NOT LISTED FOR SALE

606 12th Ave Belmar, NJ 07719

Estimated Value: $838,541 - $927,000

4 Beds
3 Baths
1,448 Sq Ft
$607/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $560,000 $387 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,149/month

26 Days on Market

Highlights

  • Screened Porch
  • Patio
  • Electric Baseboard Heater
  • Air Conditioning
  • Forced Air Heating System
  • 2-minute walk to Three Acre Park

About This Home

As of October 2020

Great Investment Property - 3 units fully occupied in good condition. 6 blocks from the Beach and plenty of street parking.

Last Agent to Sell the Property

Jay Ricigliano

Action USA Jay Robert Realtors License #7819132 Listed on: 07/16/2020

Last Buyer's Agent

Carly Ringer

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,665

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50 x 60.14
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Stove

Outdoor Features

  • Patio

Schools

  • Belmar Elementary And Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Separate Meters
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, gas, electricity
  • The owner pays for water, sewer, garbage removal
  • Assessor Parcel Number 07-00115-0000-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,665

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 60.14
  • Location Middle School: Belmar
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Water Heater Tank: Yes
  • Exterior Porch - Screened: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.07
  • Waterfront: No
  • Exterior Features: Patio, Porch - Screened
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric BB
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 60.14
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00115-0000-00019
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Gas, Electricity
  • Owner Pays: Water, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5665.0
  • Tax Other Annual Assessment Amount: 421200.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Belmar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 21, 2020
Sold by
Jeffery Patrick
Bought by
Troisi Juliana M
Seller's Agent
Jay Ricigliano
Action USA Jay Robert Realtors
Buyer's Agent
Carly Ringer
Keller Williams Realty East Monmouth
List Price
$559,000
Sold Price
$560,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$878,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,635
Avg. Annual Appreciation
9.14%
Original Mortgage
$512,820
Outstanding Balance
$454,059
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$424,576

Purchase Details

Closed on
Nov 1, 2010
Sold by
Miscoski Ryan
Bought by
Jeffery Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2010
Sold by
Jeffery Patrick and Miscoski Ryan
Bought by
Jeffery Patrick and Miscoski Ryan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Troisi Juliana M $560,000 Sunnyside Title
Jeffery Patrick -- Crystal Title Agency Llc
Jeffery Patrick $93,087 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troisi Juliana M $512,820
Previous Owner Jeffery Patrick $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $560,000 +0.2% $387 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $559,000 -- $386 / 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 $6,268 $430,800 $297,900 $132,900
2024 $6,057 $430,800 $297,900 $132,900
2023 $6,057 $430,800 $297,900 $132,900
2022 $5,716 $430,800 $297,900 $132,900
2021 $5,716 $421,200 $297,900 $123,300
2020 $5,665 $421,200 $297,900 $123,300
2019 $5,665 $421,200 $297,900 $123,300
2018 $5,202 $421,200 $297,900 $123,300
2017 $5,075 $421,200 $297,900 $123,300
2016 $5,704 $298,500 $144,900 $153,600
2015 $5,987 $312,000 $158,400 $153,600
2014 $5,689 $294,000 $140,400 $153,600
Source: Public Records

Agents Affiliated with this Home

  • Jay Ricigliano

    Seller's Agent in 2020

    Jay Ricigliano

    Action USA Jay Robert Realtors

    (609) 954-4661

    47 Total Sales

    Jay Ricigliano
    Section Image

  • C

    Buyer's Agent in 2020

    Carly Ringer

    Keller Williams Realty East Monmouth

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22023971

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00115-0000-00019

New Jersey Monmouth County Belmar 07719

606 12th Ave, Belmar, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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