Surf City, NJ 08008,37 16TH ST

$980,000

Est. payment /mo

$1,029,000

4.8%
Est.Price: ?

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37 16TH ST Surf City, NJ 08008

5 Beds

2 Baths

2,052 SqFt

SOLD DATE : 05/31/2018

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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Bright MLS (BMLS)
Listed by Raymond Procaccini Jr. Jr. • Oceanside Realty
Bought with Raymond Procaccini Jr. Jr. • Oceanside Realty

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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