NOT LISTED FOR SALE

1214 5th Ave Neptune, NJ 07753

Estimated Value: $398,000 - $2,299,000

3 Beds
1 Bath
1,312 Sq Ft
$685/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $325,000 $248 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $5,471/month

274 Days on Market

Highlights

  • Colonial Architecture
  • Enclosed patio or porch
  • Forced Air Heating System
  • No HOA
  • Cooling Available
  • 4-minute walk to Joe Freda Park

About This Home

As of July 2022

A great opportunity to own a home just over a mile to the Ocean. Enclosed front porch with french doors, large living room and huge, sunny dining room. oversized walk-in closet and separate laundry room on the first floor. Direct access from kitchen to backyard and basement. Upstairs to 3 bedrooms, full bath and potential walk up attic access. Property is being sold in ''as is'' condition. Close to towns of Asbury Park, Ocean Grove and Bradley Beach. Convenient to Bradley Beach train station.

Last Agent to Sell the Property

JoAnn Yagoda

Jersey Shore Real Estate Group Associates LLC License #7874129 Listed on: 06/22/2021

Last Buyer's Agent

JoAnn Yagoda

Jersey Shore Real Estate Group Associates LLC License #7874129 Listed on: 06/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,196

Year Built

  • Built in 1912

Lot Details

  • 7,492

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Neptune Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Lot Dimensions are 50x150

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 35-00420-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,196

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1912
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x150
  • Location Middle School: Neptune
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 50x150
  • Parcel #: 35-00420-0000-00020

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5196.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jun 30, 2022
Sold by
Leroy Branch
Bought by
1214 5Th Ave Llc
Seller's Agent
JoAnn Yagoda
Jersey Shore Real Estate Group Associates LLC
Buyer's Agent
JoAnn Yagoda
Jersey Shore Real Estate Group Associates LLC
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$899,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,354
Avg. Annual Appreciation
40.55%
Original Mortgage
$1,610,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Garofalo Anthony
Bought by
Branch Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.65%
Mortgage Type
VA

Purchase Details

Closed on
Jan 30, 1996
Sold by
Garafalo Michelle
Bought by
Garofalo Anthony

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
7.04%

Purchase Details

Closed on
May 17, 1995
Sold by
Estate Of Alan Gooden
Bought by
Garofalo Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.2%
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
1214 5Th Ave Llc $325,000 Westcor Land Title
Branch Leroy $85,900 --
Garofalo Anthony $100,000 --
Garofalo Michele $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1214 5Th Ave Llc $1,610,000
Previous Owner Branch Leroy $131,522
Previous Owner Branch Leroy $88,000
Previous Owner Garofalo Anthony $79,000
Previous Owner Garofalo Michele $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $325,000 -9.7% $248 / Sq Ft
09/10/2021 09/10/21 Price Changed $359,900 -1.4% $274 / Sq Ft
08/21/2021 08/21/21 Price Changed $364,900 -2.7% $278 / Sq Ft
06/22/2021 06/22/21 For Sale $375,000 -- $286 / 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
2024 $5,756 $382,900 $251,200 $131,700
2023 $5,756 $318,700 $190,100 $128,600
2022 $5,196 $319,400 $154,300 $165,100
2021 $5,196 $245,900 $119,000 $126,900
2020 $4,865 $229,700 $109,400 $120,300
2019 $4,912 $229,000 $109,400 $119,600
2018 $4,828 $222,500 $103,800 $118,700
2017 $4,952 $219,200 $109,300 $109,900
2016 $5,151 $227,400 $119,300 $108,100
2015 $4,672 $209,800 $104,300 $105,500
2014 $3,774 $139,300 $69,300 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120174

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00420-0000-00020