NOT LISTED FOR SALE

301 40th St S Brigantine, NJ 08203

Estimated Value: $721,000 - $984,000

-- Bed
-- Bath
2,754 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $1,265,000 $459 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $5,285/month

13 Days on Market

Highlights

  • Corner Lot
  • Tankless Water Heater
  • Central Air
  • Furnished
  • Outdoor Shower
  • 2-minute walk to Dog Park

About This Home

As of May 2023

Follow this link for a virtual tour showing you the full layout of this master piece. https://youtube.com/embed/XTw4m1h5Z6k This beach block, beautifully renovated, multi-family has been meticulously cared for and is ready for its next owner! Unit A has 4 bedrooms, 2 full bathrooms, first floor laundry and open living spaces for maximum enjoyment. Unit B has 3 bedrooms, 1.5 bathrooms, second floor laundry and similar open concept living spaces. Each unit has its own outdoor shower, heating and air systems (Unit A is two zone, Unit B is one zone), tankless water heaters and their own electric and gas meters. This home has never been rented out but is being sold furnished so you can jump right into a profitable investment venture, own one and rent the other or keep them both to share amongst family and friends! The upstairs has a shared door system with fire rated, locking, doors so you can easily access both units or lock them for privacy. The outside space has an astro turf lawn, new and pristine concrete driveway for maximum parking and a shared space complete with fire pit and chairs, loungers and dining table.The bricks have been stained with a lovely, coastal and welcoming blue and the decks have been replaced with trex. Kitchens have granite countertops, plenty of cabinet space, stunning stainless steel appliances and plenty of lighting. The windows have stunning, custom, interior shutter blinds for maximum light and privacy options. NEW NEW NEW doors, water heaters, hvac systems, flooring, insulation, the list goes on. This home leaves you wanting nothing and enjoying everything! It is a must see, call to schedule an appointment today!

Last Listed By

Jeanette Vennell

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE License #1007159 Listed on: 04/07/2023

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,868

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 50x100
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Furnished
  • Stove

Pool

  • Outdoor Shower

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Tankless Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,868

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Furnished
  • Lvt Date: 04/07/2023
  • Year Built: 1954
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Gas Stove

Exterior Features

  • Outside Features: Outside Shower
  • Siding Exterior: Brick

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Electric, Tankless-Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 50x100

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Payer Gregory E
Bought by
301 40T11 Street South Condominium
Total Days on Market
13
Current Estimated Value
$812,303

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 4, 2023
Sold by
Wark Shawn
Bought by
Payer Gregory E
Seller's Agent
Jeanette Vennell
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Buyer's Agent
Jeanette Vennell
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$1,290,000
Sold Price
$1,265,000
Premium/Discount to List
-$25,000
-1.94%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 9, 2019
Sold by
Pica Camille
Bought by
Wark Shawn and Wark David
Seller's Agent
Ann Wenitsky
Century 21 Action Plus Realty - Brigantine
Buyer's Agent
Kit Cooke
BHHS FOX and ROACH-Brigantine
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.36%
Original Mortgage
$412,000
Interest Rate
3.7%

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
301 40T11 Street South Condominium -- None Listed On Document
Payer Gregory E $1,265,000 Equity Plus Land Transfer
Payer Gregory E $1,265,000 Equity Plus Land Transfer
Wark Shawn $550,000 Atrium Executive Abstract Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payer Gregory E $1,000,000
Previous Owner Wark Shawn $412,000
Previous Owner Pica Frank $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $1,265,000 -1.9% $459 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,290,000 +134.5% $468 / Sq Ft
07/09/2019 07/09/19 Sold $550,000 -8.2% $200 / Sq Ft
05/08/2019 05/08/19 For Sale $599,000 -- $218 / Sq Ft
Source: South Jersey Shore Regional 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 $8,868 $471,700 $255,500 $216,200
2023 $8,193 $471,700 $255,500 $216,200
2022 $8,193 $471,700 $255,500 $216,200
2021 $8,047 $471,700 $255,500 $216,200
2020 $7,962 $471,700 $255,500 $216,200
2019 $7,583 $445,300 $255,500 $189,800
2018 $7,735 $445,300 $255,500 $189,800
2017 $7,860 $445,300 $255,500 $189,800
2016 $7,855 $445,300 $255,500 $189,800
2015 $7,895 $445,300 $255,500 $189,800
2014 $7,601 $445,300 $255,500 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572869

South Jersey Shore Regional MLS

APN: 03-03004-0000-00012