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37 16TH ST Surf City, NJ 08008
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Key Details
Sold Price $980,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,052 sqft
Price per Sqft $477
Subdivision Surf City
MLS Listing ID NJOC160764
Sold Date 05/31/18
Style Dutch
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,052
Originating Board JSMLS
Annual Tax Amount $8,127
Tax Year 2016
Lot Dimensions 60x100
Property Description
Desirable northern Surf City 5 bedroom/2 full bathroom dutch colonial situated on a 60x100 lot and located just five houses from this beautiful 16th Street beach. This property has been lovingly maintained over the years and is in move-in condition. This property boasts a tremendous rental history and has grossed $50,800 in 2016 and $53,600 in 2017. The rent/purchase price ratio is OUTSTANDING on this property! There are currently 25 rental reservations in place for 2018 with the potential for more! The two living areas and bedrooms attract lots of natural light. Hardwood floors lead to a gorgeous updated kitchen with granite counter tops and high quality cabinetry, and the Florida room at the back of the home is a great space for entertaining. The hot tub in the back yard is a great way to share a drink and some laughs with family and friends. 16th Street is close to all of the best attractions in Surf City, including the Northside Bar, Shore Fire Grill, Rita's Water Ice, etc.,Make your LBI dreams a reality and come view this gorgeous home today! Priced to sell! This property falls into that rare category of the highly desirable "20 times rent ratio"! Earn approximately 5% back on your investment every year, with the potential for even more income with slight tweaks on the rental price!
Location
State NJ
County Ocean
Area Surf City Boro (21532)
Zoning R
Interior
Interior Features Entry Level Bedroom, Floor Plan - Open
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile, Fully Carpeted, Wood
Fireplaces Number 1
Fireplaces Type Brick
Equipment Cooktop, Dishwasher, Dryer, Built-In Microwave, Refrigerator, Washer
Furnishings Partially
Fireplace Y
Appliance Cooktop, Dishwasher, Dryer, Built-In Microwave, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Roof Type Shingle
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Lot Description Level
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Dutch
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Southern Regional Schools
Others
Senior Community No
Tax ID 32-00043-0000-00015
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Raymond Procaccini Jr. Jr. • Oceanside Realty