NOT LISTED FOR SALE

402 A St Belmar, NJ 07719

Estimated Value: $1,743,000 - $2,108,000

3 Beds
2 Baths
2,799 Sq Ft
$681/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $999,999 $357 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,243/month

Highlights

  • Ocean View
  • Lake On Lot
  • Oversized Parking
  • Lake Front
  • Oceanside
  • Living Room

About This Home

As of September 2020

WINTER RENTAL! $2,600 PER MONTH. Three Bedrooms, two full baths, fully renovated and beautifully decorated! Features a modern kitchen with granite counters and stainless steel appliances, washer/dryer, central air, large yard with Trex deck, grill and fire pit, abundance of parking in the long driveway, views of the lake and a peak of the ocean. This is the perfect place to spend some time this summer or Fall. Short block to the beach, 4 beach badges included. One King bed, one queen, three twins. EVERYTHING INCLUDED ON SEPT RENTAL: UTILITIES, 4 BADGES, WIFI, 3 TV'S. GRILL. ALL ON THE FIRST LEVEL - NO STAIRS. No pets.

Last Agent to Rent the Property

Kelly Cutillo

Diane Turton, Realtors-Avon License #9700054 Listed on: 07/25/2020

Diane Turton, Realtors-Avon

Last Renter's Agent

Peter Esposito

Mack Morris Thomas Realtors

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,591

Year Built

  • 1917

Lot Details

  • 7,405 Sq Ft Lot
  • Lake Front

Interior Spaces

  • 1-Story Property
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Oversized Parking
  • Driveway
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Lake On Lot

Schools

  • Belmar Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Ask Agent About Lease Term
  • Assessor Parcel Number 07-00041-0000-00017

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,591

Year Built

1917

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Subdivision Name: None
  • Architectural Style: Ranch
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Parking Oversized2: Yes
  • Living Room Sliding Door2: Yes
  • General Property Info # Parking Spaces3: 3
  • Lease Terms Winter: Yes
  • Water Type Lake: Yes
  • Special Features: None
  • Year Built: 1917

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront Features: Lake, Oceanside/Beach Blk, Oceanview
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Oversized, Driveway, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 07-00041-0000-00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
204 Fifth Avenue Llc
Bought by
402 A Street Cabana Llc
Current Estimated Value
$1,907,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,500
Outstanding Balance
$943,743
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$963,263

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 21, 2020
Sold by
402 A Street Llc
Bought by
204 Fifth Avenue Llc
Seller's Agent
Meghan Frost
Ward Wight Sotheby's International Realty
Buyer's Agent
Kelly Cutillo
Diane Turton, Realtors-Avon
Sold Price
$999,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%

Purchase Details

Closed on
Aug 12, 2009
Sold by
The Funding Group Of Kingston Nj Llc
Bought by
402 A Street Llc

Purchase Details

Closed on
May 1, 2009
Sold by
Ub Holding Llc
Bought by
The Funding Group Of Kingston Nj Llc

Purchase Details

Closed on
Sep 25, 2007
Sold by
Huisman Rita F
Bought by
Ub Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,890,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
402 A Street Cabana Llc -- Surety Title
402 A Street Cabana Llc -- Surety Title
204 Fifth Avenue Llc $999,999 Trident Abstract Ttl Agcy Ll
402 A Street Llc $600,000 A Mason Title Agency Llc
The Funding Group Of Kingston Nj Llc -- None Available
Ub Holding Llc $6,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 402 A Street Cabana Llc $952,500
Closed 402 A Street Cabana Llc $952,500
Previous Owner Ub Holding Llc $3,890,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2020 09/29/20 Rented $19,500 +609.1% --
08/27/2020 08/27/20 Price Changed $2,750 -8.3% $1 / Sq Ft
08/07/2020 08/07/20 Price Changed $3,000 -14.3% $1 / Sq Ft
07/25/2020 07/25/20 For Rent $3,500 0.0% --
07/22/2020 07/22/20 Sold $999,999 -- $357 / Sq Ft View Prior Sale
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 $13,591 $934,100 $676,000 $258,100
2024 $13,133 $934,100 $676,000 $258,100
2023 $13,133 $934,100 $676,000 $258,100
2022 $12,676 $934,100 $676,000 $258,100
2021 $12,676 $934,100 $676,000 $258,100
2020 $12,564 $934,100 $676,000 $258,100
2019 $12,564 $934,100 $676,000 $258,100
2018 $11,536 $934,100 $676,000 $258,100
2017 $11,256 $934,100 $676,000 $258,100
2016 $10,642 $556,900 $276,000 $280,900
2015 $10,687 $556,900 $276,000 $280,900
2014 $10,583 $546,900 $266,000 $280,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22025391

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00041-0000-00017