NOT LISTED FOR SALE

Estimated Value: $1,172,000

-- Bed
-- Bath
1,930 Sq Ft
$607/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $1,210,000 $627 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,851/month

18 Days on Market

Highlights

  • Water Views
  • Baseboard Heating
  • 3-minute walk to Ocean Grove Park
  • Central Air

About This Home

As of November 2024

Welcome to this Ocean Side Ocean Grove 3 family home. The first level offers two 1 bedroom apartments with open porch to enjoy the Ocean Breezes. The owners quarters consist of a 2 story unit. The main level offers an open floor plan with living room open to the eat in kitchen for easy entertaining. 2 bedrooms, one with a balcony with views of Fletcher lake, full bath, laundry, and a large Ocean View open porch with retractable awning complete this level. The top floor offers a 2 room suite with private bath and a balcony with lake views. This charming unit has vaulted ceilings, built ins, and overall charm. This home is full of versatility. The 2 rental units can help with your carrying costs, while the owners unit feels like a single family.

Last Listed By

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 08/24/2024

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,248

Year Built

  • Built in 1936

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 30 x 43

Home Design

  • Triplex

Interior Spaces

  • 1,930 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Partial Basement
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00247-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,248

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Ocean Grove
  • Year Built: 1936
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 43
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Dishwasher2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.03
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 43
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00247-0000-00004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16248.0
  • Tax Other Annual Assessment Amount: 1093400.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2001
Sold by
Morin Richard
Bought by
Capozzi Robert and Capozzi Marie
Total Days on Market
18
Current Estimated Value
$1,172,000

Purchase Details

Closed on
Jul 10, 1998
Sold by
Morin Richard
Bought by
Capozzi Robert and Capozzi Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1995
Sold by
Lang Steven
Bought by
Morin Richard and Morin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
9.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 1993
Sold by
The Prudential Home Mtg
Bought by
Lang Steven and Lang Sandy

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capozzi Robert $170,000 --
Capozzi Robert $166,000 --
Morin Richard $132,500 --
Lang Steven $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Ave Llc $907,500
Closed Capozzi Robert M $242,000
Closed Capozzi Marie R $255,000
Closed Capozzi Marie R $200,000
Closed Braggs Carl $192,000
Previous Owner Capozzi Robert $136,000
Previous Owner Morin Richard $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $1,210,000 +1.8% $627 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $1,189,000 0.0% $616 / Sq Ft
08/21/2024 08/21/24 Price Changed $1,189,000 -- $616 / 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 $16,248 $1,093,400 $638,100 $455,300
2023 $16,248 $915,900 $638,100 $277,800
2022 $16,022 $871,100 $606,600 $264,500
2021 $15,045 $771,400 $572,900 $198,500
2020 $16,084 $771,400 $572,900 $198,500
2019 $15,045 $712,000 $572,900 $139,100
2018 $17,217 $806,400 $603,100 $203,300
2017 $10,073 $452,500 $264,300 $188,200
2016 $10,024 $449,500 $264,300 $185,200
2015 $11,782 $538,000 $357,300 $180,700
2014 $14,791 $555,000 $335,400 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22424282

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00247-0000-00004