B
Seller's Agent in 2022
Bridget Murphy
Exit On The Hudson Realty
(201) 437-0411
2 in this area
14 Total Sales
316 Sumner Ave Seaside Heights, NJ 08751
Estimated Value: $732,000 - $920,000
4
Beds
4
Baths
1,280
Sq Ft
$622/Sq Ft
Est. Value
Highlights
- Deck
- Roll-in Shower
- ENERGY STAR Qualified Windows
- Cooling Available
- Baseboard Heating
About This Home
As of December 2022Welcome to Iconic Seaside Heights. Investment opportunity to be part of the future growth of Seaside Heights. 2 properties being offered with favorable Cap Rate as a package deal - 314 and 316 Sumner Ave ** 8 units, 6 parking spaces** 6 units occupied with year round tenants. **Updated Units** Many improvements including structural, plumbing, electrical, heating - see documents. 2 Buildings at 314 Sumner - 4 units: 3 two Bedroom and 1 one Bedroom. 2 occupied paying under market rent. Back structure fully renovated, raised 2013 providing large storage area with plumbing, electric, gas. With projected adjustment for rent of vacant apartments - Rent $69,120, Expenses $12,661, NOI $56,459. **Building at 316 Sumner - 4 studio units, all occupied, Rent $58,800 Expenses $14,383 NOI $44,417. **
Last Agent to Sell the Property
Exit On The Hudson Realty License #0999572 Listed on: 10/05/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,130
Year Built
- Built in 1981
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25 x 100
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 1,280 Sq Ft Home
- 2-Story Property
- ENERGY STAR Qualified Windows
- Laminate Flooring
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Accessible Home Design
- Roll-in Shower
- Handicap Shower
Outdoor Features
- Deck
- Exterior Lighting
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Exclusions: all personal property of owner and tenants
- Tenant pays for hot water
- The owner pays for hot water, water, sewer, heat, gas, electricity
- Assessor Parcel Number 27-00031-0000-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Dec 9, 2022
Sold by
Schelmay Theodore
Bought by
Shcboys Llc
Seller's Agent
Bridget Murphy
Exit On The Hudson Realty
Buyer's Agent
Summit Tognetti
RE/MAX Revolution
List Price
$575,000
Sold Price
$575,000
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,153
Avg. Annual Appreciation
10.27%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shcboys Llc | $575,000 | Partners Title | |
| Shcboys Llc | $575,000 | Partners Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $575,000 | 0.0% | $449 / Sq Ft |
| 11/30/2022 11/30/22 | For Sale | $575,000 | 0.0% | $449 / Sq Ft |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- |
| 10/05/2022 10/05/22 | For Sale | $575,000 | -- | $449 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
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 | $7,292 | $567,900 | $387,500 | $180,400 |
| 2024 | $5,576 | $212,000 | $100,000 | $112,000 |
| 2023 | $5,302 | $212,000 | $100,000 | $112,000 |
| 2022 | $5,302 | $212,000 | $100,000 | $112,000 |
| 2021 | $5,130 | $212,000 | $100,000 | $112,000 |
| 2020 | $5,147 | $212,000 | $100,000 | $112,000 |
| 2019 | $4,993 | $212,000 | $100,000 | $112,000 |
| 2018 | $4,861 | $212,000 | $100,000 | $112,000 |
| 2017 | $4,770 | $212,000 | $100,000 | $112,000 |
| 2016 | $4,689 | $212,000 | $100,000 | $112,000 |
| 2015 | $4,526 | $212,000 | $100,000 | $112,000 |
| 2014 | $3,488 | $178,400 | $100,000 | $78,400 |
Source: Public Records
Agents Affiliated with this Home
-
Bridget Murphy
-
Summit Tognetti
Buyer's Agent in 2022
Summit Tognetti
RE/MAX
(732) 746-8623
3 in this area
117 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22231317
APN: 27-00031-0000-00016
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