Seller's Agent in 2023
Gavin Hodgson
Island Realty-Surf City
(609) 618-0032
66 in this area
67 Total Sales
262 N 5th St Surf City, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $1,128,000 - $1,271,688
4
Beds
2
Baths
1,224
Sq Ft
$997/Sq Ft
Est. Value
Highlights
- Bayside
- No HOA
- Outdoor Shower
- 1 Fireplace
- 1 Car Detached Garage
- Ceramic Tile Flooring
About This Home
As of December 2023LBI's Premier Street! This home can be found on the 200 block of Surf City's most desirable street! This home is tucked right in the middle of the block on one of Surf City's widest streets! Don't miss this opportunity to be in the heart of Surf City! Enjoy 4 beds/2 baths and a recently renovated kitchen. With some minor updates, this home could be the pinnacle of Surf City Cape Cods!
As a reno, this property is the perfect 50s cape. With a few light touches, this home could be one of the most sought after capes in town! Located on one of the best blocks in Surf City, this home features a covered front deck, standard cape model of 4 bed / 2 bath, eat in kitchen/dining/living room open concept, and plenty of space in the detached garage in the back! Remodel this home or do some minor upgrades to make this home your own.
As a location for your new construction, this is arguably the best block in Surf City! Wide open views, charming street maintaining newer builds and classic capes alike, and centrally located, this property is in the premier Surf City location. This home sits on a 50x100ft - Surf City's Standard Lot size.
Last Agent to Sell the Property
Island Realty-Surf City License #1327744 Listed on: 10/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,483
Year Built
- Built in 1955
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
- Partially Fenced Property
- Extensive Hardscape
- Property is zoned RA, RA
Parking
- 1 Car Detached Garage
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,224 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 1 Fireplace
- Double Hung Windows
- Crawl Space
Kitchen
- Stove
- Built-In Microwave
Flooring
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
Pool
- Outdoor Shower
Location
- Flood Risk
- Bayside
Schools
- Lbi Elementary School
- Southern Regional Middle School
- Southern Regional High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
Community Details
- No Home Owners Association
- Surf City Subdivision
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 3200067000000026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2023
Closed on
Dec 5, 2023
Sold by
Smartt Elizabeth
Bought by
Ruggiero Richard and Ruggiero Dana Marie
Seller's Agent
Gavin Hodgson
Island Realty-Surf City
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
152
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,901
Avg. Annual Appreciation
15.61%
Original Mortgage
$650,000
Outstanding Balance
$639,211
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$581,711
Purchase Details
Listed on
Oct 20, 2012
Closed on
Mar 28, 2013
Sold by
Jaybro Llc
Bought by
2013 Cottage Revocable Trust and Smartt Elizabeth
Seller's Agent
Toni Vaccaro
Island Realty-Surf City
Buyer's Agent
Kristin Chesney
Weichert Realtors - Ship Bottom
List Price
$589,000
Sold Price
$525,000
Premium/Discount to List
-$64,000
-10.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Purchase Details
Closed on
Aug 10, 1999
Sold by
Friedman Stuart and Friedman Lynne
Bought by
Jaybro Llc
Purchase Details
Closed on
Feb 13, 1995
Sold by
Sena Sallie
Bought by
Friedman Stuart and Friedman Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
9.17%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruggiero Richard | $950,000 | Madison Title | |
| Smartt Elizabeth | -- | Madison Title | |
| 2013 Cottage Revocable Trust | $525,000 | North American Title Agen | |
| Jaybro Llc | -- | -- | |
| Friedman Stuart | $183,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruggiero Richard | $650,000 | |
| Previous Owner | Friedman Stuart | $147,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2023 12/19/23 | Sold | $950,000 | -4.9% | $776 / Sq Ft |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 10/07/2023 10/07/23 | For Sale | $999,000 | +90.3% | $816 / Sq Ft |
| 03/29/2013 03/29/13 | Sold | $525,000 | -10.9% | $429 / Sq Ft |
| 03/20/2013 03/20/13 | Pending | -- | -- | -- |
| 10/20/2012 10/20/12 | For Sale | $589,000 | -- | $481 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,334 | $607,300 | $425,000 | $182,300 |
| 2024 | $6,103 | $607,300 | $425,000 | $182,300 |
| 2023 | $5,952 | $607,300 | $425,000 | $182,300 |
| 2022 | $5,952 | $607,300 | $425,000 | $182,300 |
| 2021 | $5,478 | $607,300 | $425,000 | $182,300 |
| 2020 | $5,302 | $607,300 | $425,000 | $182,300 |
| 2019 | $5,255 | $603,300 | $425,000 | $178,300 |
| 2018 | $4,915 | $484,200 | $350,000 | $134,200 |
| 2017 | $4,978 | $484,200 | $350,000 | $134,200 |
| 2016 | $4,857 | $484,200 | $350,000 | $134,200 |
| 2015 | $4,658 | $484,200 | $350,000 | $134,200 |
| 2014 | $4,634 | $484,200 | $350,000 | $134,200 |
Source: Public Records
Agents Affiliated with this Home
-
Gavin Hodgson
-
datacorrect BrightMLS
d
Buyer's Agent in 2023
datacorrect BrightMLS
Non Subscribing Office
-
Toni Vaccaro
Seller's Agent in 2013
Toni Vaccaro
Island Realty-Surf City
(609) 713-3455
35 in this area
43 Total Sales
-
K
Buyer's Agent in 2013
Kristin Chesney
Weichert Corporate
Map
Source: Bright MLS
MLS Number: NJOC2021640
APN: 32-00067-0000-00026
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