$216,000
SOLD JUN 19, 2013

1 Short St Keyport, NJ 07735

4 Beds
3 Baths
2,444 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

85 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Fenced
  • Storm Windows

About This Home

As of February 2022

NEW PRICE!! Come view this 3 family home in a nice neighborhood. This home, situated on a spacious corner lot, has ample parking and is near all forms of transportation! 10.3% potential return on investment.....so get your money OUT OF THE BANK and INTO THIS PROPERTY!! This property has two 1 bedroom apartments and one 2 bedroom apartments. Updated kitchens and roof. Home needs some TLC, but is in good condition overall. This is a short sale and sold as-is. BACK ON THE MARKET!

Last Agent to Sell the Property

Michael Minervini

RE/MAX 1st. Advantage License #9803637 Listed on: 10/11/2012

Last Buyer's Agent

Linda Paulsen

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,897

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 72x100
  • Fenced

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Central Elementary And Middle School
  • Keyport High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for yard maintenance, water, snow removal, sewer, gas
  • Assessor Parcel Number 00042000000006

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $2,880
  • Insurance Expense $3,000
  • Maintenance Expense $1,821
  • Water Sewer Expense $1,672
  • Gross Income $36,408
  • Net Operating Income $7,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,897

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area
  • Income And Expenses Maintenance Expense: 1821.0
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 72X100
  • Location Middle School: Central
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • General Property Info # Parking Spaces: 6.0
  • Income Expenses Insurance Expense: 3000.0
  • Income Expenses WaterSewer Expense: 1672.0
  • Income Expenses Gross Income2: 36408.0
  • Income Expenses Net Income: 7192.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 2880.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Storm Door(s), Storm Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, Off Street, On Street, None
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Fee Information

  • Annual Water Sewer Expense: 1672.0

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 72X100
  • Parcel #: 00042000000006
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer, Gas

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6897.0
  • Tax Other Annual Assessment Amount: 319300.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36408.0
  • Insurance Expense: 3000.0

MLS Schools

  • Elementary School: Central
  • High School: Keyport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Feb 8, 2022
Sold by
Jian Smith
Bought by
Short St Realty Llc
Seller's Agent
Aniyan George
Lovi Real Estate
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Current Estimated Value
$618,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,090
Avg. Annual Appreciation
8.13%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Jun 19, 2013
Sold by
Paradise Joseph
Bought by
Smith Jian
Seller's Agent
Michael Minervini
RE/MAX 1st. Advantage
Buyer's Agent
Linda Paulsen
Gloria Nilson & Co. Real Estate
Sold Price
$216,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Oct 31, 2001
Sold by
Pearson Robert
Bought by
Lloyd Thomas and Lloyd Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $485,000 Fidelity National Title
Deed $210,000 Agent For Chicago Title Insu
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $940,000 New Conventional
Previous Owner $351,951 FHA
Previous Owner $195,000 Commercial
Previous Owner $193,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $485,000 -2.8% $198 / Sq Ft
10/30/2021 10/30/21 For Sale $499,000 +131.0% $204 / Sq Ft
06/19/2013 06/19/13 Sold $216,000 -- $88 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,676 $473,900 $206,700 $267,200
2023 $9,676 $440,200 $187,900 $252,300
2022 $8,357 $357,500 $163,400 $194,100
2021 $8,357 $331,100 $151,300 $179,800
2020 $8,061 $317,000 $146,000 $171,000
2019 $7,823 $308,100 $141,000 $167,100
2018 $7,982 $307,000 $150,600 $156,400
2017 $7,821 $300,000 $145,600 $154,400
2016 $7,517 $290,800 $145,600 $145,200
2015 $7,113 $273,900 $130,600 $143,300
2014 $7,184 $279,300 $103,100 $176,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21207075

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00042-0000-00006