$505,000
SOLD OCT 16, 2018

703 Bayview Ave Unit 705 Union Beach, NJ 07735

6 Beds
4 Baths
3,600 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

84 Days on Market

Highlights

  • Newly Remodeled
  • Zoned Heating and Cooling System
  • 1-Story Property
  • Wood Flooring
  • 2 Car Garage

About This Home

As of October 2018

New construction Duplex each side consists of 3 bedrooms, kitchen, living room, dining room, 1 1/2 bath and a over sized garage. This home was built with all high end finishes including granite counter tops, cabinets with soft close doors, hardwood flooring, marble and porcelain tile. This home is located in a very desirable location. It is close to all major transportation and just minutes from the ferry that travels to and from New York City. It is also just a few blocks to the water front which is ideal for swimming, fishing and all types of water activities.

Last Agent to Sell the Property

Mary Etta Gregory

VRI Homes Brokerage Phone: 800-531-2885 License #1221350 Listed on: 07/17/2018

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,208

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50 x 100

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Basement Storage

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Memorial Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 50-00210-0000-00021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,208

Year Built

Built in 1930 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 800-531-2885
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: Yes
  • Year Built: 1930
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Basement Tenant Storage: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Other, Tenant Storage
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 50-00210-0000-00021

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Schmidt William T and Schmidt Nina B
Bought by
Severino David K and Cimasko Lindsay K
Current Estimated Value
$619,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,313
Outstanding Balance
$530,173
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$83,556

Purchase Details

Closed on
Sep 16, 2019
Sold by
Schmidt William and Schmidt Nina
Bought by
Schmidt William T and Schmidt Nina B

Purchase Details

Listed on
Jul 17, 2018
Closed on
Oct 10, 2018
Sold by
Dacosta John Joseph
Bought by
Schmidt William and Schmidt Nina
Seller's Agent
Mary Etta Gregory
VRI Homes
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$375,000
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $590,000 Acres Land Title Agency Inc
Deed $590,000 Land Title
Interfamily Deed Transfer -- None Available
Deed $500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $579,313 FHA
Closed $579,313 FHA
Previous Owner $375,000 New Conventional
Previous Owner $191,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2019 01/01/19 Rented $2,200 0.0% --
10/16/2018 10/16/18 Sold $505,000 -- $140 / 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 $13,208 $607,800 $180,300 $427,500
2023 $13,208 $617,200 $156,800 $460,400
2022 $13,647 $619,900 $125,400 $494,500
2021 $13,272 $555,900 $114,000 $441,900
2020 $13,272 $527,500 $110,000 $417,500
2019 $12,490 $484,300 $85,000 $399,300
2018 $2,914 $108,600 $80,000 $28,600
2017 $2,487 $89,100 $75,000 $14,100
2016 $2,477 $88,800 $74,500 $14,300
2015 $2,427 $88,600 $75,000 $13,600
2014 $2,585 $77,800 $77,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21828309

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 50-00210-0000-00021