NOT LISTED FOR SALE

118 Wesley Ave Atlantic Highlands, NJ 07716

Estimated Value: $474,000 - $642,000

2 Beds
1 Bath
872 Sq Ft
$635/Sq Ft Est. Value

About This Home

Welcome to this charming 2 bed / 1 bath cottage in Atlantic Highlands, NJ. This delightful home offers a cozy atmosphere and a convenient location that is close to the beach, great restaurants, harbor and for those commuters, the Seastreak ferry to NYC. Upon entering the cottage, you'll be greeted by a warm and inviting interior. The living space features wood floors, cathedral ceiling and a newly updated kitchen that is fully equipped with modern appliances and gorgeous quartz counters. One of the highlights of this cottage is its serene yard, which offers a lovely outdoor space to enjoy with family and friends. Full, unfinished basement, and 1 car garage, make this property a rare find in Atlantic Highlands.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 1997
Sold by
Adams Timothy
Bought by
Gasser Michael
Current Estimated Value
$553,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1993
Sold by
Gallagher Julia
Bought by
Adams Janice and Adams Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gasser Michael $113,000 --
Adams Janice $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gasser Michael J $50,000
Open Gasser Michael J $185,500
Closed Gasser Michael $107,000
Previous Owner Adams Janice $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2023 07/15/23 Rented $33,600 +1020.0% --
07/08/2023 07/08/23 Under Contract -- -- --
06/25/2023 06/25/23 For Rent $3,000 -- --

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 $6,588 $433,300 $307,500 $125,800
2023 $6,588 $385,700 $262,800 $122,900
2022 $5,989 $355,900 $238,900 $117,000
2021 $5,989 $304,800 $203,100 $101,700
2020 $6,139 $308,800 $207,100 $101,700
2019 $6,105 $308,200 $207,100 $101,100
2018 $6,344 $323,500 $227,100 $96,400
2017 $5,845 $219,900 $164,300 $55,600
2016 $5,764 $219,900 $164,300 $55,600
2015 $5,479 $214,600 $159,000 $55,600
2014 $5,544 $219,900 $164,300 $55,600
Source: Public Records

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