NOT LISTED FOR SALE

510 18th Ave Belmar, NJ 07719

Estimated Value: $825,000 - $1,217,567

9 Beds
3 Baths
3,172 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $900,000 $284 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,272/month

102 Days on Market

Highlights

  • Detached Garage
  • Ceramic Tile Flooring
  • Level Lot
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of January 2024

Nine total bedrooms. Five blocks to Belmar's beautiful beach!This multi family has 2 -3 bedrooms/1 bath in the front house with separate gas and electric. One main water line. The grandfathered back 3 bedroom garage apartment needs to be completed. The permit is in place and buyer can complete with their handyman skills for more income! The front house was renovated in 2010, 3 seperate electric and gas meters.Come with your contractor and imagination to bring the garage apartment back to life!

Last Agent to Sell the Property

Lila Alsieux

The Gallery Residential Brokerage License #9697690 Listed on: 03/09/2023

Last Buyer's Agent

Rocio Lila Alsieux

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,622

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 110
  • Level Lot

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Stove

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Parking

  • Detached Garage
  • Unpaved Parking
  • On-Street Parking

Schools

  • Belmar Elementary School
  • Asbury Park High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Tenant pays for water, heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer
  • Assessor Parcel Number 46-00012-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,622

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Ceramic Tile, Other
  • New Construction: No
  • Year Built: 1924
  • 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 110
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • General Property Info Handicap Access: No
  • Parking Unpaved: 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 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Waterfront: No
  • Exclusions: Tenants belongings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: On Street, Unpaved, Detached
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 50 x 110
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 46-00012-0000-00024
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9622.0
  • Tax Other Annual Assessment Amount: 799200.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Jan 12, 2024
Sold by
Shea Michael J
Bought by
Strangia Anthony V and Strangia Jennifer M
Seller's Agent
Lila Alsieux
The Gallery Residential Brokerage
Buyer's Agent
Rocio Lila Alsieux
Ward Wight Sotheby's International Realty
List Price
$1,350,000
Sold Price
$900,000
Premium/Discount to List
-$450,000
-33.33%
Views
179
Current Estimated Value
$1,011,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,892
Avg. Annual Appreciation
7.01%
Original Mortgage
$848,000
Outstanding Balance
$834,326
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$177,566

Purchase Details

Closed on
Jun 16, 2001
Sold by
Langbein Raymond
Bought by
Shea Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
6.32%
Source: Public Records

Range of Values:

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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
Strangia Anthony V $900,000 First American Title Insurance
Strangia Anthony V $900,000 First American Title Insurance
Shea Michael $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strangia Anthony V $848,000
Closed Strangia Anthony V $848,000
Previous Owner Shea Michael $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $900,000 -33.3% $284 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,350,000 -- $426 / 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
2025 $10,636 $960,600 $671,600 $289,000
2024 $9,746 $952,200 $630,000 $322,200
2023 $9,746 $850,400 $573,400 $277,000
2022 $8,922 $799,200 $535,400 $263,800
2021 $8,922 $616,600 $382,000 $234,600
2020 $8,335 $584,500 $313,700 $270,800
2019 $8,500 $581,400 $313,700 $267,700
2018 $8,981 $576,800 $320,100 $256,700
2017 $9,590 $565,100 $316,200 $248,900
2016 $9,564 $542,200 $299,500 $242,700
2015 $10,147 $556,000 $308,700 $247,300
2014 $9,326 $548,600 $281,700 $266,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22306334

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00012-0000-00024