$565,800
SOLD MAR 7, 2025

702 Lagoon Blvd Brigantine, NJ 08203

-- Bed
-- Bath
2,160 Sq Ft
5,998 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

19% Below List Price

108 Days on Market

Highlights

  • Traditional Floor Plan
  • Bathtub with Shower
  • Ceiling Fan
  • Attic
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of March 2025

Here is a great opportunity to buy a duplex down the shore! Perfect for someone who wants to live in one side and rent the other, or rent out both sides to expand your portfolio. This duplex features two units, Side A and Side B, each offering 2 bedrooms and 2 1/2 baths. Both units mirror each other, providing a cohesive and balanced layout. On the first floor, you'll find a spacious living room, a dining room with sliders leading to the backyard, a kitchen, and a half bath, perfect for entertaining or family living. The second floor of each unit boasts one large bedroom with sliders opening to a deck, another large bedroom with a full bath, and an additional full bath in the hall. These features ensure comfort and convenience for residents, making it an attractive rental property. Side B is currently vacant and available for showings, providing an immediate opportunity for potential buyers to view the property. Side A is tenant-occupied with a lease through May 2025, offering a steady income stream for investors. The property is being sold in AS IS condition, and the buyer will be responsible for all certificates and documents required for closing. This sale is subject to tenant's rights, ensuring that current lease agreements are honored. Don't miss out on this fantastic investment opportunity!

Last Agent to Sell the Property

Darlene Bacon

(609) 287-4728 darlene.bacon@foxroach.com BHHS Fox & Roach-Vineland License #1752934 Listed on: 07/16/2024

BHHS Fox & Roach-Vineland

Last Buyer's Agent

Jill Santandrea

(856) 207-0018 Jill@exitrealtydefined.com EXIT Realty Defined License #1327694

EXIT Realty Defined

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,044

Year Built

  • Built in 1985

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00

Home Design

  • Duplex
  • Side-by-Side
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Traditional Floor Plan
  • Ceiling Fan
  • Dining Area
  • Carpet
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Utilities

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

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 03-04605-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,044

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal property
  • Inclusions: Refrigerator
  • New Construction: No
  • Expected On Market: 2024-07-24
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Primary Bath(s), Bathroom - Tub Shower
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Price Per Sq Ft: 300.93
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5998.00
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6044.00
  • Assessor Parcel Number: 03-04605-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: BRIGANTINE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Assured Property Solutions Llc
Bought by
702 Lagoon Boulevard Condominium
Current Estimated Value
$597,124

Purchase Details

Listed on
Jul 16, 2024
Closed on
Mar 7, 2025
Sold by
Forcinito Peter J and Forcini Madeline
Bought by
Assured Property Solutions Llc
Seller's Agent
Darlene Bacon
BHHS Fox & Roach-Vineland
Buyer's Agent
Jill Santandrea
EXIT Realty Defined
List Price
$699,000
Sold Price
$565,800
Premium/Discount to List
-$133,200
-19.06%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Oct 8, 2003
Sold by
Forcinito Peter J and Forcinito Madeline E
Bought by
Forcinito Peter J and Forcinito Madeline E

Purchase Details

Closed on
Feb 24, 1999
Sold by
Ferrara Louis B and Ferrara Judith
Bought by
Forcinito Peter J and Forcinito Madeline E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Master Deed -- None Listed On Document
Deed $565,800 Fidelity National Title
Interfamily Deed Transfer -- --
Deed $115,000 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $565,800 -13.0% $262 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $650,000 -7.0% $301 / Sq Ft
07/16/2024 07/16/24 For Sale $699,000 -- $324 / 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
2025 $6,149 $327,100 $213,000 $114,100
2024 $6,149 $327,100 $213,000 $114,100
2023 $5,682 $327,100 $213,000 $114,100
2022 $5,682 $327,100 $213,000 $114,100
2021 $5,580 $327,100 $213,000 $114,100
2020 $5,521 $327,100 $213,000 $114,100
2019 $5,571 $327,100 $213,000 $114,100
2018 $5,682 $327,100 $213,000 $114,100
2017 $5,773 $327,100 $213,000 $114,100
2016 $5,770 $327,100 $213,000 $114,100
2015 $5,799 $327,100 $213,000 $114,100
2014 $5,584 $327,100 $213,000 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2013086

Bright MLS

APN: 03-04605-0000-00013