NOT LISTED FOR SALE

69 5th St Highlands, NJ 07732

Estimated Value: $633,000 - $810,000

2 Beds
1 Bath
2,916 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $450,000 $154 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,775/month

28 Days on Market

Highlights

  • Bay View
  • Air Conditioning
  • Heating Available

About This Home

As of October 2021

GREAT INVESTMENT PROPERTY, Multi family, three apartments. First floor, 1 bedroom, 1 bath is vacant. Spacious second and third floor apartments, 2 bedrooms and 1 bath with water views (both have tenants). Plenty of parking space. Walking distance to Sea Streak Ferry service to NYC. Minutes to local beaches, restaurants, downtown Highlands. PERFECT LOCATION.

Last Agent to Sell the Property

Ivone Ventura

RE/MAX Imperial Listed on: 09/10/2021

Co-Listed By

Michael Fabozzi

RE/MAX Imperial

Last Buyer's Agent

Gina Cavallo

Imperial Realty Properties License #1974667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,803

Year Built

  • Built in 1918

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bay Views
  • Partial Basement
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Parking
  • Off-Street Parking

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School
  • Henry Hudson High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: personal items
  • Assessor Parcel Number 19-00065-0000-00024-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,803

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Co List Office Mls Id: 3964
  • Co List Office Phone: 732-534-3554
  • Subdivision Name: None
  • Year Built: 1918
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Henry Hudson Reg
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Exterior Bay View: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exclusions: personal items
  • Exterior Features: Bay View
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Unpaved
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 19-00065-0000-00024-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8803.0
  • Tax Other Annual Assessment Amount: 360600.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Highlands
  • High School: Henry Hudson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 20, 2021
Sold by
Elsayed Rashad
Bought by
69 Fifth Street Llc
Seller's Agent
Ivone Ventura
RE/MAX Imperial
Buyer's Agent
Gina Cavallo
Imperial Realty Properties
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Current Estimated Value
$729,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,616
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Oct 30, 2000
Sold by
Shields Lisa
Bought by
Elsayed Rashad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.81%
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
69 Fifth Street Llc $450,000 First In Title
Elsayed Rashad $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elsayed Rashad $150,000
Previous Owner Elsayed Rashad $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $450,000 -6.1% $154 / Sq Ft
10/22/2021 10/22/21 For Sale $479,000 0.0% $164 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $479,000 -- $164 / 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 $8,953 $472,400 $140,800 $331,600
2023 $8,953 $446,300 $122,400 $323,900
2022 $8,946 $403,300 $94,900 $308,400
2021 $8,946 $360,600 $86,300 $274,300
2020 $8,803 $354,400 $86,300 $268,100
2019 $7,859 $278,200 $46,300 $231,900
2018 $7,843 $279,900 $71,200 $208,700
2017 $7,871 $279,900 $71,200 $208,700
2016 $7,745 $279,900 $71,200 $208,700
2015 $7,778 $278,300 $71,200 $207,100
2014 $7,670 $227,500 $95,000 $132,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130012

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00065-0000-00024-01