Seller's Agent in 2023
Meredith Exum
RE/MAX
(843) 251-8366
163 Total Sales
703 Florence Ave Union Beach, NJ 07735
5
Beds
2
Baths
2,211
Sq Ft
3,049
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Baseboard Heating
- 5-minute walk to Scholer Park
- Forced Air Zoned Heating System
- 1-Story Property
About This Home
As of December 2022GREAT INVESTMENT OPPORTUNITY for its newest owner!! This spacious house offers 5 bedrooms and 2 full baths. The Front Unit consists of a large open floor plan with 3 bedrooms, a full bath and a partially finished walk-up attic. The Rear Unit features 2 bedrooms and a full bath. Both units come complete with washer/dryer hookups and newly installed Rheem hot water heaters. Each has a separate entrance, along with a large shared backyard. Great location. Just blocks to the beautiful waterfront and beaches. Minutes away from major roadways (including GSP), transportation (train/ferry/bus), dining, shopping. Come check out all this investment property has to offer before this opportunity is gone!!
Last Agent to Sell the Property
Keller Williams Realty West Monmouth License #2188617 Listed on: 10/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,341
Year Built
- Built in 1892
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 35 x 92
Home Design
- Duplex
Interior Spaces
- 2,211 Sq Ft Home
- 1-Story Property
- Partial Basement
- Walkup Attic
- Stove
- Washer and Dryer Hookup
Flooring
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Memorial Middle School
Utilities
- Forced Air Zoned Heating System
- Heating System Uses Natural Gas
- Furnace
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Personal Belongings
- Assessor Parcel Number 50-00048-0000-00004-01
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
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
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $365,000 | First American Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | Balloon | |
| Previous Owner | $423,922 | VA |
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
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
-
Meredith Exum
-
Kim Mathews
K
Seller's Agent in 2022
Kim Mathews
Keller Williams Realty West Monmouth
(908) 489-3082
2 in this area
11 Total Sales
-
Claire Conteduca
C
Buyer's Agent in 2022
Claire Conteduca
Keller Williams Realty West Monmouth
(732) 536-9010
1 in this area
3 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22232698
APN: 50-00048-0000-00004-01
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