$435,000
SOLD MAY 2, 2025

111 E Garwood Ave Monroe, NJ 08094

-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Recently Sold

74 Days on Market

About This Home

As of May 2025

Calling all investors, this property has so much potential offering a total of 2 buildings!! Currently there is 2 buildings one is a 2 unit rental duplex currently tenant occupied.
Second building needs a rehab & perhaps can be turned into another duplex, or be used as a daycare church etc , check with the municipality for allowable use. (buyer to do their own due diligence. Building 1 Upper Unit has 3 bedrooms and 1 bath kitchen and living room. Lower unit is 3 bedrooms 1 bath kitchen and living room with access to the basement. Buyer take note leases have to be conveyed with the sale and will remain in place until they expire . Property conveyed strictly as is where is . Buyer is responsible for any and all certs required by lenders or Monroe Twp. and Buyer to due own due diligence . Second building is currently not in use and needs a rehab and being sold strictly as is -where is. This building used to be a daycare and was in use as such . Public records show zoned general commercial, but buyer to due their own diligence as to what this building can or can not be used for. Buyer is responsible for any and all certifications as may be required by lender, municipality . Seller and listing agent make no representation regarding any information contained within or regarding the property. Buyer is responsible for verifying the accuracy of any and all information provided in the mls including but not limited to, room sizes, property amenities, property condition, functionality of any systems, etc .**DONOT ENTER or WALK the property with out a scheduled appointment .Do not approach tenants ****DO NOT WALK UP OUTSIDE STAIRS on building 2 they are not safe. Information deemed liable but not guaranteed.

Last Agent to Sell the Property

Angie Kovalak

(856) 885-0818 angiekovalak@gmail.com BHHS Fox & Roach-Washington-Gloucester Listed on: 01/10/2025

BHHS Fox & Roach-Washington-Gloucester

Last Buyer's Agent

Robert Mahone

(732) 372-4280 pgm@pgmllc.net Keller Williams Realty East Monmouth

Keller Williams Realty East Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,922

Year Built

  • Built in 1953

Parking

  • Driveway

Home Design

  • Duplex
  • Frame Construction

Additional Features

  • 0.36 Acre Lot
  • Heating Available
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 11-01809-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,922

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Exclusions: tenants personal property washer dryer fridge
  • New Construction: No
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Zoning: MULTI
  • Zoning Description: residential general commercial per tax office

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13922.00
  • Assessor Parcel Number: 11-01809-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONROE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
May 1, 2025
Sold by
Wittje Louis
Bought by
J & W Property One Llc
Seller's Agent
Angie Kovalak
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Robert Mahone
Keller Williams Realty East Monmouth
List Price
$435,000
Sold Price
$435,000
Views
159
Current Estimated Value
$442,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,974
Original Mortgage
$533,876
Outstanding Balance
$359,848
Interest Rate
6.67%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2022
Sold by
Marie Evans Joyce
Bought by
Wttje Joyce M and Wittje Louis M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $435,000 First American Title
Deed $435,000 First American Title
Quit Claim Deed -- Schwartz Leonard T
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $533,876 Construction
Closed $533,876 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $435,000 0.0% --
04/16/2025 04/16/25 For Sale $435,000 0.0% --
03/25/2025 03/25/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $435,000 -- --
Source: Bright MLS

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 $13,923 $380,200 $40,800 $339,400
2024 $13,820 $380,200 $40,800 $339,400
2023 $13,820 $380,200 $40,800 $339,400
2022 $13,756 $380,200 $40,800 $339,400
2021 $13,843 $380,200 $40,800 $339,400
2020 $13,828 $380,200 $40,800 $339,400
2019 $13,744 $380,200 $40,800 $339,400
2018 $13,520 $380,200 $40,800 $339,400
2017 $14,260 $402,600 $50,100 $352,500
2016 $14,079 $402,600 $50,100 $352,500
2015 $13,676 $402,600 $50,100 $352,500
2014 $13,278 $402,600 $50,100 $352,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2051738

Bright MLS

APN: 11-01809-0000-00008