NOT LISTED FOR SALE

320 Newark Ave Bradley Beach, NJ 07720

Estimated Value: $1,454,000 - $1,537,684

4 Beds
3 Baths
1,178 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $200,000 $170 Per Sq Ft

Est. 648% increase in value since last sale

Current estimated payment $8,920/month

92 Days on Market

Highlights

  • Lake Front
  • Cooling Available
  • 1-Story Property
  • Lake On Lot
  • No Heating

About This Home

As of November 2016

Total tear down. Nonconforming use. Town will not allow 3 units to be rebuilt. Destroyed during Sandy. Has been left empty since then. Roof has collapsed, mold every where. MUST USE CAUTION!!! Please do not enter.

Last Agent to Sell the Property

Francine Simonsen

McNeely Agency License #8135168 Listed on: 02/04/2016

Last Buyer's Agent

Francine Simonsen

McNeely Agency License #8135168 Listed on: 02/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 40.5 x 120
  • Lake Front

Interior Spaces

  • 1-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Lake On Lot

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Cooling Available
  • No Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 08-00009-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,987

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • ResoLotFeatures: Lake
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1933
  • Contract Info New Construction: No
  • 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: 40.5 x 120
  • Location Middle School: Bradley Beach
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 40.5 x 120
  • Parcel #: 08-00009-0000-00009

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6987.0
  • Tax Other Annual Assessment Amount: 500500.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Jrn Home Builders Llc
Bought by
Brown Lynda and Brown Eric
Current Estimated Value
$1,495,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$590,552
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$905,290

Purchase Details

Closed on
Feb 27, 2018
Sold by
Cavagnaro Peter
Bought by
Jrn Home Builders Llc

Purchase Details

Listed on
Feb 4, 2016
Closed on
Nov 14, 2016
Sold by
Dykenga Karen and Dykenga Douglas R
Bought by
Cavagnaro Peter
Seller's Agent
Francine Simonsen
McNeely Agency
Buyer's Agent
Francine Simonsen
McNeely Agency
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.40%

Purchase Details

Closed on
May 24, 2005
Sold by
Dykenga Karen
Bought by
Dykenga Karen and Dykenga Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2001
Sold by
Seelamsetty Prabhakar
Bought by
Dykenga Karen and Dykenga Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.64%
Mortgage Type
Commercial
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
Brown Lynda $850,000 None Available
Jrn Home Builders Llc -- None Available
Cavagnaro Peter $200,000 Acres Land Title
Dykenga Karen -- --
Dykenga Karen $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Lynda $680,000
Previous Owner Dykenga Karen $300,000
Previous Owner Dykenga Karen $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2016 11/17/16 Sold $200,000 -- $170 / 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 $11,873 $1,365,400 $592,800 $772,600
2024 $11,282 $1,294,800 $565,000 $729,800
2023 $11,282 $1,195,100 $534,800 $660,300
2022 $10,590 $1,006,000 $453,100 $552,900
2021 $10,590 $903,600 $362,700 $540,900
2020 $10,176 $832,700 $336,000 $496,700
2019 $10,277 $811,800 $418,200 $393,600
2018 $5,096 $368,200 $368,200 $0
2017 $5,206 $368,200 $368,200 $0
2016 $7,084 $506,700 $368,200 $138,500
2015 $6,987 $500,500 $368,200 $132,300
2014 $6,634 $479,300 $328,200 $151,100
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Francine Simonsen

    McNeely Agency

    (732) 775-0208

    1 in this area

    7 Total Sales

    Francine Simonsen
    Section Image

  • P

    Buyer Co-Listing Agent in 2016

    Peter Cavagnaro

    Katora Realty, LLC

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21604180

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00009-0000-00009

New Jersey Monmouth County Bradley Beach 07720

320 Newark Ave, Bradley Beach, NJ

This home is located at 320 Newark Ave, Bradley Beach, NJ 07720 since 04 February 2016 and is currently estimated at $1,495,842, approximately $1,269 per square foot. This property was built in 1933. 320 Newark Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter 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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