NOT LISTED FOR SALE

89 Route 50 Ocean View, NJ 08230

Estimated Value: $423,433 - $567,000

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Last Sold July 29, 2016

Last sale price $250,000

Est. 96% increase in value since last sale

Current estimated payment $3,194/month

8 Days on Market

Highlights

  • Wooded Lot
  • Eat-In Kitchen
  • Shed
  • Porch
  • Living Room
  • Ceiling Fan

About This Home

As of July 2016

Incredible investment opportunity! 100 Percent occupancy side by side duplex. Each unit offers 3 bedrooms, 1 bath, upgraded kitchen with washer and dryer hook-ups, new flooring in each unit, new baseboard heat and new doors. Each unit has 3 or more parking spots and enough parking for 3 or more cars and own shed.

Last Listed By

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 05/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,669

Year Built

  • 1975

Lot Details

  • Lot Dimensions are 157 x 251
  • Wooded Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher

Parking

  • 3 Parking Spaces
  • Stone Driveway

Outdoor Features

  • Shed
  • Porch

Utilities

  • Baseboard Heating
  • Separate Meters
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,669

Year Built

1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 05/13/2016
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1975

Interior Features

  • Appliances: Dishwasher, Refrigerator, Self Cleaning Oven
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Living Room

Exterior Features

  • Outside Features: Porch, Shed
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Stone
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Baseboard, Electric
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Location: Wooded Lot
  • Lot Dimensions: 157 x 251

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 29, 2016
Sold by
Goodman James and Goodman Joanne
Bought by
Breunig Veronica
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
TALITA FAGERSTROM
Soleil Sotheby's International Realty - A
List Price
$250,000
Sold Price
$250,000
Total Days on Market
8
Current Estimated Value
$490,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,858
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Oct 19, 1992
Sold by
Jersey Property Associates
Bought by
Goodman James and Goodman Joanne S

Range of Values:

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Average Value
Not Available
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
Breunig Veronica $250,000 --
Goodman James $135,000 --
Goodman James $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $250,000 0.0% --
05/21/2016 05/21/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $250,000 -- --
Source: South Jersey Shore Regional 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 $5,669 $247,000 $106,000 $141,000
2023 $5,390 $247,000 $106,000 $141,000
2022 $5,209 $247,000 $106,000 $141,000
2021 $3,722 $247,000 $106,000 $141,000
2020 $4,836 $247,000 $106,000 $141,000
2019 $4,720 $247,000 $106,000 $141,000
2018 $4,599 $247,000 $106,000 $141,000
2017 $4,547 $247,000 $106,000 $141,000
2016 $3,445 $184,200 $106,000 $78,200
2015 $3,354 $184,200 $106,000 $78,200
2014 $4,002 $269,100 $175,700 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 467976

South Jersey Shore Regional MLS

APN: 11-00551-0000-00007