NOT LISTED FOR SALE

Estimated Value: $1,316,000 - $2,407,000

Studio
2 Baths
1,200 Sq Ft
$1,490/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $739,000 $616 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $10,146/month

67 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot

About This Home

As of June 2017

It's all about the location of this teardown property in the historic town of Barnegat Light. Located 4th from the ocean on a treasured handicapped access beach. The existing duplex is being sold in "as is" condition with the buyer being responsible for the resale CO. The home offers a total of 4 bedrooms and 2 full bathrooms. Please use extreme caution when previewing the second floor, the decking is older and not up to today's building codes. Let you family dreams of building your own custom beach house become a reality. LBI living begins at 6 East 29th Street today! Easy to preview.

Last Agent to Sell the Property

Stacey Ghigliotty

(609) 494-7272 staceygig@aol.com BHHS Zack Shore REALTORS License #0231452 Listed on: 04/10/2017

BHHS Zack Shore REALTORS

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x125
  • Level Lot
  • The property's topography is level
  • Property is in below average condition

Home Design

  • Side-by-Side
  • Fixer Upper
  • Flat Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • Window Treatments
  • Wood Flooring
  • Crawl Space
  • Cooktop

Location

  • Flood Risk

Schools

  • Southern Regional Middle School
  • Southern Regional High School

Community Details

  • No Home Owners Association
  • 2 Units
  • Barnegat Light Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 02-00055-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,778

Year Built

Built in 1955

Lot Details

6,273 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1955
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop
  • Flooring Type: Wood
  • Interior Amenities: Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 632.42
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Lot Info

  • Improvement Assessed Value: 95300.00
  • Land Assessed Value: 575000.00
  • Lot Features: Level
  • Lot Dimensions: 50x125
  • Property Condition: Below Average, Major Rehab Needed
  • Topography: Level
  • Zoning: RB
  • Zoning Description: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2826799
  • Tax Annual Amount: 5778.00
  • Assessor Parcel Number: 02-00055-0000-00008
  • Tax Lot: 8
  • Tax Year: 2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 22, 2017
Sold by
Bunsfield Richard J
Bought by
Cavalier Robert M and Cavalier Darlene F
Seller's Agent
Stacey Ghigliotty
BHHS Zack Shore REALTORS
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$758,900
Sold Price
$739,000
Premium/Discount to List
-$19,900
-2.62%
Current Estimated Value
$1,788,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,039
Avg. Annual Appreciation
10.75%
Original Mortgage
$591,200
Outstanding Balance
$489,994
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,298,045

Purchase Details

Closed on
Feb 21, 1985
Bought by
Bunsfield Richard J
Source: Public Records
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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
Cavalier Robert M $739,000 --
Bunsfield Richard J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavalier Robert M $591,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $739,000 -2.6% $616 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $758,900 -- $632 / Sq Ft
Source: Bright MLS

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 $11,219 $1,113,000 $575,000 $538,000
2024 $9,917 $1,113,000 $575,000 $538,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC169602

Bright MLS

APN: 02-00055-0000-00008

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