$910,000
SOLD JUL 31, 2024
6 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Recently Sold

9% Below List Price

51 Days on Market

Highlights

  • Patio
  • Storm Doors
  • Level Lot
  • Forced Air Heating and Cooling System
  • Fenced
  • 3-minute walk to Lake Avenue Playground and Beach

About This Home

As of July 2024

Less than two blocks from one of the Jersey Shore's most sought after beaches, this income producing 4-family home is ready for it's newest owner! Comprised of two separate buildings, this is the perfect opportunity for a savvy investor or someone who would like rental income along with a beach getaway! The front home includes two units that are 1 bedroom, 1 bathroom each, while the two story, back house includes two units that are 2 bedrooms 1 bathroom each. All units are move-in ready, have been well maintained and have strong rental history! Factor in off-street parking for mutliple vehicles, yard space, 2 outdoor showers, newer HVAC and a new roof on each building and it is easy to see why this opportunity will not last. Come check out this turn-key property today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 04/02/2024

RE/MAX Gateway

Co-Listed By

Robert Kosinski

RE/MAX Gateway License #1643938

Last Buyer's Agent

Kathleen Zack

Compass New Jersey , LLC License #1974070

Compass New Jersey , LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,757

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 37 x 80
  • Fenced
  • Level Lot

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 28-00069-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,757

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Fenced Area, Level
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Subdivision Name: None
  • Reso Interior Features: Attic - Pull Down Strs
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 37 x 80
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Waterfront: No
  • Exterior Features: Fence, Patio, Storm Door(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Paved2: Yes

Utilities

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

Lot Info

  • Lot Dimensions: 37 x 80
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-00069-0000-00003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7757.0
  • Tax Other Annual Assessment Amount: 499800.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jul 9, 2024
Sold by
74 O Street Ssp Llc
Bought by
Jgci Sp
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Kathleen Zack
Compass New Jersey , LLC
List Price
$995,000
Sold Price
$910,000
Premium/Discount to List
-$85,000
-8.54%
Total Days on Market
51
Views
75
Current Estimated Value
$941,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,190
Avg. Annual Appreciation
3.90%
Original Mortgage
$728,000
Outstanding Balance
$721,814
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$219,376

Purchase Details

Closed on
Jan 24, 2022
Sold by
Nick Marco
Bought by
74 O Street Ssp Llc

Purchase Details

Listed on
Nov 4, 2017
Closed on
Nov 20, 2017
Sold by
74 O Street Llc
Bought by
Marco Nick
Seller's Agent
Danielle L Gatanis
Crossroads Realty Inc. -Pt. Pleasant Beach
Buyer's Agent
Danielle L Gatanis
Crossroads Realty Inc. -Pt. Pleasant Beach
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Feb 19, 2004
Sold by
Buckley Michael and Holland Gregory
Bought by
74 O Street Llc

Purchase Details

Closed on
Nov 10, 1999
Sold by
Gesumaria Luciano
Bought by
Roth William and Roth Jack E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,650
Interest Rate
8%
Mortgage Type
Stand Alone First
Source: Public Records

Similar Home in Seaside Park, NJ

  • 1614 N Bayview Ave Unit 18, Seaside Park, NJ 08752

    $875,000

    • 8 Beds
    • 4 Baths
    • 1614 N Bayview Ave
    • Unit 18
    • Seaside Park, NJ

    Savvy Builders and investors will find long returns with this unique lot in Seaside Park. One of NJ's most iconic towns offers you a chance to build something you can enjoy financially while building memories. Use the current 4 family (2 structures) setup to collect rent until your plans are ready to achieve this lot's highest and best use. Each offers 2 beds and one bath totalling 8 beds and

    John Meechan The Gallery Residential Brokerage

    Section Image

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 Type Sale Price Title Company
Deed $910,000 Main Street Title
Quit Claim Deed -- Land Title
Deed $420,000 --
Bargain Sale Deed -- Chicago Title Insurance Co
Deed $128,500 Ocean Title Service Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $728,000 New Conventional
Previous Owner $115,650 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $910,000 -4.2% --
05/23/2024 05/23/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $950,000 -4.5% --
04/02/2024 04/02/24 For Sale $995,000 0.0% --
03/02/2020 03/02/20 Rented $2,500 +150.0% --
02/16/2020 02/16/20 Under Contract -- -- --
01/31/2020 01/31/20 For Rent $1,000 0.0% --
11/22/2017 11/22/17 Sold $420,000 -- --
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 $8,085 $502,500 $354,200 $148,300
2023 $7,757 $502,500 $354,200 $148,300
2022 $7,757 $499,800 $354,200 $145,600
2021 $7,592 $499,800 $354,200 $145,600
2020 $7,512 $499,800 $354,200 $145,600
2019 $7,432 $499,800 $354,200 $145,600
2018 $6,947 $499,800 $354,200 $145,600
2017 $7,052 $499,800 $354,200 $145,600
2016 $6,557 $499,800 $354,200 $145,600
2015 $6,842 $499,800 $354,200 $145,600
2014 $6,537 $499,800 $354,200 $145,600
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22408891

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00069-0000-00003