NOT LISTED FOR SALE

1040 Norwood Ave Oakhurst, NJ 07755

Estimated Value: $1,024,000 - $1,542,000

5 Beds
3.5 Baths
2,025 Sq Ft
$692/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $1,170,000 $578 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,609/month

10 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Elberon
  • Granite Countertops
  • Wood Flooring
  • Bonus Room
  • No HOA

About This Home

As of January 2022

You will never want to leave home at 1040 Norwood Avenue - Located in Oakhurst on the border of Deal. This is your opportunity to own a completely top of the line renovated home in the heart of the Jersey Shore. This magnificent home features 5+ bedrooms, 4 Bathrooms, a spacious eat in kitchen with granite countertops with brand new appliances. Enjoy the living room/family room, formal dining room, gorgeous sunroom & office with hardwood floors throughout. The huge full finished basement, bonus finishable attic & 2 car garage with sliding glass doors to the backyard will provide a perfect summer time hangout with family and friends. A remarkable find less than 1 mile to the best beaches in NJ, local Norwood Avenue shopping and conveniences. Book your private tour today.

Last Agent to Sell the Property

Maurice Molcho

American Homes Group License #2077605 Listed on: 11/19/2021

Co-Listed By

Sam Sasson

American Homes Group

Last Buyer's Agent

Maurice Molcho

American Homes Group License #2077605 Listed on: 11/19/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,157

Year Built

  • Built in 1933

Lot Details

  • Lot Dimensions are 50 x 100
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Common or Shared Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,025 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • French Doors
  • Den
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Air Conditioning
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 000110100002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,157

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3953
  • Co List Office Phone: 732-289-3900
  • Inclusions: Outdoor Lighting, AC Units, Dishwasher, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Shore Colonial, Colonial
  • Reso Flooring: Linoleum, Vinyl, Tile, Wood
  • Reso Interior Features: Attic - Walk Up, Bonus Room, Den, French Doors, Security System, Recessed Lighting
  • New Construction: No
  • Year Built: 1933
  • Contract Info List PriceSqFt: 641.48
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • General Property Info Farm: No
  • Location Middle School: Ocean
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Floors Tile: Yes
  • Interior Attic - Walk Up: Yes
  • Siding Cedar: Yes
  • Floors Linoleum: Yes
  • Interior Bonus Room: Yes
  • Exterior Rec Area: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Features Interior:Security System: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Fence, Porch - Open, Rec Area, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Common, Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 50 x 100
  • Parcel #: 000110100002
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 10157.0

MLS Schools

  • High School: Ocean Twp

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 20, 2022
Sold by
Joseph Betesh
Bought by
Beda Richard J
Seller's Agent
Maurice Molcho
American Homes Group
Buyer's Agent
Maurice Molcho
American Homes Group
List Price
$1,299,000
Sold Price
$1,170,000
Premium/Discount to List
-$129,000
-9.93%
Current Estimated Value
$1,400,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,790
Avg. Annual Appreciation
4.80%
Original Mortgage
$936,000
Outstanding Balance
$855,075
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$545,715

Purchase Details

Closed on
Oct 30, 2020
Sold by
Hen Abraham and Hen Ester
Bought by
Betesh Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Apr 19, 2013
Sold by
Stryker Carl
Bought by
Hen Abraham and Hen Ester
Seller's Agent
Esther Kassin
C21/ Solid Gold Realty
Buyer's Agent
Esther Kassin
Prudential Zack Shore Properties
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Quarnstrom Carl and Stryker Carl
Bought by
Stryker Carl

Purchase Details

Closed on
Apr 17, 2001
Sold by
Cohen Edward
Bought by
Quarnstrom Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beda Richard J $1,170,000 Fidelity National Title
Betesh Joseph $480,000 Foundation Title
Hen Abraham $215,000 None Available
Stryker Carl -- None Available
Stryker Carl -- None Available
Quarnstrom Carl $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beda Richard J $936,000
Previous Owner Betesh Joseph $432,000
Previous Owner Quarnstrom Carl $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2022 01/20/22 Sold $1,170,000 -9.9% $578 / Sq Ft
11/19/2021 11/19/21 For Sale $1,299,000 +504.2% $641 / Sq Ft
04/19/2013 04/19/13 Sold $215,000 -- $106 / Sq Ft View Prior Sale
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 $14,541 $944,200 $401,600 $542,600
2024 $17,502 $1,019,700 $489,400 $530,300
2023 $17,502 $1,144,700 $580,500 $564,200
2022 $10,157 $556,400 $306,000 $250,400
2021 $10,157 $516,900 $306,000 $210,900
2020 $10,198 $512,200 $306,000 $206,200
2019 $9,961 $488,500 $283,500 $205,000
2018 $10,028 $478,900 $283,500 $195,400
2017 $9,846 $468,200 $283,500 $184,700
2016 $7,669 $328,000 $189,000 $139,000
2015 $7,490 $324,400 $189,000 $135,400
2014 $7,235 $317,600 $189,000 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22137007

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00011-01-00002