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Off market
    • $1,167,700

    505 12th Ave, Belmar, NJ 07719

    6beds
    2,784sqft
    MultiFamily
    Built in 1903
    -- sqft lot
    $1,167,700 Zestimate®
    $419/sqft
    $3,177 Estimated rent

    Home value

    $1,167,700

    $1.04M - $1.32M

    $3,177/mo

    Zestimate® history
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    $3,177/mo

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    $3,177/mo

    Rent Zestimate®

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    $7,917/mo

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    $7,917/mo

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    What's special

    It's always about LOCATION, LOCATION, LOCATION! Just a stroll to the Beach! This is a Shore Thing! Great income producing investment or use as a Mother-Daughter home or Beach retreat! Live in one unit and rent the second unit for extra income!2-Family Home in the Heart of Belmar. Offering a Two Car Garage and ample parking for 6+ cars. Two 3 Bedroom apartments, complete with separate utilities and washer/dryer for each unit,Hardwood flooring, Backyard deck for your Alfresco dining. This is an amazing opportunity ... currently both units have ''month-to-month'' tenants; with positive cash flow. Having the rental potential for much more $. This won't last. A must see!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Slab
    Interior area
    • Total interior livable area: 2,784 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 7,501 Square Feet
    Details
    • Parcel number: 0700124000000004
    • Zoning: Multi-Family, Residential, Neighborhood

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 1903

    Community & HOA

    Location
    • Region: Belmar
    • Municipality: Belmar (BEL)

    Financial & listing details

    • Price per square foot: $419/sqft
    • Tax assessed value: $621,100
    • Annual tax amount: $9,037
    • Tenant pays: Electricity, Gas, Snow Removal, Heat, Hot Water, Water

    Price history

    DateEventPrice
    8/18/2017Sold$580,000$208/sqft
    Source: Public Record Report a problem
    5/10/2017Sold$580,000-3.3%$208/sqft
    Source: MoreMLS #21701512 Report a problem
    3/20/2017Pending sale$599,900$215/sqft
    Source: Weichert Realtors #21701512 Report a problem
    2/23/2017Listed for sale$599,900$215/sqft
    Source: Weichert Realtors-Sea Girt #21701512 Report a problem
    2/7/2017Pending sale$599,900$215/sqft
    Source: Weichert Realtors #21701512 Report a problem
    1/13/2017Listed for sale$599,900+9.1%$215/sqft
    Source: Weichert Realtors-Sea Girt #21701512 Report a problem
    8/8/2016Listing removed$550,000$198/sqft
    Source: Prominent Properties #21608215 Report a problem
    11/5/2015Price change$550,000-4.3%$198/sqft
    Source: Prominent Properties #21506781 Report a problem
    4/8/2015Price change$575,000-4%$207/sqft
    Source: Prominent Properties #21506781 Report a problem
    3/5/2015Price change$599,000-0.2%$215/sqft
    Source: Prominent Properties #21506781 Report a problem
    8/31/2014Price change$599,900-4%$215/sqft
    Source: Prominent Properties #21416555 Report a problem
    6/11/2014Price change$625,000-3.8%$224/sqft
    Source: Prominent Properties #21416555 Report a problem
    5/1/2014Listed for sale$649,900-3.7%$233/sqft
    Source: Prominent Properties #21416555 Report a problem
    11/19/2011Listing removed$675,000$242/sqft
    Source: Prominent Properties #21104907 Report a problem
    3/15/2011Price change$675,000-3.4%$242/sqft
    Source: Prominent Properties #21104907 Report a problem
    2/15/2011Listed for sale$699,000+11%$251/sqft
    Source: Prominent Properties #21104907 Report a problem
    4/14/2008Sold$630,000+62.8%$226/sqft
    Source: Public Record Report a problem
    6/4/2003Sold$387,000$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,037 $621,100
    2024$9,037 +3.5%$621,100
    2023$8,733 $621,100
    2022-- $621,100
    2021$8,428 +0.9%$621,100
    2020$8,354 +8.9%$621,100
    2019$7,671 $621,100
    2018$7,671 +2.8%$621,100
    2017$7,459 -4.1%$621,100 +59.1%
    2016$7,778 +4.3%$390,300 -3.7%
    2015$7,456 +0.3%$405,300 +5.2%
    2014$7,432 +1.5%$385,300
    2012$7,321 +0.7%$385,300
    2011$7,267 +2.2%$385,300
    2010$7,109 +3%$385,300
    2009$6,901 $385,300
    2008-- $385,300
    2007-- $385,300
    2006-- $385,300
    2005-- $385,300
    2003-- $385,300 +86.4%
    2002-- $206,700
    2001-- $206,700
    Find assessor info on the county website

    Neighborhood: 07719

    Nearby schools

    GreatSchools rating
    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
    $1,167,700
    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
    $1,167,700

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