NOT LISTED FOR SALE

Estimated Value: $1,415,000 - $1,624,000

6 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $880,000

Est. 72% increase in value since last sale

Current estimated payment $8,498/month

11 Days on Market

Highlights

  • Beach Access
  • Deck
  • Fenced
  • Oceanside
  • Forced Air Zoned Heating and Cooling System
  • Level Lot

About This Home

As of December 2020

This is nicely updated and cheery duplex with 3 bedrooms and full bath, stacked washer/dryer, and central heat and air on both floors. Kitchens and baths are upgraded and exterior has vinyl siding and railings. Stoned yard with new outdoor shower. Rentals for 2019 totaled $41,000 with many repeats.

Last Agent to Sell the Property

Nancy Spark

RE/MAX of Long Beach Island License #8336566 Listed on: 10/16/2020

Co-Listed By

Dennis O'Brien

RE/MAX of Long Beach Island License #9913735

Last Buyer's Agent

David Sheridan

Berkshire Hathaway HomeServices Zack Shore REALTORS License #8338877

Berkshire Hathaway HomeServices Zack Shore REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,759

Year Built

  • Built in 1964

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 75
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Oceanside
  • Deck

Schools

  • Southern Reg Middle School
  • Southern Reg High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: top floor: gray desk, blue TV sideboard. downstairs: blue denim sofa, surf board table, blue dresser
  • Assessor Parcel Number 18-00015-74-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,759

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Level, Oceanside
  • Co List Office Mls Id: 1260
  • Co List Office Phone: 609-494-7000
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Laminate
  • Reso Interior Features: Attic - Pull Down Strs
  • New Construction: No
  • Year Built: 1964
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 75
  • Location Middle School: Southern Reg
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Exterior Beach Access2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Waterfront: No
  • Exclusions: top floor: gray desk, blue TV sideboard. downstairs: blue denim sofa, surf board table, blue dresser
  • Exterior Features: Deck, Fence, Beach Access
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Southern Reg

Lot Info

  • Lot Dimensions: 50 x 75
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 18-00015-74-00015
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6759.0
  • Tax Other Annual Assessment Amount: 673900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Southern Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 3, 2020
Sold by
Bsb Properties Llc
Bought by
Besser Mark and Rodriguez Lillian
Seller's Agent
Nancy Spark
RE/MAX of Long Beach Island
Buyer's Agent
David Sheridan
Berkshire Hathaway HomeServices Zack Shore REALTORS
List Price
$875,000
Sold Price
$880,000
Premium/Discount to List
$5,000
0.57%
Current Estimated Value
$1,514,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,341
Avg. Annual Appreciation
11.21%
Original Mortgage
$660,000
Outstanding Balance
$587,597
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$926,744

Purchase Details

Closed on
Jul 17, 2001

Purchase Details

Closed on
Jan 23, 1997
Sold by
Palazzi Robert
Bought by
Mclaughlin Robert and Mc Laughlin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.65%
Source: Public Records
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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
Besser Mark $880,000 Counsellors Title Agency Inc
Besser Mark $880,000 Counsellors Title
-- $100 --
Mclaughlin Robert $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besser Mark $660,000
Closed Besser Mark $660,000
Previous Owner Mclaughlin Robert $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $880,000 +0.6% --
10/27/2020 10/27/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $875,000 -- --
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 $6,963 $779,700 $675,000 $104,700
2024 $6,916 $779,700 $675,000 $104,700
2023 $6,487 $779,700 $675,000 $104,700
2022 $6,487 $779,700 $675,000 $104,700
2021 $6,284 $779,700 $675,000 $104,700
2020 $6,699 $673,900 $595,000 $78,900
2019 $6,759 $673,900 $595,000 $78,900
2018 $6,557 $673,900 $595,000 $78,900
2017 $6,591 $673,900 $595,000 $78,900
2016 $6,645 $673,900 $595,000 $78,900
2015 $6,638 $673,900 $595,000 $78,900
2014 $6,476 $673,900 $595,000 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22037431

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 18-00015-74-00015