NOT LISTED FOR SALE

4623 Schooner Rd Brigantine, NJ 08203

Estimated Value: $619,000 - $863,000

-- Bed
-- Bath
1,884 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $663,000 $352 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,586/month

9 Days on Market

About This Home

As of August 2023

Welcome to Brigantine Beach, New Jersey, an Island you will love for life! Come visit 4623 Schooner Road and see for yourself! Walking distance to the beach -this is an oversized corner lot, with a completely fenced in yard. This is a fabulous investment property or your new vacation home- featuring a 3BR/2.5BA, 1st floor unit. A 3BR/2 BA 2nd floor unit with a roof deck off the 2nd floor kitchen. All of this is offered at the AMAZING PRICE OF $590k FOR BOTH UNITS! DON’T MISS YOUR CHANCE TO GET A SLICE OF ISLAND LIFE! This amazing duplex has a NEW ROOF and offers the perfect opportunity for both investment and coastal living. With its prime location, this property is sure to capture your attention. Both units will require some interior updates (updated kitchens are needed,) The first level Hot Water Heater has been removed. As you step inside the duplex, you'll be greeted by an inviting and spacious layout. The first unit features a spacious living room, with dining area and access to the front porch. Kitchen and bonus room and first floor entry to a garage, plus 3 bedrooms, 2.5 baths. The bonus room has its own private entrance and a full bath right off the back. Lots of possibilities here! The second unit mirrors the charm of the lower level, including Living room, dining area, 3 bedrooms, 2 full baths and roof deck off the 2nd level kitchen The roof deck needs to be repaired/replaced but with its own separate entrance, this unit presents an excellent opportunity for rental income or extended family accommodations. Use caution when walking on here as repairs are needed. One of the standout aspects of this duplex is its location. You'll be just a short walking distance away from the stunning beaches, restaurants, and shopping. You are also steps away from nightlife in nearby Atlantic City, and close to Ventnor and Margate too. Whether you're looking to invest in a profitable rental property, accommodate multiple generations of your family, or enjoy the benefits of a coastal lifestyle, 4623 Schooner Road is the ideal choice. Don't miss out on this incredible opportunity - schedule a showing today and experience the potential of this duplex firsthand! Property is sold "as is". Buyers must do their due diligence as they will be responsible for the CO and any costs associated with it. The seller will not make any repairs. It is recommended to see this property during the day as not all units have lighting.

Last Agent to Sell the Property

Donna Obrien

KW Empower Real Estate License #2182625 Listed on: 07/17/2023

KW Empower Real Estate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,210

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 100x80

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asbestos Siding

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,210

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 07/17/2023
  • Year Built: 1977
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Asbestos, Brick

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 100X80

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 24, 2023
Sold by
Clark James J
Bought by
Jersey Shore Hospitality Group Llc
Seller's Agent
Donna Obrien
KW Empower Real Estate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$590,000
Sold Price
$663,000
Premium/Discount to List
$73,000
12.37%
Total Days on Market
9
Views
266
Current Estimated Value
$724,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,685
Avg. Annual Appreciation
5.12%
Original Mortgage
$373,193
Outstanding Balance
$366,805
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$357,880

Purchase Details

Closed on
May 12, 2004
Sold by
Torres Jose M and Gunderson Sydney
Bought by
Clark James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2003
Sold by
Gunderson Sydney
Bought by
Torres Jose M and Gunderson Sydney

Purchase Details

Closed on
Jun 20, 2001
Sold by
Gunderson Sydney and Torres Jose E
Bought by
Gunderson Sydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,018
Interest Rate
7.16%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Jersey Shore Hospitality Group Llc $663,000 None Listed On Document
Clark James J $340,000 Commonwealth Title
Torres Jose M -- --
Gunderson Sydney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jersey Shore Hospitality Group Llc $373,193
Previous Owner Clark James J $272,000
Previous Owner Gunderson Sydney $132,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $663,000 +12.4% $352 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $590,000 -- $313 / Sq Ft
Source: South Jersey Shore Regional 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 $6,210 $330,300 $219,000 $111,300
2023 $5,737 $330,300 $219,000 $111,300
2022 $5,737 $330,300 $219,000 $111,300
2021 $5,635 $330,300 $219,000 $111,300
2020 $5,575 $330,300 $219,000 $111,300
2019 $5,625 $330,300 $219,000 $111,300
2018 $5,737 $330,300 $219,000 $111,300
2017 $5,830 $330,300 $219,000 $111,300
2016 $5,826 $330,300 $219,000 $111,300
2015 $5,856 $330,300 $219,000 $111,300
2014 $5,638 $330,300 $219,000 $111,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575946

South Jersey Shore Regional MLS

APN: 03-04901-0000-00021