NOT LISTED FOR SALE

Estimated Value: $723,000 - $879,000

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

Last Sold July 31, 2020

Last sale price $512,000

Est. 56% increase in value since last sale

Current estimated payment $5,014/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 Listed By

Henry Eisenstein

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

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%
Total Days on Market
5
Current Estimated Value
$800,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,826
Avg. Annual Appreciation
9.85%
Original Mortgage
$384,000
Outstanding Balance
$344,443
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$456,383

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

See All Agents

Map

Similar Homes in Belmar, NJ

  • 907 13th Ave, Belmar, NJ 07719

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,288 Sq Ft
    • 907 13th Ave
    • Belmar, NJ

    Property is in Attorney Review. WOW! Estate Sale - One block from the Belmar Marina, walking distance to downtown and train station. A bike ride to the beach! This money maker is a fully leased two family is yours for the asking! Check out this great deal!

    Jack Leonard C21/ Schlossbach Realty

    Section Image
  • 501 9th Ave, Belmar, NJ 07719

    $875,000

    • 4 Beds
    • 2 Baths
    • 2,127 Sq Ft
    • 501 9th Ave
    • Belmar, NJ

    DIAMOND IN THE ROUGH located on one of the nicest streets in Belmar needs TLC !!! Whether you are an INVESTOR or FAMILY looking to restore, renovate or build new, this 2-family ''solid'' home offers an opportunity to live 5 blocks from the beach + 2 Blocks from a Vibrant Downtown and nearby train station to NYC. Upon entering the first level, you are greeted with a spacious living room & dining

    Kathleen Byron Weichert Realtors-Sea Girt

    Section Image
  • 1611 River Rd, Belmar, NJ 07719

    $819,000

    • 4 Beds
    • 2.5 Baths
    • 2,469 Sq Ft
    • 1611 River Rd
    • Belmar, NJ

    Discover the perfect investment or multi-generational living opportunity in the heart of Belmar! This two-family home, situated on a desirable corner lot, offers two spacious 2-bedroom, 1-bath units, each brimming with charm and functionality. Enjoy water views from the property and the convenience of being within walking distance to the marina, vibrant downtown, train station, and a serene park.

    Josh Starner Sackman Realty

    Section Image

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22019039

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 46-00012-0000-00041