NOT LISTED FOR SALE

Estimated Value: $1,157,980 - $1,557,000

-- Bed
2 Baths
1,872 Sq Ft
$752/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $699,000 $373 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,388/month

26 Days on Market

Highlights

  • Bay View
  • Property fronts the bay but unit may not have water views
  • No HOA
  • Deck
  • Attic
  • Chairlift

About This Home

As of May 2019

One off bay with glorious like-bayfront views!! Lovingly owned for close to 50 years by the same family, this spacious duplex with 3 bedrooms, 1 bath each floor on a 50 x 100 lot is the spot for to-die-for sunsets and bay breezes! Conveniently located in the heart of Surf City, just steps from the sandy beach public access at the end of the street, and a short walk to the ocean too! Endless possibilities await for this property - use as is, and collect the established rental income from the first floor unit while enjoying the second floor yourself, renovate and maximize the potential for killer rental income from both floors, or use this lot to build your new home with bayviews from almost every room! Recent updates include new stairs to second floor (outfitted with handicapped-accessible chair lift) in September '18, second floor with central A/C and new fiberglass deck just 3 yrs ago, updated kitchen cabinets. Sold mostly furnished, both electric and gas heat. No Sandy Damage!

Last Agent to Sell the Property

Lisa Musarra

Oceanside Realty - HC Listed on: 02/15/2019

Last Buyer's Agent

Joseph Mayo

RE/MAX of Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 50x100
  • Property fronts the bay but unit may not have water views
  • Level Lot
  • The property's topography is level

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Foundation Flood Vent
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Bay Views
  • Crawl Space
  • Storm Doors
  • Stove
  • Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Outdoor Shower
  • Deck
  • Storage Shed

Additional Features

  • Chairlift
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 32-00108-0000-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,806

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: Chairlift
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1970
  • Remarks Public: One off bay with glorious like-bayfront views!! Lovingly owned for close to 50 years by the same family, this spacious duplex with 3 bedrooms, 1 bath each floor on a 50 x 100 lot is the spot for to-die-for sunsets and bay breezes! Conveniently located in the heart of Surf City, just steps from the sandy beach public access at the end of the street, and a short walk to the ocean too! Endless possibilities await for this property - use as is, and collect the established rental income from the first floor unit while enjoying the second floor yourself, renovate and maximize the potential for killer rental income from both floors, or use this lot to build your new home with bayviews from almost every room! Recent updates include new stairs to second floor (outfitted with handicapped-accessible chair lift) in September '18, second floor with central A/C and new fiberglass deck just 3 yrs ago, updated kitchen cabinets. Sold mostly furnished, both electric and gas heat. No Sandy Damage!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Attic, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Door Features: Storm
  • Foundation Details: Crawl Space, Flood Vent
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1872
  • Living Area Sq Ft: 1872
  • Price Per Sq Ft: 379.27
  • Above Grade Finished Sq Ft: 1872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 343

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • View: Water, Bay
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: Yes

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • 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: 194000.00
  • Land Assessed Value: 378000.00
  • Lot Features: Level
  • Lot Dimensions: 50x100
  • Outdoor Living Structures: Deck(s)
  • Topography: Level
  • Zoning: RA
  • Zoning Description: RA

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3095977
  • Tax Annual Amount: 5806.00
  • Assessor Parcel Number: 32-00108-0000-00017
  • Tax Lot: 17
  • Tax Year: 2018
  • Close Date: 05/03/2019

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 3, 2019
Sold by
Tentor Richard M and Tentor Kathleen S
Bought by
Eckert Joseph and Eckert Eileen
Seller's Agent
Lisa Musarra
Oceanside Realty - HC
Buyer's Agent
Joseph Mayo
RE/MAX of Long Beach Island
List Price
$709,999
Sold Price
$699,000
Premium/Discount to List
-$10,999
-1.55%
Current Estimated Value
$1,248,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,790
Avg. Annual Appreciation
12.37%
Original Mortgage
$559,200
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 5, 2002
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
Eckert Joseph $699,000 Germantown Title Company
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miceli Katelyn $175,000
Open Eckert Joseph $703,500
Closed Eckert Joseph $559,200
Closed Eckert Joseph $68,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $699,000 -1.5% $373 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $709,999 -- $379 / 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 $6,607 $657,400 $460,000 $197,400
2023 $6,443 $657,400 $460,000 $197,400
2022 $6,443 $657,400 $460,000 $197,400
2021 $5,930 $657,400 $460,000 $197,400
2020 $5,739 $657,400 $460,000 $197,400
2019 $5,726 $657,400 $460,000 $197,400
2018 $5,806 $572,000 $378,000 $194,000
2017 $5,880 $572,000 $378,000 $194,000
2016 $5,737 $572,000 $378,000 $194,000
2015 $5,503 $572,000 $378,000 $194,000
2014 $5,474 $572,000 $378,000 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC144300

Bright MLS

APN: 32-00108-0000-00017