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505 12th Avenue, Belmar, NJ 07719

$599,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
505 12th Avenue, Belmar, NJ 07719 View this property at 505 12th Avenue, Belmar, NJ 07719
505 12th Avenue Belmar NJ 07719

Map & Location

Street View

Property Description

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 $39,600 yearly. Having the rental potential for much more $. This won't last. A must see!

Full Property Details for 505 12th Avenue

  • Price: $599,900
  • Taxes: $7,778 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 21701512
  • Updated: 1/13/2017
  • Added: 2 day(s) ago

Property History

  • 505 12th Avenue, Belmar, NJ
  • Listed at $599,900 on 1/13/17

Interior

  • Interior Features: Attic, Attic with Pull-Down Stairs
  • Flooring: Linoleum/Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 6
  • Parking Features: Off-Street, Paved
  • Garage Description: Detached, Oversized

Location

  • Area: Belmar (BEL)
  • County: Monmouth
  • Subdivision: None
  • Driving Directions: Ocean Avenue or Main Street to 12th Avenue.

School Information

  • Elementary School: Belmar
  • Middle School: Belmar
  • High School: St. Rose High
  • Other School: Christian Bros, Belmar

Heating & Cooling

  • Cooling Type: Dual Zoned Heat, Air Conditioning Units, Hot-Water Baseboard
  • Heating Fuel: Natural Gas

Utilities

  • Water/Sewer: Public Sewer, Public Water

Structural Information

  • Exterior Const.: Vinyl
  • Basement Desc.: Slab
  • Roof: Timberline
  • Stories Description: 2
  • Square Feet: 2,784

Unit Information

Unit 1

  • Bedrooms: 3
  • Master Bedroom: 16'10 x 12, Level 4
  • Bedroom 1: 11'6 x 9, Level 4
  • Living Room: 20'9 x 12'10, Level 4
  • Kitchen: 15'5 x 8', Level 4

Unit 2

  • Bedrooms: 3
  • Master Bedroom: 16'10 x 12', Level 5
  • Bedroom 1: 11'6 x 9, Level 5
  • Living Room: 20'9 x 12'10, Level 5
  • Kitchen: 15'5 x 8', Level 5

Lot Features

  • Lot Dimensions: 50 x 150
  • Zoning: Multifamily, Neighborhood, Residential

Financial Considerations

  • Price Per Sq. Ft.: $215.48
  • Improve Assmt: $185,300
  • Land Assmt: $205,000
  • Tax Amount: $7,778
  • Tax Year: 2015
  • Landlord Pays: Other (See Remarks), Water, Yard Maintenance
  • Tenant Pays: Electricity, Gas, Heat, Snow Removal

Disclosures and Reports

  • Ownership: Individual(s)
  • Financials for: Year
  • APN: 07-00124-0000-00004
  • Section: None

Listed by Weichert Realtors-Sea Girt, Rosanna P Stevens

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Estimate the Cost

505 12th Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

505 12th Avenue, Belmar, NJ 07719 (MLS# 21701512) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 505 12th Avenue is currently listed for $599,900 and was received on January 13, 2017. Want to learn more about 505 12th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Belmar? You can browse all Belmar real estate or contact a Coldwell Banker agent to request more information.

Listed by Weichert Realtors-Sea Girt, Rosanna P Stevens

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