138 East 15th Street

Ship Bottom, NJ 08008

$3,100,000
Last Sold Price
8
Beds
4
Baths
4,140 Sq. Ft.
$749 / Sq. Ft.
4,140
Sq. Ft.
$749
per Sq. Ft.

Description

Warm LBI breezes and oceanfront fun awaits! Newly Renovated Oceanfront, Multi Family property 100 feet of waterfront! Identical reversed living side by side townhomes allows a perfect living space to capture sweeping views of the Atlantic ocean and spectacular sunrises that are special to LBI!. TWO income producing units. The upper level has an open floor plan, cathedral living, kitchen and dining area, sliders to let the sunshine in and get those views, a half bath along with a Master Suite that...Warm LBI breezes and oceanfront fun awaits! Newly Renovated Oceanfront, Multi Family property 100 feet of waterfront! Identical reversed living side by side townhomes allows a perfect living space to capture sweeping views of the Atlantic ocean and spectacular sunrises that are special to LBI!. TWO income producing units. The upper level has an open floor plan, cathedral living, kitchen and dining area, sliders to let the sunshine in and get those views, a half bath along with a Master Suite that includes a full private double vanity bathroom. The upper deck provides plenty of space for outdoor dining and lounging area with amazing views of the beach and ocean! Lower level in each unit has a second living /family room with a slider that goes out to a covered deck, 3 more bedrooms ( one of the bedrooms shares the covered deck via a slider as well.) and a full bath. Amazing ocean views throughout this retreat! Each unit has its own washer/dryer on the lower level. 2 Outside showers, one for each unit. The South unit has a large garage. Currently rents for $6100. Per unit in peak season but could easily bring in $6500. Or more. Gross combined rental income for 2021 season is $213,300. for Location, Location, Location! Located in Ship Bottom, where you can walk to restaurants ,shopping, ice cream, and mini golf, yet in a quieter part of town and right on the ocean! You have options... whether you want to stay in one side and rent out the other OR rent both units out you can’t go wrong with this property! All you need are you bags, everything else stays! Call today to schedule your appointment you wont be dissappointed!
  1. Listed by Theresa Jensen • Mary Allen Realty, Inc.
    P: 6097132972 theresaj@maryallen.com

Property Details for 138 East 15th Street

Tax ID Number
29-00067-00002
Ownership
Fee Simple
HOA
No
Structure Type
Twin/Semi-Detached
Style
Coastal, Reverse
Waterfront
Yes
Views
Ocean, Panoramic, Water
Garage
Yes

Location

Listing Courtesy of Mary Allen Realty, Inc.

Sold By Coldwell Banker Riviera Realty, Inc.

Add your commute
LISTING UPDATED: 08/26/2022 10:53 AM

Property Details for 138 East 15th Street

StatusClosed
MLS #NJOC410052
Days on Market90
Taxes$19,759 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1988
Lot Size0.18 AC / 8,000 SF
CountyOcean County

Location

Listing Courtesy of Mary Allen Realty, Inc.

Sold By Coldwell Banker Riviera Realty, Inc.

Add your commute

Building Information for 138 East 15th Street

Stories-Residences2Year Built1988Building Size-Lot Size0.18 AC / 8,000 SF

Payment Calculator

$18,565 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,918

Property Taxes

$1,647

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 138 East 15th Street

Location
Location
  • School District Name: SOUTHERN REGIONAL SCHOOLS
  • School District County ID: 300200396369
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LONG BEACH ISLAND GRADE SCHOOL (OCEAN NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: SOUTHERN REGIONAL M.S. (OCEAN NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: SOUTHERN REGIONAL H.S. (OCEAN NJ)
  • HighSchoolSource: Listing Agent
  • County: OCEAN
  • MLS Area: Ship Bottom Boro (21529)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Water Body Name: ATLANTIC OCEAN
  • Water Body Type: Ocean
  • Water Frontage In Feet: 100.0
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $1,869,300
  • Year Assessed: 2020
  • County Tax: $0
  • Improvement Assessed Value: $505,300
  • City Town Tax: $0
  • Land Assessed Value: $1,364,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R3
  • Zoning Dscrp: RESIDENTIAL
  • Tax Lot: 00002
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Furnished: All
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Weekly
  • Beds Total: 4
  • Half Baths Count: 1
  • Full Baths Count: 2
  • Total Rooms: 10
Unit 2
  • Type: Unit 2
  • Beds Total: 4
  • Half Baths Count: 1
  • Full Baths Count: 2
  • Total Rooms: 10
Financial Information
Financial Information
  • Annual Rental Income: $213,300
  • Existing Lease Type: Weekly
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 80.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Location Type: Oceanfront
  • Parcel ID: 3076381
Parking
Parking
  • Type Of Parking: Attached Garage, Driveway
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Other
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s), Combination Kitchen/Dining, Upgraded Countertops, Entry Level Bedroom, Floor Plan - Open, Stall Shower, Window Treatments
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Built-In Microwave, Dishwasher, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Accessibility Features: None
  • Door Features: Sliding Glass
  • Window Features: Insulated
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Outside Shower
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors
  • List Agent URL: www.exit-63.com

Property History for 138 East 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 138 East 15th Street

Taxable ValueLand$1,364,000Additions$523,200Total$1,887,200
Tax Record2022$19,985 ($1,665 / month)
Home Facts
Beds8Total Finished SqFt4,140 SqFtAbove Grade Finished SqFt4,140 SqFtStories2Lot Size8,000 SqFtStyleSingle Family ResidenceYear Built1988ZoningR3CountyOCEANAPN29 00067-0000-00002

Schools near 138 East 15th Street

This home is within Long Beach Island Consolidated School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Ethel A Jacobsen Elementary School
PublicPK to 2

Long Beach Island Elementary School
Public3 to 6

Southern Reg Middle School
Public7 to 8

Southern Reg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Mary Allen Realty, Inc.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.