NOT LISTED FOR SALE

405 Newark Ave Bradley Beach, NJ 07720

Estimated Value: $796,000 - $1,256,000

4 Beds
3 Baths
1,988 Sq Ft
$525/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $714,000 $359 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,287/month

About This Home

As of November 2019

Live 3.5 blocks to the Beach and collect income from the attached studio apartment in back! This two family home comes fully furnished. Most systems in the home were replaced in 2016. Beautifully renovated!

Last Agent to Sell the Property

Susan Moroney

Keller Williams Avon Realty License #1755813 Listed on: 09/04/2019

Keller Williams Avon Realty

Last Buyer's Agent

Susan Moroney

Weichert Realtors-Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1902

Lot Details

  • Lot Dimensions are 40 x 100

Home Design

  • Duplex

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Schools

  • Bradley Beach Elementary And Middle 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: Personal Items
  • Assessor Parcel Number 08-00017-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,979

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1902
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

  • Garage: No
  • 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: Bradley Beach

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 08-00017-0000-00008

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5979.0
  • Tax Other Annual Assessment Amount: 489000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Fragetti Gerard and Fragetti Deborah
Bought by
Fragetti Trust and Fragetti
Current Estimated Value
$1,044,658

Purchase Details

Listed on
Sep 4, 2019
Closed on
Dec 12, 2019
Sold by
Alessandro Thomas P D and Alessandro Alice D
Bought by
Fragetti Gerard and Fragetti Deborah
Seller's Agent
Susan Moroney
Keller Williams Avon Realty
Buyer's Agent
Susan Moroney
Keller Williams Avon Realty
Sold Price
$714,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$535,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2017
Sold by
Dalessandro Alice
Bought by
Dalessandro Alice F and Dalessandro Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Marmorstein Robert Emil
Bought by
D'Alessandro Alice

Purchase Details

Closed on
Nov 12, 2005
Sold by
Marmorstein Chaim Maurozio
Bought by
Marmorstein Robert Emil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2005
Sold by
Weed Carla
Bought by
Marmorstein Robert Emil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2005
Sold by
Execut Robert Emil Marmorstein
Bought by
Marmorstein Robert Emil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Fragetti Trust -- None Listed On Document
Fragetti Trust -- None Listed On Document
Fragetti Gerard $714,000 True North Title Svcs Llc
Dalessandro Alice F -- --
D'Alessandro Alice $300,000 --
Marmorstein Robert Emil -- --
Marmorstein Robert Emil -- --
Marmorstein Robert Emil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fragetti Gerard $535,500
Previous Owner Dalessandro Alice F --
Previous Owner Dalessandro Thomas P $406,000
Previous Owner Marmorstein Robert Emil $65,000
Previous Owner Marmorstein Robert Emil $65,000
Previous Owner Marmorstein Robert Emil $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $714,000 -- $359 / 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 $8,651 $1,000,800 $574,600 $426,200
2024 $8,968 $943,400 $540,800 $402,600
2023 $8,968 $950,000 $530,100 $419,900
2022 $8,336 $817,800 $450,700 $367,100
2021 $8,336 $711,300 $348,300 $363,000
2020 $7,812 $639,300 $314,400 $324,900
2019 $6,191 $489,000 $340,000 $149,000
2018 $5,979 $432,000 $290,000 $142,000
2017 $5,553 $392,700 $255,000 $137,700
2016 $5,791 $414,200 $280,000 $134,200
2015 $5,698 $408,200 $280,000 $128,200
2014 $5,634 $407,100 $250,000 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21936141

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00017-0000-00008