NOT LISTED FOR SALE

405 8th Ave Belmar, NJ 07719

Estimated Value: $1,272,000 - $1,590,141

4 Beds
2.5 Baths
2,000 Sq Ft
$687/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $835,000 $418 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,214/month

131 Days on Market

Highlights

  • Water Views
  • Shore Colonial Architecture
  • No HOA
  • Outdoor Pool
  • 1 Fireplace
  • 1-minute walk to Jane Magovern's Playground

About This Home

As of January 2021

Listing temp withdrawn while oil tank work is completed - will update when beginning again. Desirable North End! Home sits up on a HILL overlooking Silver Lake. Beautiful park and walking paths around Silver Lake. This premier location sits in the center of the desirable North End, ideally sitting a few blocks from the ocean in one direction and a few blocks to main street restaurants, bars and marina in the other. PROPERTY OFFERS ENDLESS POSSIBILITIES: Great opportunity for investors or someone looking to build their dream home or someone bringing their creativity to recapture the original charm and sophistication of this home. Long private drive leads up to the 3 car garage and BONUS rented garage apartment. Property strictly being sold AS-IS. CO Resp of Buyer

Last Agent to Sell the Property

Deborah Hertler

EXP Realty License #1866463 Listed on: 09/23/2020

EXP Realty

Last Buyer's Agent

Carolyn Pinnola

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,903

Year Built

  • Built in 1927

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 3 Car Garage

Home Design

  • Shore Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Schools

  • Belmar Elementary And Middle School
  • St. Rose High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Below Ground
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Personal Belongings, Basement Freezer
  • Assessor Parcel Number 07-00083-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,903

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, 2 Story
  • Year Built: 1927
  • Contract Info List PriceSqFt: 449.5
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Style Shore Colonial: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Level:Second43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal Belongings, Basement Freezer
  • Exterior Features: Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator, Oil Below Ground
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 07-00083-0000-00003

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10903.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 7, 2021
Sold by
Ward Marie E and Estate Of Shirley M Hefter
Bought by
Pinnola Steven T and Pinnola Carolyn M
Seller's Agent
Deborah Hertler
EXP Realty
Buyer's Agent
Carolyn Pinnola
Keller Williams Realty West Monmouth
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Current Estimated Value
$1,374,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,785
Avg. Annual Appreciation
10.69%
Original Mortgage
$548,000
Outstanding Balance
$488,575
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$886,210

Purchase Details

Closed on
Jul 15, 2004
Sold by
Heftger Shirley
Bought by
Feigenbaum Maurice and Feigenbaum Sheila
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pinnola Steven T $835,000 All Ahead Title Agency
Pinnola Steven T $835,000 All Ahead Title
Feigenbaum Maurice $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnola Steven T $548,000
Closed Pinnola Steven T $548,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $835,000 -7.1% $418 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $899,000 +7.7% $450 / Sq Ft
08/19/2020 08/19/20 Off Market $835,000 -- --
05/15/2020 05/15/20 For Sale $899,000 -- $450 / 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 $11,794 $810,600 $600,000 $210,600
2024 $11,397 $810,600 $600,000 $210,600
2023 $11,397 $810,600 $600,000 $210,600
2022 $10,750 $810,600 $600,000 $210,600
2021 $10,653 $810,600 $600,000 $210,600
2020 $10,903 $810,600 $600,000 $210,600
2019 $10,903 $810,600 $600,000 $210,600
2018 $10,011 $810,600 $600,000 $210,600
2017 $9,768 $810,600 $600,000 $210,600
2016 $9,421 $493,000 $260,000 $233,000
2015 $8,577 $473,000 $240,000 $233,000
2014 $8,266 $453,000 $220,000 $233,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015143

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00083-0000-00003