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518 15th Avenue

518 15th Avenue, Belmar, NJ 07719
Property in Belmar
Sold Jun 20, 2013
$370,000
$277,500 by First Niagara Bank Na
Mortgage Due Jul 01, 2043
Sold Nov 14, 2003
$483,000
$386,400 by Wells Fargo Hm Mtg Inc
Mortgage
518 15th Avenue has been categorized by the local assessors in Belmar, NJ as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 12 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 518 15th Avenue has 2,224 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 890 ft and across the front of the lot is 440 ft. The area measurement of the land has been determined as 3,740 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 518 15th Avenue sold most recently in Jun 6, 2013 for a total of $370,000. If you work out the math, that's approximately a cost of $166.37 per sqft. Before that, the property was also sold for $483,000 in Sep 26, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,527 in taxes each year. 518 15th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $393,100. If we break it down further, the land itself was valued at $208,100. Improvements to the property, however, were assessed at a total of $185,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,740
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,224
  • Gross Building Area: 1,112
  • Building Area: 2,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FINAL MAJOR SUBDIVISION
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KEEGAN KEVIN
  • Current Owner 2: KEEGAN GERALDINE
  • Previous Owner : BARTON ERIC
  • Owner Before Previous Owner: SUHOCKI MICHAEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-75

Geography

  • Assessors Map Reference: TAX MAP 24
  • District: 07
  • Parcel: 07 00144-0000-00009- 04
  • Block: 144
  • Lot: 9.04
  • Municipality: BELMAR BORO
  • Latitude: 40.175
  • Longitude: -74.0245

    Address

  • Full Address: 518 15th Ave
  • Address - House Number: 518
  • Address - Street Name: 15th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Belmar
  • Carrier Code: C016
  • 4-Digit Zip Code: 2528
  • Zip Code: 07719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,527

    Appraisal Valuation

  • Standard Deviation: 0.1673
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 725,655
  • High Value: 847,072
  • Low Value: 604,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,500
  • First Open Lien Mortgage Lender: FIRST NIAGARA BANK NA
  • First Open Lien Mortgage Recording Date: Jun 20, 2013
  • First Open Lien Mortgage Loan Amount: $277,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Market Valuation

  • Market Total Value: $393,100
  • Market Land Value: $208,100
  • Market Improvement Value: $185,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,100
  • Assessed Land Value: $208,100
  • Assessed Improvements Value: $185,000

    Sales

  • Current Sale Contract Date: Jun 06, 2013
  • Current Sale Recording Date: Jun 20, 2013
  • Current Sale Transaction ID: 1192338448
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013068772
  • Previous Sale Recording Date: Nov 14, 2003
  • Previous Sale Contract Date: Sep 26, 2003
  • Previous Sale Amount: $483,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NIAGARA BANK NA
  • First Mortgage Transaction Date: Jun 20, 2013
  • First Mortgage Loan Amount: $277,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HM MTG INC
  • Previous Mortgage Transaction Date: Nov 14, 2003
  • Previous Mortgage Loan Amount: $386,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Belmar



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Frequently Asked Questions

What neighborhood is 518 15th Avenue located in?
The 518 15th Avenue is a located in the neighborhood of Belmar in Belmar, Belmar.
What is the average sales price for listings in 518 15th Avenue?
The average sales price for units in 518 15th Avenue is $0 currently.

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