NOT LISTED FOR SALE

Estimated Value: $833,564

-- Bed
2 Baths
1,750 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $700,000 $400 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,139/month

1,402 Days on Market

Highlights

  • Open Floorplan
  • Property fronts the bay but unit may not have water views
  • Attic
  • Deck
  • Main Floor Bedroom
  • No HOA

About This Home

As of October 2021

This side by side duplex on a 60 X 100 lot offers plentiful opportunity. Currently both sides are occupied by year round tenants but it would be an excellent seasonal rental as well. Just a few houses off of the Ship Bottom Bay beach and a couple blocks to the ocean. Centrally located with easy on/off the island. Each side offers approximately (per tax records) 875 square foot and three bedrooms and 1 bath plus full laundry room. Separate outside showers and plenty of yard space in both front and rear of home for additional parking or entertaining. Property has frontage on both 13th and 14th. Interior photos are currently of the east unit only. The units are very similar to one another. Property has electric baseboard heat.

Last Listed By

Joseph Mayo

RE/MAX of Long Beach Island License #0676682 Listed on: 10/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,865

Year Built

  • Built in 1965

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Property fronts the bay but unit may not have water views
  • Level Lot
  • The property's topography is level

Home Design

  • Duplex
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,750 Sq Ft Home
  • Open Floorplan
  • Double Hung Windows
  • Casement Windows
  • Window Screens
  • Crawl Space
  • Storm Doors
  • Attic

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Storage Shed

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 29-00080-0000-00005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ship Bottom Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,865

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Sellers personal affects (contents of shed and owner's closet). Both tenants' personal belongings. Some furnishings may be included.
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: This side by side duplex on a 60 X 100 lot offers plentiful opportunity. Currently both sides are occupied by year round tenants but it would be an excellent seasonal rental as well. Just a few houses off of the Ship Bottom Bay beach and a couple blocks to the ocean. Centrally located with easy on/off the island. Each side offers approximately (per tax records) 875 square foot and three bedrooms and 1 bath plus full laundry room. Separate outside showers and plenty of yard space in both front and rear of home for additional parking or entertaining. Property has frontage on both 13th and 14th. Interior photos are currently of the east unit only. The units are very similar to one another. Property has electric baseboard heat.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Built-In Microwave, Refrigerator, Washer
  • Flooring Type: Tile/Brick, Vinyl, Fully Carpeted
  • Interior Amenities: Attic, Entry Level Bedroom, Window Treatments, Kitchen - Island, Floor Plan - Open, Pantry
  • Window Features: Casement, Double Hung, Screens
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1750
  • Living Area Sq Ft: 1750
  • Price Per Sq Ft: 400.00
  • Above Grade Finished Sq Ft: 1750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 321

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Wood Siding
  • Exterior Features: Outside Shower
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 204300.00
  • Land Assessed Value: 350000.00
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60x100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3076627
  • Tax Annual Amount: 4865.00
  • Assessor Parcel Number: 29-00080-0000-00005
  • Tax Lot: 5
  • Tax Year: 2016
  • Close Date: 10/01/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Volkmann Management Llc
Bought by
Andriotis Elaine and Andriotis Constantine E
Total Days on Market
1402
Current Estimated Value
$833,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$504,493
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$321,406

Purchase Details

Closed on
May 25, 2022
Sold by
Volkmann Management Llc
Bought by
321 W 14Th Street Condominium

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$504,493
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$321,406

Purchase Details

Listed on
Oct 30, 2017
Closed on
Oct 1, 2021
Sold by
Bauso Donna A
Bought by
Volkmam Mgmt Llc
Seller's Agent
Joseph Mayo
RE/MAX of Long Beach Island
Buyer's Agent
Joseph Mayo
RE/MAX of Long Beach Island
List Price
$599,000
Sold Price
$700,000
Premium/Discount to List
$101,000
16.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Closed on
May 29, 2009
Sold by
Bauso John A and Bauso Donna A
Bought by
Bauso Donna A

Purchase Details

Closed on
Jun 23, 1998
Sold by
Hogan Joseph M
Bought by
Bauso John A and Bauso Donna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.09%

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
Andriotis Elaine $700,000 Surety Title
Ackerman Steven Roger $711,000 Surety Title
321 W 14Th Street Condominium -- Raban James S
Volkmam Mgmt Llc $700,000 Chicago Title Insurance Co
Bauso Donna A -- None Available
Bauso John A $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andriotis Elaine $525,000
Closed Ackerman Steven Roger $533,250
Closed Andriotis Elaine $525,000
Previous Owner Bauso Donna A $375,000
Previous Owner Bauso John A $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $700,000 0.0% $400 / Sq Ft
09/08/2021 09/08/21 Price Changed $700,000 0.0% $400 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
04/11/2020 04/11/20 Off Market $700,000 -- --
10/30/2017 10/30/17 For Sale $599,000 -- $342 / Sq Ft
Source: Bright 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 -- $0 $0 $0
2023 $5,943 $561,200 $350,000 $211,200
2022 $5,870 $554,300 $350,000 $204,300
2021 $5,842 $554,300 $350,000 $204,300
2020 $5,859 $554,300 $350,000 $204,300
2019 $5,864 $554,300 $350,000 $204,300
2018 $5,876 $554,300 $350,000 $204,300
2017 $5,493 $554,300 $350,000 $204,300
2016 $4,865 $439,500 $295,000 $144,500
2015 $4,747 $439,500 $295,000 $144,500
2014 $4,665 $432,300 $295,000 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC137656

Bright MLS

APN: 29-00080-0000-00005