NOT LISTED FOR SALE

408 Newark Ave Unit 1/2 Bradley Beach, NJ 07720

Estimated Value: $683,000 - $858,000

5 Beds
1 Bath
-- Sq Ft
2,483 Sq Ft Lot

Last Sold October 07, 2016

Last sale price $285,000

Est. 169% increase in value since last sale

Current estimated payment $4,708/month

41 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Level Lot
  • Wood Flooring
  • Air Conditioning
  • 1-Story Property

About This Home

As of October 2016

UNIQUE! Interesting 2 family- 3 bdrm front cottage totally redone (finished Apr. 2014) & shows like a model! Rear has 2 bdrms. Live in one, rent the other. Rent in the summer and use one for a getaway, or rent both! Choices & opportunities are endless. Gas fireplace in rear cottage heats most (electric heater in bath & one in kitchen may do it all). Front cottage has its own heating unit. Trex porch on front cottage & trex deck on rear. W/D in rear cottage. A MUST SEE & a must as an investment!

Last Agent to Sell the Property

Diane Ailor

C21/ Solid Gold Realty License #7830391 Listed on: 07/14/2016

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 25' x 100'
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 5 Bedrooms
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Bradley Beach Elementary And Middle School
  • St. Rose High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Water Sewer Expense $1,135

Listing and Financial Details

  • Assessor Parcel Number 08-00008-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,920

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1924
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25' X 100'
  • Location Middle School: Bradley Beach
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Income Expenses WaterSewer Expense: 1135.0
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Deck, Lighting

Garage/Parking

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

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 1135.0

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 25' X 100'
  • Parcel #: 08-00008-0000-00008
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4920.0
  • Tax Other Annual Assessment Amount: 356500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Chang Sandra M and Estate Of Frederick J Chang
Bought by
Chang Gregory
Current Estimated Value
$766,162

Purchase Details

Closed on
Apr 28, 2010
Sold by
Wong Richard Alan
Bought by
Wong Richard Alan and Wong Linda
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
Chang Gregory -- None Available
Wong Richard Alan -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2016 10/07/16 Sold $285,000 +119.2% --
06/19/2013 06/19/13 Sold $130,000 -- -- 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 $7,561 $874,800 $518,500 $356,300
2024 $7,488 $824,500 $488,000 $336,500
2023 $7,488 $793,200 $484,700 $308,500
2022 $3,498 $684,200 $415,200 $269,000
2021 $3,498 $590,600 $324,600 $266,000
2020 $6,545 $535,600 $297,800 $237,800
2019 $5,565 $439,600 $325,000 $114,600
2018 $5,319 $384,300 $275,000 $109,300
2017 $4,891 $345,900 $240,000 $105,900
2016 $5,149 $368,300 $265,000 $103,300
2015 $5,074 $363,500 $265,000 $98,500
2014 $4,501 $325,200 $235,000 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21627844

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00008-0000-00007