$715,000
SOLD MAR 4, 2025

107 Abbott Ave Ocean Grove, NJ 07756

-- Bed
-- Bath
1,715 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

8% Below List Price

103 Days on Market

About This Home

As of March 2025

Own a piece of history! This charming Victorian, circa 1900 has so much to offer! The largest unit located on the 2nd and 3rd floor ,boasts 3 bedrooms, gorgeous woodwork, an eat-in kitchen, laundry room and 3 balconies!!The first floor has a charming 1 bedroom apartment with hardwood floors and stained glass windows and a cute studio that has been recently renovated. Live in one and collect rents on the others!!!

Last Agent to Sell the Property

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 01/13/2025

RE/MAX Gateway

Last Buyer's Agent

Michele DeRose

RE/MAX Gateway License #1969530

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,682

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Triplex

Interior Spaces

  • 1,715 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Stove
  • Dryer

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • The owner pays for hot water, water, sewer, heat, electricity
  • Assessor Parcel Number 35-00236-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: Ocean Grove
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • 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
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 31 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00236-0000-00009
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12682.0
  • Tax Other Annual Assessment Amount: 779800.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2004
Sold by
Larkin Elizabeth
Bought by
Hart Loren and Hart Kristen
Current Estimated Value
$762,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2003
Sold by
Ricci Anthony
Bought by
Larkin Elizabeth and Currie Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2002
Sold by
Oakley Darrin
Bought by
Ricci Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,800
Interest Rate
6.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1999
Sold by
Greenleaf Eight Llc
Bought by
Oakley Darrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1999
Sold by
Blair Hugh
Bought by
Greenleaf Eight Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

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 Type Sale Price Title Company
Deed $465,000 --
Deed $450,000 --
Deed $350,000 --
Deed $155,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Closed $298,750 Commercial
Closed $354,000 Commercial
Previous Owner $372,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $230,800 Commercial
Previous Owner $153,732 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 Sold $715,000 -7.7% $417 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $775,000 0.0% $452 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
11/06/2024 11/06/24 Price Changed $775,000 -3.0% $452 / Sq Ft
10/18/2024 10/18/24 Price Changed $799,000 -5.9% $466 / Sq Ft
10/12/2024 10/12/24 For Sale $849,000 -- $495 / 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
2025 $13,405 $715,000 $436,900 $278,100
2024 $12,682 $779,800 $386,500 $393,300
2023 $12,682 $714,900 $476,900 $238,000
2022 $10,609 $617,200 $424,900 $192,300
2021 $9,625 $510,800 $363,000 $147,800
2020 $10,198 $489,100 $349,000 $140,100
2019 $9,625 $455,500 $324,000 $131,500
2018 $9,701 $454,400 $324,000 $130,400
2017 $8,790 $394,900 $274,100 $120,800
2016 $9,605 $430,700 $236,600 $194,100
2015 $7,994 $365,000 $249,000 $116,000
2014 $9,783 $367,100 $174,000 $193,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429178

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00236-0000-00009