$987,500
SOLD APR 2, 2024

302 4th Ave Belmar, NJ 07719

4 Beds
3 Baths
1,750 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$564 Per Sq Ft

24% Above List Price

25 Days on Market

Highlights

  • Garage Apartment
  • Deck
  • 1 Car Garage
  • Cape Cod Architecture
  • No HOA
  • Outdoor Shower

About This Home

As of April 2024

CALLING ALL INVESTORS.... Unveil the potential of this REO property nestled just a few blocks from the picturesque Ocean Ave of Belmar, NJ. This character-filled home, now stripped to its bones, is ripe for transformation or a complete redesign. With a separate garage featuring an apartment above, it presents an enticing canvas for a savvy investor to refurbish for a flip, rent, or a full-scale development into a luxurious beachside residence.

Last Agent to Sell the Property

Danielle Arena

C21/ Action Plus Realty License #0999926 Listed on: 11/10/2023

Last Buyer's Agent

George Shenewolf

Crossroads Realty Ocean Cty Regional Office License #1220879

Crossroads Realty Ocean Cty Regional Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,216

Year Built

  • Built in 1942

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 1 Car Garage
  • Garage Apartment
  • Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck

Schools

  • Belmar Middle School

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00032-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,216

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: Detached, Cape
  • Year Built: 1942
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.11
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Cape: Yes
  • ExteriorDeck: Yes
  • Cooling None12: Yes
  • ExteriorOutdoorShower: Yes
  • Garage Apt Above Garage: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Deck, Outdoor Shower

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 07-00032-0000-00018

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10216.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Apr 4, 2024
Sold by
Pc8reo Llc
Bought by
Harbor Court Estates Llc
Seller's Agent
Danielle Arena
C21/ Action Plus Realty
Buyer's Agent
George Shenewolf
Crossroads Realty Ocean Cty Regional Office
List Price
$799,000
Sold Price
$987,500
Premium/Discount to List
$188,500
23.59%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.65%
Original Mortgage
$1,349,375
Outstanding Balance
$465,351
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$2,502,607

Purchase Details

Closed on
May 10, 2001
Sold by
Alexander Richard
Bought by
Montana William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.03%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Pascale Mary
Bought by
Alexander Richard and Lori Ferrara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.12%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $987,500 Surety Title
Deed $365,000 --
Deed $163,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,349,375 New Conventional
Previous Owner $292,000 No Value Available
Previous Owner $145,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $3,199,999 +6.7% $994 / Sq Ft
01/14/2025 01/14/25 For Sale $2,999,999 +203.8% $932 / Sq Ft
04/02/2024 04/02/24 Sold $987,500 +23.6% $564 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $799,000 -- $457 / 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 $10,584 $752,800 $584,000 $168,800
2023 $10,584 $752,800 $584,000 $168,800
2022 $10,216 $752,800 $584,000 $168,800
2021 $10,216 $752,800 $584,000 $168,800
2020 $10,125 $752,800 $584,000 $168,800
2019 $10,125 $752,800 $584,000 $168,800
2018 $9,297 $752,800 $584,000 $168,800
2017 $9,071 $752,800 $584,000 $168,800
2016 $8,183 $428,200 $229,000 $199,200
2015 $8,217 $428,200 $229,000 $199,200
2014 $7,995 $413,200 $214,000 $199,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22331368

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00032-0000-00018