NOT LISTED FOR SALE

1112 Borden Ave Unit 14 Point Pleasant Boro, NJ 08742

Estimated Value: $916,000 - $994,000

-- Bed
2 Baths
-- Sq Ft
0.39 Acres

Last Sold January 30, 2019

Last sale price $515,000

Est. 86% increase in value since last sale

Current estimated payment $5,817/month

18 Days on Market

About This Home

As of January 2019

Side by side DUPLEX. Fantastic INVESTMENT opportunity. Each has 3 bedrooms and 1 full bath and have a private fenced 56x150 backyards. Both units have separate driveways. Rent out both for a great income property or live in one and rent out the other. Close to beaches and shopping.

Last Agent to Sell the Property

Donna Marie Jungsberger

Diane Turton, Realtors-Brick License #1325917 Listed on: 12/13/2018

Diane Turton, Realtors-Brick

Last Buyer's Agent

Dawn Mauro

Diane Turton, Realtors-Lavallette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,759

Lot Details

  • 0.39

Parking

  • Paved Parking

Home Design

  • Duplex

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Ocean Elementary School
  • Memorial Middle School
  • Point Pleasant Borough High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace
  • Natural Gas Water Heater

Additional Features

  • Crawl Space
  • Lot Dimensions are 112 x 150

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,759

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 112 X 150
  • Location Middle School: Memorial
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Basement:Crawl Space: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Memorial

Lot Info

  • Lot Dimensions: 112 X 150
  • Parcel #: 000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ocean
  • High School: Point Pleasant Borough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jan 30, 2019
Sold by
1112 Borden Ave Llc
Bought by
Gross Elizabeth
Seller's Agent
Donna Marie Jungsberger
Diane Turton, Realtors-Brick
Buyer's Agent
Dawn Mauro
Diane Turton, Realtors-Lavallette
Sold Price
$515,000
Current Estimated Value
$959,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,476
Avg. Annual Appreciation
9.76%
Original Mortgage
$386,250
Outstanding Balance
$339,583
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$619,893

Purchase Details

Closed on
Jan 31, 2008
Sold by
Depaolo Stephen J
Bought by
1112 Borden Ave Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Hazelet Richard F and Hazelet Sandra
Bought by
Depaolo Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Gross Elizabeth $515,000 Acres Land Title Agency Inc
1112 Borden Ave Llc $455,000 Old Republic Title
Depaolo Stephen J $600,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Elizabeth $386,250
Previous Owner Depaolo Stephen J $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $515,000 -- --
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 $8,759 $383,000 $216,000 $167,000
2024 $8,372 $383,000 $216,000 $167,000
2023 $8,200 $383,000 $216,000 $167,000
2022 $8,200 $383,000 $216,000 $167,000
2021 $8,074 $383,000 $216,000 $167,000
2020 $7,989 $383,000 $216,000 $167,000
2019 $7,882 $383,000 $216,000 $167,000
2018 $7,649 $383,000 $216,000 $167,000
2017 $7,480 $383,000 $216,000 $167,000
2016 $7,423 $383,000 $216,000 $167,000
2015 $7,334 $383,000 $216,000 $167,000
2014 $7,166 $383,000 $216,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21846986

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 25-00128-0000-00008-01