NOT LISTED FOR SALE

100 Abbott Ave Ocean Grove, NJ 07756

Estimated Value: $820,000 - $942,000

4 Beds
4 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $799,000

Est. 11% increase in value since last sale

Current estimated payment $5,809/month

10 Days on Market

Highlights

  • Multiple cooling system units
  • Forced Air Heating System
  • 5-minute walk to Ocean Grove Park
  • Tankless Water Heater

About This Home

As of June 2022

'This is a Coming Soon listing and cannot be shown until Sunday, 4/24. This spacious side by side duplex is absolutely the property you've been waiting for! It has a gorgeous mid-town location just blocks to the beach and Ocean Grove's quaint downtown. It has so many possibilities and unlike a lot of of multi families it will be delivered vacant and ready for you to make it your own! Use one side as your beach house and collect income from the other side, or use both for family and friends! This property also lends itself to a condo conversion! Both sides have high ceilings and some wide plank flooring, double porches, washers/dryers and ALL separate utilities! The East side has a LR, DR and KIT on the first floor, 2 bedrooms, a bonus room, perfect for a home office and a full bath on the second floor as well as a walk up attic and a basement. The West side has a LR, DR, KIT and full bath on the first floor, 2 bedrooms and a full bath on the second full and 2 bonus rooms and a full bath on the third floor. New roof in 2020 and a 2020 tankless hot water heater for the West side are it's most recent improvements. It's being sold as-is and the CO will be a T.O.T.

Last Agent to Sell the Property

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 04/24/2022

RE/MAX Gateway

Last Buyer's Agent

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 04/24/2022

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,276

Year Built

  • Built in 1895

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 31 x 60

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Stove
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Tankless Water Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 35-00242-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,276

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Year Built: 1895
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 31 x 60
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Other - See Remarks
  • Acres: 0.04
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 31 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00242-0000-00002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11276.0
  • Tax Other Annual Assessment Amount: 542900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2001
Sold by
Early Kevin
Bought by
Donaldson Donaldson Douglas Douglas and Donaldson Julie
Current Estimated Value
$884,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1998
Sold by
Acm Llc
Bought by
Seuffert Early Kevin and Seuffert Earley Jeannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1992
Sold by
Lang Charles
Bought by
Acm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Donaldson Donaldson Douglas Douglas $250,000 --
Seuffert Early Kevin $147,000 --
Acm Llc $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuchman John M $400,000
Closed Donaldson Douglas $170,000
Previous Owner Donaldson Donaldson Douglas Douglas $200,000
Previous Owner Seuffert Early Kevin $117,600
Previous Owner Acm Llc $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $799,000 0.0% --
06/02/2022 06/02/22 For Sale $799,000 0.0% --
05/04/2022 05/04/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $799,000 -- --
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
2025 $11,959 $1,108,300 $493,300 $615,000
2024 $12,854 $695,700 $386,500 $309,200
2023 $12,854 $724,600 $476,900 $247,700
2022 $11,276 $658,900 $424,900 $234,000
2021 $11,276 $542,900 $363,000 $179,900
2020 $10,832 $519,500 $349,000 $170,500
2019 $10,016 $474,000 $314,000 $160,000
2018 $10,092 $472,700 $314,000 $158,700
2017 $9,198 $413,200 $266,200 $147,000
2016 $10,564 $473,700 $236,600 $237,100
2015 $8,543 $390,100 $249,000 $141,100
2014 $9,466 $355,200 $174,000 $181,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22211715

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00242-0000-00002