See Home Value
$1,350,000
● House - Off Market

503 12TH AVENUE

BELMAR, NJ 07719
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,885 Ft²
$7,377
Est. Monthly
3.03%
Cap Rate

About This Property

So many incredible options for investment - vacation rental...owner occupied plus seasonal rentals-front house with 2 units-1st fl 3BR/1BA, LR,DR,KIT,Laundry; 2nd fl 1BR/1BA, LR, KIT. Back house newly renovated 4BR/2BA, KIT, LR, Laundry hook ups, new deck and 1.5 car garage. Month to month tenants in front willing to stay.
Unit Size
2,885 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$468
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1920

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Last updated: 2 years ago (Bright MLS #NJMM2002314)

Price History

Date / Event Date Event Price
Jun 4, 2024 Sold
Sold
Feb 15, 2024 Listed by Keller Williams Premier $1,350,000
Listed by Keller Williams Premier
So many options for the savvy investor...Vacation rental, seasonal, or year round. 2 separate buildings - back building is renovated 4BR/2FBA, new deck 1.5 car garage...Front has 3BR/1BA $2660 month to month currently; upstairs 1BR/1BA $1700 month to month currently (long term tenants who would stay if you want them too).

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 600
  • Garage Type: 2
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Belmar Borough School District
  • Census Tract: 808402

Zoning

  • Zoning: R-70

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 07
  • Parcel: 07 00124-0000-00002
  • Block: 124
  • Lot: 2
  • Municipality: BELMAR BORO
  • Latitude: 40.1764
  • Longitude: -74.0229

    Address

  • Full Address: 503 12th Ave
  • Address - House Number: 503
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belmar
  • Carrier Code: C019
  • 4-Digit Zip Code: 2483
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929,647

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,360,619
  • High Value: 1,477,010
  • Low Value: 1,244,228

    Market Valuation

  • Market Total Value: $661,200
  • Market Land Value: $425,000
  • Market Improvement Value: $236,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $661,200
  • Assessed Land Value: $425,000
  • Assessed Improvements Value: $236,200

    Sales

  • Current Sale Contract Date: May 29, 2002
  • Current Sale Recording Date: Jul 22, 2002
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Belmar


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Frequently Asked Questions

When was property at 503 12th Avenue built and last sold?
The property at 503 12th Avenue was built in 1920 and last sold on May 29, 2002 for $330,000.
How much is this home worth?
The estimated value of the home located at 503 12th Avenue is $0.
What are some comparable homes to 503 12th Avenue?
There are currently no comparable homes to 503 12th Avenue.