NOT LISTED FOR SALE

506 Cramer Ave Point Pleasant Beach, NJ 08742

Point Pleasant Beach Neighborhood

Estimated Value: $1,353,000

5 Beds
2 Baths
-- Sq Ft
10,324 Sq Ft Lot

Last Sold February 09, 2015

Last sale price $411,000

Est. 229% increase in value since last sale

Current estimated payment $7,794/month

152 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Level Lot
  • G Harold Antrim Elementary School Rated A
  • Forced Air Zoned Heating System

About This Home

As of February 2015

Great opportunity to own a multi-family home in Point Pleasant Beach. Located steps to downtown. This house features 2 units with separate utilities. the first floor unit features 3 bedrooms, 1 bath, large living room, dining room and kitchen. Unit 1 has hardwood floors. The second floor unit features 2 bedrooms, 1 bath, large living room and eat-in kitchen. Unit 2 has exposed and under carpet hardwood floors. Large lot is 206' deep with parking in the rear of the house. Must See!

Last Agent to Sell the Property

Jamie Paradise

RE/MAX Bay Point Realtors License #0336173 Listed on: 08/08/2014

RE/MAX Bay Point Realtors

Last Buyer's Agent

Charles Wooley

RE/MAX Bay Point Realtors License #8338121

RE/MAX Bay Point Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 50x206
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Antrim Elementary School
  • Point Pleasant Beach High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, sewer, gas, electricity
  • Assessor Parcel Number 00091000100019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,568

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1948
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X206
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 50X206
  • Parcel #: 00091000100019
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Water, Sewer, Gas, Electricity

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5568.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Antrim
  • High School: Point Pleasant Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Feb 9, 2015
Sold by
Capestro Robert P
Seller's Agent
Jamie Paradise
RE/MAX Bay Point Realtors
Buyer's Agent
Charles Wooley
RE/MAX Bay Point Realtors
Sold Price
$411,000
Current Estimated Value
$1,353,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,000
Avg. Annual Appreciation
11.57%
Original Mortgage
$424,563
Outstanding Balance
$324,943
Interest Rate
3.74%
Mortgage Type
VA
Estimated Equity
$1,028,057

Purchase Details

Closed on
May 12, 2008
Sold by
Capestro Esther B
Bought by
Capestro Esther B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $411,000 First American Title
Capestro Esther B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $424,563
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $411,000 -- --
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
2025 $8,207 $477,700 $259,800 $217,900
2024 $7,958 $477,700 $259,800 $217,900
2023 $7,734 $477,700 $259,800 $217,900
2022 $6,243 $385,600 $259,800 $125,800
2021 $6,104 $385,600 $259,800 $125,800
2020 $6,096 $385,600 $259,800 $125,800
2019 $6,012 $385,600 $259,800 $125,800
2018 $5,919 $385,600 $259,800 $125,800
2017 $5,826 $385,600 $259,800 $125,800
2016 $5,853 $385,600 $259,800 $125,800
2015 $5,807 $385,600 $259,800 $125,800
2014 $5,780 $385,600 $259,800 $125,800
Source: Public Records

Agents Affiliated with this Home

  • Jamie Paradise

    Seller's Agent in 2015

    Jamie Paradise

    RE/MAX

    (732) 899-3338

    20 in this area

    146 Total Sales

    Jamie Paradise
    Section Image
  • Charles Wooley

    Buyer's Agent in 2015

    Charles Wooley

    RE/MAX

    (732) 306-1513

    35 Total Sales

    Charles Wooley
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21432151

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 26-00091-01-00019

New Jersey Ocean County Point Pleasant Beach 08742 Point Pleasant Beach

506 Cramer Ave, Point Pleasant Beach, NJ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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