NOT LISTED FOR SALE

Estimated Value: $1,267,000 - $1,698,000

Studio
3 Baths
2,016 Sq Ft
$709/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,250,000 $620 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,998/month

213 Days on Market

Highlights

  • Oceanside
  • Family Room Off Kitchen
  • Window Unit Cooling System
  • Traditional Architecture
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of April 2024

Charming duplex situated on a 50x125 lot in the heart of Barnegat Light, just steps from the beach. First floor offers 3 bedrooms and 1 full bath, 1 powder room with a spacious living room and kitchen, second floor offers 3 bedrooms and 1 full bath with a spacious living room. Whether you're looking for an investment property to bring in some passive income, enjoy the summers yourself or build your LBI dream home, the possibilities for this property are endless. This home is conveniently located in close proximity to to some of the best shops, restaurants and attractions LBI is famous for. Beloved establishments and sites like Mustache Bills Diner, Viking Village, Mini golf and the Barnegat Light House State park are just a short stroll away. Don't miss out on the opportunity to make this special piece of LBI your own!

Last Agent to Sell the Property

William Hodgson Jr

(609) 494-4091 surfcitybillylbi@yahoo.com Island Realty-Surf City Listed on: 08/08/2023

Last Buyer's Agent

William Hodgson Jr

(609) 494-4091 surfcitybillylbi@yahoo.com Island Realty-Surf City Listed on: 08/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1960

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Crawl Space
  • Eat-In Kitchen

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Air
  • Electric Baseboard Heater
  • 60+ Gallon Tank

Additional Features

  • More Than Two Accessible Exits
  • Oceanside

Community Details

  • 2 Units
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 02-00017-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,195

Year Built

Built in 1960

Lot Details

6,251 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Fully Furnished
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Tub Shower
  • Foundation Details: Crawl Space
  • Total Sq Ft: 2016
  • Living Area Sq Ft: 2016
  • Price Per Sq Ft: 693.95
  • Above Grade Finished Sq Ft: 2016
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6251.00
  • Zoning: R-B

Rental Info

  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6195.00
  • Assessor Parcel Number: 02-00017-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Apr 2, 2024
Sold by
Butler Lisa M
Bought by
3 E 9Th St Llc
Seller's Agent
William Hodgson Jr
Island Realty-Surf City
Buyer's Agent
William Hodgson Jr
Island Realty-Surf City
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%
Views
295
Current Estimated Value
$1,430,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,342
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,062,000
Outstanding Balance
$1,044,952
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$385,390

Purchase Details

Closed on
Dec 9, 2020
Sold by
Nicholson Shirley E and Nicholson William H
Bought by
Butler Lisa M and Teh Revocable Tr Of Shirley E

Purchase Details

Closed on
Mar 2, 1985
Bought by
Nicholson William D and Nicholson Shirley E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3 E 9Th St Llc $1,250,000 Prestige Title
3 E 9Th St Llc $1,250,000 Prestige Title
Butler Lisa M -- None Available
Nicholson William D $150,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 E 9Th St Llc $1,062,000
Closed 3 E 9Th St Llc $1,062,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $1,250,000 -10.7% $620 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,399,000 -6.7% $694 / Sq Ft
01/04/2024 01/04/24 For Sale $1,499,000 0.0% $744 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $1,499,000 -- $744 / Sq Ft
Source: Bright MLS

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 $7,551 $749,100 $500,000 $249,100
2024 $6,674 $749,100 $500,000 $249,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2020342

Bright MLS

APN: 02-00017-0000-00007

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