NOT LISTED FOR SALE

606 9th Ave Belmar, NJ 07719

Estimated Value: $1,056,000 - $1,340,468

5 Beds
3.5 Baths
2,377 Sq Ft
$510/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $570,000 $240 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,098/month

15 Days on Market

Highlights

  • Deck
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • 2 Car Detached Garage
  • Fenced

About This Home

As of December 2018

Awesome INVESTMENT OPPORTUNITY - Three Family property - First Floor has Two - 1 Bedroom apartments w/ Living Room, Kitchen and Full Bath. Second Floor Apartment is 3 Bedroom, 1.5 Full Bath unit w/ Living Room, Dining Room, and KitchenDetached Two Garage, Full Basement, and Nice sized Backyard. Convenient location to Main Street restaurants and shops and short walk to the Beach. The perfect Investment opportunity for you, the Next Owner

Last Agent to Sell the Property

John Natale

Keller Williams Realty West Monmouth Listed on: 09/19/2018

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 50 x 150
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck

Schools

  • Belmar Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 07-00085-0000-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,453

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1903
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Belmar
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 07-00085-0000-00020

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6453.0
  • Tax Other Annual Assessment Amount: 535500.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Dec 7, 2018
Sold by
Tres 107 Llc
Bought by
Ferrara Gerard and Keelan Judith
Seller's Agent
John Natale
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$570,000
Current Estimated Value
$1,211,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,617
Avg. Annual Appreciation
11.66%
Original Mortgage
$408,750
Outstanding Balance
$356,939
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$854,678

Purchase Details

Closed on
Nov 1, 2017
Sold by
Monmouth County Sheriff
Bought by
Benjamin Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1998
Sold by
Galoppo Nancy
Bought by
Mccormick Edward and Mccormick Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.09%
Mortgage Type
VA
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
Ferrara Gerard $545,000 Passaic Valley Title Svcs In
Benjamin Properties $1,954,841 --
Mccormick Edward $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrara Gerard $408,750
Previous Owner Benjamin Properties $308,250
Previous Owner Mccormick Edward $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2018 12/05/18 Sold $570,000 -- $240 / 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 $7,792 $535,500 $375,000 $160,500
2024 $7,529 $535,500 $375,000 $160,500
2023 $7,529 $535,500 $375,000 $160,500
2022 $7,267 $535,500 $375,000 $160,500
2021 $7,267 $535,500 $375,000 $160,500
2020 $7,202 $535,500 $375,000 $160,500
2019 $7,202 $535,500 $375,000 $160,500
2018 $6,613 $535,500 $375,000 $160,500
2017 $6,453 $535,500 $375,000 $160,500
2016 $6,257 $327,400 $205,000 $122,400
2015 $6,571 $342,400 $220,000 $122,400
2014 $6,238 $322,400 $200,000 $122,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21837090

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00085-0000-00020