NOT LISTED FOR SALE

315 39th St S Brigantine, NJ 08203

Estimated Value: $947,000 - $1,485,000

-- Bed
-- Bath
-- Sq Ft
3,615 Sq Ft Lot

Last Sold March 15, 2023

Last sale price $975,000

Est. 18% increase in value since last sale

Current estimated payment $7,241/month

120 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Den
  • Deck
  • Great Room
  • 4-minute walk to Dog Park

About This Home

As of March 2023

OPPORTUNITY AWAITS BUT NOT FOR LONG! This beach block quaint, yet spacious house can be utilized as a duplex or a single family to accommodate extended family. Rent both units for a great income producing property, or live in the main house while earning an income on the back cottage OR use both units yourself or for extended family or friends. This newly renovated property is situated 7 houses from beach on one of the best and largest beaches in Brigantine. This bright and airy bungalow offers two units - one 3 bedroom and the other 2 bedroom unit for a total of 5 bedrooms, 2 living spaces, and an awesome, rare rooftop deck with ocean views! Current owners have added NEW floors, NEW washer and dryer on the second floor, updated breakfast nook in the kitchen, a 4 zone mini split air conditioner and heater unit, and so much more! This MONEY MAKER has brought in well over $130K collectively on the two units combined. The main house on the property brought in over $77K in gross rental income and the back 2 bedroom cottage brought in $56K in gross rental income! Don’t wait to schedule your appointment! This wont last long!

Last Listed By

JENNIFER HAVERLY

Keller Williams Realty Jersey Shore-Ocean City License #1750994 Listed on: 10/09/2022

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 35x100
  • Building is beachfront but unit may not have water views

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • Furnished
  • Great Room
  • Den
  • Storage In Attic
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Parking

  • 1 Parking Space
  • Gravel Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,411

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Furnished
  • Lvt Date: 10/12/2022
  • Year Built: 1950
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Rooms: Breakfast Nook, Den/Tv Room, Eat In Kitchen, Great Room, Kitchen, Laundry/Utility Rm, Storage Attic

Exterior Features

  • Outside Features: Deck, Outside Shower
  • Siding Exterior: Aluminum

Garage/Parking

  • Driveway: Gravel
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 35x100

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Cooling, Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2022
Closed on
Mar 15, 2023
Sold by
Beach Life Properties Llc
Bought by
Brigantine Seaside Properties Llc
Seller's Agent
JENNIFER HAVERLY
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Jacki Silva-Steuer
OCF REALTY, LLC
List Price
$989,000
Sold Price
$975,000
Premium/Discount to List
-$14,000
-1.42%
Total Days on Market
120
Views
218
Current Estimated Value
$1,153,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,590
Avg. Annual Appreciation
7.91%
Original Mortgage
$731,250
Outstanding Balance
$714,338
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$439,252

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 29, 2021
Sold by
Magnotta Thomas R and Magnotta Marie Gererd
Bought by
Beach Life Properties Llc
Seller's Agent
Nancy Ferri
RE/MAX COASTAL
Buyer's Agent
JENNIFER HAVERLY
Keller Williams Realty Jersey Shore-Ocean City
List Price
$639,900
Sold Price
$680,000
Premium/Discount to List
$40,100
6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.84%

Purchase Details

Closed on
Dec 4, 1992
Sold by
Issod Craig S
Bought by
Magnotta Thomas R and Magnotta Gererd-Marie

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
Brigantine Seaside Properties Llc $975,000 None Listed On Document
Beach Life Properties Llc -- Maguire Michelle D
Magnotta Thomas R $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brigantine Seaside Properties Llc $731,250
Previous Owner Magnotta Thomas R $235,000
Previous Owner Magnotta Thomas R $100,000
Previous Owner Magnotta Thomas R $40,000
Previous Owner Magnotta Thomas R $105,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $975,000 -1.4% --
02/06/2023 02/06/23 Pending -- -- --
10/09/2022 10/09/22 For Sale $989,000 +45.4% --
10/28/2021 10/28/21 Sold $680,000 +6.4% --
09/24/2021 09/24/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $639,000 -0.1% --
09/14/2021 09/14/21 For Sale $639,900 -- --
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 $9,411 $500,600 $249,600 $251,000
2023 $8,162 $469,900 $249,600 $220,300
2022 $8,162 $469,900 $249,600 $220,300
2021 $0 $469,900 $249,600 $220,300
2020 $0 $469,900 $249,600 $220,300
2019 $0 $469,900 $249,600 $220,300
2018 $0 $469,900 $249,600 $220,300
2017 $0 $469,900 $249,600 $220,300
2016 $0 $469,900 $249,600 $220,300
2015 -- $469,900 $249,600 $220,300
2014 -- $469,900 $249,600 $220,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568026

South Jersey Shore Regional MLS

APN: 03-03003-0000-00012