NOT LISTED FOR SALE

611 Park Place Ave Bradley Beach, NJ 07720

Estimated Value: $809,000 - $999,000

5 Beds
2 Baths
2,128 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $380,000 $179 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,400/month

16 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 4-minute walk to Riley Park Bradley Beach
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

As of June 2014

Modern 2 family building. Large apartments is great condition. Gutted to the studs. Large yard for off street parking. Large deck off second floor apartment. Large attic with high ceilings. Were talking large. Full basement. Separate heat and electric. Many recent updates. Long term tenants paying below market rents. Potential $35k gross yearly rent.

Last Agent to Sell the Property

Richard Davidson

Berkshire Hathaway HomeServices Signature Properties Listed on: 03/26/2014

Last Buyer's Agent

Jacob Smith

Ward Wight Sotheby's International Realty License #0560385

Ward Wight Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,950

Lot Details

  • Lot Dimensions are 50x100
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Bradley Beach Elementary And Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 00020000000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Strs
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50X100
  • Location Middle School: Bradley Beach
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • ExteriorDeck: Yes
  • General Property Info # Parking Spaces: 3.0
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Bradley Beach

Lot Info

  • Lot Dimensions: 50X100
  • Parcel #: 00020000000002
  • Zoning Description: Multi-Use

Rental Info

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

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5950.0
  • Tax Other Annual Assessment Amount: 434600.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Bradley Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jun 5, 2014
Sold by
Makoski Barbara
Bought by
Baadarani Janine
Seller's Agent
Richard Davidson
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Jacob Smith
Ward Wight Sotheby's International Realty
Sold Price
$380,000
Current Estimated Value
$900,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,004
Avg. Annual Appreciation
8.56%
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Baadarani Janine $380,000 Executive Abstract Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baadarani Janine $205,000
Closed Baadarani Janine $160,000
Closed Baadarani Janine $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $380,000 -- $179 / 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
2024 $7,484 $828,300 $525,600 $302,700
2023 $7,484 $792,800 $512,400 $280,400
2022 $6,537 $667,900 $433,400 $234,500
2021 $6,537 $557,800 $332,200 $225,600
2020 $6,429 $526,100 $310,500 $215,600
2019 $6,383 $504,200 $350,000 $154,200
2018 $6,186 $447,000 $300,000 $147,000
2017 $5,762 $407,500 $265,000 $142,500
2016 $5,996 $428,900 $290,000 $138,900
2015 $5,901 $422,700 $290,000 $132,700
2014 $6,015 $434,600 $260,000 $174,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Davidson

    Berkshire Hathaway HomeServices Signature Properties

  • Jacob Smith

    Buyer's Agent in 2014

    Jacob Smith

    Ward Wight Sotheby's International Realty

    (732) 567-0162

    116 Total Sales

    Jacob Smith
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21411042

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00020-0000-00002

New Jersey Monmouth County Bradley Beach 07720

611 Park Place Ave, Bradley Beach, NJ

This home is located at 611 Park Place Ave, Bradley Beach, NJ 07720 since 26 March 2014 and is currently estimated at $900,004, approximately $422 per square foot. 611 Park Place Ave is a home located in Monmouth County with nearby schools including Bradley Beach Elementary School and Hope Academy Charter School.

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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