NOT LISTED FOR SALE

Estimated Value: $1,183,000 - $1,464,000

-- Bed
2 Baths
2,346 Sq Ft
$547/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $815,000 $347 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,592/month

8 Days on Market

Highlights

  • Bayside
  • Private Lot
  • More Than Two Accessible Exits
  • Coastal Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2021

Rare opportunity with this legal Ship Bottom Duplex boasting a massive master bedroom, dream kitchen and many one-of-a-kind custom accents. Live that "beach life-style" in one unit and rent the other to offset costs or easily convert to a single family home with existing interior staircase. Prepare to entertain the troops in the spacious eat-in kitchen and it's commercial grade 8 burner Viking stove and double oven. Be sure to save room for sunset after-dinner drinks in the hut tub or on the roof top deck.
Don't forget about the prime location- 1 block to the bay, 3 blocks to the ocean, close to the bridge and a short walking/biking distance to bars, restaurants, shopping, parks, bay beach and boat ramp.
Recent updates include vinyl sidings, replacement vinyl windows, 2 high-effeciency furnaces and on-demand hot water heaters for each unit. Approval and plans for third floor addition on file with town.

Last Agent to Sell the Property

Brian Coen

deSatnick Real Estate, LLC Listed on: 06/10/2021

Last Buyer's Agent

Rudolph Geurds

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1950

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 60.00
  • Private Lot

Parking

  • Driveway

Home Design

  • 2,346 Sq Ft Home
  • Duplex
  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof

Schools

  • Long Beach Island Grade Elementary School
  • Southern Regional Middle School
  • Southern Regional High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • Bayside

Community Details

  • No Home Owners Association
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 29-00110-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,761

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Coastal, Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Hot tub (as is) Washer /dryer window furnishings Stove, Refrigerato, Microwave, Dishwasher Partially furnished (see list)
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity with this legal Ship Bottom Duplex boasting a massive master bedroom, dream kitchen and many one-of-a-kind custom accents. Live that "beach life-style" in one unit and rent the other to offset costs or easily convert to a single family home with existing interior staircase. Prepare to entertain the troops in the spacious eat-in kitchen and it's commercial grade 8 burner Viking stove and double oven. Be sure to save room for sunset after-dinner drinks in the hut tub or on the roof top deck. Don't forget about the prime location- 1 block to the bay, 3 blocks to the ocean, close to the bridge and a short walking/biking distance to bars, restaurants, shopping, parks, bay beach and boat ramp. Recent updates include vinyl sidings, replacement vinyl windows, 2 high-effeciency furnaces and on-demand hot water heaters for each unit. Approval and plans for third floor addition on file with town.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2346
  • Living Area Sq Ft: 2346
  • Price Per Sq Ft: 347.40
  • Above Grade Finished Sq Ft: 2346
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • Middle School: SOUTHERN REGIONAL M.S.
  • High School: SOUTHERN REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396369
  • School District Source: Listing Agent
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL
  • High School: SOUTHERN REGIONAL H.S.
  • Middle Or Junior School: SOUTHERN REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 230900.00
  • Land Assessed Value: 219500.00
  • Lot Features: Private
  • Lot Size Acres: 0.07
  • Lot Dimensions: 50.00 x 60.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3077044
  • Tax Annual Amount: 4761.00
  • Assessor Parcel Number: 29-00110-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 2346
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 5, 2021
Sold by
Mehl William F and Fuss Joshua R
Bought by
701A Barnegat Llc
Seller's Agent
Brian Coen
deSatnick Real Estate, LLC
Buyer's Agent
Rudolph Geurds
Keller Williams Premier
List Price
$815,000
Sold Price
$815,000
Current Estimated Value
$1,305,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,047
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Aug 17, 2007
Sold by
Dougherty Frank C
Bought by
Mehl William F and Fuss Joshua R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
6.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 1994
Sold by
Loesch Garrett Kelly
Bought by
Kemether Robert C and Kemether Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.29%
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
701A Barnegat Llc $815,000 Empire Ttl & Abstract Agcy L
Mehl William F $517,500 None Available
Kemether Robert C $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehl William F $417,000
Previous Owner Fuss Joshua R $407,000
Previous Owner Mehl William F $14,500
Previous Owner Mehl William F $50,000
Previous Owner Mehl William F $414,000
Previous Owner Dougherty Frank C $150,000
Previous Owner Kemether Robert C $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $815,000 0.0% $347 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $815,000 -- $347 / Sq Ft
Source: Bright MLS

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 $5,346 $465,300 $231,100 $234,200
2023 $4,928 $465,300 $231,100 $234,200
2022 $4,928 $465,300 $231,100 $234,200
2021 $4,747 $450,400 $219,500 $230,900
2020 $4,761 $450,400 $219,500 $230,900
2019 $4,765 $450,400 $219,500 $230,900
2018 $4,774 $450,400 $219,500 $230,900
2017 $4,463 $450,400 $219,500 $230,900
2016 $4,555 $411,500 $195,500 $216,000
2015 $4,444 $411,500 $195,500 $216,000
2014 $4,440 $379,100 $195,500 $183,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC410652

Bright MLS

APN: 29-00110-0000-00003