NOT LISTED FOR SALE

405 15th Ave Belmar, NJ 07719

Estimated Value: $912,000 - $1,105,000

4 Beds
2 Baths
1,820 Sq Ft
$540/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $839,000 $461 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,738/month

8 Days on Market

Highlights

  • Deck
  • Forced Air Zoned Heating and Cooling System
  • Level Lot
  • Double-Wide Driveway
  • Fenced
  • 3-minute walk to Mitzi and Emily's Playground

About This Home

As of July 2023

Multiple offers received. Please submit all offers by Monday, May 15th at 12pm.
Excellent opportunity to invest in Belmar! Get your design team and construction crew to update both these units with all the modern touches. Live in one and rent out the other, rent both units annually or seasonally or build your own new construction dream home. Fantastic location on 15th Ave just 3 blocks from the beach or Main St shops and restaurants. Each unit has a large living room and eat-in-kitchen, two bedrooms and 1 bathroom. Central air, separately metered utilities and plenty of off street parking. Make your appointment today!

Last Agent to Sell the Property

Beth Sarre

Salt and Cedar Properties, LLC License #0015417 Listed on: 05/10/2023

Last Buyer's Agent

Shannon Ivins

O'Brien Realty, LLC License #1644445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,344

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 53 x 100
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Double-Wide Driveway

Outdoor Features

  • Deck

Schools

  • Belmar Elementary And Middle School
  • Manasquan 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

  • Assessor Parcel Number 07-00153-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,344

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Laminate, Linoleum, Other
  • New Construction: No
  • Year Built: 1957
  • Contract Info List PriceSqFt: 411.54
  • 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: 53 x 100
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • ExteriorDeck: Yes
  • Floors Linoleum: Yes
  • General Property Info # Parking Spaces: 4.0
  • Parking Double Wide: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: 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: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

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

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 53 x 100
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00153-0000-00003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6344.0
  • Tax Other Annual Assessment Amount: 467500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 10, 2023
Sold by
Parisi Alyssa
Bought by
Gaffney Brian J and Gaffney Linda
Seller's Agent
Beth Sarre
Salt and Cedar Properties, LLC
Buyer's Agent
Shannon Ivins
O'Brien Realty, LLC
List Price
$749,000
Sold Price
$839,000
Premium/Discount to List
$90,000
12.02%
Views
58
Current Estimated Value
$982,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,104
Avg. Annual Appreciation
6.84%
Original Mortgage
$510,000
Outstanding Balance
$497,834
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$484,270

Purchase Details

Closed on
Mar 28, 2001
Sold by
Noto Michael
Bought by
Parisi Alyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaffney Brian J $839,000 Green Hill Title
Gaffney Brian J $839,000 Green Hill Title
Parisi Alyssa $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaffney Brian J $510,000
Closed Gaffney Brian J $510,000
Previous Owner Parisi Alyssa $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $839,000 +12.0% $461 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $749,000 -- $412 / 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
2025 $6,802 $467,500 $306,000 $161,500
2024 $6,573 $467,500 $306,000 $161,500
2023 $6,573 $467,500 $306,000 $161,500
2022 $6,165 $467,500 $306,000 $161,500
2021 $6,165 $467,500 $306,000 $161,500
2020 $6,288 $467,500 $306,000 $161,500
2019 $6,288 $467,500 $306,000 $161,500
2018 $5,774 $467,500 $306,000 $161,500
2017 $5,633 $467,500 $306,000 $161,500
2016 $6,169 $322,800 $186,000 $136,800
2015 $5,811 $302,800 $166,000 $136,800
2014 $6,246 $322,800 $186,000 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312555

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00153-0000-00003