NOT LISTED FOR SALE

819 12th Ave Belmar, NJ 07719

Estimated Value: $682,000 - $1,023,000

3 Beds
2 Baths
2,094 Sq Ft
$439/Sq Ft Est. Value

Last Sold May 20, 2013

Last sale price $375,000 $179 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $5,637/month

20 Days on Market

Highlights

  • River View
  • Wood Flooring
  • 3 Car Attached Garage
  • Deck
  • Screened Porch
  • 4-minute walk to Three Acre Park

About This Home

As of May 2013

Have you been waiting for the right investment property to come along? Would you like to be less than 2 blocks from the train station and Main Street, and have Marina and Shark River Views? Then this is the place for you! Large 3 family property with 2 separate buildings, 2 units in the front; a HUGE first floor 1 bedroom, 1.5 bath apartment with full basement and rear patio, 1 bedroom 2nd floor unit with attic and 3 bedroom rear house w/attached garage and private rear deck. No Sandy damage

Last Agent to Sell the Property

Eugenia Torres

Coldwell Banker Realty Listed on: 02/22/2013

Last Buyer's Agent

Kenneth Walker

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,789

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 175

Home Design

  • Triplex

Interior Spaces

  • Screened Porch
  • River Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 3 Car Attached Garage
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Belmar Elementary School
  • Manasquan High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water, water, snow removal, heat, gas, electricity
  • The owner pays for yard maintenance, water, sewer, electricity
  • Assessor Parcel Number 00127000200003

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $2,355
  • Fuel Expense $91
  • Insurance Expense $2,222
  • Water Sewer Expense $2,300
  • Gross Income $42,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,789

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Ceramic Tile
  • Year Built: 1940
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 X 175
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • ExteriorDeck: Yes
  • Exterior Porch - Screened: Yes
  • Cooling Multi Units: Yes
  • Water Type Riverview: Yes
  • General Property Info # Parking Spaces: 3.0
  • Income Expenses Electric Expense: 2355.0
  • Income Expenses Insurance Expense: 2222.0
  • Income Expenses WaterSewer Expense: 2300.0
  • Income Expenses Gross Income2: 42000.0
  • Income Expenses Net Income: 28000.0
  • Income Expenses Gas Expense: 91.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Waterfront Features: Riverview
  • Waterfront: No
  • Exterior Features: Deck, Patio, Porch - Screened

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Common, Off Street, On Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 2300.0

Lot Info

  • Lot Dimensions: 50 X 175
  • Parcel #: 00127000200003
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Water, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Sewer, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6789.0
  • Tax Other Annual Assessment Amount: 357300.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 2355.0
  • Annual Gross Income: 42000.0
  • Insurance Expense: 2222.0

MLS Schools

  • Elementary School: Belmar
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
May 20, 2013
Sold by
Stad Leonard Van Der and Stad Alyce Van Der
Bought by
Polnyj Andrew G
Seller's Agent
Eugenia Torres
Coldwell Banker Realty
Buyer's Agent
Kenneth Walker
Gloria Nilson & Co. Real Estate
Sold Price
$375,000
Current Estimated Value
$920,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,076
Avg. Annual Appreciation
7.20%
Original Mortgage
$362,484
Interest Rate
3.25%
Mortgage Type
FHA
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
Polnyj Andrew G $375,000 Red Bank Title Agency Incq
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polnyj Andrew G $264,734
Closed Polnyj Andrew G $362,484
Previous Owner Vander Stad Leonard $30,000
Previous Owner Vander Stad Leonard $25,000
Previous Owner Vander Stad Leonard $125,000
Previous Owner Vander Stad Leonard $50,000
Previous Owner Vander Stad Leonard $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2013 05/20/13 Sold $375,000 -- $179 / 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 $7,487 $532,500 $285,000 $247,500
2023 $7,487 $532,500 $285,000 $247,500
2022 $7,226 $532,500 $285,000 $247,500
2021 $7,226 $532,500 $285,000 $247,500
2020 $7,162 $532,500 $285,000 $247,500
2019 $7,162 $532,500 $285,000 $247,500
2018 $6,576 $532,500 $285,000 $247,500
2017 $6,417 $532,500 $285,000 $247,500
2016 $6,255 $327,300 $72,500 $254,800
2015 $6,377 $332,300 $77,500 $254,800
2014 $6,914 $357,300 $102,500 $254,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21234411

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00127-02-00003