NOT LISTED FOR SALE

508 13th Ave Belmar, NJ 07719

Estimated Value: $1,075,000 - $1,406,804

5 Beds
2.5 Baths
2,245 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $1,150,000 $512 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,981/month

24 Days on Market

Highlights

  • Wood Flooring
  • Air Conditioning
  • Storage
  • 1 Car Attached Garage
  • Tankless Water Heater
  • 2-minute walk to Mitzi and Emily's Playground

About This Home

As of December 2023

Beautiful and Rare Multi-family (2 units) located jus 4 blocks from the beach., 1 from Main. Front house is a beautiful Craftsman home with 4 bedrooms, 1.5 baths, living room with original built-ins, dining room, kitchen and basement with Washer/Dryer and separate storage room. Backyard with ample parking and new patio and outdoor shower. Newly remodeled bath and bedrooms as well as new plumbing and electric. Automatic whole house generator installed.
Rear cottage boasts open living area housing kitchen and living room with separate dining space. Large bedroom and bath. Cottage has an outdoor shower, patio and small private space in the rear.

Furnishings negotiable. Property has solid rental history. Home is being sold AS-IS. Listing agent is the owner.

Last Agent to Sell the Property

Michele Dougard

Patrick Parker Realty License #2078575 Listed on: 09/29/2023

Last Buyer's Agent

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1644256

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,545

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 166
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2,245 Sq Ft Home
  • 2-Story Property
  • Storage
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

  • Belmar Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Separate Meters
  • Separate Water Meter
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas, garbage removal, electricity
  • Assessor Parcel Number 07-00124-0000-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,545

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Reso Interior Features: Locked Storage
  • New Construction: No
  • Year Built: 1920
  • Contract Info List PriceSqFt: 534.52
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 166
  • Location Middle School: Belmar
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Cooling Multi Units: Yes
  • SidingCedarShake: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Interior Locked Storage: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Fence, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved
  • General Property Info:Garage: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 166
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00124-0000-00018
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water
  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Sewer, Heat, Gas, Garbage Removal, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7545.0
  • Tax Other Annual Assessment Amount: 556000.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2025
Sold by
Thorne Annabella and Thorne Kenneth
Bought by
Kenneth Thorne 2025 Revocable Trust and Annabella Thorne 2025 Revocable Trust
Current Estimated Value
$1,188,201

Purchase Details

Listed on
Sep 29, 2023
Closed on
Dec 5, 2023
Sold by
Gumble Jason and Gumble Michele
Bought by
Thorne Kenneth and Thorne Annabella A
Seller's Agent
Michele Dougard
Patrick Parker Realty
Buyer's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$910,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 5, 2016
Sold by
Michael Poconnor
Bought by
Dougard Michele and Gumble Jason
Seller's Agent
Robert Ostrom
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Jennifer Jones
VRI Homes
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$535,128
Interest Rate
3.48%

Purchase Details

Closed on
Jun 21, 2005
Sold by
Ammermuller Nancy
Bought by
Oconnor Michael P and Oconnor Veronica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kenneth Thorne 2025 Revocable Trust -- None Listed On Document
Thorne Kenneth $1,150,000 Ktl Title Agency
Thorne Kenneth $1,150,000 Ktl Title Agency
Dougard Michele -- --
Oconnor Michael P $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorne Kenneth $910,000
Previous Owner Dougard Michele $535,128
Previous Owner Dougard Michele --
Previous Owner Oconnor Michael P $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2023 12/05/23 Sold $1,150,000 -4.2% $512 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $1,200,000 +120.2% $535 / Sq Ft
06/28/2016 06/28/16 Sold $545,000 -- $505 / Sq Ft View Prior Sale
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 $8,771 $602,800 $378,000 $224,800
2024 $7,817 $602,800 $378,000 $224,800
2023 $7,817 $556,000 $378,000 $178,000
2022 $5,675 $556,000 $378,000 $178,000
2021 $5,675 $556,000 $378,000 $178,000
2020 $7,478 $556,000 $378,000 $178,000
2019 $7,478 $556,000 $378,000 $178,000
2018 $6,867 $556,000 $378,000 $178,000
2017 $6,700 $556,000 $378,000 $178,000
2016 $6,853 $358,600 $208,000 $150,600
2015 $6,919 $373,600 $223,000 $150,600
2014 $6,592 $353,600 $203,000 $150,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22326883

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00124-0000-00018