NOT LISTED FOR SALE

411 Newark Ave Bradley Beach, NJ 07720

Estimated Value: $986,383 - $1,634,000

4 Beds
3 Baths
2,125 Sq Ft
$569/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $550,000 $259 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,131/month

4 Days on Market

Highlights

  • Deck
  • Shed
  • Forced Air Zoned Heating and Cooling System

About This Home

As of July 2019

Bradley Beach two family just 4 blocks to the beach! Make this perfectly maintained property your home and offset your mortgage/taxes with income from the rental unit. Located on the north end of town, within a mile of Bradley, Ocean Grove, and Asbury Park down-towns. Home boasts a new eat in kitchen with vaulted ceilings and skylights, renovated bathrooms, back yard with koi pond, deck, and two sheds. Nice one bed rental unit currently brings $1000/month. Owner has made many improvements, All new Pergo wood flooring on second level, new paint and bedroom doors on second level, a new roof (2011), new furnace and central air(2014), new windows, copper wiring, and gutters.

Last Agent to Sell the Property

Brian Johnson

Berkshire Hathaway HomeServices Signature Properties Listed on: 06/03/2019

Last Buyer's Agent

Caterina Bassani

C21/ Action Plus Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,231

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 50 x 100

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,125 Sq Ft Home
  • 2-Story Property
  • Washer

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Shed

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: Tenants belongings.
  • The owner pays for hot water, grounds care, water, snow removal, sewer, heat, gas, electricity
  • Assessor Parcel Number 08-00017-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,231

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Other Structures: Shed
  • Year Built: 1924
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Bradley Beach
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Exterior Shed3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Dishwasher4: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants belongings.
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

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

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 08-00017-0000-00005
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: Hot Water, Grounds Care, Water, Snow Removal, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7231.0
  • Tax Other Annual Assessment Amount: 522500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 11, 2019
Sold by
Murray Tony P and Murray Anne M
Bought by
Sauchelli Alrfred and Sauchelli Lisa A
Seller's Agent
Brian Johnson
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Caterina Bassani
C21/ Action Plus Realty
Sold Price
$550,000
Current Estimated Value
$1,209,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,846
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Upton Richard
Bought by
Oconnell Kevin and Oconnell Tiziana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
7.68%
Mortgage Type
Commercial
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
Sauchelli Alrfred $555,000 Certified Abstract Corp
Oconnell Kevin $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Tony P $386,900
Previous Owner Murray Anthony P $18,000
Previous Owner Oconnell Kevin $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2019 07/17/19 Sold $550,000 -- $259 / 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 $8,236 $953,100 $612,000 $341,100
2024 $8,095 $898,200 $576,000 $322,200
2023 $8,095 $857,500 $560,300 $297,200
2022 $7,222 $728,000 $474,400 $253,600
2021 $7,222 $616,200 $364,200 $252,000
2020 $6,914 $565,800 $325,500 $240,300
2019 $7,385 $583,300 $350,000 $233,300
2018 $7,231 $522,500 $300,000 $222,500
2017 $6,659 $470,900 $265,000 $205,900
2016 $6,861 $490,800 $290,000 $200,800
2015 $6,725 $481,700 $290,000 $191,700
2014 $5,792 $418,500 $260,000 $158,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21908319

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00017-0000-00005