Sold714d on market
20 W Mermaid Ln
Long Beach Township, NJ, 08008 • Peahala Park • Ocean County
$1,100,000
$1020/sqft
4Beds
2Baths
1,078Sqft
0.07 acLot
1958Built
Property DNA
Waterfront Property
Bayside
Cape Cod Style
Built 1958 · 68 years of history
Peahala Park
Peahala Park
Outdoor Living
Deck
Special Features
Above Grade · Below Grade
Ceramic Tile Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
15 views
People checking out this listing
714 days on market
Established listing
$1,020/sqft
Price per square foot
About this home
Single Family · Built 1958
"A Slice of LBI Heaven". Delightful, clean Cape Cod located just 2 1/2 blocks away from the beautiful beaches of LBI. 4 bedrooms, 1 1/2 baths, gas heat and central air conditioning, open floor plan, large back deck with awning, 2 brick paver patios and paver driveway. The home was elevated and fully renovated (from studs) w/rear 2nd floor dormer addition in 2004. Recent upgrades to a/c and hot water heater past 3-5 years. 1 or 2 story expansion over the rear deck area is a possibility. 2023 rental income was $29,700 (many repeat tenants) w/realistic potential for 30% to 35% increase in rates. Flood insurance premium $2,137/year. Offered fully furnished and equipped. Turn-key, move-in condition.
Standout features identified
Our analysis highlights beautiful beaches of lbi, paver driveway, and central air conditioning as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,895/month
Principal & Interest$5,428
Property Tax$1,100
Insurance$367
Down payment20% ($220,000)
3%50%
Est. 6.27% rate · 30yr fixed · $880,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
ParkingOpen Parking
Lot3,001 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCape Cod
Year built1958
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
RoofShingle
ConstructionFrame
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway
Lot3,001 sqft
Location & Tax
NeighborhoodPeahala Park
ZoningR50
Annual tax$5,217
Parcel18000122200016
Bathrooms & Fees
Full baths1
Features & details
13 categories of property features
Interior Features
Interior
Open Floorplan
Appliances
Refrigerator
Microwave
Dishwasher
Oven/Range - Electric
Washer/Dryer Stacked
Gas Water Heater
Flooring
Carpet
Ceramic Tile
Heating
Forced Air
Natural Gas
Cooling
Central Air
Electric
Laundry
Lower Level
Accessibility
2+ Access Exits
Exterior Features
Exterior
Awning(s)
Outdoor Shower
Parking
Driveway
Construction
Frame
Patio & Porch
Deck
Pool Features
None
Other Structures
Above Grade
Below Grade
Room details
1 room detailed
Basement
0
Listing insights
Market data and value estimates
StatusSold
Days on market714
Est. value$1,314,000
Est. rent$3,094/mo
Tax rate1.49%
Price/sqft$1020
On marketFeb 2, 2024
PostedFeb 2, 2024
Last sold$1,100,000
MLS updatedApr 26, 2024
Tour days6
Views15
How are the schools in Long Beach Township?
3 schools rated nearby
Location
Long Beach Township, NJ, 08008
Price history
7 events
DateEventPrice$/sqftSource
Apr 26, 2024Sold$1,100,000$1,020Bright MLS
Apr 12, 2024Contingent$1,125,000$1,044Bright MLS
Apr 2, 2024Price Change$1,125,000$1,044Bright MLS
Feb 2, 2024Listed For Sale$1,175,000$1,090Bright MLS
Nov 4, 2009Sold$308,990$287Public Record
May 5, 2009Sold$296,800$275Public Record
Nov 18, 2003Sold$410,000$380Public Record
Sold$1,100,000
Apr 26, 2024•$1,020/sqft•Bright MLS
Contingent$1,125,000
Apr 12, 2024•$1,044/sqft•Bright MLS
Price Change$1,125,000
Apr 2, 2024•$1,044/sqft•Bright MLS
Listed For Sale$1,175,000
Feb 2, 2024•$1,090/sqft•Bright MLS
Sold$308,990
Nov 4, 2009•$287/sqft•Public Record
Sold$296,800
May 5, 2009•$275/sqft•Public Record
Sold$410,000
Nov 18, 2003•$380/sqft•Public Record
Tax history
12 years of records
YearTax paidAssessed value
Apr 11, 2023$4,894$588,200
Apr 11, 2022$4,741$588,200
Apr 11, 2021$4,741$588,200
Apr 11, 2020$4,246$423,300
Apr 11, 2019$4,119$423,300
Apr 11, 2018$4,140$423,300
Apr 11, 2017$4,174$423,300
Apr 11, 2016$4,170$423,300
Apr 11, 2015$4,068$423,300
Apr 11, 2014$3,911$423,300
Apr 11, 2013$3,776$423,300
Apr 11, 2004—$120,700
Nearby homes
Neighborhood details
Local context around this listing
Long Beach Township, NJ • Ocean County
Nearby neighborhoods
Beach Haven CrestBeach Haven GardensBeach Haven ParkBrant BeachBrighton BeachHaven BeachNorth BeachNorth Beach HavenPeahala ParkSpray Beach
Nearby cities
BarnegatBayvilleBrickBrowns MillsForked RiverJacksonLakewoodManahawkin
Nearby zip codes
08008
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