NOT LISTED FOR SALE

1120 Madison Ave Ocean, NJ 07712

Wanamassa Neighborhood

Estimated Value: $844,000 - $905,804

4 Beds
2 Baths
2,160 Sq Ft
$403/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $825,000 $382 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,683/month

6 Days on Market

Highlights

  • Above Ground Pool
  • Colonial Architecture
  • Bonus Room
  • Bay View
  • Deck
  • No HOA

About This Home

As of May 2023

Take out your pen, and check off EVERY box at this 4 SPACIOUS bedroom / 2 nicely sized FULL bathroom home PERFECTLY-POSITIONED on this impressive 100x100 lot so you can enjoy the fenced in OASIS-LIKE backyard setting including a wide deck PERFECT for entertaining, 4 seat hot tub jacuzzi, deep driveway, above ground pool, and detached garage w/ electric which can be made into a cabana. Located MERE FEET from the corner of Roseld Ave & Logan Rd, come see this PRISTINELY maintained colonial that features a large formal dining room, living room, white and BRIGHT stainless kitchen and kitchenette area, BONUS office room off owners bedroom, and full basement! Located close to W. Allenhurst, Beaches, houses of worship, restaurants, shopping, and schools! Call today and make it yours!

Last Agent to Sell the Property

Alex Saka

Avenue Realty NJ License #2186348 Listed on: 03/17/2023

Last Buyer's Agent

Morris Assouline

RE/MAX Elite License #1430853

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,942

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bay Window
  • Bonus Room
  • Bay Views
  • Pull Down Stairs to Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-00138-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Above Ground
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic - Pull Down Stairs, Bay/Bow Window, Bonus Room, Built-Ins
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.23
  • General Property Info Lot Dimensions: 100 x 100
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Living Room BayBow Window2: Yes
  • Interior Bonus Room: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Exterior Features: Deck, Fence

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:Pool Above Ground: Yes

Lot Info

  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 37-00138-0000-00003

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9942.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 22, 2023
Sold by
Stone Kenneth and Stone Natalie Swed
Bought by
Wahba Sol and Wahba Lauren
Seller's Agent
Alex Saka
Avenue Realty NJ
Buyer's Agent
Morris Assouline
RE/MAX Elite
List Price
$799,000
Sold Price
$825,000
Premium/Discount to List
$26,000
3.25%
Views
17
Current Estimated Value
$875,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,067
Avg. Annual Appreciation
2.82%
Original Mortgage
$701,250
Outstanding Balance
$683,526
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$193,522

Purchase Details

Listed on
May 23, 2017
Closed on
Sep 6, 2017
Sold by
Ging Odnald W and Ging Maureen F
Bought by
Stone Natalie Swed and Stone Kenneth
Seller's Agent
Joseph Ossichak
Keller Williams Joe- Oz Real Estate Group
Buyer's Agent
Theresa Lee
Coldwell Banker Realty
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$304,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Wahba Sol $825,000 American Land Title
Stone Natalie Swed $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahba Sol $701,250
Previous Owner Stone Natalie Swed $300,000
Previous Owner Stone Natalie Swed $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $825,000 +3.3% $382 / Sq Ft
03/17/2023 03/17/23 For Sale $799,000 +110.3% $370 / Sq Ft
09/08/2017 09/08/17 Sold $380,000 -- $181 / 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
2024 $10,200 $784,500 $425,000 $359,500
2023 $10,200 $655,100 $415,000 $240,100
2022 $8,965 $563,600 $335,000 $228,600
2021 $8,965 $447,600 $255,000 $192,600
2020 $8,995 $443,300 $255,000 $188,300
2019 $9,076 $437,200 $250,000 $187,200
2018 $8,607 $403,500 $225,000 $178,500
2017 $8,429 $393,700 $225,000 $168,700
2016 $8,054 $338,100 $167,500 $170,600
2015 $7,845 $333,700 $167,500 $166,200
2014 $7,817 $337,500 $190,000 $147,500
Source: Public Records

Agents Affiliated with this Home

  • Alex Saka

    Seller's Agent in 2023

    Alex Saka

    Avenue Realty NJ

    (732) 822-5986

    2 in this area

    103 Total Sales

    Section Image
  • Morris Assouline

    Buyer's Agent in 2023

    Morris Assouline

    RE/MAX

    (646) 321-7504

    8 in this area

    51 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Joseph Ossichak

    Keller Williams Joe- Oz Real Estate Group

  • G

    Seller Co-Listing Agent in 2017

    Gary Mawson

    Keller Williams Realty East Monmouth

  • Theresa Lee

    Buyer's Agent in 2017

    Theresa Lee

    Coldwell Banker Realty

    (732) 241-5851

    3 in this area

    94 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22307247

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00138-0000-00003

New Jersey Monmouth County Ocean 07712 Wanamassa

1120 Madison Ave, Ocean, NJ

This home is located at 1120 Madison Ave, Ocean, NJ 07712 since 17 March 2023 and is currently estimated at $870,951, approximately $403 per square foot. 1120 Madison Ave is a home located in Monmouth County with nearby schools including Ocean Township High School, St. Mary of the Assumption School, and Hillel Yeshiva High 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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