1221 9th Ave Neptune, NJ 07753
Estimated Value: $677,000 - $829,000
3
Beds
3
Baths
1,927
Sq Ft
$396/Sq Ft
Est. Value
About This Home
As of June 2017LOOKING FOR AN INVESTMENT OPPORTUNITY? Here is a 4 UNIT property that is currently all rented. LARGE LOT WITH ROOM TO BUILD - Lot size is 100x150. All units are approved for section 8 tenants. The garage is an additional storage rental opportunity that is also rented.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #1222377 Listed on: 03/08/2017
Last Buyer's Agent
Joseph Campanella
AHS Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,393
Lot Details
- 0.34
Home Design
- Quadruplex
Laundry
- Dryer
- Washer
Schools
- Neptune Middle School
- Neptune Twp High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Additional Features
- Stove
- Partial Basement
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for water, heat, gas, electricity
- The owner pays for yard maintenance, sewer, garbage removal
- Assessor Parcel Number 35-00403-0000-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2025
Sold by
Nms December 2020 Borrower Llc
Bought by
More Shore Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2020
Sold by
1221-9 Ave Llc
Bought by
Nms December 2020 Borrower Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,279,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2018
Sold by
Gt Global Properties Llc
Bought by
1221 9 Ave Llc
Purchase Details
Listed on
Mar 8, 2017
Closed on
Jun 23, 2017
Sold by
Fernicola Ivette Z and Zito Carl
Bought by
Gt Global Properties Llc
Seller's Agent
Doreen DeMarco
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Buyer's Agent
Joseph Campanella
AHS Realty
Sold Price
$366,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Purchase Details
Closed on
Aug 26, 2013
Sold by
Inette Demarco Carlzito Eugene and Inette Fernilola
Bought by
Ivette Demarco Eugene and Ivette Fernilola
Purchase Details
Closed on
Feb 24, 2009
Sold by
Fernicola Ivette Z and Zito Carl
Bought by
Fernicola Ivette Z and Zito Carl
Purchase Details
Closed on
Oct 20, 2008
Sold by
Land Community Development Llc
Bought by
Fernicola Ivette Z and Zito Carl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 2, 2001
Sold by
Aurora Loan Svcs Inc
Bought by
Gannon Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 9, 1995
Sold by
Sovereign Bank
Bought by
Hinds Hugh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.82%
Mortgage Type
Commercial
Similar Homes in the area
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 |
|---|---|---|---|
| More Shore Llc | $780,000 | Two Rivers Title | |
| Nms December 2020 Borrower Llc | -- | Land Title | |
| 1221 9 Ave Llc | -- | Stewart Title | |
| Gt Global Properties Llc | $366,000 | Madison Title Agency | |
| Ivette Demarco Eugene | -- | None Available | |
| Fernicola Ivette Z | -- | Multiple | |
| Fernicola Ivette Z | $510,000 | Multiple | |
| Gannon Matthew | $132,000 | -- | |
| Hinds Hugh | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | More Shore Llc | $624,000 | |
| Previous Owner | Nms December 2020 Borrower Llc | $5,279,000 | |
| Previous Owner | Fernicola Ivette Z | $382,500 | |
| Previous Owner | Gannon Matthew | $344,000 | |
| Previous Owner | Gannon Matthew | $92,000 | |
| Previous Owner | Hinds Hugh | $77,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2017 06/26/17 | Sold | $366,000 | -- | $190 / 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 |
|---|---|---|---|---|
| 2024 | $9,575 | $616,000 | $303,800 | $312,200 |
| 2023 | $9,575 | $530,200 | $225,200 | $305,000 |
| 2022 | $9,037 | $473,900 | $183,500 | $290,400 |
| 2021 | $9,037 | $427,700 | $148,200 | $279,500 |
| 2020 | $8,855 | $418,100 | $138,600 | $279,500 |
| 2019 | $8,200 | $382,300 | $138,600 | $243,700 |
| 2018 | $9,997 | $460,700 | $133,000 | $327,700 |
| 2017 | $9,915 | $438,900 | $138,500 | $300,400 |
| 2016 | $10,057 | $444,000 | $148,500 | $295,500 |
| 2015 | $9,393 | $421,800 | $133,500 | $288,300 |
| 2014 | $7,488 | $276,400 | $98,500 | $177,900 |
Source: Public Records
Agents Affiliated with this Home
-
Doreen DeMarco
Seller's Agent in 2017
Doreen DeMarco
BHHS Fox & Roach
(732) 241-5015
1 in this area
141 Total Sales
-
J
Buyer's Agent in 2017
Joseph Campanella
AHS Realty
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21709022
APN: 35-00403-0000-00025
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