NOT LISTED FOR SALE

318 16th Ave Belmar, NJ 07719

Estimated Value: $862,175 - $1,075,000

3 Beds
2 Baths
1,190 Sq Ft
$802/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $500,000 $420 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,648/month

About This Home

As of November 2019

2 Family Cape Located Just 3 Short Blocks to Beach! With New Vinyl Siding, Gutters, and Basement Door, Featuring Hardwood Floors, Spacious Rear Yard, Full Basement, Outdoor Shower, and Driveway.

Last Agent to Sell the Property

Dan Della Serra

The Gallery Residential Brokerage License #8339932 Listed on: 10/03/2019

Last Buyer's Agent

Anita Sanzio

Mack Morris Thomas Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 1942

Lot Details

  • Lot Dimensions are 40.63 x 99.58

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • No Garage
  • Off-Street Parking

Schools

  • Belmar Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00152-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,197

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1942
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40.63 x 99.58
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • General Property Info # Parking Spaces: 1.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: PERSONAL PROPERTY
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 40.63 x 99.58
  • Parcel #: 07-00152-0000-00014
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5197.0
  • Tax Other Annual Assessment Amount: 420800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 26, 2019
Sold by
Gordon Suzanne Ochse
Bought by
Bozzo Michael and Warwick Justine L
Seller's Agent
Dan Della Serra
The Gallery Residential Brokerage
Buyer's Agent
Anita Sanzio
Mack Morris Thomas Realtors
Sold Price
$500,000
Current Estimated Value
$954,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,544
Avg. Annual Appreciation
11.60%
Original Mortgage
$300,000
Outstanding Balance
$264,493
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$690,051
Source: Public Records

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
Bozzo Michael $500,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bozzo Michael $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $500,000 0.0% $420 / Sq Ft
05/22/2019 05/22/19 Rented $16,000 +6.7% --
07/06/2018 07/06/18 Rented $15,000 +114.3% --
05/25/2018 05/25/18 Rented $7,000 +59.1% --
12/09/2015 12/09/15 Rented $4,400 -46.3% --
05/26/2015 05/26/15 Rented $8,200 -- --
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
2025 $7,044 $484,100 $328,400 $155,700
2024 $6,806 $484,100 $328,400 $155,700
2023 $6,806 $484,100 $328,400 $155,700
2022 $6,569 $484,100 $328,400 $155,700
2021 $6,569 $444,300 $328,400 $115,900
2020 $5,660 $420,800 $328,400 $92,400
2019 $5,660 $420,800 $328,400 $92,400
2018 $5,197 $420,800 $328,400 $92,400
2017 $5,071 $420,800 $328,400 $92,400
2016 $5,271 $275,800 $183,400 $92,400
2015 $5,580 $290,800 $198,400 $92,400
2014 $5,240 $270,800 $178,400 $92,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dan Della Serra

    The Gallery Residential Brokerage

    (732) 977-4041

    3 Total Sales

    Dan Della Serra
    Section Image

  • D

    Buyer's Agent in 2019

    Daniel Della Serra

    C21/ Schlossbach Realty

  • A

    Buyer's Agent in 2019

    Anita Sanzio

    Mack Morris Thomas Realtors

  • Jacob Smith

    Buyer's Agent in 2018

    Jacob Smith

    Ward Wight Sotheby's International Realty

    (732) 567-0162

    9 in this area

    114 Total Sales

    Jacob Smith
    Section Image

  • D

    Buyer's Agent in 2015

    Donna Weldon

    Berkshire Hathaway HomeServices Fox & Roach - Ocean

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21924785

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00152-0000-00014

New Jersey Monmouth County Belmar 07719

318 16th Ave, Belmar, NJ

This home is located at 318 16th Ave, Belmar, NJ 07719 since 03 October 2019 and is currently estimated at $954,544, approximately $802 per square foot. This property was built in 1942. 318 16th Ave is a home located in Monmouth County with nearby schools including Belmar Elementary School, St. Rose Grammar School, and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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