Seller's Agent in 2022
Sarah Bandy
Jason Mitchell Real Estate New Jersey
(732) 439-8880
1 in this area
110 Total Sales
Estimated Value: $201,472
2
Beds
1.5
Baths
1,863
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Waterfront
- No HOA
- Handicap Accessible
- Colonial Architecture
- Cooling Available
- Heating Available
About This Home
As of October 2022Here is the opportunity you have been waiting for. Live and work from home!. Come check out this exciting opportunity, zoned commercial/residential, featuring a large commercial space with full parking on the right side of the building, and a 2-bedroom, 1-bath unit on the other side. Both the commercial unit and the residential unit will be available as of the date of closing (or earlier if required). The commercial space is perfect for a solo law office, small accounting, real estate practitioner, architect, engineer, and all manner of art, dance, music, water sports, business or professional endeavors. The property is within a half mile of the beach town and next to Mystic Island. Importantly, everyone must pass the property on the way in and out of Little Egg Harbor and to get to the bridge to upscale Osborne Island, so your imagination for all of the items that water interests might desire (either onsite or by brokerage) make this an even more valuable opportunity. The residential unit features newly renovated flooring, updated moldings, a spacious living/dining room combination, kitchen space, and laundry area. Both units have access to the cozy backyard, which offers the possibilities of business network gatherings, evening parties, or friendly hangouts with its lovely view of the twinkling lights of the Atlantic City skyline over the water. Multiple rental opportunities are possible with this property. You can live in one space and rent the other, grow your own personal business from the comforts of your home, or rent them both and have the property cover its own expenses. Your annual net income can grow with a multitude of possibilities. The property has great visibility and frontage on the highly-travelled Radio Road, promoting maximum exposure for your new business venture. The commercial unit's interior and exterior are both OSHA-compliant. The property has six parking spots and a driveway near the residential side. A conforming regulation access ramp and easy access spot has been installed for those benefiting from ramp access. This desirable neighborhood connects with Osborne, Tuckerton and Mystic Landing and truly has everything an investor could desire. Atlantic City's 95.5 radio strong signal in the area has consistently been a powerful advertising resource. There is instant potential for a savvy investor to purchase this property and increase its value in a very short time. Don't miss out!
Last Agent to Sell the Property
Jason Mitchell Real Estate New Jersey License #0681670 Listed on: 07/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,937
Year Built
- Built in 1974
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 58 x 110
- Waterfront
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 1,863 Sq Ft Home
- 2-Story Property
- Water Views
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
Accessible Home Design
- Handicap Accessible
Schools
- Pinelands Regional High School
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 17-00326-28-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2022
Closed on
Oct 7, 2022
Sold by
Carugno Michael
Bought by
Ziajski Andrea
Seller's Agent
Sarah Bandy
Jason Mitchell Real Estate New Jersey
Buyer's Agent
Paul Ziajski
Atlantic Real Estate Brokers, LLC
List Price
$239,000
Sold Price
$170,000
Premium/Discount to List
-$69,000
-28.87%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,472
Purchase Details
Closed on
Oct 27, 2014
Sold by
Carugno Lawrence P and Carugno Katherine L
Bought by
Carugno Michael
Purchase Details
Closed on
Mar 24, 2003
Sold by
Mintz Robert
Bought by
Carugno Lawrence and Carugno Katherine
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ziajski Andrea | $170,000 | Rms Title Services | |
| Carugno Michael | -- | None Available | |
| Carugno Lawrence | $128,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ziajski Andrea | $329,000 | |
| Closed | Carugno Lawrence | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $170,000 | -28.9% | $91 / Sq Ft |
| 10/03/2022 10/03/22 | Pending | -- | -- | -- |
| 09/02/2022 09/02/22 | For Sale | $239,000 | 0.0% | $128 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 07/29/2022 07/29/22 | Price Changed | $239,000 | -9.8% | $128 / Sq Ft |
| 07/12/2022 07/12/22 | For Sale | $264,999 | -- | $142 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $4,133 | $146,300 | $60,400 | $85,900 |
| 2023 | $4,003 | $146,300 | $60,400 | $85,900 |
| 2022 | $4,003 | $146,300 | $60,400 | $85,900 |
| 2021 | $3,937 | $146,300 | $60,400 | $85,900 |
| 2020 | $3,865 | $146,300 | $60,400 | $85,900 |
| 2019 | $3,731 | $146,300 | $60,400 | $85,900 |
| 2018 | $3,520 | $146,300 | $60,400 | $85,900 |
| 2017 | $3,476 | $146,300 | $60,400 | $85,900 |
| 2016 | $3,498 | $146,300 | $60,400 | $85,900 |
| 2015 | $3,539 | $146,300 | $60,400 | $85,900 |
| 2014 | $3,704 | $193,600 | $95,300 | $98,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Bandy
-
Paul Ziajski
P
Buyer's Agent in 2022
Paul Ziajski
Atlantic Real Estate Brokers, LLC
(732) 741-5550
3 in this area
18 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22221790
APN: 17-00326-28-00003
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