NOT LISTED FOR SALE

905 16th Ave Belmar, NJ 07719

Estimated Value: $762,000 - $784,456

5 Beds
3 Baths
1,972 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2023

Last sale price $605,000 $307 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,661 / mo

185 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 3-minute walk to Dempsey Park

About This Home

As of May 2023

These two single-owner homes sit on a large lot in this hot Belmar neighborhood. It's ready for the next owners to bring it into the 21st century. Lots of parking on this nice sized property (46 x166) Tenant occupied with month to month leases and being sold as-is. Separately metered. Limited showing times.

Last Agent to Sell the Property

Richard Schlossbach

C21/ Schlossbach Realty License #2185657 Listed on: 10/31/2022

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 46 x 166

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1,972 Sq Ft Home
  • Partial Basement
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Schools

  • Belmar Elementary And Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Furnace
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Insurance Expense $1,900

Listing and Financial Details

  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 07-00168-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,230

Year Built

Built in 1920

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • Contract Info List PriceSqFt: 329.61
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 46 x 166
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • Siding Stucco - Cement: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Water Heater: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 1900.0
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Aluminum Siding, Stucco
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 46 x 166
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00168-0000-00003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5230.0
  • Tax Other Annual Assessment Amount: 385400.0

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1900.0

MLS Schools

  • Elementary School: Belmar

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Mar 30, 2023
Sold by
Bought by
Seller's Agent
Richard Schlossbach
C21/ Schlossbach Realty
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$650,000
Sold Price
$605,000
Premium/Discount to List
-$45,000
-6.92%
Views
389
Current Estimated Value
$776,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,364
Avg. Annual Appreciation
8.32%
Original Mortgage
$242,000
Outstanding Balance
$233,046
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$543,318

Purchase Details

Closed on
Mar 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$605,000 Westcor Land Title
$605,000 Westcor Land Title
$380,000 Wfg National Title
$110,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $242,000
Closed $242,000
Previous Owner $99,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $605,000 -6.9% $307 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $650,000 0.0% $330 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $650,000 -- $330 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,608 $385,400 $189,400 $196,000
2024 $5,419 $385,400 $189,400 $196,000
2023 $5,419 $385,400 $189,400 $196,000
2022 $5,230 $385,400 $189,400 $196,000
2021 $5,184 $385,400 $189,400 $196,000
2020 $5,184 $385,400 $189,400 $196,000
2019 $5,184 $385,400 $189,400 $196,000
2018 $4,760 $385,400 $189,400 $196,000
2017 $4,644 $385,400 $189,400 $196,000
2016 $3,975 $208,000 $76,700 $131,300
2015 $3,819 $199,000 $67,700 $131,300
2014 $4,199 $217,000 $85,700 $131,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Schlossbach

    C21/ Schlossbach Realty

    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22233876

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00168-0000-00003

New Jersey Monmouth County Belmar 07719

905 16th Ave, Belmar, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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