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Off market
  • $1,275,100

    316 15th Ave, Belmar, NJ 07719

    5beds
    2,175sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $1,275,100 Zestimate®
    $586/sqft
    $3,925 Estimated rent

    Home value

    $1,275,100

    $1.15M - $1.42M

    $3,925/mo

    Zestimate® history
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    $3,925/mo

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    Rent Zestimate®

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    $8,577/mo

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    $8,577/mo

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    What's special

    Freshly painted in the Key West Style this cozy, "beachy", 3-unit property is only 2.5 blocks from the sand! It comprises a 2 bd/1 ba Front Cottage (800+/- SF) and a Rear Carriage House (1375+/- SF). Your Carriage House includes a 1 bd/1 ba downstairs unit (R#1 @ 400+/- SF), a 2 bd/1ba upstairs unit (R#2 @ 600+/- SF), a garage (350+/- SF) and a garden shed (25+/-SF). There is a nice little shared lawn area between the buildings that is fenced on 3 sides. Your Front Cottage features a great front porch, its own W/D, a dishwasher and a small Yankee cellar. It has all NEW: Roof, front & rear steps/walkways, front porch posts & rails, back stoop, window screens, gas furnace & central A/C. The oil tank was recently removed & passed inspection. Your Carriage House contains a full-sized W/D in the garage for occupant use, and is equipped with several NEW features: Roof, high quality upper story siding, patio surface, LED solar security lights, custom carriage house doors & side entry door, 2 new rear windows, updated electrical & fiber optic panels, and a new 3/4" water line providing excellent water pressure. Unit R#1 is very bright and airy with fresh tropical paint colors. It has new carpets, all new windows and doors with stained glass laminates, a new Andersen storm door, new stainless steel kitchen appliances and a standing shower in the bath. Unit R#2, also with excellent light and air, has 2 new bedroom windows, a new porch/shed window and a standing shower in the bath. It sports a newly renovated kitchen with high quality cabinets & hardware, granite counters, stainless steel appliances, hand cut mahogany finish carpentry and a butcher block prep counter with a foldaway drop leaf. The stairway to this unit has new treads, rails and balusters with a new Andersen storm door at the entrance to its compact porch/shed. Income, Expenses & Utilities: Full monthly rental income potential is $4,600+ based on current market rates. Taxes are $678 monthly. Home insurance is $188 monthly. No flood insurance required (FEMA Flood Zone X, Flood Factor 1). All tenants are cooperative and on year-round, month-to-month arrangements. One water/sewer bill is split proportionally by all occupants. Separate gas accounts for each unit. Your Front Cottage has its own electric and fiber optic accounts. Your two rear Carriage House units split a single electric account and one fiber optic account. Ample driveway parking for 6+/- cars with convenient street parking on Summer weekdays, and at all times off season. Buyer should independently verify all information. LIST PRICE: This is an AS-IS purchase figure that includes ZERO agent/broker commissions.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Radiant, Wall, Gas
    Cooling
    • Central, Wall
    Features
    • Flooring: Softwood, Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,175 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Other, Stucco, Vinyl, Metal
    Lot
    • Size: 4,721 Square Feet
    Details
    • Parcel number: 0700142000000017

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1952

    Community & HOA

    Location
    • Region: Belmar

    Financial & listing details

    • Price per square foot: $586/sqft
    • Tax assessed value: $604,600
    • Annual tax amount: $8,797

    Price history

    DateEventPrice
    6/13/2023Listing removed--
    Source: MoreMLS #22311364 Report a problem
    5/26/2023Listed for rent$5,500$3/sqft
    Source: MoreMLS #22311364 Report a problem
    7/27/2021Sold$785,000-6%$361/sqft
    Source: MoreMLS #22107062 Report a problem
    5/8/2021Pending sale$835,000$384/sqft
    Source: MoreMLS #22107062 Report a problem
    3/13/2021Price change$835,000+2.2%$384/sqft
    Source: MoreMLS #22107062 Report a problem
    1/24/2021Listed for sale$817,000$376/sqft
    Source: Owner Report a problem
    1/14/2021Listing removed--
    Source: REX Real Estate Report a problem
    11/24/2020Listed for sale$817,000+444.7%$376/sqft
    Source: Rex Real Estate Exchange Report a problem
    1/27/1998Sold$150,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,797 $604,600
    2024$8,797 +3.5%$604,600
    2023$8,501 $604,600
    2022-- $604,600
    2021$8,204 +0.9%$604,600
    2020$8,132 +8.9%$604,600
    2019$7,467 $604,600
    2018$7,467 +24.4%$604,600
    2017$6,004 -5%$604,600 +92.4%
    2016$6,317 +5.6%$314,200 -4.6%
    2015$5,983 +0.3%$329,200 +6.5%
    2014$5,964 +1.5%$309,200
    2012$5,875 +0.7%$309,200
    2011$5,832 +2.2%$309,200
    2010$5,705 +3%$309,200
    2009$5,538 $309,200
    2008-- $309,200
    2007-- $309,200
    2006-- $309,200
    2005-- $309,200
    2003-- $309,200 +159%
    2002-- $119,400
    2001-- $119,400
    Find assessor info on the county website

    Neighborhood: 07719

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,275,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,275,100