NOT LISTED FOR SALE

107 8th Ave Belmar, NJ 07719

Estimated Value: $1,544,000 - $1,836,436

5 Beds
4.5 Baths
2,176 Sq Ft
$771/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $1,301,000 $598 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,202/month

35 Days on Market

Highlights

  • Ocean View
  • Victorian Architecture
  • Balcony
  • Property is near an ocean
  • No HOA
  • 1 Car Detached Garage

About This Home

As of October 2021

Location, Location, Location! A place of your own in the Red Hot North End to relax & enjoy by the beach. Sought after beach block location just houses to the beach! Ocean views, cool summer breezes and enjoyment all year round. This rare 4 family is new to market and presents multiple options to choose from on this sought after 50 x 150 property. Whether you continue to rent the 4 rental units as an investment, renovate the charming 1910 +/- home into a single family for a larger family beach home or start fresh and build brand new to achieve all of your dream home goals on this choice 50 x 150 lot w/ room for pool, garage, outdoor kitchens you can't go wrong. This property has an urban feel that provides an exciting lifestyle being in the ''HEART'' of the desirable North End is situated a straight shot to the downtown, brewery, coffee shops, seconds to the scenic Silver Lake, a few blocks from live music at Pyanoe Plaza, restaurants, and the 9th Ave Pier for watching the sunset. Take action today and secure this wonderful opportunity.

Last Agent to Sell the Property

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake Brokerage Phone: 732-859-3751 License #1644256 Listed on: 08/07/2021

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Kristin Wolf

Keller Williams Realty Ocean Living License #1650222

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,346

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Partially Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Property is near an ocean
  • Balcony
  • Porch

Schools

  • Belmar Middle School
  • St. Rose High School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00080-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,346

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-859-3751
  • ResoLotFeatures: Ocean Block
  • Subdivision Name: None
  • Architectural Style: Detached, Victorian
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: Belmar
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Cooling Multi Units: Yes
  • Siding Wood2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle, Wood
  • Acres: 0.17
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Exterior Features: Balcony, Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Belmar

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 07-00080-0000-00005

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11346.0

MLS Schools

  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Sep 29, 2021
Sold by
Forbes Alexandra
Bought by
Lemos Properties Llc
Seller's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Kristin Wolf
Keller Williams Realty Ocean Living
List Price
$1,351,750
Sold Price
$1,301,000
Premium/Discount to List
-$50,750
-3.75%
Current Estimated Value
$1,678,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,109
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Dec 17, 2015
Sold by
Forbes Alexandra
Bought by
Forbes Alexandra

Purchase Details

Closed on
Sep 10, 1993
Sold by
Der Asso
Bought by
Forbes Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.1%
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
Lemos Properties Llc $1,301,000 Turton Signature Title Agcy
Forbes Alexandra -- None Available
Forbes Bryan $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forbes Bryan $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $1,301,000 +0.2% $598 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $1,299,000 -3.9% $597 / Sq Ft
08/06/2021 08/06/21 For Sale $1,351,750 -- $621 / 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 $12,920 $888,000 $650,000 $238,000
2024 $12,485 $888,000 $650,000 $238,000
2023 $12,485 $888,000 $650,000 $238,000
2022 $11,448 $843,600 $650,000 $193,600
2021 $11,448 $843,600 $650,000 $193,600
2020 $11,346 $843,600 $650,000 $193,600
2019 $11,346 $843,600 $650,000 $193,600
2018 $10,418 $843,600 $650,000 $193,600
2017 $10,165 $843,600 $650,000 $193,600
2016 $9,307 $487,000 $250,000 $237,000
2015 $9,346 $487,000 $250,000 $237,000
2014 $9,230 $477,000 $240,000 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126105

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00080-0000-00005