NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,775,000

4 Beds
2 Baths
1,080 Sq Ft
$1,392/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $795,000 $736 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,832/month

7 Days on Market

Highlights

  • Building is oceanfront but unit may not have water views
  • Wood Burning Stove
  • Space Heater
  • 0.92 Acre Lot
  • No HOA
  • Partially Carpeted

About This Home

As of September 2020

LBI. Beach Block and 5th house from the beach . This well maintained duplex is all about its location. Steps to the beach and a stones throw to all the restaurants and fun filled activities that has made Surf City so famous.There are 4 bedrooms and 2 full baths. 50k - 2020 rental income. The 1st floor has 3 bedrooms and 1 bath. The upstairs is a large suite with a balcony big enough to accommodate your favorite group of friends . Add 2 new outdoor showers. There are 2 decks one in the front and one in the back on the upper level. The front porch is composed of a masonry paving system to match the beautifully paved paths leading to the front door. The roof, vinyl siding and shed have been meticulously cared for and revamped since 2012. This adorable raised cape comes furnished and is completely turn key.

Last Agent to Sell the Property

Irene Santoro

RE/MAX at Barnegat Bay - Ship Bottom Listed on: 07/17/2020

RE/MAX at Barnegat Bay - Ship Bottom

Last Buyer's Agent

Alisa Molbert

BHHS Zack Shore REALTORS License #1646449

BHHS Zack Shore REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 1960

Lot Details

  • 0.92 Acre Lot
  • Building is oceanfront but unit may not have water views
  • Property is in very good condition
  • Property is zoned RA

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Partially Furnished
  • Wood Burning Stove

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

Parking

  • Driveway
  • On-Street Parking

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Surf City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32-00019-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,064

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level, Dwelling W/Separate Living Area
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: LBI. Beach Block and 5th house from the beach . This well maintained duplex is all about its location. Steps to the beach and a stones throw to all the restaurants and fun filled activities that has made Surf City so famous.There are 4 bedrooms and 2 full baths. 50k - 2020 rental income. The 1st floor has 3 bedrooms and 1 bath. The upstairs is a large suite with a balcony big enough to accommodate your favorite group of friends . Add 2 new outdoor showers. There are 2 decks one in the front and one in the back on the upper level. The front porch is composed of a masonry paving system to match the beautifully paved paths leading to the front door. The roof, vinyl siding and shed have been meticulously cared for and revamped since 2012. This adorable raised cape comes furnished and is completely turn key.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Laminated, Partially Carpeted
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 740.65
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 30

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural 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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wood Burn Stove, Space Heater
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 136000.00
  • Land Assessed Value: 675000.00
  • Lot Size Acres: 0.92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40100.00
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RA

Rental Info

  • Furnished: Partially
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 3094003
  • Tax Annual Amount: 7064.00
  • Assessor Parcel Number: 32-00019-00014
  • Tax Year: 2019
  • Close Date: 09/15/2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 16, 2020
Sold by
Brooke Richard A and Brooke Ann Marie
Bought by
Menicucci Michael and Menicucci Elizabeth
Seller's Agent
Irene Santoro
RE/MAX at Barnegat Bay - Ship Bottom
Buyer's Agent
Alisa Molbert
BHHS Zack Shore REALTORS
List Price
$799,900
Sold Price
$795,000
Premium/Discount to List
-$4,900
-0.61%
Current Estimated Value
$1,502,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,854
Avg. Annual Appreciation
13.67%
Original Mortgage
$596,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1999
Sold by
Russo Carl
Bought by
Brooke Richard A and Brooke Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
7.04%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Zeidman Howard and Zeidman Sheila
Bought by
Russo Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.14%
Source: Public Records

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
Menicucci Michael $795,000 Old Republic Title
Brooke Richard A $229,000 Old Republic Title
Russo Carl $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menicucci Elizabeth $1,500,000
Previous Owner Menicucci Michael $596,250
Previous Owner Brooke Richard A $417,000
Previous Owner Brooke Richard A $183,200
Previous Owner Russo Carl $24,500
Previous Owner Russo Carl $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $795,000 -0.6% $736 / Sq Ft
07/29/2020 07/29/20 For Sale $799,900 0.0% $741 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $799,900 -- $741 / 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
2025 $8,484 $675,000 $675,000 --
2024 $8,175 $813,400 $675,000 $138,400
2023 $7,971 $813,400 $675,000 $138,400
2022 $7,971 $813,400 $675,000 $138,400
2021 $7,294 $808,600 $675,000 $133,600
2020 $7,080 $811,000 $675,000 $136,000
2019 $7,064 $811,000 $675,000 $136,000
2018 $7,437 $732,700 $615,600 $117,100
2017 $7,532 $732,700 $615,600 $117,100
2016 $7,349 $732,700 $615,600 $117,100
2015 $7,049 $732,700 $615,600 $117,100
2014 $7,012 $732,700 $615,600 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC400396

Bright MLS

APN: 32-00019-0000-00014