NOT LISTED FOR SALE

Estimated Value: $1,076,000 - $1,188,700

5 Beds
3 Baths
2,972 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $945,000 $318 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,735/month

8 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot
  • Walking Distance to Water
  • Laundry Facilities

About This Home

As of April 2022

Well maintained 3 family home right off Shippan Avenue. Walk to the beach and parks right in your front and backyard! First floor 1,076 sq ft 2 bed 1 bath with large front porch, second floor 1,050 sq ft also features 2 bed/1 bath with eat in kitchen, large family room and private front porch, third floor is a generously sized 768sq ft 1 bedroom with private third floor balcony. Entire property renovated in 2017. Laundry on site, all units have separate utilities.

Last Agent to Sell the Property

Christopher Spadaro

Coldwell Banker Realty License #RES.0805885 Listed on: 02/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Kaitlyn Walsh

William Raveis Real Estate License #RES.0797747

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,843

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • 2,972 Sq Ft Home
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,843

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2972
  • Public Record Living Room Sq Ft: 2972
  • Total Sq Ft: 2972
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5306
  • Directions: Shippan ave to Seaview - GPS 3 Seaview
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out, Unfinished
  • Laundry Room Info: Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: CN

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 13843
  • Mil Rate Base: 25.970
  • Mil Rate Tax District: 0.970
  • Assessor Parcel Number: 330403

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 18, 2017
Sold by
30 Magee Avenue Llc
Bought by
Schectman Zachary J
Seller's Agent
Nancy Hadden
Century 21 AllPoints Realty
Buyer's Agent
Rebecca Godoi
Archway Realty Group
List Price
$779,000
Sold Price
$695,000
Premium/Discount to List
-$84,000
-10.78%
Current Estimated Value
$1,120,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,925
Avg. Annual Appreciation
5.74%
Original Mortgage
$682,411
Outstanding Balance
$566,151
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$554,774

Purchase Details

Closed on
Mar 11, 2016
Sold by
Associated Properties
Bought by
30 Magee Avenuee Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schectman Zachary J $695,000 --
Schectman Zachary J $695,000 --
30 Magee Avenuee Llc $415,000 --
30 Magee Avenuee Llc $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schectman Zachary J $682,411
Closed Schectman Zachary J $682,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $945,000 +5.1% $318 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $899,000 +29.4% $302 / Sq Ft
05/17/2017 05/17/17 Sold $695,000 -4.7% $172 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
03/08/2017 03/08/17 Price Changed $729,000 -2.7% $180 / Sq Ft
02/15/2017 02/15/17 Price Changed $749,000 -3.9% $185 / Sq Ft
01/04/2017 01/04/17 For Sale $779,000 -- $193 / Sq Ft
Source: SmartMLS

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 $10,280 $429,750 $250,810 $178,940
2024 $8,282 $354,550 $250,810 $103,740
2023 $8,949 $354,550 $250,810 $103,740
2022 $13,962 $513,860 $223,800 $290,060
2021 $13,843 $513,860 $223,800 $290,060
2020 $13,540 $513,860 $223,800 $290,060
2019 $13,540 $513,860 $223,800 $290,060
2018 $13,119 $513,860 $223,800 $290,060
2017 $8,956 $333,050 $167,240 $165,810
2016 $8,699 $333,050 $167,240 $165,810
2015 $8,469 $333,050 $167,240 $165,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170468481

SmartMLS

APN: STAM-000002-000000-000068