This property is the ultimate trifecta: 1. LOCATION: Beach Block & ocean views in the NORTH end of Belmar. 2. INCOME: Continue as multi-family for added income, or use separate guest quarters for extended family & friends. 3. UPDATED: Move-in ready and updated throughout with newer 2 zone central air, Anderson windows & doors, low maintenance decking, paver patio & more. Centrally located to downtown, restaurants, shopping, live music, summertime/year-round activities, train station for easy access to and from NYC, large driveway w/ plenty of off-street parking, outdoor shower for rinsing off from a day in the sand, and scenic hangout area in the back yard with plenty of room for a pool. Currently a RARE 4-unit (separate utilities!) which will provide an owner a strong rental income-stream while you watch the robust town continue to thrive with new construction, improvements and additions. Aside from an investment property, the house is perfect for multi-generational families or teaming up with friends and family and securing a prime beach house with your own personal living spaces. The final option is to convert this property into a single family home and enjoy everything that the desirable 50 x 150 lot size offers. Perfect location for retirement, full-time residence or vacation getaway. Schedule your showing today. Act now to enjoy everything this sought-after community has to offer. 2020-11-14
Sold for $1,500,000
$1,500,000
111 7th Ave #1, Belmar, NJ 07719
5beds
4baths
2,466sqft
SingleFamily
Built in 1920
7,405 Square Feet Lot
$1,996,300 Zestimate®
$608/sqft
$6,208 Estimated rent
Home value
$1,996,300
$1.84M - $2.20M
$6,208/mo
Zestimate® history
Owner options
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$6,208/mo
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$6,208/mo
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$9,998/mo
Est. payment
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$9,998/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,466 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 0700070000000007
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1920
Community & HOA
Location
- Region: Belmar
Financial & listing details
- Price per square foot: $608/sqft
- Tax assessed value: $650,000
- Annual tax amount: $9,458
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $1,500,000+13.1%$608/sqft |
Source: Public Record Report a problem | ||
| 1/12/2022 | Sold | $1,326,000+11739.3%$538/sqft |
Source: Public Record Report a problem | ||
| 9/18/2018 | Sold | $11,200-99.1%$5/sqft |
Source: Agent Provided Report a problem | ||
| 5/1/2018 | Listed for sale | $1,250,000-16.7%$507/sqft |
Source: Gloria Nilson & Co. Real Estate #21815620 Report a problem | ||
| 1/23/2016 | Listing removed | $1,500,000$608/sqft |
Source: C21/ Schlossbach Realty #21528794 Report a problem | ||
| 7/23/2015 | Listed for sale | $1,500,000+538.3%$608/sqft |
Source: C21/ Schlossbach Realty #21528794 Report a problem | ||
| 5/21/1998 | Sold | $235,000+17.5%$95/sqft |
Source: Public Record Report a problem | ||
| 5/2/1997 | Sold | $200,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,458 | $650,000 |
| 2024 | $9,458 -25.1% | $650,000 -27.7% |
| 2023 | $12,633 | $898,500 |
| 2022 | -- | $898,500 |
| 2021 | $12,193 +0.9% | $898,500 |
| 2020 | $12,085 +10.6% | $898,500 |
| 2019 | $10,927 | $898,500 |
| 2018 | $10,927 +37.8% | $898,500 |
| 2017 | $7,929 -0.4% | $898,500 +116.6% |
| 2016 | $7,962 +1.6% | $414,900 |
| 2015 | $7,835 +0.3% | $414,900 +2.5% |
| 2014 | $7,811 +1% | $404,900 |
| 2013 | $7,730 +0.5% | $404,900 |
| 2012 | $7,693 +0.7% | $404,900 |
| 2011 | $7,636 +2.2% | $404,900 |
| 2010 | $7,470 +3% | $404,900 |
| 2009 | $7,252 | $404,900 |
| 2008 | -- | $404,900 |
| 2007 | -- | $404,900 |
| 2006 | -- | $404,900 |
| 2005 | -- | $404,900 |
| 2003 | -- | $404,900 +84.6% |
| 2002 | -- | $219,300 |
| 2001 | -- | $219,300 |
Find assessor info on the county website
Neighborhood: 07719
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Nearby schools
GreatSchools rating
- 6/10Belmar Elementary SchoolGrades: PK-8Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Belmar
- Middle: Belmar
- High: St. Rose High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,996,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,996,300
- New Jersey
- Monmouth County
- Belmar
- 07719
- 111 7th Ave Unit 1
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