NOT LISTED FOR SALE

1211 7th Ave Neptune, NJ 07753

Estimated Value: $437,000 - $526,000

4 Beds
2 Baths
1,548 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $189,000 $122 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,333/month

30 Days on Market

About This Home

As of March 2017

Fully rented 2 family close to local beaches, shopping, transportation and major highways. Units have individual furnaces and hot water heaters in full basement and individual water, gas, and electric meters. This is a short sale.

Last Agent to Sell the Property

Lawrence McCown

Keller Williams Realty Monmouth/Ocean License #9805508 Listed on: 10/17/2016

Keller Williams Realty Monmouth/Ocean

Last Buyer's Agent

Gary Mawson

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1904

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Schools

  • Adamsville Elementary School
  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • Assessor Parcel Number 35-00412-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,761

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • New Construction: No
  • Year Built: 1904
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No

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
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00412-0000-00024
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4761.0
  • Tax Other Annual Assessment Amount: 231600.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Adamsville
  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
16 Desiree Court Llc
Bought by
Mawson Gary M and Mawson Jennifer
Current Estimated Value
$496,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2016
Closed on
Mar 29, 2017
Sold by
Fedor Nancy and Sattan Nancy Sattan
Bought by
16 Desiree Court Llc
Seller's Agent
Lawrence McCown
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Gary Mawson
Keller Williams Realty West Monmouth
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Interest Rate
4.23%

Purchase Details

Closed on
May 4, 2016
Sold by
1211 7Th Avenue Neptune L Lc
Bought by
Sattan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.66%

Purchase Details

Closed on
Apr 23, 2006
Sold by
Fedor Nancy
Bought by
One Thousand Two Hundred Eleve

Purchase Details

Closed on
Dec 6, 2005
Sold by
Geib William
Bought by
Fedor Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2003
Sold by
Carhart Robert
Bought by
Geib William and Geib Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.89%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Mawson Gary M -- American Land Title
16 Desiree Court Llc $189,000 --
Sattan Nancy -- --
One Thousand Two Hundred Eleve -- --
Fedor Nancy $299,900 --
Geib William $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mawson Gary M $225,000
Previous Owner Mawson Gary M $164,500
Previous Owner Sattan Nancy --
Previous Owner 16 Desiree Court Llc $154,224
Previous Owner Sattan Nancy --
Previous Owner Fedor Nancy $240,000
Previous Owner Geib William $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2017 03/21/17 Sold $189,000 0.0% $122 / Sq Ft
12/15/2015 12/15/15 Rented $17,400 +7.4% --
02/08/2013 02/08/13 Rented $16,200 -- --
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 $6,780 $440,900 $251,200 $189,700
2023 $6,780 $375,400 $190,100 $185,300
2022 $5,466 $336,000 $154,300 $181,700
2021 $5,009 $258,700 $119,000 $139,700
2020 $5,121 $241,800 $109,400 $132,400
2019 $5,009 $233,500 $109,400 $124,100
2018 $4,926 $227,000 $103,800 $123,200
2017 $5,047 $223,400 $109,300 $114,100
2016 $5,246 $231,600 $119,300 $112,300
2015 $4,761 $213,800 $104,300 $109,500
2014 $5,136 $189,600 $69,300 $120,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21639983

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00412-0000-00024