NOT LISTED FOR SALE

59 Kearney Ave Seaside Heights, NJ 08751

Estimated Value: $823,000

5 Beds
3 Baths
2,614 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $439,900 $168 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,671/month

79 Days on Market

Highlights

  • Oceanside
  • 1 Car Attached Garage
  • Recessed Lighting
  • Deck
  • Oversized Parking
  • Tankless Water Heater

About This Home

As of May 2020

Nothing to do here. Nicely improved ocean block North end property with all the amenities, plenty of off street parking and a 1 car garage!! Separate gas and electric meters, high efficiency heat and central AC and tankless hot water in all 3 units. All of the kitchens and bathrooms have been updated. Maintenance free yard with an outdoor shower. Detached front house has a washer dryer and 2 rear units share a laundry room. Strong rental history with approximately $45k in annual income. This is a rare find. A must see at this price!!

Last Agent to Sell the Property

Betty Meseroll

Seaside Heights Realty Inc. License #0571199 Listed on: 02/28/2020

Last Buyer's Agent

Kimani Brown

Weichert Realtors-Toms River License #1758115

Weichert Realtors-Toms River

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,067

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,614 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Deck
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Baseboard Heater
  • Separate Meters
  • Separate Water Meter
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Furnishings and personal property of the tenants per current lease.
  • Tenant pays for hot water, heat, gas, electricity
  • Assessor Parcel Number 27-00038-0000-00063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,067

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Ocean Block, Oceanside
  • ResoSecurityFeatures: Fire Sprinkler System
  • Subdivision Name: None
  • Reso Flooring: Laminate, Ceramic Tile
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Recessed Lighting: Yes
  • ExteriorDeck: Yes
  • Garage Oversized: Yes
  • General Property Info # Parking Spaces: 6.0
  • Lot Description Ocean Block: 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 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Exterior Locked Storage2: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle, Flat
  • Waterfront Features: Oceanside/Beach Blk
  • Waterfront: No
  • Exclusions: Furnishings and personal property of the tenants per current lease.
  • Exterior Features: Deck, Locked Storage, Lighting
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street, Oversized
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, HWBB
  • HeatingYN: Yes
  • Utilities: Wired for Cable
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 27-00038-0000-00063
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9067.0
  • Tax Other Annual Assessment Amount: 385000.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
May 5, 2020
Sold by
Ioannou Vasilios and Ioannou Zaharoula
Bought by
Ryan Randy K
Seller's Agent
Betty Meseroll
Seaside Heights Realty Inc.
Buyer's Agent
Kimani Brown
Weichert Realtors-Toms River
List Price
$439,900
Sold Price
$439,900
Current Estimated Value
$823,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,100
Avg. Annual Appreciation
12.11%
Original Mortgage
$439,900
Outstanding Balance
$389,812
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$433,188

Purchase Details

Listed on
Feb 26, 2014
Closed on
Apr 8, 2014
Sold by
Benevy Jodie N and Benevy Carol L
Bought by
Ioannou Vasilios and Ioannou Zaharoula
Seller's Agent
Patrick Meehan
RE/MAX New Beginnings Realty-Toms River
Buyer's Agent
Betty Meseroll
Diane Turton, Realtors-Lavallette
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Brise Llc
Bought by
Benevy Jodie N and Benevy Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,231
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2003
Sold by
Magiera Gary W
Bought by
Brise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.53%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Diperi Bart J and Kearns Patricia
Bought by
Magiera Gary W and Magiera Nallybe B
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
Ryan Randy K $439,900 None Available
Ioannou Vasilios $205,000 Interstate 1St Title Agency
Benevy Jodie N $267,000 None Available
Brise Llc $218,000 --
Magiera Gary W $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Randy K $439,900
Previous Owner Benevy Jodie N $260,231
Previous Owner Brise Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2020 05/05/20 Sold $439,900 0.0% $168 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $439,900 0.0% $168 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $439,900 +114.6% $168 / Sq Ft
04/16/2014 04/16/14 Sold $205,000 -- -- 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 $4,254 $449,900 $300,000 $149,900
2024 $3,948 $150,100 $90,000 $60,100
2023 $9,629 $150,100 $90,000 $60,100
2022 $9,629 $385,000 $180,000 $205,000
2021 $9,317 $385,000 $180,000 $205,000
2020 $9,348 $385,000 $180,000 $205,000
2019 $9,067 $385,000 $180,000 $205,000
2018 $8,828 $385,000 $180,000 $205,000
2017 $8,663 $385,000 $180,000 $205,000
2016 $6,671 $301,600 $180,000 $121,600
2015 $6,439 $301,600 $180,000 $121,600
2014 $4,708 $240,800 $180,000 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22000660

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00038-0000-00063