NOT LISTED FOR SALE

608 16th Ave Unit 5 Belmar, NJ 07719

Estimated Value: $816,000 - $1,429,000

6 Beds
4 Baths
2,688 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $505,000 $188 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,255/month

48 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • 2-minute walk to Mitzi and Emily's Playground
  • Level Lot

About This Home

As of November 2018

Great duplex with 2 large 3 bedroom units front and back.
Each have their own entrance.Full finished basements with washer/ dryer,central air in both.
Shared driveway with ample parking in the rear. separate utilities.
Close to main street and 5 blocks to sand and sea.
Both units currently rented yearly.Both units are identical in size.

Last Agent to Sell the Property

Paulette Young

C21/ Schlossbach Realty License #8430710 Listed on: 08/16/2018

Last Buyer's Agent

Laurie Londoner

Diane Turton, Realtors-Spring Lake License #1223088

Diane Turton, Realtors-Spring Lake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 40 x 114
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking
  • Assigned Parking

Schools

  • Belmar Middle School
  • Wall High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants furnishings and belongings
  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 07-00155-0000-00016-02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,990

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • New Construction: No
  • Year Built: 1990
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 114
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: 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
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: tenants furnishings and belongings
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 40 x 114
  • Parcel #: 07-00155-0000-00016-02
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5990.0
  • Tax Other Annual Assessment Amount: 497100.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Wall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 7, 2018
Sold by
Stockwell Richard
Bought by
Enright Donald J and Enright Margaret K
Seller's Agent
Paulette Young
C21/ Schlossbach Realty
Buyer's Agent
Laurie Londoner
Diane Turton, Realtors-Spring Lake
Sold Price
$505,000
Current Estimated Value
$1,073,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,319
Avg. Annual Appreciation
11.34%
Original Mortgage
$378,750
Outstanding Balance
$333,687
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$739,632

Purchase Details

Closed on
Nov 16, 2006
Sold by
Dunn Gregory S
Bought by
Stockwell Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2000
Sold by
Four D Real Estate
Bought by
Dunn Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 1998
Sold by
Zampetti Nicholas
Bought by
Dunn Leonard
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
Enright Donald J $505,000 Surety Title Agency Coastal
Stockwell Richard $465,000 --
Dunn Gregory $225,000 --
Dunn Leonard $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enright Donald J $378,750
Previous Owner Stockwell Richard $348,750
Previous Owner Dunn Gregory $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $505,000 -- $188 / 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 $7,233 $497,100 $211,600 $285,500
2024 $6,989 $497,100 $211,600 $285,500
2023 $6,989 $497,100 $211,600 $285,500
2022 $6,746 $497,100 $211,600 $285,500
2021 $6,746 $497,100 $211,600 $285,500
2020 $6,686 $497,100 $211,600 $285,500
2019 $6,686 $497,100 $211,600 $285,500
2018 $6,139 $497,100 $211,600 $285,500
2017 $5,990 $497,100 $211,600 $285,500
2016 $7,694 $402,600 $100,200 $302,400
2015 $7,726 $402,600 $100,200 $302,400
2014 $8,274 $427,600 $125,200 $302,400
Source: Public Records

Agents Affiliated with this Home

  • Paulette Young

    Seller's Agent in 2018

    Paulette Young

    C21/ Schlossbach Realty

    (732) 539-3690

    8 in this area

    10 Total Sales

    Paulette Young
    Section Image

  • L

    Buyer's Agent in 2018

    Laurie Londoner

    Diane Turton, Realtors-Spring Lake

    (609) 915-4835

    17 Total Sales

    Laurie Londoner
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21832478

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00155-0000-00016-02

New Jersey Monmouth County Belmar 07719

608 16th Ave Unit 5, 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.

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Information is deemed reliable but not guaranteed.

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