NOT LISTED FOR SALE

5 Ocean Ave Unit 12A Belmar, NJ 07719

Estimated Value: $614,032 - $678,000

1 Bed
1 Bath
702 Sq Ft
436 Sq Ft Lot

Last Sold July 07, 2020

Last sale price $450,000 $641 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,968/month

Highlights

  • Water Views
  • Deck
  • Multiple cooling system units
  • Oceanside
  • Furnished
  • Baseboard Heating

About This Home

As of February 2023

Full summer rental with ocean views. Memorial Day to Labor Day. Location, Location, Location.This one bedroom condo across the street from the beautiful Belmar Beach/boardwalk is available as a full summer rental. There is 1 off street assigned parking spot. The unit has a large deck facing southeast looking at the Atlantic Ocean. The unit comes with 2 Belmar badge and beach chairs. Linens are included.Close to Shark River, Avon and Restaurants, downtown is a bike ride away. No pets, no smoking/vaping. Perfect for 2 people, pull out couch for guests. Cleaning fee of $250.00 required.

Last Agent to Rent the Property

Jerry Brennan

Coldwell Banker Realty License #1970671 Listed on: 02/12/2023

Coldwell Banker Realty

Last Renter's Agent

Allee Sprung

Keller Williams Realty East Monmouth License #2078437

Keller Williams Realty East Monmouth

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,126

Year Built

  • Built in 1988

Lot Details

  • 436

Interior Spaces

  • 702 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Deck

Location

  • Lower Level

Schools

  • Belmar Middle School

Utilities

  • Multiple cooling system units
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 5/27/23
  • Assessor Parcel Number 07-00002-0000-00003-0000-C012A

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,126

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2023-05-27

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Year Built: 1988
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.01
  • Location Middle School: Belmar
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Contract Info Available Date: 2023-05-27
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Full2: Yes
  • Style Lower Level: Yes
  • Exterior Oceanside2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Acres: 0.01
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exterior Features: Deck, Oceanside

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 07-00002-0000-00003-0000-C012A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jul 2, 2020
Sold by
Weissblum Lawrence and Weissblum Phyliss
Bought by
Vierheliling Jacqueline
Seller's Agent
Paul Kaminski
Keller Williams Shore Properties
Buyer's Agent
Jerry Brennan
Coldwell Banker Realty
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$646,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,895
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Oct 4, 2004
Sold by
Breyer Raffaele
Bought by
Weissblum Lawrence and Weissblum Phyliss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vierheliling Jacqueline $450,000 Fidelity National Title
Weissblum Lawrence $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weissblum Lawrence $242,000
Previous Owner Weissblum Lawrence $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2023 02/26/23 Rented $18,500 -2.6% --
02/12/2023 02/12/23 For Rent $19,000 +11.8% --
02/09/2022 02/09/22 Rented $17,000 0.0% --
01/29/2022 01/29/22 For Rent $17,000 +21.4% --
01/29/2021 01/29/21 Rented $14,000 0.0% --
01/19/2021 01/19/21 For Rent $14,000 0.0% --
07/07/2020 07/07/20 Sold $450,000 -3.2% $641 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $465,000 -2.1% $662 / Sq Ft
04/23/2020 04/23/20 For Sale $475,000 -- $677 / Sq Ft
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 $5,126 $364,600 $285,000 $79,600
2023 $5,126 $364,600 $285,000 $79,600
2022 $4,948 $364,600 $285,000 $79,600
2021 $4,904 $364,600 $285,000 $79,600
2020 $4,904 $364,600 $285,000 $79,600
2019 $4,904 $364,600 $285,000 $79,600
2018 $4,503 $364,600 $285,000 $79,600
2017 $4,393 $364,600 $285,000 $79,600
2016 $3,805 $199,100 $100,000 $99,100
2015 $3,821 $199,100 $100,000 $99,100
2014 $3,853 $199,100 $100,000 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22303850

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00002-0000-00003-0000-C012A