$730,121 - $896,000
RENTED JAN 15, 2025

109 Mount Tabor Way Unit 2 Ocean Grove, NJ 07756

2 Beds
1 Bath
1,334 Sq Ft
$598 Price per Sq Ft

About This Home

As of January 2025

WINTER RENTAL 2024/2025! Spacious second floor 2 story apartment in Ocean Grove and only steps away from Asbury Park. Open porch, large living room with work from home space, updated kitchen, dining area, bedroom and full bath complete the second floor. Large loft perfect for additional guests. Close to Ocean Grove's beach, NYC transportation, Asbury Park and downtown Ocean Grove.

Last Agent to Rent the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 04/24/2024

RE/MAX Gateway

Last Renter's Agent

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 04/24/2024

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,159

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 1,334 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Property Available on 10/1/24
  • Assessor Parcel Number 12345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,159

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Available Date: 2024-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Architectural Style: Other - See Remarks
  • Year Built: 1910
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2024-10-01
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • 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
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 12345

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2018
Sold by
Nealis One Llc
Bought by
Veloz Edwin and Veloz Noreen
Current Estimated Value
$794,456

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
4.71%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Veloz Edwin $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veloz Edwin $200,000
Closed Veloz Edwin $200,000
Closed Veloz Edwin --
Closed Veloz Edwin $200,000
Previous Owner Marsh Harold L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $8,000 +300.0% --
12/14/2024 12/14/24 Under Contract -- -- --
09/27/2024 09/27/24 Price Changed $2,000 -9.1% $1 / Sq Ft
04/24/2024 04/24/24 For Rent $2,200 -- --
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
2024 $9,159 $588,300 $361,900 $226,400
2023 $9,159 $516,300 $390,700 $125,600
2022 $8,765 $507,900 $373,900 $134,000
2021 $8,029 $422,000 $354,400 $67,600
2020 $8,152 $391,000 $323,400 $67,600
2019 $8,029 $380,000 $318,400 $61,600
2018 $9,548 $447,200 $318,400 $128,800
2017 $8,452 $379,700 $260,400 $119,300
2016 $7,957 $356,800 $239,400 $117,400
2015 $8,388 $383,000 $268,400 $114,600
2014 $9,234 $346,500 $193,400 $153,100
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Fresnedo

    Landlord's Agent in 2025

    Alfredo Fresnedo

    RE/MAX

    (732) 763-2961

    51 in this area

    69 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411217

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00139-0000-00010

New Jersey Monmouth County Ocean Grove 07756

109 Mount Tabor Way Unit 2, Ocean Grove, NJ

This home is located at 109 Mount Tabor Way Unit 2, Ocean Grove, NJ 07756 since 24 April 2024 and is currently priced at $797,280. This property was built in 1910. 109 Mount Tabor Way Unit 2 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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