See Home Value
$1,100,000
House - Off Market

20 W MERMAID LN

LONG BEACH TOWNSHIP, NJ 08008
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1078 Sqft
$5,524
Estimated Monthly
$0
HOA / Fees

About This Property

"A Slice of LBI Heaven".  Delightful, clean Cape Cod located just 2 1/2 blocks away from the beautiful beaches of LBI.  4 bedrooms, 1 1/2 baths, gas heat and central air conditioning, open floor plan, large back deck with awning, 2 brick paver patios and paver driveway. The home was elevated and fully renovated (from studs) w/rear 2nd floor dormer addition in 2004.  Recent upgrades to a/c and hot water heater past 3-5 years.  1 or 2 story expansion over the rear deck area is a possibility.  2023 rental income was $29,700 (many repeat tenants) w/realistic potential for 30% to 35% increase in rates.  Flood insurance premium $2,137/year. Offered fully furnished and equipped.  Turn-key, move-in condition.
Unit Size
1,078Ft²
Days on Market
14 days
Land Size
0.07 acres
Price per sqft
$1,044
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1958
Last updated: 20 days ago (Bright MLS #NJOC2023488)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold $1,100,000
Sold
Apr 12, 2024 In contract -
In contract
Apr 2, 2024 Price Decreased $1,125,000
↓ $50K (4.3%)
Price Decreased
Feb 2, 2024 Listed by BHHS Zack Shore REALTORS $1,175,000
Listed by BHHS Zack Shore REALTORS
Nov 4, 2009 Sold to Lane Enteprises Limited Lia... $308,990
Sold to Lane Enteprises Limited Lia...
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,000
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,078
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MERMAID LANE ENTEPRISES LIMITED LIABILIT
  • Previous Owner : DOWNING MICHAEL J
  • Owner Before Previous Owner: MERMAID LANE ENTERPRISE LIMITED LIABILIT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Southern Regional School District
  • Census Tract: 738001

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: TAX MAP 15
  • District: 18
  • Parcel: 18 00012- 22-00016
  • Block: 12.22
  • Lot: 16
  • Municipality: LONG BEACH TWP
  • Latitude: 39.6073
  • Longitude: -74.2088

    Address

  • Full Address: 20 W Mermaid Ln
  • Address - House Number: 20
  • Street Direction: W
  • Address - Street Name: Mermaid
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Long Beach Township
  • Carrier Code: C006
  • 4-Digit Zip Code: 3348
  • Zip Code: 08008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,894

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 894,998
  • High Value: 1,070,428
  • Low Value: 719,569

    Market Valuation

  • Market Total Value: $588,200
  • Market Land Value: $468,000
  • Market Improvement Value: $120,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,200
  • Assessed Land Value: $468,000
  • Assessed Improvements Value: $120,200

    Sales

  • Current Sale Contract Date: Oct 14, 2009
  • Current Sale Recording Date: Nov 04, 2009
  • Current Sale Transaction ID: 1192617062
  • Current Sale Price: $308,990
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2009116494
  • Previous Sale Recording Date: May 05, 2009
  • Previous Sale Contract Date: May 02, 2009
  • Previous Sale Amount: $296,800
  • Previous Sale Document Type: Bargain and Sale Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,810 ft²
$550/ft²
$995,000 Mar 31, 2012
$995,000 Oct 5, 2012
-
House
4 Beds
3 Baths
1,928 ft²
$506/ft²
$975,000 Jun 30, 2018
$975,000 Aug 23, 2018
-
House
3 Beds
3 Baths
1,866 ft²
$509/ft²
$949,000 Oct 8, 2020
$949,000 Dec 4, 2020
-
House
3 Beds
2 Baths
1,056 ft²
$1,088/ft²
$1,149,000 Feb 27, 2024
-
-
House
3 Beds
2 Baths
1,200 ft²
$771/ft²
$924,900 Nov 22, 2023
-
-
Multifamily
Stu
-
-
$1,299,000 Feb 14, 2024
-
-
Multifamily
Stu
-
-
$1,350,000 Dec 5, 2023
-
-

About North Beach Haven


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Nearby Rentals



Frequently Asked Questions

When was property at 20 West Mermaid Lane built and last sold?
The property at 20 West Mermaid Lane was built in 1958 and last sold on Oct 14, 2009 for $308,990.
How much is this home worth?
The estimated value of the home located at 20 West Mermaid Lane is $1,181,269.
What are some comparable homes to 20 West Mermaid Lane?
Homes that are comparable to 20 West Mermaid Lane include a house property at 9006 Long Beach Boulevard, a multifamily property at 31 West 87th Street, a house property at 32 West 87th Street.

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