NOT LISTED FOR SALE

320 New Jersey 37 Seaside Heights, NJ 08751

Estimated Value: $633,000 - $781,000

6 Beds
3 Baths
2,240 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $440,000 $196 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,511/month

152 Days on Market

Highlights

  • Bay View
  • Air Conditioning
  • Ceramic Tile Flooring
  • Deck
  • Shed
  • Level Lot

About This Home

As of November 2021

Investment opportunity-2 rented units!Level 1 consists of 3 bedrooms, 1 full bath, laundry room, living room with bay window, spacious eat-in kitchen. Level 2 consists of 3 bedrooms, 2 full baths, laundry area, living room and spacious kitchen. Both units have easy care laminate flooring, tankless water heaters, and front and back entrances. There is a detached elevated deck for the tenants enjoyment. Plenty of parking space for both units. Private bay beach for Pelican Island residents within walking distance. Don't let this one get away!

Last Agent to Sell the Property

Cynthia Stiles

Childers Sotheby's Int Realty License #0015226 Listed on: 05/11/2021

Childers Sotheby's Int Realty

Last Buyer's Agent

Kimani Brown

Weichert Realtors-Toms River License #1758115

Weichert Realtors-Toms River

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,577

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Bay Views
  • Stove

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Unpaved Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, snow removal, sewer, heat, electricity
  • Assessor Parcel Number 08-01068-0000-00032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,577

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Reso View: Waterview
  • Subdivision Name: None
  • Reso Flooring: Laminate, Ceramic Tile
  • Reso Other Structures: Shed
  • Year Built: 1981
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 60 x 100
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • Exterior Shed3: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Exterior Bay View: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Exterior Features: Deck, Bay View
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Unpaved
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-01068-0000-00032
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Snow Removal, Sewer, Heat, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6577.0
  • Tax Other Annual Assessment Amount: 263700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Ryan Randy
Bought by
Wendel Christina
Current Estimated Value
$689,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Outstanding Balance
$609,353
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$80,137

Purchase Details

Listed on
May 11, 2021
Closed on
Nov 22, 2021
Sold by
Pirrera Edward
Bought by
Ryan Randy
Seller's Agent
Cynthia Stiles
Childers Sotheby's Int Realty
Buyer's Agent
Kimani Brown
Weichert Realtors-Toms River
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$425,618
Interest Rate
3.14%
Mortgage Type
VA

Purchase Details

Closed on
Jun 11, 2018
Sold by
Pirrera Cynthia
Bought by
Pirrera Edward

Purchase Details

Closed on
Oct 22, 2012
Sold by
Janusz Joseph J and Matlosz Maria
Bought by
Pirrera Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
2.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1997
Sold by
Rizzo Frank J and Rizzo Donna A
Bought by
Janusz Joseph J and Matlosz Maria
Source: Public Records

Range of Values:

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Average Value
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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
Wendel Christina $640,000 First American Title
Ryan Randy $440,000 Quality Ttl & Abstract Agcy
Pirrera Edward -- None Available
Pirrera Cynthia $245,000 None Available
Janusz Joseph J $131,500 New Jersey Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendel Christina $628,408
Previous Owner Ryan Randy $425,618
Previous Owner Pirrera Cynthia $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $440,000 -2.2% $196 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $449,999 -9.8% $201 / Sq Ft
06/12/2021 06/12/21 Price Changed $499,000 -5.0% $223 / Sq Ft
05/11/2021 05/11/21 For Sale $525,000 -- $234 / 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
2025 $9,413 $516,900 $138,000 $378,900
2024 $8,948 $516,900 $138,000 $378,900
2023 $8,627 $516,900 $138,000 $378,900
2022 $7,364 $441,200 $138,000 $303,200
2021 $6,606 $263,700 $126,000 $137,700
2020 $6,577 $263,700 $126,000 $137,700
2019 $6,292 $263,700 $126,000 $137,700
2018 $6,208 $263,700 $126,000 $137,700
2017 $6,155 $263,700 $126,000 $137,700
2016 $5,994 $263,700 $126,000 $137,700
2015 $5,767 $263,700 $126,000 $137,700
2014 $5,490 $263,700 $126,000 $137,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22114582

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01068-0000-00032