NOT LISTED FOR SALE

116 Abbott Ave Ocean Grove, NJ 07756

Estimated Value: $587,000 - $850,000

2 Beds
1 Bath
1,060 Sq Ft
$683/Sq Ft Est. Value

About This Home

As of June 2019

Loft style duplex yearly rental in Historic Ocean Grove. Close proximity to the beach, transportation, and Asbury Park. Large living/dining combo, 2 bedrooms, 1 bath. Updated and freshly painted for quick occupancy. Rent includes heat and hot water.

Last Agent to Rent the Property

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 05/16/2019

RE/MAX Gateway

Last Renter's Agent

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 05/16/2019

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,672

Parking

  • No Garage

Home Design

  • Duplex
  • Victorian Architecture

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12345

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 12345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 1989
Bought by
Maragh Raymond and Maragh Lilla
Current Estimated Value
$701,537
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 Buyer Sale Price Title Company
Maragh Raymond $152,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2019 06/01/19 Rented $19,800 +6.5% --
04/01/2018 04/01/18 Rented $18,600 -8.8% --
12/14/2017 12/14/17 Rented $20,400 -- --
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 $8,184 $543,200 $273,600 $269,600
2024 $7,934 $467,400 $207,600 $259,800
2023 $7,934 $439,300 $185,600 $253,700
2022 $6,495 $392,200 $150,600 $241,600
2021 $6,111 $307,400 $121,700 $185,700
2020 $6,494 $306,600 $130,600 $176,000
2019 $6,111 $284,900 $94,600 $190,300
2018 $6,022 $277,500 $88,600 $188,900
2017 $5,919 $262,000 $87,100 $174,900
2016 $5,758 $254,200 $82,100 $172,100
2015 $5,568 $250,000 $82,100 $167,900
2014 $5,060 $186,800 $55,300 $131,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21920342

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00815-0000-00002