5708 Ocean Blvd Unit U1 Beach Haven, NJ 08008
Long Beach Island NeighborhoodEstimated Value: $1,077,000 - $1,266,000
3
Beds
2
Baths
1,252
Sq Ft
5,009
Sq Ft Lot
Highlights
- Home fronts navigable water
- Building is oceanfront but unit may not have water views
- Furnished
- Water Access
- Open Floorplan
- No HOA
About This Home
As of January 2022Just one off the ocean, imagine this spacious condo as your Island getaway just steps to LBI's pristine beaches! Completely renovated, immaculate and fully furnished with a bright, beachy vibe, this first floor unit features 3 bedrooms and 2 full baths, which includes a master suite with its own bath. The open floor plan provides an easy flow from the stainless kitchen with breakfast bar through to the dining and living areas, and out to the easterly facing deck that spans the entire width of the home, where you can take in the sound of the waves and the ocean breezes. This property is situated on quiet Ocean Blvd in Brant Beach, providing a multitude of opportunities for walking, biking and other outdoor activities at nearby Bayview Park and has ample parking on a 50 x 100 lot. One of just two units, this 1252 sq ft condo is perfect for personal use as well as being a terrific investment with an established rental history and income of over $40K in 2021 - the best of both worlds!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,361
Year Built
- Built in 1965
Lot Details
- Building is oceanfront but unit may not have water views
- Home fronts navigable water
- Property is in excellent condition
Parking
- 3 Off-Street Spaces
Home Design
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,252 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Furnished
- Recessed Lighting
- Window Treatments
- Sliding Doors
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Water Access
- Property is near an ocean
Location
- Flood Risk
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Brant Beach Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 00008
- Assessor Parcel Number 18-00015 55-00008-C0001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Jan 20, 2022
Sold by
Gorg Mary E
Bought by
Howard Catrina and Tier Gary Daniel
Seller's Agent
Lisa Musarra
Oceanside Realty - HC
Buyer's Agent
Patrick Pietrefesa
BHHS Zack Shore REALTORS
List Price
$995,000
Sold Price
$987,500
Premium/Discount to List
-$7,500
-0.75%
Total Days on Market
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,738
Avg. Annual Appreciation
4.27%
Original Mortgage
$790,000
Outstanding Balance
$746,056
Interest Rate
3.56%
Estimated Equity
$392,244
Purchase Details
Listed on
Nov 17, 2021
Closed on
Jan 11, 2022
Sold by
Gorg Mary E
Bought by
Tier Gary Daniel and Howard Catrina
Seller's Agent
Lisa Musarra
Oceanside Realty - HC
Buyer's Agent
Patrick Pietrefesa
BHHS Zack Shore REALTORS
List Price
$995,000
Sold Price
$987,500
Premium/Discount to List
-$7,500
-0.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$746,056
Interest Rate
3.56%
Estimated Equity
$392,244
Purchase Details
Closed on
Oct 31, 2017
Sold by
Gorg Shawn F
Bought by
Gorg Mary E
Purchase Details
Closed on
Nov 19, 2004
Sold by
Boris Irwin M and Koss Boris Jennifer
Bought by
Gorg Shawn F and Gorg Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Beach Haven, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tier Gary Daniel | $987,500 | Surety Title | |
| Gorg Mary E | -- | -- | |
| Gorg Shawn F | $609,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tier Gary Daniel | $790,000 | |
| Previous Owner | Gorg Mary E | $75,000 | |
| Previous Owner | Boris Irwin M | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2022 01/14/22 | Sold | $987,500 | -0.8% | $789 / Sq Ft |
| 12/09/2021 12/09/21 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $995,000 | -- | $795 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,571 | $740,800 | $427,500 | $313,300 |
| 2023 | $6,153 | $740,800 | $427,500 | $313,300 |
| 2022 | $6,153 | $739,600 | $427,500 | $312,100 |
| 2021 | $5,961 | $739,600 | $427,500 | $312,100 |
| 2020 | $4,361 | $438,700 | $315,000 | $123,700 |
| 2019 | $4,400 | $438,700 | $315,000 | $123,700 |
| 2018 | $4,269 | $438,700 | $315,000 | $123,700 |
| 2017 | $4,327 | $438,700 | $315,000 | $123,700 |
| 2016 | $4,326 | $438,700 | $315,000 | $123,700 |
| 2015 | $4,321 | $438,700 | $315,000 | $123,700 |
| 2014 | $4,216 | $438,700 | $315,000 | $123,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Musarra
L
Seller's Agent in 2022
Lisa Musarra
Oceanside Realty - HC
(609) 384-6609
16 in this area
18 Total Sales
-
Patrick Pietrefesa
Buyer's Agent in 2022
Patrick Pietrefesa
BHHS Zack Shore REALTORS
(609) 312-1434
39 in this area
56 Total Sales
Map
Source: Bright MLS
MLS Number: NJOC2004704
APN: 18-00015-55-00008-0000-C1
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