NOT LISTED FOR SALE

5 E Mermaid Ln Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,118,000 - $1,667,000

-- Bed
2 Baths
1,632 Sq Ft
$872/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $490,000 $300 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $8,062/month

Highlights

  • Oceanside
  • Bamboo Flooring
  • No HOA
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Outdoor Shower

About This Home

As of June 2017

Ocean side duplex in the Brighton Beach section of Long Beach Township, just 12 -13 houses to the replenished beach at an exceptional value! The light and bright, updated first floor offers a new galley kitchen, new bathroom, new flooring throughout, dining area, living room, 3 bedrooms, 1 bath. The spacious and bright second floor consists of an outside deck w/ entry to the large eat-in-kitchen, 2 bedrooms, 1 bath, living room. Nine weeks were rented on both floors for the 2016 season. Lots of off-street parking, partially fenced back yard and conveniently located within walking distance to Kubel's, Pinky Shrimps, Pinziminio, and everyone's favorite, Skipper Dipper! Attractively priced and sold furnished. Rent one floor, keep the other for yourself. Make money while enjoying LBI!,Flood insurance is $1,225/year

Last Agent to Sell the Property

Lori Anderson

(609) 709-0217 landerson@ganderson.com G. Anderson Agency License #0451732 Listed on: 03/28/2016

Last Buyer's Agent

Kyle Loreaux

(609) 494-2800 kylel@serhant.com Beach House Realty, LLC License #9589561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1965

Lot Details

  • 3,006

Home Design

  • Duplex
  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • 1,632 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Built-In Microwave

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Oceanside

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Additional Features

  • Lot Dimensions are 50x60
  • Flood Risk

Community Details

  • No Home Owners Association
  • 2 Units
  • Brighton Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 18-00013-02-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,993

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Some personal affects
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1965
  • Remarks Public: Ocean side duplex in the Brighton Beach section of Long Beach Township, just 12 -13 houses to the replenished beach at an exceptional value! The light and bright, updated first floor offers a new galley kitchen, new bathroom, new flooring throughout, dining area, living room, 3 bedrooms, 1 bath. The spacious and bright second floor consists of an outside deck w/ entry to the large eat-in-kitchen, 2 bedrooms, 1 bath, living room. Nine weeks were rented on both floors for the 2016 season. Lots of off-street parking, partially fenced back yard and conveniently located within walking distance to Kubel's, Pinky Shrimps, Pinziminio, and everyone's favorite, Skipper Dipper! Attractively priced and sold furnished. Rent one floor, keep the other for yourself. Make money while enjoying LBI!,Flood insurance is $1,225/year
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Built-In Microwave, Refrigerator
  • Flooring Type: Bamboo, Ceramic Tile, Laminated, Vinyl, Fully Carpeted
  • Interior Amenities: Entry Level Bedroom, Window Treatments, Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1632
  • Price Per Sq Ft: 318.01
  • Above Grade Finished Sq Ft: 1632
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 72900.00
  • Land Assessed Value: 535500.00
  • Lot Dimensions: 50x60
  • Zoning: R50
  • Zoning Description: R50

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3023961
  • Tax Annual Amount: 5993.00
  • Assessor Parcel Number: 18-00013-02-00002
  • Tax Lot: 2
  • Tax Year: 2015
  • Close Date: 06/21/2017

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 21, 2017
Sold by
Griffin Trust
Bought by
Our Shore Thing Llc
Seller's Agent
Lori Anderson
G. Anderson Agency
Buyer's Agent
Kyle Loreaux
Beach House Realty, LLC
List Price
$579,000
Sold Price
$490,000
Premium/Discount to List
-$89,000
-15.37%
Current Estimated Value
$1,422,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,880
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Griffin Ann C
Bought by
Griffin Vincent A and Griffin Kevin J
Source: Public Records

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
Our Shore Thing Llc $490,000 Allied Title Llc
Griffin Vincent A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $490,000 -15.4% $300 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
03/28/2016 03/28/16 For Sale $579,000 -- $355 / 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
2025 $6,221 $696,600 $600,000 $96,600
2024 $6,179 $696,600 $600,000 $96,600
2023 $5,796 $696,600 $600,000 $96,600
2022 $5,796 $696,600 $600,000 $96,600
2021 $5,571 $691,200 $600,000 $91,200
2020 $5,820 $585,500 $535,500 $50,000
2019 $5,873 $585,500 $535,500 $50,000
2018 $5,920 $608,400 $535,500 $72,900
2017 $5,950 $608,400 $535,500 $72,900
2016 $5,999 $608,400 $535,500 $72,900
2015 $5,993 $608,400 $535,500 $72,900
2014 $5,847 $608,400 $535,500 $72,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lori Anderson

    G. Anderson Agency

    (609) 709-0217

    28 in this area

    31 Total Sales

    Lori Anderson
    Section Image

  • K

    Buyer's Agent in 2017

    Kyle Loreaux

    Beach House Realty, LLC

    (609) 494-2800

    Kyle Loreaux
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC185144

Bright MLS

APN: 18-00013-02-00002

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

5 E Mermaid Ln, Long Beach Township, NJ

This home is located at 5 E Mermaid Ln, Long Beach Township, NJ 08008 since 28 March 2016 and is currently estimated at $1,422,880, approximately $871 per square foot. This property was built in 1965. 5 E Mermaid Ln is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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