NOT LISTED FOR SALE

108 Mount Carmel Way Ocean Grove, NJ 07756

Estimated Value: $863,353 - $993,000

4 Beds
3 Baths
932 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $580,000 $622 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,107/month

142 Days on Market

Highlights

  • Patio
  • Forced Air Heating System
  • 2-minute walk to Greenleaf Park

About This Home

As of March 2021

Welcome to this Ocean Grove side by side Duplex. Both units offer a porch, living room, dining room, kitchen, and 2 bedrooms and bath on the second level. The owners side offers a second bath on the first floor, pull down stairs to the large attic, and the entire use of the back patio. The tenanted side produces over $20,000 per year which approximately covers half of your carrying cost. Great location offers easy access to the beach, Asbury Park, downtown Ocean Grove and NYC transportation. Call your family and friends buy it together and you each have your private quarters, or convert to a single family if you need the entire space. Lots of possibilities come explore and make it your own!

Last Agent to Sell the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 11/03/2020

RE/MAX Gateway

Last Buyer's Agent

Thea Bowers

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,465

Year Built

  • Built in 1904

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 31 x 55

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00139-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,465

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Ocean Grove
  • Reso Interior Features: Attic - Pull Down Strs
  • Year Built: 1904
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 31 x 55
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Electric BB
  • 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 55
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00139-0000-00003
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 351300.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $580,000 -3.2% $622 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
11/03/2020 11/03/20 For Sale $599,000 0.0% $643 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $599,000 0.0% $643 / Sq Ft
06/29/2018 06/29/18 Rented $19,200 -- --
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 $13,465 $760,400 $436,900 $323,500
2024 $11,524 $783,300 $367,500 $415,800
2023 $11,524 $649,600 $395,800 $253,800
2022 $17,733 $614,600 $379,500 $235,100
2021 $5,173 $279,600 $180,000 $99,600
2020 $7,325 $351,300 $164,500 $186,800
2019 $5,173 $244,800 $162,000 $82,800
2018 $10,487 $491,200 $324,000 $167,200
2017 $9,988 $448,700 $293,900 $154,800
2016 $9,422 $422,500 $270,200 $152,300
2015 $9,007 $422,700 $274,000 $148,700
2014 $9,075 $349,900 $199,000 $150,900
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Fresnedo

    Seller's Agent in 2021

    Alfredo Fresnedo

    RE/MAX

    (732) 763-2961

    48 in this area

    65 Total Sales

    Alfredo Fresnedo
    Section Image

  • T

    Buyer's Agent in 2021

    Thea Bowers

    BHHS Fox & Roach

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22033368

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00139-0000-00003

New Jersey Monmouth County Ocean Grove 07756

108 Mount Carmel Way, Ocean Grove, NJ

This home is located at 108 Mount Carmel Way, Ocean Grove, NJ 07756 since 03 November 2020 and is currently estimated at $940,338, approximately $1,008 per square foot. This property was built in 1904. 108 Mount Carmel Way is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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