NOT LISTED FOR SALE

9 Beacon Terrace Keansburg, NJ 07734

Estimated Value: $460,000 - $552,000

6 Beds
2 Baths
1,848 Sq Ft
$280/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $405,000 $219 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,495/month

17 Days on Market

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • 5-minute walk to Forest Park

About This Home

As of June 2021

INVESTORS COME SEE! 2 Family Property. 3 Bedrooms/1 Bath in each unit. Tenant occupied. Located on a quiet street, no thru traffic. Walking distance to mass transit and sandy beaches. Generates great rental income! Transferable Home Owners Warranty.

Last Agent to Sell the Property

Annette Fontanella-Badea

Keller Williams Realty West Monmouth License #1974651 Listed on: 04/23/2021

Keller Williams Realty West Monmouth

Last Buyer's Agent

Jason Garrett

EXIT Realty East Coast Shirvanian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 1968

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Electric Baseboard Heater
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal property, refrigerators, washer and dryer, a/c units
  • Tenant pays for heat, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 23-00150-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,559

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate
  • Year Built: 1968
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Tenants personal property, refrigerators, washer and dryer, a/c units

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-00150-0000-00007
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8559.0
  • Tax Other Annual Assessment Amount: 219300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2024
Sold by
Prone Guy
Bought by
9 Beacon Terrace Llc
Current Estimated Value
$516,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$337,976
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$178,748

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 21, 2021
Sold by
Mrt Rental Properties Llc
Bought by
Paone Guy
Seller's Agent
Annette Fontanella-Badea
Keller Williams Realty West Monmouth
Buyer's Agent
Jason Garrett
EXIT Realty East Coast Shirvanian
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$279,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2020
Closed on
Oct 5, 2020
Sold by
Aaj Systems Llc
Bought by
Mrt Rental Properties
Seller's Agent
Vincent Alu
Lighthouse Realty of NJ, LLC
Buyer's Agent
John Meeker
Prudential New Jersey Properties
List Price
$339,900
Sold Price
$329,000
Premium/Discount to List
-$10,900
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.59%
Original Mortgage
$246,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 24, 2020
Sold by
Gallagher Hugh
Bought by
Aaj Systems Llc
Seller's Agent
Vincent Alu
Lighthouse Realty of NJ, LLC
Buyer's Agent
Vincent Alu
Lighthouse Realty of NJ, LLC
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
337.61%

Purchase Details

Closed on
Jan 7, 2020
Sold by
Heuer Raymond
Bought by
Gallagher Hugh

Purchase Details

Closed on
Mar 22, 2012
Sold by
Heuer Raymond and Estate Of Gloria Heuer
Bought by
Heuer Raymond

Purchase Details

Closed on
Feb 5, 2001
Sold by
Pollina Andy
Bought by
Heuers Gloria

Purchase Details

Closed on
Jun 9, 1994
Sold by
Cruz Luis
Bought by
Pollina Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.54%
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
9 Beacon Terrace Llc $430,000 Old Republic Title
Paone Guy $405,000 Acres Land Title Agency Inc
Paone Guy $405,000 Land Title
Mrt Rental Properties $329,000 Trident Abstract Title
Aaj Systems Llc $185,000 All Ahead Title Agency
Gallagher Hugh $105,000 Clear Skies Title Agency
Heuer Raymond -- Coastal Title Agency Inc
Heuers Gloria $150,000 --
Pollina Anthony $86,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9 Beacon Terrace Llc $344,000
Previous Owner Paone Guy $279,000
Previous Owner Mrt Rental Properties $246,750
Previous Owner Pollina Anthony $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $405,000 +1.3% $219 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $400,000 +21.6% $216 / Sq Ft
11/13/2020 11/13/20 Sold $329,000 -3.2% $178 / Sq Ft View Prior Sale
10/28/2020 10/28/20 Price Changed $339,900 0.0% $184 / Sq Ft
10/28/2020 10/28/20 For Sale $339,900 +3.0% $184 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $329,900 +78.3% $179 / Sq Ft
06/24/2020 06/24/20 Sold $185,000 -9.8% $100 / Sq Ft View Prior Sale
06/18/2020 06/18/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $205,000 0.0% $111 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $205,000 -- $111 / 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
2025 $9,414 $438,300 $207,300 $231,000
2024 $9,896 $427,900 $178,800 $249,100
2023 $9,896 $382,100 $142,200 $239,900
2022 $7,364 $361,200 $127,800 $233,400
2021 $8,787 $239,400 $97,500 $141,900
2020 $8,787 $219,300 $51,800 $167,500
2019 $8,559 $216,200 $49,800 $166,400
2018 $8,314 $212,700 $49,800 $162,900
2017 $8,076 $212,800 $48,800 $164,000
2016 $8,218 $225,400 $43,800 $181,600
2015 $7,906 $225,700 $48,800 $176,900
2014 $7,514 $220,800 $63,800 $157,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22112235

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00150-0000-00007