NOT LISTED FOR SALE

Estimated Value: $1,185,000 - $1,577,000

Studio
2 Baths
1,700 Sq Ft
$768/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $999,000 $588 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,223/month

2 Days on Market

Highlights

  • Bayside
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Beach Haven School Rated A
  • Outdoor Shower
  • Extensive Hardscape

About This Home

As of June 2022

BEACH HAVEN-Downtown location. Duplex featuring 3 Bedrooms, 1 Bath on the First Floor and 3 Bedrooms, 1 Bath on the 2nd floor. Great rental property of approximately 50K in 2021. Leases in place for 2022. Buy now and collect the income.

Last Agent to Sell the Property

Gina Laird

(609) 494-7000 glairdlbi@gmail.com RE/MAX of Long Beach Island Listed on: 04/23/2022

Last Buyer's Agent

Gina Laird

(609) 494-7000 glairdlbi@gmail.com RE/MAX of Long Beach Island Listed on: 04/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,456

Year Built

  • Built in 1950

Lot Details

  • 2,723 Sq Ft Lot
  • Lot Dimensions are 40.02 x 68.00
  • Extensive Hardscape

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Crawl Space
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Dishwasher

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Outdoor Shower
  • Bayside

Community Details

  • 2 Units
  • Beach Haven Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 04-00146-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,456

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Furnished
  • New Construction: No
  • Expected On Market: 2022-04-23
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Washer/Dryer Stacked
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space, Pilings
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 587.65
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Extensive Hardscape, Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 79700.00
  • Land Assessed Value: 326500.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 40.02 x 68.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2723.00
  • Zoning: R-B

Rental Info

  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2829478
  • Tax Annual Amount: 4456.00
  • Assessor Parcel Number: 04-00146-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 14, 2022
Sold by
Vinish Manchanda
Bought by
York Richard and York Yvonne
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Gina Laird
RE/MAX of Long Beach Island
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,305,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,423
Avg. Annual Appreciation
7.54%
Original Mortgage
$699,000
Outstanding Balance
$665,101
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$640,322

Purchase Details

Closed on
Oct 10, 2003
Sold by
Rhoades Eric D
Bought by
Manchanda Vinish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.98%

Purchase Details

Closed on
Apr 5, 2002
Sold by
Alpert John
Bought by
Rhoades Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,750
Interest Rate
7.01%
Source: Public Records
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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
York Richard $999,000 Old Republic Title
Manchanda Vinish $480,000 --
Rhoades Eric $257,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Richard $699,000
Previous Owner Manchanda Vinish $384,000
Previous Owner Rhoades Eric $231,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $999,000 0.0% $588 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $999,000 -- $588 / Sq Ft
Source: Bright MLS

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 $5,329 $406,200 $326,500 $79,700
2024 $4,919 $406,200 $326,500 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2009276

Bright MLS

APN: 04-00146-0000-00007