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20 W Mermaid Ln

20 W Mermaid Ln, Long Beach Township, NJ 08008

$1,100,000

"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.

4
beds

2
baths

1,078 Sq.Ft. LIVING AREA

3,001 Sq.Ft. lot

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Bonnie Wells

title Broker-Owner
PHONE (609) 492-4444
EMAIL [email protected]
DRE # 9231521

Features & Amenities

Interior

total bedrooms4
Total bathrooms2
full bathroom1
half bathroom1
Flooring Carpet, Ceramic Tile
APPLIANCES Dishwasher, Refrigerator, Microwave, Electric Oven, Electric Range, Washer

Area & Lot

Status Sold
Living Area1,078 Sq.Ft.
Lot Area3,001 Sq.Ft.
MLS® IDNJOC2023488
TypeResidential
YEAR BUILT1958
NeighborhoodLong Beach Township
Architecture StylesCape Cod

Exterior

STORIES2
water SourcePublic
roofShingle
HEAT TYPEForced Air, Natural Gas
AIR CONDITIONINGCentral Air
sewerPublic Sewer

Financial

Sales Price$1,100,000
Real Estate Tax $5,217/yr

Long Beach Township

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