NOT LISTED FOR SALE

7502 Long Beach Blvd Long Beach Township, NJ 08008

Long Beach Island Neighborhood

Estimated Value: $1,157,638 - $1,634,000

-- Bed
2 Baths
2,022 Sq Ft
$655/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $550,000 $272 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $7,693/month

265 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Enclosed Patio or Porch
  • Bayside
  • No HOA
  • Outdoor Shower

About This Home

As of August 2016

Three unit property on a huge 60 X 130 corner lot. The main house has 3 Bedrooms, 1 Bath and there are two 1 Bedroom, 1 Bath apartments. All units are rented seasonally with the same tenants returning year after year. Owners have taken great care in setting up the property to let all tenants enjoy the fantastic back yard. There is a shared laundry room and outdoor showers. This property is located close to the beach and the bay. There is a traffic light at the corner making it easy to cross the boulevard. Rent all 3 units or keep one for yourself. There are so many possibilities! Check it out today!

Last Agent to Sell the Property

Gina Laird

RE/MAX of Long Beach Island Listed on: 09/10/2015

Co-Listed By

James Dooney

RE/MAX of Long Beach Island*

Last Buyer's Agent

Nathan Colmer

The Van Dyk Group - Long Beach Island

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 60x130
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,022 Sq Ft Home
  • Open Floorplan
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Location

  • Flood Risk
  • Bayside

Community Details

  • No Home Owners Association
  • 3 Units
  • Beach Haven Crest Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 18-00014-20-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,378

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1931
  • Remarks Public: Three unit property on a huge 60 X 130 corner lot. The main house has 3 Bedrooms, 1 Bath and there are two 1 Bedroom, 1 Bath apartments. All units are rented seasonally with the same tenants returning year after year. Owners have taken great care in setting up the property to let all tenants enjoy the fantastic back yard. There is a shared laundry room and outdoor showers. This property is located close to the beach and the bay. There is a traffic light at the corner making it easy to cross the boulevard. Rent all 3 units or keep one for yourself. There are so many possibilities! Check it out today!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring Type: Vinyl, Fully Carpeted
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2022
  • Living Area Sq Ft: 2022
  • Price Per Sq Ft: 291.30
  • Above Grade Finished Sq Ft: 2022
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7502

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Improvement Assessed Value: 81600.00
  • Land Assessed Value: 374000.00
  • Land Lease: No
  • Lot Features: Corner
  • Lot Dimensions: 60x130
  • Outdoor Living Structures: Enclosed, Porch(es)
  • Zoning: GC
  • Zoning Description: gc

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 3024550
  • Tax Annual Amount: 4378.00
  • Assessor Parcel Number: 18-00014-20-00005
  • Tax Lot: 5
  • Tax Year: 2014
  • Close Date: 08/09/2016

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Foos Courtland M and Foos Christina T
Bought by
Foos Courtland M
Current Estimated Value
$1,324,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,525
Outstanding Balance
$350,269
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$974,641

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jul 2, 2016
Sold by
Bulger Linda A and Lombardo Anthony M
Bought by
Foos Courtland M and Foos Christina T
Seller's Agent
Gina Laird
RE/MAX of Long Beach Island
Buyer's Agent
Nathan Colmer
The Van Dyk Group - Long Beach Island
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$412,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Bulger Linda A
Bought by
Bulger Linda A and Lombardo Anthony M

Purchase Details

Closed on
Feb 15, 2005
Sold by
Bulger Linda A and Lombardo Anthony
Bought by
Bulger Linda A

Purchase Details

Closed on
Jan 19, 2001
Sold by
Tagland Richard
Bought by
Bulger Linda and Lombardo Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,800
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1998
Sold by
Williams William G
Bought by
Tagland Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

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 Buyer Sale Price Title Company
Foos Courtland M -- Global Title Inc
Foos Courtland M $550,000 University Title
Bulger Linda A -- None Available
Bulger Linda A -- --
Bulger Linda $243,500 --
Bulger Linda $243,500 --
Tagland Richard T $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foos Courtland M $394,525
Closed Foos Courtland M $394,525
Closed Foos Courtland M $412,500
Previous Owner Bulger Linda $194,800
Previous Owner Tagland Richard T $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $550,000 -6.6% $272 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $589,000 -- $291 / 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
2024 $5,683 $640,700 $480,000 $160,700
2023 $5,331 $640,700 $480,000 $160,700
2022 $5,331 $640,700 $480,000 $160,700
2021 $5,164 $640,700 $480,000 $160,700
2020 $4,669 $469,700 $374,000 $95,700
2019 $4,711 $469,700 $374,000 $95,700
2018 $4,570 $469,700 $374,000 $95,700
2017 $4,594 $469,700 $374,000 $95,700
2016 $4,492 $455,600 $374,000 $81,600
2015 $4,488 $455,600 $374,000 $81,600
2014 $4,378 $455,600 $374,000 $81,600
Source: Public Records

Agents Affiliated with this Home

  • Gina Laird

    Seller's Agent in 2016

    Gina Laird

    RE/MAX

    (609) 638-0153

    55 in this area

    93 Total Sales

    Gina Laird
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    James Dooney

    RE/MAX of Long Beach Island*

  • Nathan Colmer

    Buyer's Agent in 2016

    Nathan Colmer

    The Van Dyk Group - Long Beach Island

    (609) 789-0707

    129 in this area

    135 Total Sales

    Nathan Colmer
    Section Image
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Map

Source: Bright MLS

MLS Number: NJOC192784

Bright MLS

APN: 18-00014-20-00005

New Jersey Ocean County Long Beach Township 08008 Long Beach Island

7502 Long Beach Blvd, Long Beach Township, NJ

This home is located at 7502 Long Beach Blvd, Long Beach Township, NJ 08008 since 10 September 2015 and is currently estimated at $1,324,910, approximately $655 per square foot. This property was built in 1931. 7502 Long Beach Blvd is a home located in Ocean County with nearby schools including Ethel A. Jacobsen Elementary School, Long Beach Island Grade School, and Southern Regional Middle School.

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