$1,949,000
SOLD JAN 15, 2021
-- Bed
-- Bath
1,728 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$1,128 Per Sq Ft

3% Above List Price

24 Days on Market

Highlights

  • Ocean Front
  • Second Kitchen
  • Dual Staircase
  • Private Water Access
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of September 2022

Amazing opportunity to purchase an oceanfront home in pristine condition with panoramic views. Three up and three down duplex with 1.5 baths per unit. Rental history of over $110,000 in 2020, and a steady income producer year after year. Amazing elevation, perfect for eventual construction with the potential; for three levels of living, and 50' of frontage.. Public access to the north that makes the lot feel very large, and even a private access to the oceanfront path from the side of the property. Two outdoor showers, and two large garages. Newer Andersen windows, and this structure is in excellent shape. Granite countertops, beautifully tiled bathrooms, three large bedrooms in each unit with ceiling fans, and lots and lots of windows in the kitchen/dining/living area for amazing oceanscapes. Newer kitchen cabinets, and lots and lots of parking. This is the real deal! Check out the narrated video attached to the listing or coy and paste this site to your browser: https://www.tourbuzz.net/1739848?idx=1

Last Agent to Sell the Property

Richard Jones

G. Anderson Agency License #0018764 Listed on: 11/16/2020

Last Buyer's Agent

Virginia Tennis

BHHS Zack Shore REALTORS

BHHS Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,841

Year Built

  • Built in 1965

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Ocean Front
  • Home fronts navigable water

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Side Facing Garage
  • 6 Assigned Parking Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,728 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Double Hung Windows
  • Window Screens
  • Dining Area
  • Carpet

Kitchen

  • Second Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Private Water Access
  • Property is near an ocean
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Brant Beach Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 18-00015 121-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,841

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: fully furnished
  • New Construction: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing opportunity to purchase an oceanfront home in pristine condition with panoramic views. Three up and three down duplex with 1.5 baths per unit. Rental history of over $110,000 in 2020, and a steady income producer year after year. Amazing elevation, perfect for eventual construction with the potential; for three levels of living, and 50' of frontage.. Public access to the north that makes the lot feel very large, and even a private access to the oceanfront path from the side of the property. Two outdoor showers, and two large garages. Newer Andersen windows, and this structure is in excellent shape. Granite countertops, beautifully tiled bathrooms, three large bedrooms in each unit with ceiling fans, and lots and lots of windows in the kitchen/dining/living area for amazing oceanscapes. Newer kitchen cabinets, and lots and lots of parking. This is the real deal! Check out the narrated video attached to the listing or coy and paste this site to your browser: https://www.tourbuzz.net/1739848?idx=1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: 2nd Kitchen, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Combination Kitchen/Dining, Dining Area, Double/Dual Staircase, Floor Plan - Open, Kitchen - Island, Pantry, Recessed Lighting
  • Window Features: Double Hung, Double Pane, Screens
  • Fireplace: No
  • Room Count: 14
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 1098.96
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3901

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Outside Shower
  • Roof: Asphalt
  • View: Ocean, Panoramic
  • Water Access Features: Private Access, Public Access
  • Water Access: Yes
  • Water Body Name: atlantic ocean
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 6
  • Garage: Yes
  • Parking Features: Assigned, Paved Driveway
  • Garage Features: Covered Parking, Garage - Front Entry, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 136900.00
  • Land Assessed Value: 1155000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2020
  • Zoning: R50

Rental Info

  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3025741
  • Tax Annual Amount: 12841.00
  • Assessor Parcel Number: 18-00015 121-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1728
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 01/15/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Sep 22, 2022
Sold by
Schmid Michael and Schmid Elme
Bought by
3901 Ocean Blvd Llc
Seller's Agent
Arthur Rosenbaum
The Van Dyk Group - Long Beach Island
Buyer's Agent
Arthur Rosenbaum
The Van Dyk Group - Long Beach Island
List Price
$2,700,000
Sold Price
$2,450,000
Premium/Discount to List
-$250,000
-9.26%
Views
5
Current Estimated Value
$2,938,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,300
Avg. Annual Appreciation
4.79%
Original Mortgage
$1,960,000
Outstanding Balance
$1,886,580
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$914,478

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 15, 2021
Sold by
Woolley Thomas R
Bought by
Schmid Michael and Schmid Elme
Seller's Agent
Richard Jones
G. Anderson Agency
Buyer's Agent
Virginia Tennis
BHHS Zack Shore REALTORS
List Price
$1,899,000
Sold Price
$1,949,000
Premium/Discount to List
$50,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$1,559,200
Interest Rate
2.71%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,450,000 Stewart Title
Deed $1,949,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,960,000 New Conventional
Previous Owner $1,559,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $2,450,000 -5.8% $1,418 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/31/2022 07/31/22 Price Changed $2,600,000 -3.7% $1,505 / Sq Ft
06/12/2022 06/12/22 For Sale $2,700,000 +38.5% $1,563 / Sq Ft
01/15/2021 01/15/21 Sold $1,949,000 +2.6% $1,128 / Sq Ft
11/16/2020 11/16/20 For Sale $1,899,000 -- $1,099 / 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 $16,873 $1,902,300 $1,615,000 $287,300
2023 $15,065 $1,902,300 $1,615,000 $287,300
2022 $15,065 $1,810,700 $1,615,000 $195,700
2021 $14,594 $1,810,700 $1,615,000 $195,700
2020 $12,841 $1,291,900 $1,155,000 $136,900
2019 $12,958 $1,291,900 $1,155,000 $136,900
2018 $12,570 $1,291,900 $1,155,000 $136,900
2017 $12,635 $1,291,900 $1,155,000 $136,900
2016 $12,738 $1,291,900 $1,155,000 $136,900
2015 $12,725 $1,291,900 $1,155,000 $136,900
2014 $12,415 $1,291,900 $1,155,000 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC405290

Bright MLS

APN: 18-00015-121-00003