NOT LISTED FOR SALE

Estimated Value: $850,000 - $1,228,000

-- Bed
2 Baths
1,764 Sq Ft
$598/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $685,000 $388 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,346/month

14 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Level Lot
  • 1 Fireplace
  • Tankless Water Heater
  • Carpet

About This Home

As of September 2021

Large 60' x 100' lot in great location for ocean bay beaches. Easy access to Causeway and all the amenities Ship Bottom offers. Currently occupied by legal duplex. First floor unit interior fully remediated, repaired and updated after Sandy, but requires new windows, siding and second floor deck. Sold strictly "as is", appliances and tankless hot water systems also "as is", not guaranteed. Home inspection for informational purposes only. Currently occupied on both floors, month-to-month tenants, notified to vacate by Sept. 30. Seller holds NJ real estate license.

Last Listed By

Virginia Cummings

Island Realty Listed on: 06/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00
  • Infill Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Fixer Upper
  • Foundation Flood Vent
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Wood or Metal Shed

Utilities

  • Hot Water Baseboard Heater
  • Tankless Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 29-00074-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,191

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Large 60' x 100' lot in great location for ocean bay beaches. Easy access to Causeway and all the amenities Ship Bottom offers. Currently occupied by legal duplex. First floor unit interior fully remediated, repaired and updated after Sandy, but requires new windows, siding and second floor deck. Sold strictly "as is", appliances and tankless hot water systems also "as is", not guaranteed. Home inspection for informational purposes only. Currently occupied on both floors, month-to-month tenants, notified to vacate by Sept. 30. Seller holds NJ real estate license.
  • Special Features: None

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Stove, Water Heater - Tankless
  • Flooring Type: Carpet, Vinyl
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Crawl Space, Flood Vent
  • Basement: No
  • Total Sq Ft: 1764
  • Living Area Sq Ft: 1764
  • Price Per Sq Ft: 368.48
  • Above Grade Finished Sq Ft: 1764
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 282

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Wood/Metal Shed
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LONG BEACH ISLAND SCHOOLS
  • School District Key: 300200396370
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 141100.00
  • Land Assessed Value: 350000.00
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3076495
  • Tax Annual Amount: 5191.00
  • Assessor Parcel Number: 29-00074-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 1764
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/23/2021

MLS Schools

  • School District Name: LONG BEACH ISLAND SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 29, 2021
Sold by
Cummings Virginia S
Bought by
Hall Bridget and Hall Michael
Seller's Agent
Virginia Cummings
Island Realty
Buyer's Agent
Rick Reynolds
BHHS Zack Shore REALTORS
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Total Days on Market
14
Current Estimated Value
$1,054,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,865
Avg. Annual Appreciation
13.39%
Original Mortgage
$513,750
Outstanding Balance
$477,991
Interest Rate
2.88%
Estimated Equity
$600,231

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 14, 2021
Sold by
Cummings Virginia S
Bought by
Hall Michael and Hall Bridget
Seller's Agent
Virginia Cummings
Island Realty
Buyer's Agent
Rick Reynolds
BHHS Zack Shore REALTORS
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Outstanding Balance
$477,991
Interest Rate
2.88%
Estimated Equity
$600,231

Purchase Details

Closed on
Aug 13, 1999
Sold by
West Robert R
Bought by
Cummings Virginia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.6%

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
Hall Michael $685,000 Foundation Title Llc
Cummings Virginia S $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Michael $513,750
Previous Owner Cummings Virginia S $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $685,000 +5.4% $388 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $650,000 -- $368 / 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 $5,643 $491,100 $350,000 $141,100
2023 $5,201 $491,100 $350,000 $141,100
2022 $5,201 $491,100 $350,000 $141,100
2021 $5,176 $491,100 $350,000 $141,100
2020 $5,191 $491,100 $350,000 $141,100
2019 $5,196 $491,100 $350,000 $141,100
2018 $5,206 $491,100 $350,000 $141,100
2017 $4,867 $491,100 $350,000 $141,100
2016 $4,673 $422,100 $295,000 $127,100
2015 $4,559 $422,100 $295,000 $127,100
2014 $4,554 $422,100 $295,000 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2000244

Bright MLS

APN: 29-00074-0000-00018