NOT LISTED FOR SALE

703 Florence Ave Union Beach, NJ 07735

Estimated Value: $494,000 - $516,051

3 Beds
1 Bath
1,731 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $365,000 $211 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,367/month

Highlights

  • Custom Home
  • No HOA
  • Air Conditioning
  • New Kitchen
  • Porch
  • 5-minute walk to Scholer Park

About This Home

As of June 2023

WELCOME TO UNION BEACH!! This spacious 1,200 square foot- 3 bedroom, 1 full bathroom front unit apartment is within a 2-family home. This unit has been completely renovated and includes brand new Frigidaire kitchen appliances, washer and dryer, and beautiful floors throughout. The rear unit is owner occupied. Located just SIX BLOCKS from the beach, this home is sure to knock your socks off! 1 ON SITE parking spot available. (Off site parking available as well.) No pets allowed! Give us a call today for your PRIVATE showing!

Last Agent to Rent the Property

Meredith Exum

New Era Real Estate License #0893425 Listed on: 04/21/2023

New Era Real Estate

Last Renter's Agent

Meredith Exum

New Era Real Estate License #0893425 Listed on: 04/21/2023

New Era Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,991

Year Built

  • 1892

Lot Details

  • 3,223

Home Design

  • Duplex
  • Custom Home

Interior Spaces

  • 1-Story Property
  • Linoleum Flooring

Kitchen

  • New Kitchen
  • <<selfCleaningOvenToken>>
  • Gas Cooktop
  • Stove
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Schools

  • Memorial Middle School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include water, sewer
  • 2 Units

Listing and Financial Details

  • Security Deposit $3,900
  • Assessor Parcel Number 50-00048-0000-00004-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,991

Year Built

1892

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Reso Association Fee Includes: Water, Sewer
  • Inclusions: Washer, Stove, Self/Con Clean, Microwave, Refrigerator, Dishwasher, Dryer, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Memorial
  • Kitchen Newer: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included SelfCon Clean: Yes
  • Maintenance Fees Security Deposit3: 3900.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Special Features: None
  • Year Built: 1892

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Appliances Included:Freezer: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Parcel #: 50-00048-0000-00004-01

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 27, 2022
Sold by
Santos Manuel P and Santos Noemia
Bought by
Arcabascio Nicholas
Seller's Agent
Kim Mathews
Keller Williams Realty West Monmouth
Buyer's Agent
Claire Conteduca
Keller Williams Realty West Monmouth
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Views
21
Current Estimated Value
$504,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,263
Avg. Annual Appreciation
13.51%
Original Mortgage
$346,750
Outstanding Balance
$337,376
Interest Rate
6.33%
Mortgage Type
Balloon
Estimated Equity
$166,887

Purchase Details

Closed on
Jul 18, 1984
Bought by
Santos Manuel P and Santos Noemia
Source: Public Records

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
Arcabascio Nicholas $365,000 First American Title
Santos Manuel P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcabascio Nicholas $346,750
Previous Owner Bodnar Michael F $423,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Rented $31,200 +1100.0% --
04/21/2023 04/21/23 For Rent $2,600 0.0% --
04/04/2023 04/04/23 Off Market $2,600 -- --
03/25/2023 03/25/23 For Rent $2,600 0.0% --
12/29/2022 12/29/22 Sold $365,000 -3.9% $165 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $379,900 0.0% $172 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $379,900 -- $172 / 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 $6,991 $377,100 $142,700 $234,400
2023 $6,991 $326,700 $124,000 $202,700
2022 $6,341 $283,300 $99,200 $184,100
2021 $6,341 $258,300 $90,200 $168,100
2020 $6,142 $244,100 $86,900 $157,200
2019 $6,001 $232,700 $82,800 $149,900
2018 $5,699 $212,400 $67,000 $145,400
2017 $5,878 $210,600 $67,000 $143,600
2016 $6,139 $220,100 $62,500 $157,600
2015 $5,957 $217,500 $67,000 $150,500
2014 $4,382 $131,900 $73,700 $58,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22307946

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 50-00048-0000-00004-01