410,000
Previous Owner Morgan Eileen $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Rented $25,000 +56.3% --
08/23/2022 08/23/22 Under Contract -- -- --
02/12/2022 02/12/22 For Rent $16,000 -57.9% --
05/28/2021 05/28/21 Rented $38,000 +162.1% --
04/06/2021 04/06/21 Under Contract -- -- --
02/26/2021 02/26/21 Price Changed $14,500 +26.1% --
01/26/2021 01/26/21 For Rent $11,500 -9.8% --
10/01/2020 10/01/20 Rented $12,750 +650.0% --
08/20/2020 08/20/20 Under Contract -- -- --
07/28/2020 07/28/20 For Rent $1,700 -92.4% --
07/08/2020 07/08/20 Under Contract -- -- --
06/27/2020 06/27/20 Rented $22,500 +114.3% --
06/10/2020 06/10/20 Price Changed $10,500 +10.5% --
06/05/2020 06/05/20 For Rent $9,500 -- --
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 $11,287 $634,800 $530,100 $104,700
2024 $10,861 $634,800 $530,100 $104,700
2023 $10,861 $634,800 $530,100 $104,700
2022 $10,455 $634,800 $530,100 $104,700
2021 $10,455 $634,800 $530,100 $104,700
2020 $10,309 $634,800 $530,100 $104,700
2019 $9,922 $634,800 $530,100 $104,700
2018 $9,700 $634,800 $530,100 $104,700
2017 $9,332 $634,800 $530,100 $104,700
2016 $9,084 $634,800 $530,100 $104,700
2015 $10,186 $596,000 $483,600 $112,400
2014 $8,467 $496,000 $383,600 $112,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22203796

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00181-0000-00015-02