NOT LISTED FOR SALE

Estimated Value: $804,000 - $1,286,000

5 Beds
2 Baths
2,056 Sq Ft
$475/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $519,500 $253 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,343/month

120 Days on Market

Highlights

  • Ocean View
  • Deck
  • Main Floor Primary Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of June 2020

LEGAL 2 Family Cape with water views in the seaside community of Highlands, NJ. This versatile property features 2 separate Units with 3 beds / 1 bath, large Eat in Kitchen, Sunroom and full basement in main unit and 2 beds/1 bath, Eat in Kitchen that leads to deck in upstairs apartment. Endless options here-rent one unit and live in other, use as Air BnB, mother/daughter or convert to single family. Property also includes adjacent lot providing plenty of room to expand or add pool.
Highlands is the gem of the Jersey Shore. Walk to beach, town, local parks and water front restaurants. Great for a year round home or summer get-away. Commuters dream as Highlands is home to fast ferry to NYC, (40 minutes to downtown),

Last Listed By

Tara Coffey

Compass New Jersey LLC License #1753741 Listed on: 04/02/2020

Compass New Jersey LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,213

Year Built

  • Built in 1955

Lot Details

  • Corner Lot
  • Oversized Lot

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Bay
  • River

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Light Fixtures
  • Bay Window
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School
  • Henry Hudson High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 19-00004-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,213

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, See Remarks, Other, Oversized
  • Inclusions: Outdoor Lighting, AC Units, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Refrigerator, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Mother/Daughter, Cape, 2 Story
  • Reso Flooring: Cement, Ceramic Tile
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Dec Molding
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 100 x 87.5 (includes lots 5 and 6)
  • General Property Info Farm: No
  • Location Middle School: Henry Hudson Reg
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Style Cape: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Living Room BayBow Window2: Yes
  • Dining Room BayBow Window3: Yes
  • Water Type Riverview: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full, Heated, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Freezer: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront Features: Oceanview, Riverview
  • Waterfront: No
  • Exclusions: personal property
  • Exterior Features: Deck, Patio, Porch - Enclosed, Lighting
  • Construction:Siding - Vinyl: Yes
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 100 x 87.5 (includes lots 5 and 6)
  • Parcel #: 19-00004-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12213.0

MLS Schools

  • Elementary School: Highlands
  • High School: Henry Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 13, 2020
Sold by
Homer Larry
Bought by
Bralex Holdings Llc
Seller's Agent
Tara Coffey
Compass New Jersey LLC
Buyer's Agent
Manus Mullanaphy
RE/MAX The Real Estate Leaders
List Price
$524,900
Sold Price
$519,500
Premium/Discount to List
-$5,400
-1.03%
Total Days on Market
120
Current Estimated Value
$976,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,104
Avg. Annual Appreciation
13.81%

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
Bralex Holdings Llc $519,500 Guardian Settlement Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horner Larry $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $519,500 0.0% $253 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $519,500 -1.0% $253 / Sq Ft
04/02/2020 04/02/20 For Sale $524,900 0.0% $255 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $524,900 -10.3% $255 / Sq Ft
01/23/2020 01/23/20 For Sale $585,000 0.0% $285 / Sq Ft
06/01/2013 06/01/13 Rented $1,350 -- --
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
2024 $11,133 $606,600 $352,000 $254,600
2023 $11,133 $555,000 $306,400 $248,600
2022 $10,271 $460,600 $223,900 $236,700
2021 $10,271 $414,000 $203,500 $210,500
2020 $10,167 $409,300 $203,500 $205,800
2019 $11,063 $391,600 $203,500 $188,100
2018 $10,446 $372,800 $203,500 $169,300
2017 $10,483 $372,800 $203,500 $169,300
2016 $10,315 $372,800 $203,500 $169,300
2015 $10,383 $371,500 $203,500 $168,000
2014 $10,018 $371,300 $203,500 $167,800
Source: Public Records

Agents Affiliated with this Home

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Map

Similar Home in the area

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22001073

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00004-0000-00005