B
Seller's Agent in 2023
Barbara Giacchi
Burke&Manna Real Estate Agency
(908) 309-9565
4 in this area
9 Total Sales
118 Ocean Ave Monmouth Beach, NJ 07750
Estimated Value: $1,450,000 - $1,886,662
1
Bed
2
Baths
2,149
Sq Ft
$785/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Deck
- Monmouth Beach School District Rated A
- Oceanside
- Cooling Available
About This Home
As of September 2023One of a kind in Monmouth Beach! Main house has 2 apartments; one bedroom upstairs and a 2 bedroom downstairs. The rear cottage is a 2 bedroom/2 bath separate building. This listing also includes Block 1 Lot 11; a 60 x120 beachfront property across the street which will give you unobstructed views. All references to sq. footage are approximate. Property is being sold in ''AS IS'' condition.
Last Agent to Sell the Property
Burke&Manna Real Estate Agency License #8441621 Listed on: 05/04/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,853
Year Built
- Built in 1924
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 60 x 211
- Beach Front
Home Design
- Duplex
Interior Spaces
- 2,149 Sq Ft Home
- 2-Story Property
- Ocean Views
- Stove
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Crawl Space
Parking
- No Garage
- Common or Shared Parking
- Unpaved Parking
- Assigned Parking
Outdoor Features
- Oceanside
- Deck
- Outdoor Storage
Schools
- Monmouth Beach Elementary And Middle School
Utilities
- Cooling Available
- Furnace
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Water Heater
Community Details
- 2 Units
- Fenced Storage
Listing and Financial Details
- Tenant pays for water, gas, electricity
- Assessor Parcel Number 34-00011-0000-00004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Aug 29, 2023
Sold by
Ocean118 Llc
Bought by
Livmol Capital Llc
Seller's Agent
Barbara Giacchi
Burke&Manna Real Estate Agency
Buyer's Agent
LAUREN COHEN
C21/ Mack Morris Iris Lurie
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,834
Avg. Annual Appreciation
2.79%
Purchase Details
Closed on
Dec 16, 2020
Sold by
Alexander James M and James M Alexander Revocable Li
Bought by
Ocean118 Llc
Purchase Details
Closed on
May 13, 2014
Sold by
Alexander James M
Bought by
Alexander James M
Purchase Details
Closed on
May 28, 2013
Sold by
Bonomolo Anthony and Bonomolo Camille
Bought by
Pellegrino Rosanne and Bianchini Victoria
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Livmol Capital Llc | $1,678,500 | First American Title | |
| Ocean118 Llc | -- | Green Label Title | |
| Alexander James M | -- | None Available | |
| Pellegrino Rosanne | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $1,700,000 | -8.1% | $791 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $1,850,000 | -- | $861 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,081 | $1,790,700 | $1,395,900 | $394,800 |
| 2024 | $13,598 | $1,341,600 | $1,035,900 | $305,700 |
| 2023 | $13,598 | $1,320,200 | $1,057,300 | $262,900 |
| 2022 | $14,379 | $1,263,000 | $1,010,200 | $252,800 |
| 2021 | $14,379 | $1,132,200 | $875,200 | $257,000 |
| 2020 | $13,605 | $1,109,700 | $857,200 | $252,500 |
| 2019 | $13,364 | $1,111,800 | $857,200 | $254,600 |
| 2018 | $13,149 | $1,069,900 | $821,200 | $248,700 |
| 2017 | $12,277 | $968,200 | $722,200 | $246,000 |
| 2016 | $13,442 | $1,016,000 | $767,200 | $248,800 |
| 2015 | $13,760 | $1,094,700 | $857,200 | $237,500 |
| 2014 | $13,290 | $1,022,300 | $776,200 | $246,100 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Giacchi
-
LAUREN COHEN
L
Buyer's Agent in 2023
LAUREN COHEN
C21/ Mack Morris Iris Lurie
(732) 547-0664
2 in this area
14 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22309502
APN: 34-00011-0000-00004
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Information is deemed reliable but not guaranteed.
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