504 8th Avenue

Belmar, NJ 07719

$1,150,000
Price
7
Beds
2,334 Sq. Ft.
$493 / Sq. Ft.
2,334
Sq. Ft.
$493
per Sq. Ft.

Description

Great opportunity in the heart of the north end of town on a sought after 50 x 150 lot size. Whether you decide to buy as an investment property, renovation project to transform into your perfect beach house/primary residence or start from scratch w/ a new construction on this large lot. 504 8th Ave features a charming front house w/ newer roof & plenty of potential (4-5 BR - 2 bath total between the 2 apartments) and a BONUS 2 Bedroom apartment above the 2-car garage. The 3 BR 1 bath apartment has...Great opportunity in the heart of the north end of town on a sought after 50 x 150 lot size. Whether you decide to buy as an investment property, renovation project to transform into your perfect beach house/primary residence or start from scratch w/ a new construction on this large lot. 504 8th Ave features a charming front house w/ newer roof & plenty of potential (4-5 BR - 2 bath total between the 2 apartments) and a BONUS 2 Bedroom apartment above the 2-car garage. The 3 BR 1 bath apartment has been freshly painted, recently refinished floors and ready for immediate use this summer while you continue to collect rent from the other 2 apartments. This location is centrally located to all the town's hot spots including scenic Silver Lake, downtown/
  1. Listed by Edward James Szumski • Berkshire Hathaway HomeServices Fox & Roach - Spring Lake • 732-859-3751

Property Details for 504 8th Avenue

Complex/Subdivision
None
New Construction
No
Waterview
No
Directions
Ocean Ave or Main St to 8th Ave, between D & E St

Location

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Add your commute
LISTING UPDATED: 06/14/2024 04:43 PM

Property Details for 504 8th Avenue

StatusPending
MLS #22413899
Days on Market21
Taxes$8,377 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Three Family
Year Built1912
Lot Size0.17 AC / 7,405 SF
CountyMonmouth County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Add your commute

Building Information for 504 8th Avenue

Stories2Residences3Year Built1912Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$6,974 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 8th Avenue

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Belmar
  • State: NJ
  • Municipality: Belmar (BEL)
  • Middle School: Belmar
  • Other Elementary: Belmar
  • # Units in Bldg: 3
  • Block: 74
  • Apx Year Built: 1912.0
Parking
  • Garage: Apt Above Garage, Detached
  • Parking: Off Street
  • # Car Garage: 2.0
Taxes and HOA Information
  • Tax ID#: 07-00074-0000-00020
  • Taxes: $8,377.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 2334.0
  • # Acres: 0.17
  • Lot: 20
  • Lot Dimensions: 50 x 150
Property and Assessments
  • Assessment - Total: 595800.0
  • Assessment - Improvements: 145800.0
  • Assessment Status: Assessed
  • Asmnt - Land: 450000.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Three Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
Interior Features
  • # Levels: 2
  • Basement: Full, Walk-Out Access
  • Excluded: beds in back house (tenants)
  • Bedrooms: 7
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 3
  • Unit 1: Bedroom Level: 1
  • Unit 1: # Full Baths: 1
  • Unit 1: Tenant Name: VACANT
Unit 2
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $1,200.00
  • Unit 2: Tenant Name: UPSTAIRS
Unit 3
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Full Baths: 1
  • Unit 3: # Half Baths: 1.0
  • Unit 3: Rent: $13,200.00
  • Unit 3: Tenant Name: BACK HOUSE
Income & Expenses Information
  • Income & Expenses: RE Tax Expense: 8376.0

Property History for 504 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 504 8th Avenue

Taxable ValueLand$450,000Additions$145,800Total$595,800
Tax Record2022$8,085 ($674 / month)
Home Facts
Beds4Total Finished SqFt1,894 SqFtAbove Grade Finished SqFt1,894 SqFtStories2Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1912ZoningR-75CountyMONMOUTHAPN07 00074-0000-00020

Schools near 504 8th Avenue

This home is within Belmar Elementary School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - PK to 1
Private - 9 to 12
Private - PK to 8
Rating
School
Distance
Belmar Elementary School
PublicPK to 8

Chrismont Montessori Academy
PrivatePK to 1

St Rose High School
Private9 to 12

St Rose Grammar School
PrivatePK to 8

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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.

Listing Courtesy of Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

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.