NOT LISTED FOR SALE

852 Burnt Tavern Rd Brick, NJ 08724

Estimated Value: $666,029 - $715,000

5 Beds
3 Baths
-- Sq Ft
0.34 Acres

Last Sold February 05, 2021

Last sale price $440,000

Est. 56% increase in value since last sale

Current estimated payment $4,257/month

30 Days on Market

Highlights

  • Air Conditioning
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of February 2021

GREAT INCOME INVESTMENT PROPERTYSIDE BY SIDE 2 FAMILY HOME. GREAT TENANT ALWAYS PAID THEIR RENT ON TIME. 1ST UNIT HAD 3BR 2BATH TENAT PAID $1800 THE LEASE END 2/21.BUT THEY WOULD LIKE TO STAY AND 2ND UNIT HAD 2BR 1BATH PAID $1325 THEY BEEN THERE FOR 8 YEARS THEY ALSO WANT TO STAY. NEW LANDLORD CAN INCREASE THE RENT A LITTLE MORE. IT'S SHOULD BE $2000 AND $1500 ' NEW FURNACE ON THE 1ST UNIT. BOTH UNITS HAD IT'S OWN UTILITY. ACCEPT WATER ONLY 1 BILL TENANT SPLIT 50/50

Last Agent to Sell the Property

Julie Choy

RE/MAX at Barnegat Bay Listed on: 11/23/2020

Last Buyer's Agent

Alysia Ireland

RE/MAX Revolution License #2081262

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,614

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 852 Units

Listing and Financial Details

  • Assessor Parcel Number 07-01262-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,614

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Year Built: 1970
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.34
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-01262-0000-00001

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6614.0
  • Tax Other Annual Assessment Amount: 284600.0

Multi Family

  • Number Of Units Total: 852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 3, 2021
Sold by
Cheng Mau Kit and Cheung Qiao Ming
Bought by
Rodriguez Sharon M and Rodriguez Christina D
Seller's Agent
Julie Choy
RE/MAX at Barnegat Bay
Buyer's Agent
Alysia Ireland
RE/MAX Revolution
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Current Estimated Value
$688,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,007
Avg. Annual Appreciation
9.93%
Original Mortgage
$327,150
Outstanding Balance
$292,346
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$395,661

Purchase Details

Closed on
Oct 18, 2006
Sold by
Bresley William and Bresley Carol
Bought by
Cheng Mau Kit and Cheung Qiao Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2005
Sold by
Farella Kim
Bought by
Bresley William and Bresley Carol
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
Rodriguez Sharon M $436,200 Trident Abstract Ttl Agcy Ll
Cheng Mau Kit $385,000 Esq Title Agency Llc
Bresley William $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Sharon M $327,150
Previous Owner Cheng Mau Kit $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $440,000 -2.2% --
12/23/2020 12/23/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $449,900 -- --
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
2025 $7,442 $284,600 $107,800 $176,800
2024 $7,075 $284,600 $107,800 $176,800
2023 $6,981 $284,600 $107,800 $176,800
2022 $6,981 $284,600 $107,800 $176,800
2021 $6,839 $284,600 $107,800 $176,800
2020 $6,745 $284,600 $107,800 $176,800
2019 $6,614 $284,600 $107,800 $176,800
2018 $6,463 $284,600 $107,800 $176,800
2017 $6,290 $284,600 $107,800 $176,800
2016 $6,244 $284,600 $107,800 $176,800
2015 $6,079 $284,600 $107,800 $176,800
2014 $6,019 $284,600 $107,800 $176,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22041465

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-01262-0000-00001