NOT LISTED FOR SALE

120 Mount Tabor Way Unit 2 Family Ocean Grove, NJ 07756

Estimated Value: $871,000

2 Beds
1 Bath
1,722 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $460,000 $267 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,849/month

62 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Level Lot
  • Attic
  • Patio
  • 3-minute walk to Greenleaf Park

About This Home

As of April 2017

Many repairs and updates to this 2 Family home in 2010. There are 2 - 2 BR apts each with 1 Bath. Both with open front porches. Each has washer/dryer and some outside space. Wood floors thru out and 2nd fl has attic storage. New furnace, windows and painted outside and inside in 2010. Fully rented tenants pay $1475 each plus electric and gas. No leases.

Last Agent to Sell the Property

Mary Winkler

Jack Green Realty License #0335790 Listed on: 01/13/2017

Jack Green Realty

Last Buyer's Agent

Margaret Sieczkowski

Jack Green Realty License #1326636

Jack Green Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 30x60
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Window Screens
  • Wood Flooring
  • Stove
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Dirt Floor

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Tenant pays for gas, electricity
  • The owner pays for hot water, water, sewer, heat
  • Assessor Parcel Number 3500119000001315

Community Details

Overview

  • 2 Units
  • Ocean Grove Subdivision

Building Details

  • Electric Expense $75
  • Fuel Expense $1,500
  • Insurance Expense $2,000
  • Maintenance Expense $800
  • Water Sewer Expense $850
  • Gross Income $35,400
  • Net Operating Income $30,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,042

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Income And Expenses Maintenance Expense: 800.0
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Linoleum/Vinyl, Wood
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1925
  • 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
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 30X60
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Income Expenses Electric Expense: 75.0
  • Income Expenses Insurance Expense: 2000.0
  • Income Expenses WaterSewer Expense: 850.0
  • Income Expenses Gross Income2: 35400.0
  • Income Expenses Net Income: 30175.0
  • Unit 1 Gas Stove: Yes
  • Exterior Screens2: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 1500.0
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Partial
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Partial: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants belongings
  • Exterior Features: Patio, Thermal Window, Screens

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 850.0

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30X60
  • Parcel #: 3500119000001315
  • Zoning Description: Residential, Multi-Family

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Hot Water, Water, Sewer, Heat

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7042.0
  • Tax Other Annual Assessment Amount: 315800.0

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 75.0
  • Annual Gross Income: 35400.0
  • Insurance Expense: 2000.0

MLS Schools

  • High School: Neptune Twp

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $460,000 -- $267 / 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
2025 $14,771 $983,900 $402,600 $581,300
2024 $10,747 $859,300 $288,700 $570,600
2023 $10,747 $605,800 $295,800 $310,000
2022 $10,296 $578,600 $283,400 $295,200
2021 $9,612 $495,700 $268,800 $226,900
2020 $9,606 $460,700 $245,600 $215,100
2019 $9,612 $454,900 $253,100 $201,800
2018 $9,678 $453,300 $253,100 $200,200
2017 $7,466 $335,400 $219,200 $116,200
2016 $7,042 $315,800 $201,500 $114,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Winkler

    Seller's Agent in 2017

    Mary Winkler

    Jack Green Realty

    (732) 776-6400

    13 in this area

    17 Total Sales

    Mary Winkler
    Section Image

  • M

    Buyer's Agent in 2017

    Margaret Sieczkowski

    Jack Green Realty

    (201) 961-2614

    25 in this area

    33 Total Sales

    Margaret Sieczkowski
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21701587

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00153-0000-00003

New Jersey Monmouth County Ocean Grove 07756

120 Mount Tabor Way Unit 2 Family, Ocean Grove, NJ

This home is located at 120 Mount Tabor Way Unit 2 Family, Ocean Grove, NJ 07756 since 13 January 2017 and is currently estimated at $871,000, approximately $505 per square foot. This property was built in 1925. 120 Mount Tabor Way Unit 2 Family is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel 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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