NOT LISTED FOR SALE

512 W Brigantine Ave Brigantine, NJ 08203

Estimated Value: $983,000 - $1,084,000

-- Bed
-- Bath
1,960 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $700,000 $357 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,150/month

Highlights

  • Ocean View
  • Deck
  • Laundry Room
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Baseboard Heating

About This Home

As of August 2021

OCEAN BLOCK TRIPLEX - OVER SIZED LOT - 50 X 125 EXCELLENT RENTAL INCOME - YEARLY RENTAL INCOME $51,600. SUMMER RENTAL INCOME - $66,000 BASED ON 12 WEEKS. TOP FLOOR - 2 BEDROOM, 1 BATHROOM, OCEAN VIEW. FIRST FLOOR - 2 ONE BEDROOM 1 BATHROOM APARTMENTS. LAUNDRY FACILITY ON PREMISES. PROPERTY IN EXCELLENT CONDITION. OFF STREET PARKING CLOSE TO CENTER OF TOWN. ONE MINUTE WALK TO THE BEACH.

Last Agent to Sell the Property

JOSEPH FUMO

WEICHERT REALTORS BRIGANTINE REALTY License #0123599 Listed on: 07/13/2021

WEICHERT REALTORS BRIGANTINE REALTY

Last Buyer's Agent

Jennifer Capossela

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Lot Details

  • Lot Dimensions are 50x125
  • Building is beachfront but unit may not have water views
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Aluminum Siding

Interior Spaces

  • Blinds
  • Ocean Views
  • Crawl Space
  • Storm Screens
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Also Includes: Blinds
  • Lvt Date: 07/13/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Basement: Crawl Space
  • Other Rooms: Laundry/Utility Rm

Exterior Features

  • Outside Features: Deck, Ocean View
  • Siding Exterior: Aluminum
  • Storm Screens: Screens, Storms

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Beach Block, Corner, Water View
  • Lot Dimensions: 50x125

Rental Info

  • Rental Information: Lease Required, Seasonal, Security Deposit, Yearly

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 25, 2021
Sold by
Fumo Joseph J and Fumo Kimberly A
Bought by
Edwards Denin and Starr Claire
Seller's Agent
JOSEPH FUMO
WEICHERT REALTORS BRIGANTINE REALTY
Buyer's Agent
Jennifer Capossela
Keller Williams Realty Jersey Shore-Ocean City
List Price
$799,900
Sold Price
$700,000
Premium/Discount to List
-$99,900
-12.49%
Current Estimated Value
$1,019,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,506
Avg. Annual Appreciation
10.81%
Original Mortgage
$525,000
Outstanding Balance
$478,751
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$587,494

Purchase Details

Closed on
Jul 11, 2019
Sold by
Haynes Francis T and Haynes Sharon M
Bought by
Fumo Joseph J and Fumo Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2015
Closed on
Feb 26, 2016
Sold by
Thompson Lewis L
Bought by
Haynes Francis T and Haynes Sharon M
Buyer's Agent
Joseph Musumeci
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$237,500
Sold Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$178,125
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1978
Bought by
Mcgarvey Katherine M
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
Edwards Denin $700,000 Foundation Title Llc
Fumo Joseph J -- Noble Abstract Company Inc
Haynes Francis T $237,500 Fidelity National Title Ins
Mcgarvey Katherine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Denin $525,000
Previous Owner Fumo Joseph J $250,000
Previous Owner Haynes Francis T $178,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2021 08/25/21 Sold $700,000 -6.7% $357 / Sq Ft
08/04/2021 08/04/21 Price Changed $749,900 -6.3% $383 / Sq Ft
07/13/2021 07/13/21 For Sale $799,900 +236.8% $408 / Sq Ft
02/26/2016 02/26/16 Sold $237,500 0.0% $121 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
02/18/2015 02/18/15 For Sale $237,500 -- $121 / Sq Ft
Source: South Jersey Shore Regional 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 $8,939 $475,500 $382,500 $93,000
2024 $8,939 $475,500 $382,500 $93,000
2023 $8,081 $475,500 $382,500 $93,000
2022 $8,081 $465,200 $382,500 $82,700
2021 $7,936 $465,200 $382,500 $82,700
2020 $7,853 $465,200 $382,500 $82,700
2019 $7,922 $465,200 $382,500 $82,700
2018 $8,081 $465,200 $382,500 $82,700
2017 $8,211 $465,200 $382,500 $82,700
2016 $8,206 $465,200 $382,500 $82,700
2015 $8,248 $465,200 $382,500 $82,700
2014 $7,941 $465,200 $382,500 $82,700
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH FUMO

    Seller's Agent in 2021

    JOSEPH FUMO

    Weichert Corporate

    (609) 800-2809

    18 in this area

    20 Total Sales

    JOSEPH FUMO
    Section Image
  • Jennifer Capossela

    Buyer's Agent in 2021

    Jennifer Capossela

    Keller Williams Realty Jersey Shore-Ocean City

    (609) 705-8271

    8 in this area

    110 Total Sales

    Jennifer Capossela
    Section Image
  • Joseph Musumeci

    Buyer's Agent in 2016

    Joseph Musumeci

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (609) 266-7676

    24 in this area

    26 Total Sales

    Joseph Musumeci
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553010

South Jersey Shore Regional MLS

APN: 03-00703-0000-00004

New Jersey Atlantic County Brigantine 08203

512 W Brigantine Ave, Brigantine, NJ

This home is located at 512 W Brigantine Ave, Brigantine, NJ 08203 since 13 July 2021 and is currently estimated at $1,019,506, approximately $520 per square foot. 512 W Brigantine Ave is a home located in Atlantic County with nearby schools including Brigantine Elementary School and Brigantine Community School.

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