NOT LISTED FOR SALE

Estimated Value: $1,043,000

6 Beds
2 Baths
1,936 Sq Ft
$539/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $625,000 $323 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,184/month

252 Days on Market

Highlights

  • Ocean View
  • Deck
  • Double-Wide Driveway
  • Property is near an ocean
  • 2 Fireplaces
  • Air Conditioning

About This Home

As of July 2020

Ocean block duplex located just 7th from the beach in the tranquil borough of Barnegat Light. Over 1900 square feet of living space, 6 bedrooms, 2 full baths and 2 outdoor showers there is always room for family and friends. The interior features ductless AC, an open floor plan and fireplace on each level. Exterior amenities include a huge rooftop deck with ocean and lighthouse views plus large storage shed for all of your beach accessories. The spacious 50x125 lot has room for a pool and parking for at least 5 cars. Walk or bicycle to everything that LBI has to offer such as Old Barney, mini golf, shopping, ice cream, top class restaurants, Viking Village, parks and more. Rent one unit out and use the other or rent both to maximize your return on investment. Call today and schedule tour.

Last Agent to Sell the Property

Joseph Jones III

Berkshire Hathaway HomeServices Zack Shore REALTORS License #1326416 Listed on: 04/01/2020

Berkshire Hathaway HomeServices Zack Shore REALTORS

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50 x 125
  • Level Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Ocean Views
  • Storm Doors
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Double-Wide Driveway
  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Shed

Utilities

  • Air Conditioning
  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: personal items
  • Assessor Parcel Number 02-00011-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,769

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Ocean Block, Level, Treed Lots
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • Year Built: 1960
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 125
  • Water Heater Electric2: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Parking Unpaved: Yes
  • Siding Stucco - Cement: Yes
  • Lot Description Ocean Block: Yes
  • Exterior Shed3: Yes
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Dishwasher4: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exclusions: personal items
  • Construction Type: Stucco
  • Exterior Features: Deck, Storm Door(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None, Double Wide, Unpaved
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 125
  • Parcel #: 02-00011-0000-00007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5769.0
  • Tax Other Annual Assessment Amount: 674700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 16, 2020
Sold by
Dandrea Richard and Dandrea Michael
Bought by
Colasurdo Frank Louis
Seller's Agent
Joseph Jones III
Berkshire Hathaway HomeServices Zack Shore REALTORS
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$1,043,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,000
Avg. Annual Appreciation
10.63%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1990
Bought by
D'Andrea Richard and D'Andrea Michael
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
Colasurdo Frank Louis $625,000 Simplicity Title Llc
D'Andrea Richard $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colasurdo Frank Louis $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $625,000 +4.3% $323 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $599,000 0.0% $309 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $599,000 -- $309 / Sq Ft
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
2024 $6,012 $674,700 $500,000 $174,700
2023 $5,580 $674,700 $500,000 $174,700
2022 $5,580 $674,700 $500,000 $174,700
2021 $6,005 $674,700 $500,000 $174,700
2020 $6,093 $674,700 $500,000 $174,700
2019 $5,870 $674,700 $500,000 $174,700
2018 $5,769 $674,700 $500,000 $174,700
2017 $5,971 $674,700 $500,000 $174,700
2016 $5,816 $674,700 $500,000 $174,700
2015 $5,607 $674,700 $500,000 $174,700
2014 $6,098 $674,600 $500,000 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21936641

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00011-0000-00007