$1,350,000
SOLD SEP 16, 2024
-- Bed
-- Bath
1,824 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$740 Per Sq Ft

10% Below List Price

9 Days on Market

Highlights

  • Home fronts navigable water
  • Public Beach
  • Deck
  • Public Water Access
  • Building is oceanfront but unit may not have water views
  • Paneling

About This Home

As of September 2024

This ocean block duplex offers multiple options. Keep as a true investment and rent both floors or rent one unit for income and enjoy a summer at the shore with family and friends in the other. Convert to condominiums or perhaps build that perfect beach house. Located just 7 houses from the beach. It is an easy stroll to restaurants, mini golf, ice cream and shopping. Each floor has an open concept living/dining/ kitchen lay out along with three bedrooms and one full bath. This 50 x 100 lot offers a nice side and rear yard for a charming outdoor dining area. Spacious front decks for dining or lounging. A bonus room off the back, houses the washer/dryer, storage and an extra refrigerator. So many options to begin your journey to owning your place on LBI.

Last Agent to Sell the Property

Pat Sepanak

Sand Dollar Real Estate Listed on: 05/01/2024

Last Buyer's Agent

Gavin Hodgson

Island Realty-Surf City License #1327744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,045

Year Built

  • Built in 1960

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Building is oceanfront but unit may not have water views
  • Home fronts navigable water
  • Public Beach
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,824 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Recessed Lighting
  • Double Hung Windows
  • Combination Kitchen and Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Flood Lights

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Shower
  • Public Water Access
  • Property is near an ocean
  • Deck
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Long Beach Island Grade Elementary School
  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • 2-Story Building
  • Surf City Subdivision

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 32-00031-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,045

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: This ocean block duplex offers multiple options. Keep as a true investment and rent both floors or rent one unit for income and enjoy a summer at the shore with family and friends in the other. Convert to condominiums or perhaps build that perfect beach house. Located just 7 houses from the beach. It is an easy stroll to restaurants, mini golf, ice cream and shopping. Each floor has an open concept living/dining/ kitchen lay out along with three bedrooms and one full bath. This 50 x 100 lot offers a nice side and rear yard for a charming outdoor dining area. Spacious front decks for dining or lounging. A bonus room off the back, houses the washer/dryer, storage and an extra refrigerator. So many options to begin your journey to owning your place on LBI.
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Extra Refrigerator/Freezer, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Island, Recessed Lighting, Bathroom - Tub Shower
  • Window Features: Double Hung
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Block
  • Total Sq Ft: 1824
  • Living Area Sq Ft: 1824
  • Price Per Sq Ft: 821.82
  • Above Grade Finished Sq Ft: 1824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Flood Lights, Outside Shower, Secure Storage
  • Roof: Shingle
  • Water Access Features: Public Beach, Public Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas Available
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Electric Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: RA

Rental Info

  • Units Furnished: All
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8045.00
  • Assessor Parcel Number: 32-00031-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 1824
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/16/2024

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Sep 16, 2024
Sold by
Joint Revocable Trust Of William N Friel and Roche Barbara A
Bought by
Shaw Construction Company Llc
Seller's Agent
Pat Sepanak
Sand Dollar Real Estate
Buyer's Agent
Gavin Hodgson
Island Realty-Surf City
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
200.63%
Original Mortgage
$2,145,000
Outstanding Balance
$2,131,124
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,197,950

Purchase Details

Closed on
Nov 14, 2018
Sold by
Friel William N
Bought by
Friel Wiliam N and Friel Lynn B

Purchase Details

Closed on
Jan 6, 1995
Sold by
Post Linda F
Bought by
Friel William and Roche Barbara
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 Type Sale Price Title Company
Deed $1,350,000 Stewart Title
Interfamily Deed Transfer -- None Available
Deed $67,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,145,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Price Changed $3,650,000 -3.9% $1,043 / Sq Ft
04/21/2025 04/21/25 For Sale $3,799,000 +181.4% $1,085 / Sq Ft
09/16/2024 09/16/24 Sold $1,350,000 -9.9% $740 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,499,000 -- $822 / Sq Ft
Source: Bright MLS

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
2024 $8,045 $800,500 $630,000 $170,500
2023 $7,845 $800,500 $630,000 $170,500
2022 $7,845 $800,500 $630,000 $170,500
2021 $7,221 $800,500 $630,000 $170,500
2020 $6,988 $800,500 $630,000 $170,500
2019 $6,972 $800,500 $630,000 $170,500
2018 $7,096 $699,100 $552,000 $147,100
2017 $7,187 $699,100 $552,000 $147,100
2016 $7,012 $699,100 $552,000 $147,100
2015 $6,725 $699,100 $552,000 $147,100
2014 $6,690 $699,100 $552,000 $147,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2025508

Bright MLS

APN: 32-00031-0000-00017