NOT LISTED FOR SALE

Estimated Value: $507,000 - $610,000

2 Beds
1 Bath
520 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $549,000 $1,056 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,880/month

1 Day on Market

Highlights

  • Community Beach Access
  • Clubhouse
  • Air Conditioning
  • Oceanside
  • Cottage
  • Patio

About This Home

As of April 2024

Lowest-priced ocean-block home on owned land on the island! Be a part of a great private community--Ocean Beach III, north of Lavallette and an easy ride to two boardwalks, shops and restaurants. This home has been lovingly maintained and features washer/dryer, ceramic tile floors, high ceilings and a raised foundation. The driveway fits four cars and it's on the ocean block so no highways to cross to get to the beach. Home is on owned land. Great rental history.

Last Agent to Sell the Property

Angela Serio

Ocean Beach Sales License #0125329 Listed on: 01/03/2024

Last Buyer's Agent

Alexis Meroney

Keller Williams Shore Properties License #2293179

Keller Williams Shore Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,213

Year Built

  • Built in 1952

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 50 x 32

HOA Fees

  • $61 Monthly HOA Fees

Home Design

  • Cottage
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Outdoor Features

  • Oceanside
  • Patio
  • Outdoor Gas Grill

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: some personal items and furniture
  • Assessor Parcel Number 08-01110-09-00003

Community Details

Overview

  • Ocean Beach Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Beach
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,213

Year Built

Built in 1952

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oceanside
  • Reso Association Amenities: Beach, Association, Clubhouse, Playground
  • Inclusions: AC Units, Washer, Dryer, Stove, Refrigerator, Gas Grill, Gas Cooking
  • Subdivision Name: Ocean Beach
  • Architectural Style: Cottage/Bungalow
  • New Construction: No
  • Year Built: 1952
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 50 x 32
  • General Property Info Farm: No
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Common Elements Clubhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Common Elements Playground: Yes
  • Kitchen Ceramic Tile3: Yes
  • Included Gas Grill: Yes
  • Style CottageBungalow: Yes
  • Living Room Floor - Ceramic2: Yes
  • Common Elements Beach: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: some personal items and furniture
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 736.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Dimensions: 50 x 32
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 08-01110-09-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Mar 27, 2024
Sold by
William Fraser and Collen Fraser
Bought by
Yaniero Hamida and Yaniero Marc Clement
Seller's Agent
Angela Serio
Ocean Beach Sales
Buyer's Agent
Alexis Meroney
Keller Williams Shore Properties
List Price
$569,000
Sold Price
$549,000
Premium/Discount to List
-$20,000
-3.51%
Views
94
Current Estimated Value
$586,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,654
Avg. Annual Appreciation
4.95%
Original Mortgage
$439,200
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Fraser William and Fraser Colleen
Bought by
The William Fraser & Colleen Fraser Decl
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
Yaniero Hamida $549,000 First American Title
The William Fraser & Colleen Fraser Decl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaniero Hamida $380,500
Previous Owner Yaniero Hamida $439,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $549,000 -3.5% $1,056 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $569,000 -- $1,094 / 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
2024 $7,481 $432,200 $292,000 $140,200
2023 $7,213 $432,200 $292,000 $140,200
2022 $7,213 $432,200 $292,000 $140,200
2021 $6,931 $276,700 $230,000 $46,700
2020 $6,901 $276,700 $230,000 $46,700
2019 $6,602 $276,700 $230,000 $46,700
2018 $6,514 $276,700 $230,000 $46,700
2017 $6,458 $276,700 $230,000 $46,700
2016 $6,289 $276,700 $230,000 $46,700
2015 $6,051 $276,700 $230,000 $46,700
2014 $5,761 $276,700 $230,000 $46,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22400186

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-01110-09-00003