NOT LISTED FOR SALE

624 18th Ave Unit B Belmar, NJ 07719

Estimated Value: $736,000 - $921,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 31, 2020

Last sale price $512,000

Est. 60% increase in value since last sale

Current estimated payment $5,146/month

5 Days on Market

About This Home

As of July 2020

Investors Dream! You don't want to miss a great opportunity to own this multi-family home located in the heart of Lake Como and just a couple of blocks away from the beach! Live in one and rent out the other, or rent out seasonally and enjoy a summer by the shore! Inside, both units have 2 spacious bedrooms,1 full bath and have been completely remodeled with immaculate upgrades and stunning finishing touches. The breathtaking eat-in kitchens both have brand new stainless steel appliance packages, quartz countertops and tile backsplashes, and pristine cabinetry. Both cozy living rooms have large windows letting in natural sunlight making them the perfect spot to host friends and family. Outside is a large driveway and space for 6 cars. Close to shopping and restaurants and mass transit. Has the potential to produce 60,000 in income a year.

Last Agent to Sell the Property

Henry Eisenstein

Keller Williams Realty East Monmouth Listed on: 06/12/2020

Last Buyer's Agent

Henry Eisenstein

Striker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,442

Year Built

  • Built in 1946

Lot Details

  • Sloped Lot

Parking

  • No Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Recessed Lighting

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Belmar Elementary And Middle School
  • Manasquan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 46-00012-0000-00041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,442

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Sloped
  • Subdivision Name: None
  • Reso Interior Features: Recessed Lighting
  • New Construction: No
  • Year Built: 1946
  • 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
  • Location Middle School: Belmar
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Garage None4: Yes
  • Lot Description Sloped: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • 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

  • Parcel #: 46-00012-0000-00041
  • Zoning Description: Residential, Multi-Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6442.0
  • Tax Other Annual Assessment Amount: 440600.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 29, 2020
Sold by
624 18Th Llc
Bought by
Podolanczuk Andrzej and Podolanczuk Haleh
Seller's Agent
Henry Eisenstein
Keller Williams Realty East Monmouth
Buyer's Agent
Henry Eisenstein
Striker Realty
List Price
$499,900
Sold Price
$512,000
Premium/Discount to List
$12,100
2.42%
Current Estimated Value
$820,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,812
Avg. Annual Appreciation
10.13%
Original Mortgage
$384,000
Outstanding Balance
$344,443
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$476,369

Purchase Details

Closed on
Jan 17, 2020
Sold by
Walsh Daniel M and Doyle Edwin J
Bought by
624 18Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2009
Sold by
Walsh Daniel M and Doyle Edwin J
Bought by
Walsh Daniel M and Walsh Mary

Purchase Details

Closed on
Jul 16, 2008
Sold by
Kreger Heather and Doyle Heather Kreger
Bought by
Doyle Edwin J
Source: Public Records

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Range of Values:

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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
Podolanczuk Andrzej $512,000 Nuco Title Ins Agcy Inc
624 18Th Ave Llc $275,000 Cross Bridge Title Llc
Walsh Daniel M -- None Available
Doyle Edwin J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Podolanczuk Andrzej $384,000
Previous Owner 624 18Th Ave Llc $325,000
Previous Owner Walsh Daniel M $300,000
Previous Owner Walsh Daniel M $252,000
Previous Owner Walsh Daniel M $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $512,000 +2.4% --
06/18/2020 06/18/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $499,900 -- --
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 $6,892 $664,800 $567,500 $97,300
2023 $6,892 $601,400 $506,400 $95,000
2022 $7,508 $562,900 $472,400 $90,500
2021 $7,508 $518,900 $382,200 $136,700
2020 $6,301 $441,900 $332,200 $109,700
2019 $6,442 $440,600 $332,200 $108,400
2018 $6,714 $431,200 $303,300 $127,900
2017 $6,944 $409,200 $285,200 $124,000
2016 $6,904 $391,400 $270,100 $121,300
2015 $6,075 $332,900 $230,500 $102,400
2014 $5,969 $351,100 $230,500 $120,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Henry Eisenstein

    Keller Williams Realty East Monmouth

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22019039

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00012-0000-00041

New Jersey Monmouth County Belmar 07719

624 18th Ave Unit B, Belmar, NJ

This home is located at 624 18th Ave Unit B, Belmar, NJ 07719 since 12 June 2020 and is currently estimated at $820,812. This property was built in 1946. 624 18th Ave Unit B is a home located in Monmouth County with nearby schools including St. Rose Grammar School and St Rose High 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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