NOT LISTED FOR SALE

262 1st Ave Manasquan, NJ 08736

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

4 Beds
2 Baths
740 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold January 30, 2020

Last sale price $389,000 $526 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,966/month

147 Days on Market

Highlights

  • Oceanside
  • Deck
  • Forced Air Heating System
  • Manasquan Elementary School Rated A-
  • No HOA
  • 3-minute walk to Fisherman's Cove Conservation Area

About This Home

As of January 2020

4 bedroom, 2 bath oceanside home with gas/fha, public water and sewer.Home is being sold AS IS. Seller will not negotiate offers with home sale contingencies. VACANT LOT IN FRONT OF SUBJECT PROPERTY IS NOT INCLUDED & IS NOT OWNED BY OUR SELLER .NOTE: Home has water/mold damage from Superstorm Sandy. Lot in front of subject property is not owned by this seller. Home has structural problems, electrical wiring was exposed to salt water damage, HVAC systems are salt water damaged, home has broken pipes. Buyer must contact the Township and an engineer to verify if the property can be inhabited or if it must be demolished and/or elevated. 1/8/2020 Back on market again. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank & Co. or its direct and indirect subsidiaries.

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 08/30/2019

RE/MAX at Barnegat Bay

Last Buyer's Agent

John Glancy Jr.

RE/MAX at Barnegat Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,700

Year Built

  • Built in 1907

Lot Details

  • 1,307

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Oceanside
  • Deck

Schools

  • Manasquan Elementary And Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • 1,307 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00181-0000-00015-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,700

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • New Construction: No
  • Year Built: 1907
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.03
  • Location Middle School: Manasquan
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Deck
  • Foundation Details: Slab
  • 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
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Manasquan

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 29-00181-0000-00015-02
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9700.0

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

Listed on
Aug 30, 2019
Closed on
Jan 22, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Yehuda Holdings Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
John Glancy
Coldwell Banker Flanagan Realty
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
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
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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
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
01/30/2020 01/30/20 Sold $389,000 -- $526 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
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: 21935722

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00181-0000-00015-02